Trends - Ajay Banga - Business Recorder

Ajay Banga

Developing countries should fast-track US trade deals: World Bank president

WASHINGTON: Developing countries should strike swift trade deals with the United States at the “earliest possible”...

Updated 26 Apr, 2025 04:50pm

Business & Finance

World Bank urges developing states to lower tariffs, focus on regional trade

WASHINGTON: World Bank President Ajay Banga urged developing countries on Wednesday to liberalize trade, saying many...

Published 17 Apr, 2025 05:42am

Business & Finance

World Bank president focused on job creation ahead of annual meetings

WASHINGTON: The World Bank will unveil plans to tackle job creation, gender disparities, and food security at next...

Published 18 Oct, 2024 11:26am

Business & Finance

World Bank’s Banga says more bilateral debt forgiveness needed

WASHINGTON: World Bank President Ajay Banga said on Thursday that bilateral creditors need to provide more debt...

Published 17 Oct, 2024 08:37pm

Pakistan

PM Shehbaz engages World Bank, IMF leaders on Pakistan’s economic reforms

Expresses appreciation for IMF's technical assistance and capacity-building programs

Updated 27 Sep, 2024 11:33pm

World

World Bank boosts climate financing by 10 percent

WASHINGTON: The World Bank announced Thursday that it delivered a record $42.6 billion in climate change financing ...

Published 20 Sep, 2024 06:11am

BR Research

Addressing nutrition challenges key to human development

Pakistan’s socioeconomic priorities need to change to adapt to the modern economic structures. The country missed...

Published 02 May, 2024 08:00am

Life & Style

Alia Bhatt, Motaz Azaiza, Ajay Banga among those named TIME100 ‘Most Influential People’

Bollywood actor Alia Bhatt, Palestinian photographer Motaz Azaiza and World Bank President Ajay Banga were among...

Published 17 Apr, 2024 06:44pm

Pakistan

World Bank, Pakistan agree on need for 10-year rolling country framework plan: Finance Division

Aurangzeb also shares reform agenda during meeting with World Bank chief

Updated 17 Apr, 2024 05:56pm

World

World Bank chief pushes internal reforms at spring meetings

WASHINGTON: World Bank President Ajay Banga said on Friday he plans to highlight a range of process improvements...

Updated 12 Apr, 2024 11:10pm

World

Private sector funding key to climate transition, WB chief says

WASHINGTON: The World Bank is working to slash how long it takes to get financing projects off the ground as part of...

Published 05 Jan, 2024 03:12am

Business & Finance

World Bank’s Banga calls for record replenishment of fund for poorest countries

World Bank President Ajay Banga on Wednesday called on member countries to make the next replenishment of the...

Published 06 Dec, 2023 02:29pm

Business & Finance

World Bank increases climate spending to 45%

DUBAI: The World Bank on Friday said it will increase the amount it spends annually on climate-related projects to...

Published 01 Dec, 2023 06:21pm

World

IMF, World Bank urge funds for poverty, climate fights

MARRAKESH, (Morocco): The heads of the IMF and World Bank urged member nations on Friday to boost the funding...

Published 14 Oct, 2023 05:32am

Markets

Japan, World Bank launch project to diversify energy supply chain

MARRAKECH (Morocco): Japan, the World Bank and several partner countries on Wednesday launched a $40 million...

Published 12 Oct, 2023 05:57am

Business & Finance

World Bank needs to get ‘better’, ‘bigger’: president

MARRAKESH: The World Bank’s new president, Ajay Banga, said Wednesday that the global lender must become...

Published 12 Oct, 2023 05:57am

World

World Bank urges cooling of Israel-Gaza conflict

MARRAKECH, (Morocco): The World Bank on Monday urged a “rapid de-escalation” of the fighting in Israel and Gaza...

Published 10 Oct, 2023 06:19am

World

IMF, World Bank to tackle climate goals among reforms at annual meetings

WASHINGTON: The World Bank and International Monetary Fund will tackle the thorny issue of institutional reform at...

Published 06 Oct, 2023 03:03am

World

Yellen says she trusts IMF, World Bank, Morocco to adjust annual meetings after disaster

NEW YORK: US Treasury Secretary Janet Yellen said on Tuesday that she trusts the leaders of the World Bank and the...

Published 20 Sep, 2023 11:38am

Markets

India should cash in on ‘China plus one’ strategy: World Bank chief

NEW DELHI: India has an opportunity to cash in on global companies’ efforts to build factories outside China, the...

Published 19 Jul, 2023 03:21pm

Markets

World Bank chief Banga unveils new plans to boost lending ‘firepower’

World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank’s balance sheet and help countries...

Published 18 Jul, 2023 10:11am

Markets

World economy in a difficult place but not destined to stay there

GANDHINAGAR: The world economy is in a difficult place but it is not destined to stay there, World Bank President...

Updated 17 Jul, 2023 09:02pm

Business & Finance

World Bank chief names CEOs to aid climate finance ‘lab’ effort

WASHINGTON: The World Bank on Monday named the 15 chief executive officers including financiers and asset managers...

Published 17 Jul, 2023 03:47am

‘World Bank needs new playbook to boost private investment in emerging markets’

WASHINGTON: The World Bank must use “informed risk-taking” to encourage private investors to get more engaged in...

Updated 12 Jun, 2023 08:40am

World

World Bank board elects US nominee Ajay Banga as president

WASHINGTON: The World Bank’s 25-member executive board on Wednesday elected former Mastercard CEO Ajay Banga to a...

Published 03 May, 2023 09:23pm

World

World Bank board to interview US nominee Banga in early May, sources say

WASHINGTON: The World Bank’s executive board will conduct a formal interview with Ajay Banga, the U.S. nominee to...

Published 11 Apr, 2023 09:01pm

Markets

World Bank, IMF spring meetings to get underway in complex economic environment

WASHINGTON: The World Bank and International Monetary Fund’s spring meetings get underway later this week with an...

Published 10 Apr, 2023 11:02am

Business & Finance

US candidate Banga the sole nominee to lead World Bank

WASHINGTON: Ajay Banga, the American pick to lead the World Bank, was the only candidate nominated for the position,...

Published 31 Mar, 2023 06:45am

World

Biden nominates Ajay Banga to head World Bank

WASHINGTON: US President Joe Biden on Thursday nominated business executive Ajay Banga to become president of the...

Published 24 Feb, 2023 07:33am

World

Biden nominates former MasterCard chief Banga to head World Bank

WASHINGTON: U.S. President Joe Biden on Thursday nominated Indian-American business executive Ajay Banga to become...

Published 23 Feb, 2023 09:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 12	252.63
Diesel/Litre / May 12	256.64

Gainers
Losers
Leaders

Stock	Price
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
Colony Tex.Mills Ltd / May 12 Colony Textile Mills Limited(CTM)	3.59 ▲ 0.59 (19.67%)
Dadabhoy Cement / May 12 Dadabhoy Cement Industries Limited(DBCI)	4.80 ▲ 0.74 (18.23%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.71 ▲ 0.72 (18.05%)
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	2.79 ▲ 0.42 (17.72%)
Askari Life Assur. / May 12 Askari Life Assurance Company Limited(ALAC)	5.25 ▲ 0.75 (16.67%)
B. F. Mod. / May 12 B.F. Modaraba(BFMOD)	7.35 ▲ 1 (15.75%)
HBL Invest Fund / May 12 HBL Investment Fund(HIFA)	3.42 ▲ 0.46 (15.54%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3 ▲ 0.4 (15.38%)
Chenab Ltd / May 12 Chenab Limited(CHBL)	5.77 ▲ 0.76 (15.17%)

Stock	Price
First AL-Noor Mod. / May 12 First Al-Noor Modaraba(FANM)	2.50 ▼ -0.5 (-16.67%)
Elahi Cot. / May 12 Elahi Cotton Mills Limited(ELCM)	113.26 ▼ -12.58 (-10%)
Hussain Industries / May 12 Husein Industries Limited(HUSI)	27 ▼ -2.29 (-7.82%)
Gulistan Sp. / May 12 Gulistan Spinning Mills Limited(GUSM)	6.50 ▼ -0.51 (-7.28%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	41.99 ▼ -2.88 (-6.42%)
Bank of Khyber / May 12 The Bank of Khyber(BOK)	14.12 ▼ -0.54 (-3.68%)
Sanghar Sugar / May 12 Sanghar Sugar Mills Limited(SANSM)	48.60 ▼ -1.76 (-3.49%)
Dewan Mushtaq / May 12 Dewan Mushtaq Textile Mills Limited(DMTM)	9 ▼ -0.29 (-3.12%)
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	41.30 ▼ -1.27 (-2.98%)
AN Textile Mill / May 12 AN Textile Mills Limited(ANTM)	9.02 ▼ -0.25 (-2.7%)

Stock	Volume
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	40,283,171 ▲ 0.35
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	33,171,356 ▼ -1.27
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	33,082,607 ▲ 0.12
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	19,065,121 ▲ 0.88
Power Cement / May 12 Power Cement Limited(POWER)	15,906,798 ▲ 0.93
B.O.Punjab / May 12 The Bank of Punjab(BOP)	15,320,569 ▲ 0.9
Pak Elektron / May 12 Pak Elektron Limited(PAEL)	10,655,460 ▲ 3.96
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	10,117,579 ▲ 0.72
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	9,121,637 ▲ 0.87
Dewan Cement / May 12 Dewan Cement Limited(DCL)	7,332,483 ▲ 1

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Ajay Banga

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