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defence budget

Defence budget raised by 17.6pc

ISLAMABAD: The federal government on Wednesday budgeted Rs2,128.8 billion for defence affairs and services for...

Updated 13 Jun, 2024 03:47pm

Opinion

IMF and Pakistan’s defence budget

According to a Business Recorder news item, Pakistan’s defense budget for next fiscal year has been projected by...

Published 23 May, 2024 05:16am

IMF projects FY25 defence budget at Rs2.152trn

IMF estimates allocation as 1.72 percent of Gross Domestic Product

Updated 21 May, 2024 10:14am

Pakistan

Budget places emphasis on ‘growth-inducing’ sectors: PM Shehbaz

Says procurement of crude oil from Russia is part of energy security plan

Published 12 Jun, 2023 03:56pm

Business & Finance

Federal budget 2023-24 in graphs

The government of Pakistan announced the budget for 2023-24 on Friday. Business Recorder takes a look at the budget...

Published 10 Jun, 2023 06:03pm

Business & Finance

Sindh govt announces up to 35% raise in salaries, 17.5% hike in pension amounts

Sindh CM Murad Ali Shah unveils Rs2.24tr budget aimed at ‘revitalising prosperity’

Updated 10 Jun, 2023 06:50pm

Rs1.8095trn set aside for Defence

ISLAMABAD: The federal government on Friday earmarked Rs 1,809.5 billion for defence affairs and services for...

Updated 10 Jun, 2023 06:52pm

Business & Finance

Budget 2023-24: incentives fail to entice stakeholders in IT sector

Say measures are insufficient to raise exports substantially

Published 10 Jun, 2023 01:43am

Business & Finance

Key highlights of budget 2023-24

Business Recorder takes a look at key points

Updated 10 Jun, 2023 01:14am

Business & Finance

On digital payments: services tax on restaurants in ICT reduced in federal budget

Under the ICT (tax on services) Ordinance, 2001, the government of Pakistan proposed to reduce services tax on...

Updated 09 Jun, 2023 07:35pm

Pakistan

How experts view the upcoming budget announcement

Business Recorder reaches out to experts to know their expectations for budget

Updated 09 Jun, 2023 05:22pm

Pakistan

There will be no winners, say experts ahead of budget announcement

Trapped in economic crisis coupled with political instability and lingering IMF programme, govt seems to have its hands tied

Updated 07 Jun, 2023 08:35pm

Inflation: ECC approves Rs4bn TSG for defence forces

ISLAMABAD: As the country’s inflation is at an all-time high, the Economic Coordination Committee (ECC) has approved...

Updated 27 May, 2023 08:45am

World

India hikes defence budget 13% with an eye on China

NEW DELHI: India announced a double-digit increase in its annual defence budget Wednesday with an eye on its...

Published 01 Feb, 2023 07:06pm

Opinion

Hands off our public holiday, cry angry Danes

The Danish government’s plan to abolish a public holiday to help fund the defence budget amid the war in Ukraine ...

Published 27 Jan, 2023 06:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.60 ▲ 0.40 (12.50%)
F.Credit & Inv / Jan 21 First Credit and Investment Bank Limited(FCIBL)	8.34 ▲ 0.88 (11.80%)
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	12.85 ▼ -1.18 (-8.41%)
Calcorp Ltd / Jan 21 Calcorp Limited(CASH)	32.30 ▼ -2.90 (-8.24%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9.02 ▼ -0.79 (-8.05%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	525.02 ▼ -44.94 (-7.88%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Fateh Sports / Jan 21 Fateh Sports Wear Limited(FSWL)	72.51 ▼ -6.06 (-7.71%)
PICIC Ins.Ltd. / Jan 21 PICIC Insurance Limited(PIL)	2.80 ▼ -0.23 (-7.59%)
Tri-Star Mutual / Jan 21 Tri-Star Mutual Fund Limited(TSMF)	7.02 ▼ -0.54 (-7.14%)

Stock	Volume
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	63,318,883 ▲ 0.20
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.34
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.07
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	54,282,654 ▲ 0.44
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	45,223,602 ▲ 1.19
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.18
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -1.98
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -2.72
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▼ -1.20

Markets →

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