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Economic distress

Unlocking the potential of Pakistan’s fisheries sector

Pakistan’s fisheries sector, long overshadowed by other industries, is a hidden gem waiting to be unlocked. With...

Published 21 Nov, 2024 06:59am

Opinion

Bangladesh’s textile triumph

To understand the disparities in textile exports between Pakistan and Bangladesh, it is essential to examine several...

Updated 17 Nov, 2024 06:16am

Editorials

Surcharge on fossil fuels

EDITORIAL: It’s been learnt that one of the key measures under consideration to increase the tax-to-GDP ratio, as...

Updated 17 Nov, 2024 06:07am

Editorials

Legal action against Discos?

EDITORIAL: How on earth is Nepra (National Electric Power Regulatory Authority), a public sector entity, going to...

Updated 16 Nov, 2024 08:17am

Opinion

Existential threats, and need for 10-year economic, environmental, and epidemiological plan

The federal minister for planning and development, Ahsan Iqbal, reportedly indicated that the Prime Minister will...

Updated 15 Nov, 2024 08:12am

IPPs talks and power sector: Minister to brief IMF team today

ISLAMABAD: Power Division’s team led by Minister for Power, Sardar Awais Ahmad Khan Leghari is to give a detailed...

Updated 15 Nov, 2024 02:55pm

Opinion

No surprise in the surprise visit

The only surprise in the IMF team’s surprise visit to Pakistan this week was that it took the trouble to jolt the...

Updated 14 Nov, 2024 07:15am

IMF briefed about recovery plan, local debt

ISLAMABAD: The Finance Division on Wednesday apprised the International Monetary Fund (IMF) on debt, external...

Updated 14 Nov, 2024 09:22am

Editorials

An initial audit by IMF?

EDITORIAL: Confirmed reports suggest that the visiting International Monetary Fund (IMF) mission met Finance...

Updated 14 Nov, 2024 07:08am

Opinion

Retaining export competitiveness through traceability

Traceability has become essential in the modern textile supply chain as buyers increasingly demand transparency,...

Published 13 Nov, 2024 07:25am

Opinion

Tobacco taxes – treaties, tensions, and trends

Pakistan faces a pressing need for a sustainable tobacco taxation policy, particularly as tobacco use imposes severe...

Published 13 Nov, 2024 07:15am

Editorials

IMF mission in town

EDITORIAL: The schedule of reviews shared in the staff-level agreement report uploaded on the International Monetary...

Published 13 Nov, 2024 07:07am

Editorials

Disturbing revelations

EDITORIAL: Of all the things Finance Minister Muhammad Aurangzeb mentioned at the Islamabad literature festival the...

Published 13 Nov, 2024 07:00am

Editorials

The right candidate for the right job

EDITORIAL: Remittances hit a four-month-high, as per State Bank of Pakistan (SBP) website, of 3.05 billion dollars...

Published 12 Nov, 2024 07:03am

Opinion

Problem with IMF projections

An IMF delegation has probably arrived in Pakistan to conduct a ‘stock-taking’ as indicated by the Finance...

Updated 12 Nov, 2024 07:29am

Opinion

Disconnecting captive power: balancing between costs and efficiency

The more one writes about Pakistan’s energy sector mess, the less it seems to cover. The latest issue involves the...

Updated 11 Nov, 2024 07:21am

Editorials

IPPs: even-handed govt approach?

EDITORIAL: During a briefing to the Senate Standing Committee on Power, the co-chair of the Energy Task Force stated...

Updated 11 Nov, 2024 07:13am

Business & Finance

‘Need to restore confidence of local, foreign investors’

KARACHI: Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Aman ...

Published 09 Nov, 2024 07:39am

Govt will go for privatisation of PIA again: Aurangzeb

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb, while admitting trust and credibility deficit with the...

Updated 09 Nov, 2024 07:11pm

Tax exemptions in FY24 amounted to Rs3.8trn: FBR

Report by FBR shows Income Tax expenditure was Rs 476.96 billion (6.66 percent of FBR’s collection, 12.30 percent of total expenditure and 0.57 percent of GDP)

Updated 08 Nov, 2024 09:58am

Editorials

PIA sell-off fiasco

EDITORIAL: Halloween, thirty-first October, a day celebrated for horror and associated with the macabre, cast its...

Updated 07 Nov, 2024 06:42am

Opinion

‘Fiscal outcome in the first quarter’

This is apropos a Business Recorder op-ed “Fiscal outcome in the first quarter” carried by the newspaper...

Published 06 Nov, 2024 07:00am

Business & Finance

Govt urged to ‘revive’ PIA privatisation process

LAHORE: Former Caretaker Federal Minister for Commerce and Chairman of the FPCCI Pakistan Economic Revival and ...

Published 03 Nov, 2024 07:44am

Opinion

Dilemmas facing downward interest rate cycle

Once again, the economist community is busy in speculating how much the policy rate will fall in the upcoming ...

Published 03 Nov, 2024 07:08am

Business & Finance

ICCI blame inconsistent economic policies for industry closure

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI), Friday, blaming inconsistent economic policies for...

Published 02 Nov, 2024 07:21am

Business & Finance

Pakistan, MENA region: Economies face fragile recovery, says IMF

ISLAMABAD: Economies in the Middle East and North Africa (MENA) region and Pakistan face a fragile recovery amid...

Published 02 Nov, 2024 06:15am

Business & Finance

Jul-Oct exports up 13.45pc to $10.88bn YoY

ISLAMABAD: The country’s exports increased by 13.45 per cent during the first four months (July-October) of ...

Published 02 Nov, 2024 06:15am

Business & Finance

1.4pc of GDP: Q1 ends with Rs1.696trn budget balance

ISLAMABAD: The government closed first quarter of current fiscal year 2024-25 with overall budget balance of Rs1.696...

Published 01 Nov, 2024 06:51am

Business & Finance

IMF cuts inflation forecast to 9.5pc: Aurangzeb

ISLAMABAD: The International Monetary Fund has lowered its inflation forecast for Pakistan for the current year by...

Published 01 Nov, 2024 06:51am

Business & Finance

PBIF chief seeks strengthening of rupee

KARACHI: President, Pakistan Business Forum (PBF) Khawaja Mehboob ur Rehman urged the Finance Minister Muhammad...

Published 31 Oct, 2024 06:18am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 20	278.13
USD PKR Interbank Buying / Nov 20	277.93
USD to Japanese Yen / Nov 20	154.96
USD to Swiss Franc / Nov 20	0.88
Pound Sterling to USD / Nov 20	1.27
Euro to USD / Nov 20	1.06

Stock	Volume
S&P 500 / Nov 20	5,917.11
India Sensex / Nov 20	77,578.38
Tokyo Nikkei / Nov 20	38,072.42
Nasdaq / Nov 20	18,966.14
Hang Seng / Nov 20	19,668.80
FTSE 100 / Nov 20	8,085.07
Dow Jones / Nov 20	43,408.47
Germany DAX 30 / Nov 20	19,004.78

Item	Value
Crude Oil USD/Barrel / Nov 20	68.87
Karachi Cotton PKR/37.32 KG / Nov 20	17,885
Gold 10 Grams PKR / Nov 20	238,940
Gold Spot USD/Ounce / Nov 20	2,655.46
Cotton US¢/pound / Nov 20	70.41
Petrol/Litre / Nov 21	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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Budget 2024-25: income tax calculator for FY25

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