Trends - Economic growth - Business Recorder

Economic growth

Neoliberalism, IMF’s exceptional financing & recidivist behaviour of programme countries—I

Traditionally, Pakistan has been infamously called a ‘one-tranche’ country, which although is correct in the context...

Updated 17 Jan, 2025 03:41pm

Life & Style

Lahore Shopping Festival 2025 begins from 31st

LAHORE: Mega event “Lahore Shopping Festival 2025” is set to take place from January 31st to February 2nd at the...

Published 17 Jan, 2025 02:56am

Opinion

Unlocking Pakistan’s potential: a critical exploration of development challenges

Why has Pakistan struggled to achieve sustainable long-term economic growth despite its vast potential? Development...

Published 16 Jan, 2025 03:04am

Technology

‘AI implementation plan’ discussed threadbare

ISLAMABAD: Ministry of Planning, Development, and Special Initiatives, Tuesday, held a meeting of the National AI...

Published 15 Jan, 2025 02:59am

Shaping economies: Aurangzeb highlights transformative power of innovation

HONG KONG: Senator Muhammad Aurangzeb, the Finance Minister of Pakistan, participated in the plenary session...

Updated 14 Jan, 2025 09:33am

Opinion

Politics and economics

This is the first of a two-part series focusing on the symbiotic relationship between politics and economics, with...

Published 13 Jan, 2025 03:06am

Business & Finance

Have to convert stability into sustainable growth, says PM

KARACHI: Prime Minister Shehbaz Sharif, vowing to take forward the agenda of economic stabilization and reforms, on...

Updated 09 Jan, 2025 09:04am

Business & Finance

ICMA releases roadmap to revitalise industrial sector

LAHORE: The Institute of Certified Management Accountants (ICMA) has released a comprehensive roadmap to revitalize...

Published 09 Jan, 2025 06:19am

BR Research

Is Udaan the charter of economy we need?

Pakistan’s poor economic performance over the past three decades is frequently attributed to a lack of policy...

Published 07 Jan, 2025 07:48am

Exim Bank’s revival top priority: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said that revival of Export and...

Updated 07 Jan, 2025 03:25pm

Uraan Pakistan to lead country towards progress: Ahsan

NAROWAL: Minister for Planning and Development Ahsan Iqbal says ‘Uraan Pakistan’ Program will lead the country...

Updated 06 Jan, 2025 09:06am

Business & Finance

‘Uraan Pakistan’ a journey to $3trn economy by 2047: minister

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that “Uraan...

Published 04 Jan, 2025 06:30am

Opinion

Need for much improved ‘Uraan Pakistan’ plan

Ministry of Planning, Development, and Special Initiatives (or simply ‘Planning Ministry’) recently launched...

Published 03 Jan, 2025 06:49am

Opinion

Shaping the agric landscape through ICT-driven value chain management

Agriculture remains a cornerstone of Pakistan’s economy, contributing approximately 22.9 percent to the nation’s...

Updated 02 Jan, 2025 08:19am

BR Research

Stability not translating into growth

The GDP provisionally grew by a meager 0.92 percent in the 1QFY25. The figures have a flavor of Dar’s recipe where...

Published 01 Jan, 2025 08:55am

Economic revival efforts: UBL arranges $300m loan via UAE, Bahrain branches

KARACHI: United Bank Limited (UBL), through its UAE and Bahrain branches, has successfully arranged and financed a...

Updated 31 Dec, 2024 03:21pm

Aurangzeb vows to overhaul tax machinery

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb has reiterated the government’s...

Updated 21 Dec, 2024 02:47pm

Interest rate cut to help stimulate economic growth: PM

Says reduction in interest rate to encourage businesses and investors

Updated 18 Dec, 2024 05:20pm

Business & Finance

FPCCI for further reducing policy rate to support economic growth

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman and Vice Zaki Aijaz...

Published 15 Dec, 2024 02:50am

Govt envisages increasing IT sector exports to $4.2bn

ISLAMABAD: Amid admission that a substantial portion of IT exports revenue remains un-remitted, the government...

Updated 14 Dec, 2024 06:00pm

Opinion

Pakistan’s economic outlook 2025: inflation, growth, & debt

Among macroeconomic indicators, primarily inflation has come down drastically over recent months, whereby consumer...

Updated 13 Dec, 2024 03:41pm

Business & Finance

There’s improvement in overall business confidence: OICCI

KARACHI: Better economic growth, improvement in exchange rate and decline in inflation have contributed to the...

Published 12 Dec, 2024 07:15am

ADB projects GDP growth at 3pc, inflation at 10pc

ISLAMABAD: Pakistan’s GDP growth in fiscal year 2025 is projected at three percent, revised upwards from 2.8...

Updated 12 Dec, 2024 09:04am

Opinion

Need for institutional reforms

Pakistan’s economy has started showing positive signs of recovery and resilience after years of grappling with...

Updated 06 Dec, 2024 08:09am

Technology

‘Google strengthens commitment to digital economy, online safety’

ISLAMABAD: Kyle Gardner, Google’s Government Affairs and Public Policy Lead for South Asia, met with Fahd Haroon,...

Published 04 Dec, 2024 03:14am

Business & Finance

Economic growth: SBP official delineates Islamic finance framework

KARACHI: Samar Hasnain, Executive Director, State Bank of Pakistan (SBP) has said Islamic economic and finance is a...

Published 28 Nov, 2024 05:45am

Opinion

Banking malpractice: penalising depositors and undermining economic growth

The recent decision by several banks in Pakistan to levy fees on high-value deposits has sparked nationwide debate...

Published 27 Nov, 2024 07:13am

Standardising financial regimes: Aurangzeb highlights importance

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with a delegation of...

Updated 27 Nov, 2024 09:21am

Editorials

The economic cost of political unrest

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb has claimed that protests cost the country 190 billion rupees...

Updated 27 Nov, 2024 07:42am

Business & Finance

Economic stability in Punjab critical to national economic growth: LCCI

LAHORE: The President of the Lahore Chamber of Commerce and Industry Mian Abuzar Shad has said that Punjab’s...

Published 23 Nov, 2024 06:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 20	278.70
USD PKR Interbank Buying / Jan 20	278.50
USD to Japanese Yen / Jan 20	156.03
USD to Swiss Franc / Jan 20	0.91
Pound Sterling to USD / Jan 20	1.22
Euro to USD / Jan 20	1.03

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 20	77,231.09
Tokyo Nikkei / Jan 20	38,932.72
Hang Seng / Jan 20	19,990.17
FTSE 100 / Jan 20	8,532.51
Germany DAX 30 / Jan 20	20,903.07

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Petrol/Litre / Jan 20	256.13
Crude Oil USD/Barrel / Jan 20	77.94
Gold Spot USD/Ounce / Jan 20	2,707.81
Diesel/Litre / Jan 20	260.95

Gainers
Losers
Leaders

Stock	Price
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	3.61 ▲ 0.91 (33.70%)
Burj Clean Energy Modaraba / Jan 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.60 ▲ 1.00 (13.16%)
Apna Microfin. / Jan 20 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
I.C.C. Ind. / Jan 20 ICC Industries Limited(ICCI)	11.61 ▲ 1.06 (10.05%)
Loads Limited / Jan 20 Loads Limited(LOADS)	17 ▲ 1.55 (10.03%)
AKD Securities / Jan 20 AKD Securities Limited(AKDSL)	24.93 ▲ 2.27 (10.02%)
Ghani Chem. Ind. / Jan 20 Ghani Chemical Industries Limited(GCIL)	18.24 ▲ 1.66 (10.01%)
Attock Cement / Jan 20 Attock Cement Pakistan Limited(ACPL)	254.47 ▲ 23.13 (10.00%)
Baba Farid Sugar / Jan 20 Baba Farid Sugar Mills Limited(BAFS)	53.44 ▲ 4.86 (10.00%)

Stock	Price
Hussain Industries / Jan 20 Husein Industries Limited(HUSI)	31.09 ▼ -3.45 (-9.99%)
Faisal Sp. / Jan 20 Faisal Spinning Mills Limited(FASM)	334.01 ▼ -35.89 (-9.70%)
Parmount Sp. / Jan 20 Paramount Spinning Mills Limited(PASM)	4.61 ▼ -0.44 (-8.71%)
Sindh Abadgar / Jan 20 Sindh Abadgar's Sugar Mills Limited(SASML)	38.04 ▼ -3.46 (-8.34%)
MithchellsFruit / Jan 20 Mitchells Fruit Farms Limited(MFFL)	279 ▼ -24.10 (-7.95%)
LSE Financial Serv. / Jan 20 LSE Financial Services Limited(LSEFSL)	19.26 ▼ -1.62 (-7.76%)
AN Textile Mill / Jan 20 AN Textile Mills Limited(ANTM)	11.80 ▼ -0.99 (-7.74%)
Service Textile / Jan 20 Service Industries Textiles Limited(SERT)	13.82 ▼ -1.16 (-7.74%)
Masood Textile / Jan 20 Masood Textile Mills Limited(MSOT)	52.02 ▼ -4.22 (-7.50%)

Stock	Volume
WorldCall Telecom / Jan 20 Worldcall Telecom Limited(WTL)	101,934,297 ▼ -0.01
Lotte Chemical / Jan 20 Lotte Chemical Pakistan Limited(LOTCHEM)	59,408,954 ▲ 1.94
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	57,604,421 ▲ 0.91
Hub Power Co. / Jan 20 The Hub Power Company Limited(HUBC)	36,888,747 ▲ 0.70
Hascol Petrol / Jan 20 Hascol Petroleum Limited(HASCOL)	32,496,536 ▲ 0.17
Dewan Motors / Jan 20 Dewan Farooque Motors Limited(DFML)	28,438,701 ▲ 1.02
Citi Pharma Ltd / Jan 20 Citi Pharma Ltd.(CPHL)	24,244,731 ▲ 7.71
Maple Leaf Cement / Jan 20 Maple Leaf Cement Factory Limited(MLCF)	19,741,577 ▲ 2.08
The Searle Co. / Jan 20 The Searle Company Limited(SEARL)	17,062,686 ▲ 4.29

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