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gdp

IMF trims growth projection to 3pc

ISLAMABAD: The International Monetary Fund (IMF) has revised downward GDP growth rate projection for Pakistan to...

Updated 18 Jan, 2025 03:10pm

Pakistan

Adoption of orbital satellites proposed

ISLAMABAD: Jahanzeb Rahim, Member Telecom, Ministry of Information Technology and Telecommunication proposed the...

Published 09 Jan, 2025 06:19am

Editorials

Inflation expectations

EDITORIAL: The governor State Bank of Pakistan (SBP), Jameel Ahmed, while briefing the Senate Standing Committee on...

Updated 08 Jan, 2025 08:09am

World

Scholz rejects drastic rise in German defence spending

BERLIN: German Chancellor Olaf Scholz on Tuesday rebuffed a proposal to almost double the defence budget, seeking to...

Published 07 Jan, 2025 05:07pm

Business & Finance

ICMAP releases ‘Economic Outlook’, proposes key priority actions

KARACHI: The Research and Publications Department of the Institute of Cost and Management Accountants of Pakistan...

Updated 07 Jan, 2025 08:48am

Opinion

Review of the IMF programme

This is the appropriate time to review progress on implementation of the reforms committed to the IMF in the new IMF...

Updated 07 Jan, 2025 07:22am

Base effect, likely energy price hike: Inflation likely to surge in H2FY25

ISLAMABAD: Inflation has come down sharply, but is expected to remain volatile and increase in the remaining two...

Updated 07 Jan, 2025 03:25pm

Business & Finance

Vietnam’s 2024 GDP growth quickens to 7.09%

HANOI: Vietnam’s gross domestic product grew 7.09% last year, greater than the 5.05% expansion in 2023, driven by...

Published 06 Jan, 2025 11:39am

Opinion

Poverty statistics are critical

In Pakistan administration after administration errs on the side of data manipulation to show better performance ...

Updated 06 Jan, 2025 06:47am

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

Editorials

‘Uraan Pakistan’ – time to act

EDITORIAL: The government’s five-year economic transformation plan, ‘Uraan Pakistan’, unveiled at the cusp of...

Updated 04 Jan, 2025 08:18am

Business & Finance

Indonesia says 2024 budget deficit lower than 2.7% of GDP estimate

JAKARTA: Indonesia’s budget deficit for the 2024 fiscal year came in below the government’s most recent estimate of...

Published 02 Jan, 2025 10:50am

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

Business & Finance

3pc GDP growth, reduction in inflation & policy rates projected

ISLAMABAD: The Sustainable Development Policy Institute (SDPI), while appreciating the country’s economic progress...

Published 31 Dec, 2024 06:32am

Business & Finance

Q1FY25: NAC approves 0.92pc growth rate

ISLAMABAD: The National Accounts Committee (NAC) has approved growth rate of 0.92 percent for 1st quarter of fiscal...

Published 31 Dec, 2024 06:32am

Pakistan

Pakistan’s GDP grows 0.92% in July-Sept, 2.5% in FY24

Growth in agriculture, industry and services stood at 1.15%, -1.03% and 1.43% respectively, in Q1 FY25

Updated 30 Dec, 2024 11:25pm

World

China revises up 2023 GDP, sees little impact on 2024 growth

BEIJING: China revised upwards on Thursday the size of its economy by 2.7%, but said the change would have little...

Published 27 Dec, 2024 06:27am

Business & Finance

Crucial role of livestock in economy highlighted

ISLAMABAD: Federal Minister for National Food Security and Research (MNFSR) Rana Tanveer Hussain highlighted the...

Published 25 Dec, 2024 07:44am

Editorials

A fragile economy

EDITORIAL: Dr Hafiz Pasha while speaking in an Aaj Television programme expressed serious reservations over ...

Published 24 Dec, 2024 06:53am

Positive GDP growth rate unlikely?

Dr Hafeez Pasha says this is due to negative growth in the large-scale manufacturing industries and a decline in major agriculture crops

Updated 23 Dec, 2024 10:51am

Editorials

MPS: further cut in key interest rate

EDITORIAL: The Monetary Policy Committee (MPC) reduced the policy rate by 200 basis points to 13 percent during...

Published 18 Dec, 2024 07:11am

Business & Finance

Nov CA surplus hits 10-year peak

KARACHI: Pakistan’s current account recorded a 10-year high monthly surplus of $729 million in November 2024,...

Published 18 Dec, 2024 06:37am

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

Business & Finance

Post-harvest losses in country up to 40pc, says ADB

ISLAMABAD: Post-harvest losses in Pakistan are estimated at 20 to 40 percent for various crops, due to lack of...

Published 10 Dec, 2024 08:20am

Business & Finance

Japan revises Q3 GDP higher, keeps alive BOJ rate-hike expectations

TOKYO: Japan’s economy expanded in July-September at a faster pace than initially reported thanks to upward...

Published 09 Dec, 2024 10:11am

Business & Finance

Maritime operations generate only 0.5% of Pakistan’s GDP, says Qaiser Ahmed

Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh said on Saturday that Pakistan is earning a meager 0.5% of...

Updated 08 Dec, 2024 09:37pm

Business & Finance

Saudi Arabia’s GDP grows by 2.8% in third quarter

Saudi Arabia’s economy grew 2.8% in the third quarter from the same period a year earlier, supported by an increase...

Published 08 Dec, 2024 12:27pm

Opinion

Falling industrial production

The statistics on the Quantum Index of Manufacturing (QIM) has been released recently for the first quarter of...

Updated 03 Dec, 2024 06:30am

World

Japan PM says will have ‘frank discussions’ with Trump

TOKYO: Japan’s prime minister said Friday he will have “frank discussions” with US president-elect Donald Trump,...

Published 29 Nov, 2024 12:03pm

Opinion

Stabilisation without growth: ventilators are not for recovery

No doubt, macroeconomic indicators are improving. The current account is stable, with a surplus expected in FY25....

Updated 25 Nov, 2024 08:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Petrol/Litre / Jan 23	256.13
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Diesel/Litre / Jan 23	260.95

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

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