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gdp

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

Opinion

Economic diplomacy is the way forward

This is the first of a two-part series detailing National Security Policy’s (NSP) foreign policy’s focus on...

Updated 25 Nov, 2024 08:03am

Editorials

Social unrest in times of economic discontent

EDITORIAL: International rating agency Moody’s has warned of the risk of social unrest in Pakistan due to the...

Updated 25 Nov, 2024 07:59am

Business & Finance

Indonesia’s Q3 current account deficit narrows to 0.6% of GDP

JAKARTA: Indonesia’s current account deficit narrowed to 0.6% of gross domestic product (GDP), or $2.2 billion, in...

Published 21 Nov, 2024 12:12pm

Opinion

Problems with IMF projections—II

The previous article had highlighted the problems with the macroeconomic projections by the IMF in the Staff Report...

Updated 19 Nov, 2024 06:59am

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

Q1 figures revised: MoF posts Rs360bn cumulative provincial surplus

ISLAMABAD: The Ministry of Finance has revised the fiscal operations’ figures for the first quarter (Q1) of the...

Updated 16 Nov, 2024 09:29am

Macro-fiscal forecasts for budget: IMF asks govt to strengthen capacity of FD

Notes that current organisation of the Finance Division is relatively fragmented and presents an obstacle to achieving a more strategic approach to budgeting

Updated 16 Nov, 2024 09:08pm

Business & Finance

Cross-border challenges widen wealth gap between Europe and US, IMF study finds

BRUSSELS: Cross border challenges are widening the gap between the output of Europeans and Americans, who have been...

Published 14 Nov, 2024 11:02am

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

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

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

MoM basis: Sept debt stocks drop Rs792bn on SBP profit

KARACHI: The federal government’s total debt stock fell sharply by Rs 792 billion in September 2024, following the...

Updated 12 Nov, 2024 02:35pm

Editorials

Nosediving tax-to-GDP ratio

EDITORIAL: It’s a bit rich of the FBR (Federal Board of Revenue) to claim an improvement in the country’s tax-to-GDP...

Published 10 Nov, 2024 02:51am

Forex reserves likely to reach $12bn mark: SBP

KARACHI: Governor of the State Bank of Pakistan (SBP), Jameel Ahmed has said that despite external debt servicing,...

Updated 09 Nov, 2024 09:05am

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

Tax-to-GDP ratio drastically down in 2023-24

IMF staff to visit Pakistan on November 11

Updated 07 Nov, 2024 03:26pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

Markets →

Budget 2024-25: income tax calculator for FY25

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