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indian economy

Indians spending less on food, more on discretionary items

MUMBAI: Indians are spending less on food, particularly staples like rice and wheat, and more on discretionary items...

Published 25 Feb, 2024 10:24am

Markets

India aims to collect $1.7bn from online gambling tax in FY25

NEW DELHI: Indian expects to collect up to 140 billion rupees ($1.7 billion) in goods and services tax (GST) next...

Published 03 Feb, 2024 03:54pm

Business & Finance

India yet to see significant improvement in debt affordability: Moody’s

MUMBAI: India has not seen significant improvement in debt affordability to justify a rethink on the country’s...

Published 01 Feb, 2024 02:47pm

Business & Finance

India plans to spend $134bn on infrastructure, narrow fiscal gap

NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Thursday unveiled plans to spend nearly $134 billion on...

Published 01 Feb, 2024 02:35pm

World

India’s Modi likely to lay out modest economic manifesto in pre-election budget

NEW DELHI: Indian Prime Minister Narendra Modi’s government will present its final budget on Thursday before...

Published 01 Feb, 2024 11:54am

World

India’s economic growth sustainable, inflation falling: govt report

NEW DELHI: India’s economy will sustain growth momentum quarter on quarter after it beat expectations in...

Published 29 Dec, 2023 10:29pm

Markets

Indian shares set to open at new record highs for third session

BENGALURU: India’s benchmark indexes are set to open at fresh record highs for the third session in a row on...

Published 06 Dec, 2023 09:39am

India to be world’s third-largest economy by 2030: S&P

BENGALURU: India will remain the fastest-growing major economy for at least the next three years, setting it on...

Published 06 Dec, 2023 04:27am

World

Indian economy to exceed growth estimates after strong Q2 beat

MUMBAI: The Indian economy is projected to grow at a 6.7% -7% rate in the fiscal year ending March 31, 2024, several...

Published 01 Dec, 2023 12:24pm

World

India’s fiscal deficit at 8.04trn rupees in April-Oct

NEW DELHI: India’s fiscal deficit for the first seven months of the financial year that started April 1 was 8.04...

Published 30 Nov, 2023 04:53pm

Business & Finance

India’s August industrial output rises at fastest pace in more than a year

NEW DELHI: India’s industrial output in August grew at the fastest pace in more than a year on the back of strong...

Published 12 Oct, 2023 05:54pm

Sports

Cricket crazy fans set to add a kicker to India’s economy as World Cup begins

MUMBAI: Match tickets selling for up to 50,000 Indian rupees ($600) a pop. Flights to get to a venue. Hotel...

Updated 06 Oct, 2023 11:54am

World

World Bank maintains India current fiscal year growth forecast at 6.3%

NEW DELHI: The World Bank on Tuesday maintained its forecast for India’s economic growth for the current fiscal year...

Published 03 Oct, 2023 12:20pm

Markets

India’s September goods and services tax receipts rise 10% y/y

MUMBAI: India’s September goods and services tax (GST) collections rose 10% from a year ago to 1.63 trillion rupees...

Published 01 Oct, 2023 05:31pm

Markets

India says rising oil prices a concern, but economic outlook ‘bright’

NEW DELHI: Rising oil prices are a concern for the Indian economy but its outlook remains bright after better...

Published 22 Sep, 2023 12:10pm

Business & Finance

India central bank says stabilising core inflation shows easing price pressures

MUMBAI: The Indian central bank sees stabilising core inflation, which excludes food and fuel prices, as a sign of...

Published 18 Sep, 2023 05:37pm

Business & Finance

India’s finance minister optimistic 10.5pc economic growth target achievable

NEW DELHI: Finance Minister Nirmala Sitharaman expressed optimism, in interview published on Friday, that India ...

Published 18 Sep, 2023 06:32am

World

India Aug factory activity hits 3-month high, but hiring slows

BENGALURU: India’s factory growth accelerated at the fastest pace in three months in August, driven by strong growth...

Published 01 Sep, 2023 10:38am

World

India’s inflation to keep steady, growth on track

Indian inflation will remain steady in coming months, despite short-term rises in the prices of certain food items,...

Published 30 Aug, 2023 11:47am

World

Inflation hurting Modi, but still likely to win India’s 2024 polls: survey

NEW DELHI: Indian voters are growing unhappy with Prime Minister Narendra Modi’s government due to high inflation...

Published 25 Aug, 2023 04:11pm

World

S&P sees Indian economy growing by average 6.7% to 2031 amid short-term challenges

NEW DELHI: S&P Global on Thursday projected the Indian economy to grow by an average annual rate of 6.7% to...

Published 03 Aug, 2023 05:57pm

World

India’s April-May fiscal deficit touches 11.8% of annual target

NEW DELHI: India’s fiscal deficit for the first two months in the financial year that started April 1 touched...

Published 30 Jun, 2023 05:06pm

Markets

Indian rupee closes down; forward premiums hover around 2023-lows

MUMBAI: The Indian rupee closed lower on Tuesday, weighed by broad strength in the U.S. dollar and associated...

Updated 30 May, 2023 03:50pm

Business & Finance

India central bank says FY23 net income up; forex gains help

MUMBAI: The Reserve Bank of India (RBI) earned 2.35 trillion rupees ($28.4 billion) in net income for the fiscal...

Published 30 May, 2023 12:12pm

Markets

Financials power Indian shares; Nifty 50 in overbought zone

BENGALURU: Indian shares advanced on Monday, led by an uptick in financials while improved global cues due to a...

Updated 29 May, 2023 03:56pm

World

India to push back against ‘agenda-driven’ global ranking firms: Modi advisor

NEW DELHI: India plans to push back against “agenda-driven”, “neo-colonial” country rankings produced by global...

Published 26 May, 2023 09:15pm

Opinion

‘Learning From Others’—III

India is under a regular five-year plan, which is based on well researched and informed decisions. Priorities there...

Updated 25 May, 2023 07:23am

Opinion

‘Learning From Others’—II

In Pakistan we do not appreciate the fact that we have lived beyond our means’ for far too long at our own peril....

Updated 24 May, 2023 06:49am

Markets

Policy barriers, bureaucracy could slow pace of investment in India: Moody’s

MUMBAI: The pace of investment in India’s manufacturing and infrastructure sectors could decrease due to slower...

Published 23 May, 2023 05:52pm

Markets

India to allow duty free imports of sunoil, soyoil until June

MUMBAI: India on Thursday clarified that duty-free imports of soyoil and sunflower oil shipped before March 31 would...

Published 11 May, 2023 01:46pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	277.85
USD PKR Interbank Buying / Oct 30	277.65
USD to Japanese Yen / Oct 30	153.03
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.29
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 30	5,813.67
India Sensex / Oct 30	79,850.58
Tokyo Nikkei / Oct 30	39,116.79
Nasdaq / Oct 30	18,607.93
Hang Seng / Oct 30	20,489.06
FTSE 100 / Oct 30	8,159.63
Dow Jones / Oct 30	42,141.54
Germany DAX 30 / Oct 30	19,257.34

Item	Value
Crude Oil USD/Barrel / Oct 30	68.95
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Gold Spot USD/Ounce / Oct 30	2,786.14
Cotton US¢/pound / Oct 30	69.88
Petrol/Litre / Oct 31	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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