Trends - Industry - Business Recorder

Industry

Trade, industry and energy: Pakistan, Russia agree to pursue robust dialogue

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif and Prime Minister of Russian Federation, Mikhail Mishustin on...

Updated 17 Oct, 2024 03:34pm

Opinion

When trust goes down…

Business goes down. Stock market goes down. Growth goes down. These are the hot news ingredients that become...

Updated 16 Oct, 2024 08:39am

Business & Finance

Sindh Assembly told: Power ‘crisis’ severely impacting industry

KARACHI: In a Sindh Assembly session on Monday, a parliamentary secretary admitted that the present electricity...

Published 24 Sep, 2024 03:28am

Business & Finance

Fauji Foundation wants to acquire controlling stake in Agha Steel Industries

Fauji Foundation, one of the largest conglomerates in Pakistan, has expressed its intention to acquire shares and...

Updated 29 Aug, 2024 09:15pm

Pakistan

UET, FF Steel sign MoU to promote research culture in industry

PESHAWAR: The University of Engineering and Technology (UET), Peshawar's Department of Mechanical Engineering and...

Published 25 Jul, 2024 06:24am

Engine capacity to invoice base value: Punjab govt shifts token tax regime

LAHORE: In line with the federal government, the Punjab government has also shifted token tax regime from engine...

Updated 14 Jun, 2024 09:21am

Business & Finance

‘IT industry’s budgetary proposals completely overlooked’

ISLAMABAD: The information technology industry’s budgetary proposals were completely overlooked, despite repeated...

Published 14 Jun, 2024 06:31am

Business & Finance

Agri think tank lauds direct, indirect initiatives spelled out in budget

LAHORE: Agriculture Republic, an agricultural think tank, has welcomed various direct and indirect initiatives...

Published 13 Jun, 2024 07:29am

Pakistan

Coal, gypsum and plastic waste: 80pc GST withholding rate on supplies proposed

ISLAMABAD: The Finance Bill 2024 has proposed a sales tax withholding rate of 80 percent on supplies of coal,...

Published 13 Jun, 2024 03:32am

Technology

Budget 2024-25: IT sector unhappy with proposals

Current budget does not show promise that has repeatedly been made by the government, say professionals

Updated 13 Jun, 2024 02:11am

Technology

Budget proposals 2024-25: telecom sector in a fix

The latest budget proposals in Pakistan have raised concerns in the telecommunications sector. The government’s...

Published 13 Jun, 2024 12:39am

Business & Finance

Budget 2024-25: govt shifts to price-based car taxation, end of concessions for imported hybrids

The Pakistani government announced a shift in car taxation policy as part of its latest budget 2024-25 proposals....

Published 12 Jun, 2024 10:52pm

Business & Finance

Expert and industry views on rate cut

KARACHI: Central bank cut its key interest rate by 150 basis points on Monday in a widely expected move, marking its...

Updated 11 Jun, 2024 08:39am

Pakistan

Experts advocate use of AI solutions to enhance productivity

KARACHI: Experts urged industry and academia to adopt the modern and latest tools and solutions of artificial...

Published 31 May, 2024 06:58am

Warehouses, logistics: industry status announced

ISLAMABAD: Representatives of chambers of commerce and industry and various industrial and business associations...

Updated 31 May, 2024 08:38am

Pakistan

Agri, industries perform: Pakistan posts 2.09% growth in Q3FY24, says NAC

Revises Q1 and Q2 estimates upwards to 2.71% and 1.79%, respectively
Targets GDP growth of 2.4% in FY24

Updated 21 May, 2024 10:07pm

Pakistan

Food security: Minister seeks academia, industry’s help

FAISALABAD: Provincial Agriculture Minister Syed Muhammad Ashiq Hussain Shah on Thursday said that academia,...

Published 10 May, 2024 04:17am

LlVE system implemented to deal with challenge of mis-invoicing

ISLAMABAD: In order to create a conducive environment for trade and industry, the Directorate of Valuation, Karachi,...

Updated 20 Apr, 2024 03:26pm

Pakistan

Current crisis: Experts for increased collaboration among govt, industry, academia

LAHORE: Distinguished experts convened at the 9th Invention to Innovation Summit emphasized the crucial need for...

Published 28 Feb, 2024 06:10am

Industry and investors: Dispute resolution tribunal to be set up

ISLAMABAD: The government has decided to establish a specialised tribunal to resolve disputes expeditiously between...

Updated 13 Dec, 2023 09:22am

Pakistan

TEVTA chief calls to bridge gap with industry

LAHORE: Chairman TEVTA Brig. Muhammad Sajid Khokhar, SI (M) (retd) has stressed the need to bridge the gap between...

Published 16 Nov, 2023 05:39am

BR Research

Cement: All set up

In 2024, the government has budgeted a sizable federal Public Sector Development Programme (PSDP) which it intends...

Published 26 Jun, 2023 09:09am

Business & Finance

Expert and industry views on federal budget

KARACHI: Pakistan presented its federal budget for the next fiscal year, one of four measures the International...

Published 10 Jun, 2023 05:01am

Opinion

‘Learning From Others’–I

This writer has borrowed the title for his article from the autobiography of Syed Babar Ali titled ‘Learning From...

Updated 23 May, 2023 06:47am

Business & Finance

FPCCI BMP urges govt to sharpen focus on economic agenda

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has asked the...

Published 15 May, 2023 06:41am

Supply of Thar coal to industry: Tax amendments on the cards

ISLAMABAD: Prime Minister Office (PMO) has directed Federal Board of Revenue (FBR) to alter/ amend Income Tax...

Updated 17 Apr, 2023 08:48am

Business & Finance

Trade, industry reject increase in policy rate

KARACHI: President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has...

Published 05 Apr, 2023 06:16am

Business & Finance

Industrial, commercial bodies hold rally against govt policies

FAISALABAD: The heads and representatives of industrial and commercial organizations rejected these policies due to...

Published 09 Mar, 2023 06:23am

BR Research

Hankering for easier times

Low demand amid rising prices, and now a shortage of raw materials and inputs—story of every industry. But weak...

Published 24 Jan, 2023 09:46am

Pakistan

Linkages between industry, academia stressed

FAISALABAD: Former ambassador and President Institute of Regional Studies Nadeem Riyaz said that there is a need to...

Published 02 Dec, 2022 05:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Industry

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