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inflation

Govt aims to lower tax rates for formal sectors: MoS

ISLAMABAD: Admitting that Pakistan is amongst the countries which has the highest tax rates, Minister of State for...

Updated 20 Nov, 2024 03:17pm

World

Modi’s inflation-blowing farm pivot may not be enough to win key Indian state

SATARA: Indian Prime Minister Narendra Modi has taken several pro-farmer but inflation-stoking measures in recent...

Published 19 Nov, 2024 05:42pm

PM for accelerating action against tax defaulters

ISLAMABAD: Expressing satisfaction over the nose-diving inflation rate in the country, Prime Minister Shehbaz Sharif...

Updated 19 Nov, 2024 08:56am

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

Pakistan

JI disputes govt’s inflation reduction claim

ISLAMABAD: Jamaat-e-Islami Pakistan Ameer Hafiz Naeem-ur-Rehman has criticised the government’s recent claim of...

Published 18 Nov, 2024 02:54am

BR Research

The Fund must not behave like an accountant

It takes one to know one. The only IMF structural adjustment program ever successfully implemented by Pakistan was...

Published 15 Nov, 2024 08:32am

World

Australia’s jobs market comes off the boil, rate cuts still elusive

SYDNEY: Australia’s employment growth slowed in October after a strong run, but the jobless rate stayed low and...

Published 14 Nov, 2024 11:14am

World

Russia’s growth dips as inflation weighs on economy

MOSCOW: Russia’s growth slowed in the third quarter, official statistics published Wednesday showed, with high...

Published 14 Nov, 2024 06:33am

Peshawar: prices of essential food items show mixed trend

PESHAWAR: Mixed trend in prices of essential food commodities was witnessed in the retail market. A weekly-survey...

Updated 11 Nov, 2024 09:13am

Govt will go for privatisation of PIA again: Aurangzeb

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb, while admitting trust and credibility deficit with the...

Updated 09 Nov, 2024 07:11pm

Business & Finance

SPI inflation up by 0.24pc WoW

ISLAMABAD: The Sensitive Price Index (SPI) based inflation for the week ended November 7, 2024 increased by 0.24...

Updated 09 Nov, 2024 08:41am

Editorials

Economy on the mend

EDITORIAL: Minister of Finance Muhammad Aurangzeb while addressing the eighth edition of the “Future Summit”...

Updated 09 Nov, 2024 08:19am

‘Economic resurgence’: govt spells out its achievements

ISLAMABAD: Minister for Petroleum Musadik Masood Malik on Thursday said Pakistan was heading towards the right...

Updated 08 Nov, 2024 09:38am

Markets

Aurangzeb targets Pakistan’s credit rating improvement amid positive indicators

ECC will regularly monitor the prices of pulses and chicken, says Aurangzeb

Updated 06 Nov, 2024 06:56pm

BR Research

Consumer confidence returns gradually

Signs of stability on the macroeconomic front are slowly but surely starting to reflect in consumer confidence –...

Published 06 Nov, 2024 09:16am

Business & Finance

‘More policy rate cut needed to boost economic activity’

KARACHI: President of the Hub Chamber of Commerce and Industry, Yakoob H Karim welcomed the 250 basis points...

Published 06 Nov, 2024 06:10am

Business & Finance

NPMC reviews price stabilisation strategies

ISLAMABAD: In the month of October 2024, non-perishable food items experienced a controlled rise of 1.01 per cent as...

Updated 06 Nov, 2024 09:07am

BR Research

Policy rate cut: caution beyond this point

Doves are in control at SBP. A 250 bps rate cut has been announced, slightly exceeding market expectations. Some...

Published 05 Nov, 2024 09:11am

Opinion

Dilemmas facing downward interest rate cycle

Once again, the economist community is busy in speculating how much the policy rate will fall in the upcoming ...

Published 03 Nov, 2024 07:08am

Business & Finance

PVMA for reduction in interest rate

KARACHI: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman, Sheikh Umer Rehan, has strongly urged the...

Updated 03 Nov, 2024 09:49am

Business & Finance

KCCI urges SBP to reduce policy rate by 500bps

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has urged the State Bank...

Published 02 Nov, 2024 07:16am

Business & Finance

Oct CPI inflation jumps 7.2pc YoY

ISLAMABAD: The Consumer Price Index (CPI)-based inflation increased by 7.2 per cent on year-on-year (YoY) basis in...

Published 02 Nov, 2024 06:15am

Business & Finance

IMF cuts inflation forecast to 9.5pc: Aurangzeb

ISLAMABAD: The International Monetary Fund has lowered its inflation forecast for Pakistan for the current year by...

Published 01 Nov, 2024 06:51am

World

Donald Trump trash talks Harris as Democrat fends off ‘garbage’ fallout

GREEN BAY: Donald Trump pulled an election stunt with a garbage truck Wednesday as the White House campaign was...

Published 31 Oct, 2024 11:50am

BR Research

Oil prices: All eyes on China

Israel’s rather tepid response to the Iranian attack has considerably eased concerns of a full-blown Middle East...

Published 31 Oct, 2024 08:44am

BR Research

Steady slide: SBP’s next move awaits

The monetary policy is due on Monday (4th November). The pulse of the Chundrigar road is a 200-bps cut to a 15.5...

Published 30 Oct, 2024 09:28am

Business & Finance

World Bank expects oil glut to cause commodity price slump

WASHINGTON: Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World...

Published 30 Oct, 2024 06:32am

Business & Finance

Business leader praises govt for its efforts aimed at improving economy

KARACHI Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum...

Updated 30 Oct, 2024 06:54am

Business & Finance

Thailand inflation is too low, official says

BANGKOK: Thailand’s inflation is too low and the inflation target should be higher, Deputy Finance Minster Paopoom...

Published 29 Oct, 2024 11:25am

Economy: Aurangzeb outlines steps

Highlights upcoming reforms in the Federal Board of Revenue, aimed at boosting transparency and fostering sustainable development

Updated 28 Oct, 2024 12:33pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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Budget 2024-25: income tax calculator for FY25

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