Trends - Nirmala Sitharaman - Business Recorder

Nirmala Sitharaman

India’s Modi spends billions on jobs, key allies in first budget after election

NEW DELHI: India unveiled spending of billions of dollars to create new jobs and satisfy key coalition partners in...

Published 23 Jul, 2024 05:03pm

Business & Finance

India government cuts gross market borrowings to 14.01 trillion rupees for 2024-25

MUMBAI: The Indian government has lowered its planned gross market borrowing by 120 billion rupees ($1.44 billion)...

Published 23 Jul, 2024 01:33pm

World

Congress asks Modi to tax billionaires more

NEW DELHI: India’s main opposition Congress party asked Prime Minister Narendra Modi on Friday to impose an...

Published 13 Jul, 2024 06:54am

World

India races to build power plants in region claimed by China, sources say

NEW DELHI: India plans to spend $1 billion to expedite the construction of 12 hydropower stations in the...

Published 09 Jul, 2024 07:53pm

World

Indian PM Modi’s government retains Sitharaman as finance minister

NEW DELHI: Indian Prime Minister Narendra Modi’s new coalition government on Monday appointed Nirmala Sitharaman as...

Published 10 Jun, 2024 07:52pm

World

India says it is ready to mitigate economic impact of Iran-Israel conflict

India is prepared to take adequate steps to mitigate any impact of the Iran-Israel conflict on its economy and will...

Published 18 Apr, 2024 05:40pm

World

India's GDP set to grow 8% or more in Jan-March quarter: finance minister

NEW DELHI: India’s gross domestic product (GDP) is on track to grow by 8% or more in the quarter ending March 31,...

Updated 30 Mar, 2024 08:23pm

World

India boosts infrastructure spending in pre-poll budget

NEW DELHI: India’s finance minister unveiled her last budget Thursday before general elections this year,...

Published 02 Feb, 2024 05:20am

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

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

G20 chair India says talks underway for global framework on crypto rules

MUMBAI: Discussions are underway on a global framework to regulate crypto assets, India’s finance minister said on...

Published 05 Sep, 2023 01:19pm

Business & Finance

India records strong 7.8pc growth in June quarter

NEW DELHI: India’s GDP grew by 7.8 percent in the June quarter, official figures showed Thursday, despite...

Published 04 Sep, 2023 06:21am

Technology

India gives partial relief on tax to online gaming firms

NEW DELHI: India has decided to levy taxes on online gaming companies on the total funds deposited to play online...

Published 02 Aug, 2023 08:39pm

World

India tax council to meet on Aug 2 to finalise online gaming tax

NEW DELHI: India’s Goods and Services Tax (GST) Council will meet on Aug. 2 to decide on a 28% tax on funds that...

Published 26 Jul, 2023 05:15pm

World

US working with India on platform to speed its energy transition: Yellen

GANDHINAGAR: The United States is working with India to develop an investment platform to lower the cost of capital...

Published 17 Jul, 2023 11:59am

World

G20 finance and bank chiefs to tackle debt crisis

GANDHINAGAR: G20 finance and central bank chiefs begin talks on Monday to discuss debt restructuring deals and...

Published 17 Jul, 2023 09:56am

World

Indian minister scoffs at Obama comment on protecting Muslims

NEW DELHI: India’s finance minister has derided comments by former US President Barack Obama that Prime Minister...

Published 26 Jun, 2023 12:24pm

World

India working to rein in inflation

NEW DELHI: Inflation in India is slightly above the “tolerance limit”, and the government is taking steps to...

Published 06 May, 2023 02:03pm

World

Indian govt has 54 Chinese investment proposals pending: finance minister

The Indian government has received about 54 foreign direct investment proposals from China since last year that are...

Published 27 Mar, 2023 08:06pm

World

India finance minister asks state run banks to assess risks

NEW DELHI: India finance minister has asked state-run banks to assess various financial health parameters amid...

Updated 25 Mar, 2023 09:26pm

Markets

Indian market regulator to update fin min on Adani probe this week

MUMBAI: India’s market regulator will update the finance ministry this week on its investigation into the Adani...

Published 13 Feb, 2023 09:40am

World

Indian regulators aware of concerns on Adani issue, finance minister says

NEW DELHI: Indian regulators are aware of concerns regarding the Adani Group conglomerate, the finance minister said...

Published 11 Feb, 2023 01:52pm

World

India says debt talks in focus at G20 finance meet

NEW DELHI: India wants to see international cooperation on debt relief at the forefront of discussions at a meeting...

Published 09 Feb, 2023 01:29pm

Markets

Indian shares decline as budget dents insurers

BENGALURU: Indian shares reversed earlier gains to close lower on Wednesday, led by a fall in insurance companies...

Published 02 Feb, 2023 06:12am

Markets

Yellen to travel to India, G20 summit as forum struggles with Ukraine war

WASHINGTON: US Treasury Secretary Janet Yellen will travel to India and the Group of 20 Summit in Indonesia next...

Published 04 Nov, 2022 02:16pm

World

India defers tax levy on unblended, dirtier fuel amid rising prices

NEW DELHI: India has deferred the imposition of taxes on dirtier and unblended retail fuel at a time when it is...

Published 01 Oct, 2022 01:54pm

Business & Finance

India launches first global bullion exchange

Move aimed at bringing transparency to precious metal market

Updated 30 Jul, 2022 12:06pm

World

India hikes taxes on household items amid inflation concern

NEW DELHI: India will raise taxes on certain goods and services including kitchenware to 18% from 12%, the finance...

Updated 29 Jun, 2022 07:11pm

World

Indian govt trims tax on fuel to fight inflation

NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Saturday announced a reduction of taxes on petrol and...

Published 22 May, 2022 06:03am

World

India wants to be friends with West but needs Russian help to defend borders, says Finance Minister

MUMBAI: India wants to be strong friends with the "liberal world" but it needs Russia's assistance to defend its...

Updated 23 Apr, 2022 06:10pm

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

Nirmala Sitharaman

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