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Pakistan Economy

A tax framework designed to fail

EDITORIAL: The country’s fundamentally flawed tax system has long undermined the business environment, slowed...

Published about 10 hours ago

Opinion

‘Unconstitutional’ windfall tax–I

Banks have regular windfall income from dealing in foreign currencies – oxymoronic treatment by SRO. 1588(I)/2023...

Published about 11 hours ago

SLA welcomed: PM hopes there will be no more loans

ISLAMABAD: Following the recent staff-level agreement with the International Monetary Fund (IMF), Prime Minister...

Updated about 2 hours ago

Markets

Aurangzeb says govt plans power rate cut to boost exports: report

Finance Minister Muhammad Aurangzeb has said that the government plans to lower electricity costs as part of a...

Updated about 17 hours ago

Editorials

IMF-Pakistan SLA

EDITORIAL: Exactly ten days after the end of a two-week mission on the first review of the 7 billion dollar...

Published a day ago

Business & Finance

Q2 GDP grows 1.73pc

ISLAMABAD: The country’s Gross Domestic Product (GDP) posted a growth of 1.73 percent during the 2nd quarter of...

Published a day ago

Business & Finance

Diagnostic sector appears to be transitioning towards export-based economy

KARACHI: Pakistan’s leading diagnostic industry institutions and Advisory Bodies including Lab Diagnostic system...

Published a day ago

First review of $7bn EFF, and new $1.3bn RSF arrangement: SLA reached; IMF praises performance

Government can unlock the $1.3billion under a new climate resilience loan programme spanning 28 months

Updated a day ago

Markets

IMF agreement brings relief, but economic challenges persist, say experts

Analysts believe Pakistan must remain committed to IMF programme to ensure sustainable economic growth

Updated 2 days ago

Pakistan

Aurangzeb pushes for debt relief, fair trade at Boao Forum

Finance Minister Muhammad Aurangzeb has called for reforms in international financial institutions to better address...

Updated 2 days ago

BR Research

FDI Uptick, Deeper Worries

Contrary to earlier celebratory headlines, Pakistan’s foreign direct investment (FDI) performance in FY25 remains...

Published 2 days ago

Finance Division outlook: YoY LSM slump shows underlying weaknesses

ISLAMABAD: The Finance Division has warned that the year on year (YoY) decline in Large Scale Manufacturing (LSM)...

Updated 2 days ago

Opinion

SEZs and economic development

During the decade of the 1980s a paradigm shift took place in the minds of economic policy makers; the movement in...

Updated 2 days ago

Markets

IMF reaches staff-level deal with Pakistan to unlock $1.3 billion of new cash

Lender also agrees on first review of ongoing 37-month bailout programme

Updated 2 days ago

Opinion

Vulnerable balance of payments

The figures of the external balance of payments of Pakistan have been released recently by the SBP for February 2025...

Published 25 Mar, 2025 06:33am

FY26 Budget proposals: Businesses urge govt to gradually reduce GST rate

Pakistan Business Council recommends reduction in withholding taxes for exporters to minimise impact on cash flow of their business

Updated 25 Mar, 2025 09:30am

Opinion

Poverty may trump low inflation

Inflation has come down dramatically – from 28.3 percent in January 2024 to 1.5 percent in February 2025. The...

Published 24 Mar, 2025 06:16am

Editorials

Barriers to investment in productive sectors

EDITORIAL: Pakistan’s economy direly needs investment in productive sectors in general and exports in particular ...

Published 24 Mar, 2025 06:02am

Zardari underscores need for strengthening economy

ISLAMABAD: President Asif Ali Zardari reaffirmed the national pledge to stand united against any external and...

Updated 24 Mar, 2025 03:20pm

World Bank likely to approve additional IDA credit to PRR

$70 million in additional investment financing for the Federal Board of Revenue will support its new Transformation Plan

Updated 23 Mar, 2025 10:26pm

Tax on banks’ income: PM’s economic reforms boost exchequer by Rs34.5bn

ISLAMABAD: The vacation of stay order by the Lahore High Court regarding tax on windfall income of banks resulted in...

Updated 23 Mar, 2025 10:20pm

Business & Finance

PM chairs meeting on performance of FBR

ISLAMABAD: On his return from Saudi Arabia, Prime Minister Muhammad Shehbaz Sharif Saturday chaired a meeting on the...

Published 23 Mar, 2025 05:26am

Textile exports: MoC shares work plan with Jam

ISLAMABAD: The commerce ministry has shared a short-to-medium to long-term work plan with Minister Jam Kamal Khan to...

Updated 23 Mar, 2025 09:13am

Editorials

Stagnation and reform

EDITORIAL: Pakistan’s economy remains mired in stagnation, weighed down by structural inefficiencies and policy...

Published 23 Mar, 2025 05:26am

Pakistan Day message: PM for forging unity to attain uplift

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif in his message on Pakistan Day said: This day stands as a defining...

Updated 23 Mar, 2025 09:19am

Pakistan

Climate change threatens economic sustainability, says Aurangzeb

Finance Minister Muhammad Aurangzeb on Friday termed climate change as an “existential threat” that could undermine...

Updated 21 Mar, 2025 05:21pm

Opinion

Domestic economic thought, profession, and ‘dual-track’ pricing mechanism

Although Pakistan came into existence at a time when there was a deeply renewed focus on economic thought process...

Published 21 Mar, 2025 06:50am

Opinion

Pakistan in dire need of reforms

The economic situation in Pakistan remains complex, with fluctuating growth rates, high prices of commodities, and...

Published 21 Mar, 2025 06:45am

Editorials

External assistance inflows

EDITORIAL: In its monthly report on foreign assistance inflows, the Economic Affairs Division (EAD) revealed that ...

Published 21 Mar, 2025 06:34am

KSA, Pakistan agree to boost economic ties

JEDDAH: Pakistan and Saudi Arabia on Thursday agreed to further strengthen the bilateral economic partnership...

Updated 21 Mar, 2025 09:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	280.20
USD PKR Interbank Buying / Mar 28	280
USD to Japanese Yen / Mar 28	150.83
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 27	5,693.31
Nasdaq / Mar 27	17,804.03
Dow Jones / Mar 27	42,299.70
India Sensex / Mar 28	23,448.24
Tokyo Nikkei / Mar 28	36,977.70
Hang Seng / Mar 28	77,559.63
FTSE 100 / Mar 28	8,672.68
Germany DAX 30 / Mar 28	22,600.10
France CAC40 / Mar 28	7,969.56

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 27	17,085
Gold 10 Grams PKR / Mar 27	275,205
Petrol/Litre / Mar 28	255.63
Crude Oil USD/Barrel / Mar 28	69.76
Gold Spot USD/Ounce / Mar 28	3,079.82
Diesel/Litre / Mar 28	258.64
Cotton US¢/pound / Mar 28	66.73

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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Budget 2024-25: income tax calculator for FY25

Pakistan Economy

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