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Published 29 May, 2024 06:05am

Discos’ privatisation: Shehbaz for speeding up process

ISLAMABAD: Prime Minister Shehbaz Sharif has instructed the authorities concerned to speed up the process of...

Beijing asks Islamabad to launch another ‘Zarb-e-Azb’

Published 29 May, 2024 06:05am

MoC to resist PSMA’s ‘unsound’ export plan

Published 29 May, 2024 06:05am

Anti-theft drive flops: GEPCO, energy dept at loggerheads

Published 29 May, 2024 06:05am

FBR’s e-portal has no direct linkage with govt’s withholding agent

Published 29 May, 2024 06:05am

FBR plans to collect Rs1.296trn thru duties

Published 29 May, 2024 06:05am

PM for preparing new cooperation projects with China

Published 29 May, 2024 06:05am

Gender finance gap: SECP unveils policy framework for ‘WEFP’

Updated 29 May, 2024 07:27am

Nawaz elected PML-N president

Updated 29 May, 2024 07:29am

France lawmaker suspended for waving Palestinian flag

Updated 29 May, 2024 07:25am

India’s Reliance to buy Russian oil in roubles

Updated 29 May, 2024 07:30am

Must Read

Editorials

A bleak investment outlook

Opinion

Auto industry

Opinion

SIFC—a better role

Opinion

Why Discos’ privatisation can never happen

Editorials

Phenomenal rise in domestic borrowing

Opinion

Big financing risks

Life & Style

Gold rush in Dubai continues to attract all nationalities including Pakistanis

Pakistan

Pakistan ranked 101st out of 119 in WEF’s Travel and Tourism Development Index

Opinion

Budget 2024-25: expectations

Opinion

External-internal conundrums

Editorials

IMF programme: there is need for design audit

Calculate your monthly liability in FY24

Youm-e-Takbeer: PM Shehbaz announces public holiday on May 28

NJLI Sarmaya Growth Fund Rates

Major changes in tax laws expected through Finance Bill 2024

FBR to replace WeBOC with new digital system

Farmers propose ‘fixed tax regime’ for agri sector

‘NAB ends probes’: NCPL demands PD pay Rs8.35bn withheld amount

Tackling the solar storm

Budget 2024-25: expectations

All set to dispatch high-level trade team to Iran

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	156.89
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.09

Stock	Volume
S&P 500 / May 27	5304.72
Nasdaq / May 27	16920.79
Dow Jones / May 27	39069.59
India Sensex / May 28	75437.68
Tokyo Nikkei / May 28	38855.37
Hang Seng / May 28	18837.33
FTSE 100 / May 28	8306.71
Germany DAX 30 / May 28	18823.58

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	78.74
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2343.50
Cotton US¢/pound / May 28	80.76
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	156.89
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.09

Stock	Volume
S&P 500 / May 27	5304.72
Nasdaq / May 27	16920.79
Dow Jones / May 27	39069.59
India Sensex / May 28	75437.68
Tokyo Nikkei / May 28	38855.37
Hang Seng / May 28	18837.33
FTSE 100 / May 28	8306.71
Germany DAX 30 / May 28	18823.58

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	78.74
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2343.50
Cotton US¢/pound / May 28	80.76
Petrol/Litre / May 29	273.10

Youm-e-Takbeer: PM Shehbaz announces public holiday on May 28

NJLI Sarmaya Growth Fund Rates

Major changes in tax laws expected through Finance Bill 2024

FBR to replace WeBOC with new digital system

Farmers propose ‘fixed tax regime’ for agri sector

‘NAB ends probes’: NCPL demands PD pay Rs8.35bn withheld amount

Tackling the solar storm

Budget 2024-25: expectations

All set to dispatch high-level trade team to Iran

Business & Finance

Industry

Jam tells APTMA: Steps being devised to promote export-oriented industries

LAHORE: Federal Commerce Minister Jam Kamal Khan has assured All Pakistan Textile Mills Association and (APTMA) of... Published 29 May, 2024 06:05am

BR Research

Honda floating

Looking at the financial statement of Honda Atlas Cars (PSX: HCAR), one wonders, how did the company manage to raise...

Published 29 May, 2024 06:37am

2024-05-29-12-04

Aleem holds meetings in Tajikistan to increase bilateral trade

ISLAMABAD: Federal Minister of Investment Board, Privatisation and Communications Abdul Aleem Khan, during his visit... Published 29 May, 2024 06:05am

2024-05-29-12-47

‘Upcoming budget should be people-friendly’

KARACHI: There is a need to make the budget 2024-25 people-friendly, said economic expert and Pasban Democratic ... Published 29 May, 2024 06:05am

BR Research

Case for coffee

Pakistan is a tea-drinking nation, no doubt. But with changing demographics, slowly but surely, coffee penetration...

Published 29 May, 2024 06:32am

2024-05-29-12-19

Customs values on import of welding electrodes revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of welding... Published 29 May, 2024 06:05am

2024-05-29-12-04

FBR imposes penalty of ‘Compulsory Retirement’ upon IRO

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a major penalty of “Compulsory Retirement” upon an... Published 29 May, 2024 06:05am

Taxes

Experts suggest 40pc raise in tobacco taxes

ISLAMABAD: Health experts have strongly proposed the Federal Board of Revenue (FBR) to raise taxes on all kinds of... Published 29 May, 2024 06:05am

Industry

CBD Punjab partners with Odoo ME

LAHORE: The Punjab Central Business District Development Authority (PCBDDA) joined hands with Odoo Middle East DMCC,... Published 29 May, 2024 06:05am

2024-05-29-12-04

FTO issues instructions to FBR: Field formations should not demand individual CPRs from taxpayers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) that the field formations... Published 29 May, 2024 06:05am

BR Research

Hi-Tech Lubricants Limited

Hi-Tech Lubricants Limited (PSX: HTL) is incorporated in Pakistan as a public limited company. The company is...

Published 29 May, 2024 06:27am

BR Research

Tackling the solar storm

The rooftop solar penetration is increasing at a rapid pace due to falling prices for solar plates as well as...

Published 27 May, 2024 08:51am

BR Research

An interview with Fabio Ricci of FederUnacoma Italian Agricultural Machinery Manufacturers Association

Pakistan’s private sector can team up with Italian industry to provide the latest farm technology on a rental basis...

Published 27 May, 2024 08:46am

BR Research

IT exports 10MFY24

IT exports have been witnessing a recovery over the past 5 months of FY24. Total IT exports for 9MFY24 stood at...

Published 24 May, 2024 08:58am

Pakistan

2024-05-29-02-30

Palestine as state: PM welcomes Spain’s recognition

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday welcomed the announcement by Spanish Prime Minister Pedro ... Published 29 May, 2024 06:05am

2024-05-29-02-30

Nawaz greeted over being elected PML-N president

ISLAMABAD: Speaker National Assembly of Pakistan Sardar Ayaz Sadiq has extended warm felicitation to Mian Muhammad... Published 29 May, 2024 06:05am

2024-05-29-02-30

Margalla Hills fire: Naqvi orders registration of case

ISLAMABAD: Interior Minister Mohsin Naqvi on Tuesday took notice of the fires in Margalla Hills and ordered... Published 29 May, 2024 06:05am

2024-05-29-12-04

Bhutto was the architect of N-technology: Sharjeel

KARACHI: Sindh Senior Minister and Provincial Minister for Information, Transport, Excise, Taxation, and Narcotics... Published 29 May, 2024 06:05am

2024-05-29-12-19

Al-Qadir Trust case: NAB raids Bahria Town’s office

ISLAMABAD: The National Accountability Bureau (NAB) has conducted a raid on the office of property tycoon Malik... Published 29 May, 2024 06:05am

2024-05-29-12-19

Coalition govt working day in, day out to overcome challenges: PM

LAHORE: Prime Minister Shehbaz Sharif said on Tuesday that Pakistan is destined to come out of prevailing situation... Published 29 May, 2024 06:05am

World

2024-05-29-12-22

Donors vow $5.4bn for Syrian refugees

BRUSSELS (Belgium): International donors led by the EU on Monday pledged five billion euros ($5.4 billion) for ... Published 29 May, 2024 06:05am

2024-05-29-12-22

Trump defense attorney attacks hush money case as ‘lies’

NEW YORK: Defense lawyers in Donald Trump’s hush money trial made their final pitch to the jury on Tuesday,... Published 29 May, 2024 06:05am

Europe

120 business leaders back UK’s Labour in election

LONDON: The UK’s Labour party won the backing on Tuesday of 120 business leaders, in a timely boost as it bids to... Published 29 May, 2024 06:05am

Europe

Putin says Western weapons striking Russia would have ‘serious consequences’

MOSCOW: Russian President Vladimir Putin warned Tuesday of “serious consequences” if Western countries allowed... Updated 28 May, 2024 10:23pm

South Asia

12 Indians killed in quarry collapse after cyclone rains

GUWAHATI, (India): Torrential rains in the wake of a powerful cyclone caused the collapse of a quarry in India’s... Published 29 May, 2024 06:05am

Editorials

A bleak investment outlook

EDITORIAL: In a much-needed fillip for Pakistan’s floundering investment landscape, Prime Minister Shehbaz...

Public holiday

EDITORIAL: It’s difficult to understand how the last-minute announcement of a public holiday made the nation...

Phenomenal rise in domestic borrowing

EDITORIAL: The government borrowed up to 77 percent domestically to finance its fiscal deficit in the first six...

Terror from Afghanistan

EDITORIAL: The leadership of the banned Tehreek-e-Taliban Pakistan that is based in Afghanistan and intelligence...

IMF programme: there is need for design audit

EDITORIAL: Multilaterals, including the International Monetary Fund (IMF), have developed independent audit...

Opinion

Auto industry

Usman Qadir

Pakistan’s automobile industry is stunted and dysfunctional. Customers must “book” a vehicle and wait upwards...

SIFC—a better role

Aamir Mumtaz

The SIFC was created with a mandate to facilitate much-needed investments from foreign public and private entities...

Why Discos’ privatisation can never happen

Mobashir Sandila

Pakistan’s power sector has undergone various reforms in a bid to make the market more liberalized and introduce...

PARTLY FACETIOUS: Countrywide tree-plantation is a must

Anjum Ibrahim

“We are resilient.” “Indeed, with record high temperatures in the country….” “Well, it’s damned if the government...

Big financing risks

Dr Hafiz A Pasha

The IMF Staff Mission has left Pakistan after a series of meetings on the next Fund Programme in the form of an...

Perspectives

Closing gender disparity: strategies for boosting female participation at work

Faiza Ihsan

Think of a young girl, full of ambition. She wants to be a strong, independent woman who carves out her path and...

Net-metering: turning up the heat on Pakistani people instead of IPPs

Bilal Hussain

As usual, Pakistan finds itself caught in a quagmire when it comes to its energy policy. Never mind that it added...

Can aging thermal power plants in Pakistan be revitalised?

Haneea Isaad

In line with Pakistan’s dedication towards indigenising its energy mix, a new proposal is gaining traction:...

Life Style

Pakistan ranked 101st out of 119 in WEF’s Travel and Tourism Development Index

Pakistan was positioned a lowly 101st out of 119 countries in the Travel and Tourism Development Index published... Published 28 May, 2024 04:10pm

Life & Style

Gold rush in Dubai continues to attract all nationalities including Pakistanis

Updated 28 May, 2024 11:33am

Life & Style

Luxury influencers vanish from Chinese social media in wealth crackdown

Published 28 May, 2024 04:51pm

Sports

Rain washes out England-Pakistan 3rd T20

CARDIFF: Rain again washed out a match in England’s series against Pakistan for the second time as the third... Published 29 May, 2024 04:06am

Sports

Sabalenka powers into French Open second round

Published 28 May, 2024 08:50pm

Sports

Seventh seed Ruud into French Open second round

Published 28 May, 2024 07:32pm

Courtois misses out on Belgium Euro 2024 squad

PARIS: Real Madrid goalkeeper Thibaut Courtois was not included in Belgium’s Euro 2024 squad named on Tuesday as he... Published 28 May, 2024 05:40pm

Sports

Fourth seed Rybakina races into French Open second round

Published 28 May, 2024 05:44pm

Sports

Djokovic looks to overcome ‘bumps in road’ at rainswept French Open

Published 28 May, 2024 05:33pm

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