News stories for Tahir Amin - Business Recorder

Tahir Amin

Economy’s growth model needs urgent overhaul: World Bank

ISLAMABAD: Pakistan’s model of growth — dominated by (public) consumption, high levels of debt, low productivity and...

Updated 16 Jan, 2025 08:50am

Senate panel told: Exporters fail to avail CPFTA-II opportunities

ISLAMABAD: Commercial Section Pakistan Embassy Beijing admitted that neither the opportunities arising from China...

Updated 16 Jan, 2025 08:54am

5MFY25: LSM sector sees 1.25pc contraction YoY

ISLAMABAD: The overall Large Scale Manufacturing (LSM) sector has shown a growth of -1.25 percent during the first...

Updated 16 Jan, 2025 04:11pm

Business & Finance

USF subsidy: PTCL, Ufone take major chunk

ISLAMABAD: Pakistan Telecommunication Comp-any Limited (PTCL) and Ufone took major chunk of around Rs77 billion or ...

Published 16 Jan, 2025 03:04am

Technology

Starlink internet services: Existing players could face some serious challenges

ISLAMABAD: Amid slow speed and internet service issues in the country, Starlink internet services, if launched in...

Published 15 Jan, 2025 02:59am

Pakistan

Smartphones on easy instalments: Govt and CMOs agree to roll out new scheme

ISLAMABAD: The government and all four cellular mobile operators (CMOs) have agreed in principle to launch the...

Published 15 Jan, 2025 02:59am

World Bank approves 10-year Country Partnership Framework

ISLAMABAD: The World Bank’s Board of Directors has approved the first-ever 10-year Country Partnership Framework for...

Updated 15 Jan, 2025 09:19am

Pakistan

‘Sindh barrages improvement project’: WB terms implementation progress ‘satisfactory’

ISLAMABAD: The World Bank has rated the overall implementation progress of “Sindh Barrages Improvement Project”...

Published 14 Jan, 2025 03:12am

‘Deviation from policy’ Fin Div seeks explanation from PAOs

ISLAMABAD: Finance Division has directed all principal accounting officials (PAOs) to explain the reasons of excess...

Updated 14 Jan, 2025 08:44am

Technology

MoITT yet to finalise AI policy

ISLAMABAD: The Ministry of Information Technology and Telecommunication has yet to finalise the National Artificial...

Published 12 Jan, 2025 02:44am

Weekly SPI inflation down 0.65pc

ISLAMABAD: The Sensitive Price Index-based inflation for the week ended January 9, 2025, decreased by 0.65 per cent...

Updated 11 Jan, 2025 02:43pm

FY26 budget: Tax, non-tax revenue: 4 base categories identified

ISLAMABAD: The budget circular for fiscal year 2025-26 calls for a new set of information to identify and tag green/...

Updated 10 Jan, 2025 03:16pm

20pc criteria violated: Q1 current expenditures stand at Rs3.54trn

ISLAMABAD: Amid initiatives to reduce volume and expenditures of the federal government, current expenditures stood...

Updated 10 Jan, 2025 09:02am

Telenor acquisition: Delay in CCP’s decision may impact 5G launch

ISLAMABAD: The delay in Competition Commission of Pakistan’s (CCP) decision regarding acquisition of Telenor...

Updated 10 Jan, 2025 08:49am

Pakistan

Adoption of orbital satellites proposed

ISLAMABAD: Jahanzeb Rahim, Member Telecom, Ministry of Information Technology and Telecommunication proposed the...

Published 09 Jan, 2025 06:19am

Technology

Staggering financial losses caused by excessive VPN usage during internet disruptions: PTA

ISLAMABAD: With increased use of Virtual Private Networks (VPNs), the data usage increase at the cost of more ...

Published 09 Jan, 2025 06:19am

Business & Finance

Budget in 1st week of June

ISLAMABAD: Finance Division issued budget circular according to which budget for the next fiscal year 2025-26 would...

Published 09 Jan, 2025 06:19am

Pakistan

Satellite technology: Minister for aligning policies to global standards

ISLAMABAD: The Minister of State Ministry of Information Technology and Telecommunications (MoITT), Shaza Fatima...

Published 08 Jan, 2025 07:57am

Business & Finance

Ministries, allied depts: rightsizing finally in sight

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb, while announcing to abolish 150,000 vacant...

Published 08 Jan, 2025 06:26am

Business & Finance

KP revenue mobilisation programme: World Bank gives exceptional approval for time extension, restructuring

ISLAMABAD: The World Bank’s country director for Pakistan has provided exceptional approval for the proposed time...

Updated 07 Jan, 2025 08:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	281.55
USD PKR Interbank Buying / May 8	281.35
USD to Japanese Yen / May 8	145.55
USD to Swiss Franc / May 8	0.83
Pound Sterling to USD / May 8	1.32
Euro to USD / May 8	1.12
UK LIBOR % / May 8	4.96

Stock	Volume
S&P 500 / May 8	5,663.94
India Sensex / May 8	80,334.81
Tokyo Nikkei / May 8	37,403.90
Nasdaq / May 8	17,928.14
Hang Seng / May 8	22,745.70
FTSE 100 / May 8	8,531.61
Dow Jones / May 8	41,368.45
Germany DAX 30 / May 8	23,352.69
France CAC40 / May 8	7,694.44

Item	Value
Crude Oil USD/Barrel / May 8	60.10
Karachi Cotton PKR/37.32 KG / May 8	16,985
Gold 10 Grams PKR / May 8	302,383
Gold Spot USD/Ounce / May 8	3,308.32
Cotton US¢/pound / May 8	66.51
Petrol/Litre / May 9	252.63
Diesel/Litre / May 9	256.64

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.24 ▲ 0.42 (23.08%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.19 ▲ 0.76 (17.16%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.27 ▲ 0.46 (16.37%)
UDL International / May 9 UDL International Limited(UDLI)	7 ▲ 0.75 (12%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.75 ▲ 0.6 (11.65%)
LSE Ventures / May 9 LSE Ventures Limited(LSEVL)	9.75 ▲ 0.93 (10.54%)
Tri-Star Power / May 9 Tri-Star Power Limited(TSPL)	5.70 ▲ 0.53 (10.25%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.28 ▲ 0.49 (10.23%)
Olympia Mills / May 9 Olympia Mills Limited(OML)	46.15 ▲ 4.2 (10.01%)
Khyber Textile / May 9 Khyber Textile Mills Limited(KHYT)	734.88 ▲ 66.81 (10%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	26.10 ▼ -5.98 (-18.64%)
Dewan Textile / May 9 Dewan Textile Mills Limited(DWTM)	5.42 ▼ -1 (-15.58%)
F.Credit & Inv / May 9 First Credit and Investment Bank Limited(FCIBL)	6.90 ▼ -0.99 (-12.55%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
786 Invest Ltd / May 9 786 Investments Limited(786)	6.70 ▼ -0.9 (-11.84%)
Aruj Industries / May 9 Aruj Industries Limited(ARUJ)	7.09 ▼ -0.89 (-11.15%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.22 ▼ -1.36 (-10.01%)
Masood Textile / May 9 Masood Textile Mills Limited(MSOT)	49.29 ▼ -5.48 (-10.01%)
Bilal Fibres / May 9 Bilal Fibres Limited(BILF)	19.44 ▼ -2.16 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	29,811,282 ▲ 0.03
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	12,687,138 ▼ -2.47
B.O.Punjab / May 9 The Bank of Punjab(BOP)	9,802,719 ▲ 0.15
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	7,926,720 ▼ -1.36
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	7,665,264 ▼ -0.11
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	7,238,907 ▼ -1.56
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6,078,185 ▲ 0.08
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	5,543,925 ▲ 5.11
Hascol Petrol / May 9 Hascol Petroleum Limited(HASCOL)	5,524,065 ▲ 0.15
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	4,625,544 ▲ 0.73

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular