Business Recorder
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Business Recorder
Indian shares snap losing run on IT boost; oil dips after Trump comments
Indian shares recovered from their lowest levels in nearly two months on Tuesday, led by value buying after four straight session of losses and a continued surge in information technology stocks. After a nearly 3% slide over the previous four sess…
#CrudeOil
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Business Recorder
India’s May palm oil imports improve; soyoil surges on shrinking premium
MUMBAI: India’s palm oil imports rose modestly in May from the previous month’s four-month low, but stayed below average, as refiners turned to rival soyoil after palm’s price advantage over competing oils narrowed, five dealers said. Lower than u…
#OilPrices
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Business Recorder
Venezuela’s Rodriguez to discuss energy ties during India visit from June 3-7
NEW DELHI: Venezuela’s interim President Delcy Rodriguez will visit India from June 3 to June 7, India’s foreign ministry said on Tuesday, at a time when New Delhi is ramping up its crude imports from Caracas. India was the second-largest importer…
#India
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Business Recorder
Rupee records gain against US dollar
Rupee’s Performance Against US Dollar Since 04 March 2025 The Pakistani rupee appreciated against the US dollar in the inter-bank market on Tuesday. At close, the local currency settled at 278.46, a gain of Re0.01 against the greenback. On Monday …
#Economy
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Business Recorder
PM says export growth, industrial production top govt priorities
Prime Minister Shehbaz Sharif said on Tuesday that effective policy measures to increase exports, along with boosting domestic production of industrial products, were part of the government’s policy priorities. He said this while chairing a review…
#ExportGrowth #IndustrialProduction #GovtPriorities
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Business Recorder
The National Economic Council (NEC), chaired by Prime Minister Shehbaz Sharif, has postponed its crucial meeting, scheduled to be held tomorrow, to facilitate further deliberations on the upcoming budget. “It is to inform that the meeting of the N…
#NECmeeting
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Business Recorder
Nawaz Sharif criticises lack of infrastructure development in Gilgit-Baltistan election rally
Former prime minister and Pakistan Muslim League-Nawaz (PML-N) supremo Mian Nawaz Sharif on Tuesday said that he felt deep grief upon seeing the current state of Gilgit-Baltistan. Addressing an election rally of the PML-N in Gilgit-Baltistan, Nawa…
#NawazSharif #GilgitBaltistan #ElectionRally
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Business Recorder
Four Pakistani farm workers murdered in Italy
ROME: Italian police have arrested two Pakistani nationals for the murder of four Pakistani farm workers found dead in a burnt-out minivan in southern Italy, Corriere della Sera daily reported Tuesday. The burnt-out vehicle was found at a petrol s…
#Italy #FarmWorkers
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Business Recorder
Gold per tola gains Rs4,600 in Pakistan
Gold prices in Pakistan increased on Tuesday in line with their gain in the international market. In the local market, gold price per tola reached Rs476,362 after a gain of Rs4,600 during the day. Similarly, 10-gram gold was sold at Rs408,403 afte…
#GoldRate #Economy
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Business Recorder
Business confidence in Pakistan deteriorates sharply amid Middle East escalation, finds OICCI survey
Business confidence in Pakistan deteriorated sharply during the second quarter of 2026 as escalating geopolitical tensions in the Middle East weighed on investment plans, disrupted supply chains and fuelled cost pressures, revealed the Overseas In…
#OICCI #Economy
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