Public News Channel Business Recorder
Public News Channel-
Business Recorder
Rain likely to batter upper parts of Pakistan from tomorrow: PMD
The Pakistan Meteorological Department (PMD) on Monday said upper parts of Pakistan were expected to experience rain and thunderstorm from Tuesday to Friday, as the westerly wave is likely to approach upper parts. According to the Met Office, unde…
#Rain #PMD
-
Business Recorder
Indian shares drop again on outflows, weak monsoon woes
Indian equity benchmarks extended their falling streak on Monday, on concerns over a foreign selloff, expectations of a weak monsoon, and renewed tensions in the Middle East. The U.S. struck Iranian military sites and Iran’s Revolutionary Guards s…
#IndianShares #Monsoon
-
Business Recorder
Supernet Technologies to carry Rs914mn right issue
The Board of Directors of Supernet Technologies Limited approved on Monday the company’s intention to potentially carry out a right issue of ordinary shares in the near future. The decision was taken at a meeting of the Board of Directors held on …
#Supernet #RightIssue2024
-
Business Recorder
Zia Chishti’s stake in TRG Pakistan down to 1.2% after ‘enforcement of security’ by JS Bank
TRG Pakistan confirmed on Monday that the shares acquired by JS Bank on May 21, 2026 belonged to Zia Chishti, the co-founder and former chairman of the company. In a notice to the Pakistan Stock Exchange (PSX), TRG Pakistan said it was “informed b…
#ZiaChishti #TRGPakistan #JSBank
-
Business Recorder
Pakistan inflation hits 11.7% in May 2026
Pakistan’s headline inflation clocked in at 11.7% on a year-on-year (YoY) basis in May 2026, as shown by Pakistan Bureau of Statistics (PBS) data on Monday. This is the highest reading since June 2024, said Arif Habib Limited (AHL). The consumer p…
#Inflation #Economy2026
-
Business Recorder
Pakistan sees FY26 GDP growth at 3.7%
KARACHI: Pakistan’s gross domestic product is expected to grow at 3.7% in the fiscal year ending June 2026, after logging growth of 3.2% in the previous year, its planning minister said on Monday.
#GDPGrowth #Economy2026
-
Business Recorder
DUBAI: A delay in the diplomatic process to end the US-Iran war can be explained by a lack of trust, Washington’s contradictory positions and Israel’s attacks on Lebanon, Iran’s Foreign Ministry Spokesperson Esmaeil Baghaei said on Monday. “Negoti…
#IranNegotiation #Tehran
-
Business Recorder
European shares dip as renewed Middle East tensions cloud peace prospects
European shares opened lower on Monday as heightened tensions in the Middle East tempered hopes for an imminent end to the conflict, while investors also focused on dealmaking news involving the UK’s easyJet and Amsterdam-listed Universal Music Gr…
#EconomyUpdate #MiddleEastConflict
-
Business Recorder
Gold price drops by Rs3,100 per tola in Pakistan
Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs471,762 after a decline of Rs3,100 during the day. Similarly, 10-gram gold was sold at Rs404,459 af…
#GoldPrice #EconomyUpdate
-
Business Recorder
Crescent Cotton announces CEO, chairman
Crescent Cotton Mills Limited (CCM) announced on Monday key appointments. The development was shared in a notice to the Pakistan Stock Exchange today. The notice said that the company had re-appointed Taimur Amjad as Chairman of the Board of the C…
#CrescentCotton #EconomyUpdate
- Load More
