Business Recorder

Indian shares inch lower after RBI pause; log weekly losses on crude surge, outflows

Indian shares were muted on Friday after the Reserve Bank of India’s widely expected rate pause, as investors assessed the central bank’s measures to support the rupee against concerns of higher inflation and a lower growth forecast. The RBI raise…

#CrudeOil

Business Recorder

Palm extends losses but still posts third weekly gain

KUALA LUMPUR: Malaysian palm oil futures extended losses on Friday, weighed down by weaker rival Dalian oils and concerns over Indonesia’s new export system, though they still managed to log a third straight weekly gain. The benchmark palm oil con…

#CrudeOil

Business Recorder

Nepal, Malaysia, Hong Kong and Oman qualify for Asian Games

Nepal, Malaysia, Hong Kong and Oman have qualified for the men’s cricket competition at the Asian Games, set to be held in Japan in September and October. Nepal and Malaysia finished top of Group A in the qualifying tournament in Singapore, while …

#AsianGames

Business Recorder

Pakistan launches fixed tax scheme for small retailers

In a bid to widen the tax net, Pakistan government introduced on Friday a fixed tax scheme for small retailers, under which a 1% tax will be imposed on annual retail sales worth up to Rs200 million. The development was disclosed by Finance Ministe…

#TaxSystem

Business Recorder

India’s GDP growth estimated at 7.8% in January-March

NEW DELHI: India’s economy grew 7.8% in January-March from the same period a year earlier, after posting revised growth of 8.0% in the previous quarter, the government said on Friday. For the full fiscal year ended in March, the government expects…

#EconomicGrowth

Business Recorder

India ramps up defence of faltering rupee after holding fire on rates

MUMBAI: The Reserve Bank of India held its benchmark interest rate steady on Friday and unveiled steps to help defend the embattled rupee, as the economy grapples with costly oil and foreign investor outflows in the wake of the Iran war. The measu…

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Business Recorder

Rupee records gain against US dollar

The Pakistani rupee appreciated against the US dollar in the inter-bank market on Friday. At close, the local currency settled at 278.41, a gain of Re0.01 against the greenback. On Thursday , the local unit closed at 278.42. Globally, the US ​doll…

#Rupee #USdollar

Business Recorder

AJK elections scheduled for July 27; code of conduct enforced

The general elections for the Azad Jammu and Kashmir Legislative Assembly will be held on July 27, Chief Election Commissioner Ghulam Mustafa Mughal announced in a press conference on Friday, Aaj News reported. Following the announcement of the el…

#AzadKashmir #AJK

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MPA Saqib Chadhar booked under PECA Act for allegedly harassing Momina Iqbal

A case has been registered under the PECA Act against Punjab Assembly Member Saqib Chadhar in the alleged harassment matter of actress Momina Iqbal, Aaj News reported on Friday. The case has been registered at the National Cyber Crime Investigatio…

#SaqibChadhar #MominaIqbal #FIA

Business Recorder

Best islamic prayer time tools of 2026 featuring QuranTime

As digital tools continue to shape how Muslims practice their faith, Islamic prayer time apps have become essential companions for daily worship. In 2026, Muslims around the world rely on mobile and web-based tools not only to check accurate praye…

#QuranTime #IslamicApp