News stories for Bilal Hussain

Bilal Hussain

Business & Finance

Auto sector not to blame for rising current account deficit: IMC CEO

Ali Asghar Jamali says share of auto sector in import bill stands at mere 3%

Published 12 Oct, 2022 08:09pm

Markets

inDrive to expand operations in five more cities in Pakistan

Company official says it will also enhance its presence in cities that it already covers

Published 12 Oct, 2022 03:13pm

Business & Finance

Crescent Steel gets Rs3.27 billion LOI for pipes coating for K-IV project

Crescent Steel and Allied Products Limited announced on Friday that it has received a Letter of Intent (LOI) from...

Updated 07 Oct, 2022 11:30pm

Business & Finance

Haball confident its digital lending platform will help increase Coca-Cola Pakistan's sales

Wisaaq, the newly-launched platform, will provide FMCG's distributors access to capital

Published 05 Oct, 2022 06:26pm

Pakistan

Pakistan’s growth model facilitates only the top 1% elite: Miftah Ismail

Former finance minister says lower and middle income groups suffer due to overheating of economy

Published 03 Oct, 2022 08:09pm

Business & Finance

Drug companies warn of increasing medicine prices 'if DRAP continues to ignore plight'

Firms set Monday as deadline for holding meeting with pharma companies

Published 29 Sep, 2022 09:22pm

Business & Finance

Honda Atlas puts off its plan to launch HR-V in Pakistan

Decision comes as auto industry continues to struggle with restrictions on imports

Published 28 Sep, 2022 08:13pm

Pakistan

Dubai’s DP World CEO visits Pakistan, announces multimillion dollar donation for flood relief

DP World interested in establishing industrial parks in Pakistan, says CEO Sheikh Sultan Ahmed Bin Sulayem

Published 24 Sep, 2022 05:12pm

Business & Finance

Defying odds, foodpanda Pakistan to be profitable next year: CEO

KARACHI: Foodpanda Pakistan will be profitable next year, said its managing director and CEO Muntaqa Peracha, a...

Updated 23 Sep, 2022 12:47pm

Business & Finance

Pakistan missing out on tax revenue, investment due to tyre smuggling: GTYR official

Around 60% of tyre demand in country is met through contraband merchandise

Published 22 Sep, 2022 08:00pm

Business & Finance

Import restrictions on CKD auto parts: car assemblers operating ‘just 5-9 days per month’

PAMA urges government to ease import restrictions

Published 21 Sep, 2022 07:34pm

Business & Finance

Auto part vendors want 51% increase in quota for import of CKD parts

Say it will avoid supply chain disruption in auto industry, streamline matters in line with the government’s policy

Updated 17 Sep, 2022 11:03am

Technology

Sialkot stands out, Alibaba calls on other cities to enhance exports through platform

At event in Karachi, Head of Alibaba.com Pakistan says massive opportunity exists for suppliers to start export journey

Published 16 Sep, 2022 12:54pm

Pakistan

Drug shortage hits Karachi as demand exceeds supply

A drug shortage is being widely reported across Karachi with medicines used to treat fever and gastro diseases in...

Published 10 Sep, 2022 06:28pm

Perspectives

Hybrids or EVs: which one should Pakistan go for?

The auto sector in Pakistan is in deep turmoil at the moment. Many car companies have suspended bookings and been...

Published 09 Sep, 2022 09:51pm

Technology

'Pakistan’s startup ecosystem needs a few $100mn exits'

Ali Samir Oosman, MD of Endeavor Pakistan, says this will result in massive multiplier effect

Published 06 Sep, 2022 11:58pm

Markets

Govt suspends duties/taxes on import of tomato, onion till Dec 31

Experts say it will take two to three weeks for prices to normalise

Published 01 Sep, 2022 05:57pm

Pakistan

Skyrocketing prices: businesses call for restarting trade with India

Also demand immediate abolition of duties and taxes on import of onions and tomatoes

Updated 29 Aug, 2022 09:02pm

Markets

Travelers take safety precautions, rupee gets hammered in open market

In recent days, rupee has lost value against all major currencies, especially the UAE dirham
However, experts say development is more due to 'smuggling, speculation' than any new travel SOP

Published 29 Aug, 2022 02:39am

Technology

Play Tests not T20s in business, IT sector stalwarts advise startups

KARACHI: IT sector stalwarts have advised startup founders to play the long game and avoid going for the quick buck,...

Published 24 Aug, 2022 09:17pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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