News stories for Bilal Hussain

Bilal Hussain

Business & Finance

20 brands receive notices from CCP over misleading ‘End of Season Sales’ discounts

A notice was issued by the Competition Commission of Pakistan (CCP) to 20 brands in response to retailers...

Updated 21 Sep, 2024 11:01pm

Perspectives

The Lebanon pager carnage puts all Western tech under the radar

After the horrors in Lebanon, most of us started to wonder if the cellphone in our hands was safe. Some of us took...

Updated 19 Sep, 2024 10:21pm

Technology

SAPM on Digital Media Fahd Haroon is bullish on Pakistan’s IT sector

Says internet slowdown result of faults in submarine cables, speeds to be restored to normal

Updated 16 Sep, 2024 08:11pm

Markets

SMAP raises concerns over proposed ban on raw pink salt exports

The Founding Chairman of the Salt Manufacturers Association of Pakistan (SMAP), Ismail Suttar, has expressed deep...

Updated 15 Sep, 2024 10:03pm

Pakistan

Pakistan ranks among top countries in Global Cybersecurity Index 2024

Pakistan has risen to the Tier-1 (Role-modelling) rating and is now among top 40 countries in the Global...

Updated 14 Sep, 2024 02:28pm

Business & Finance

SBP made its most aggressive move on the interest rate, but business associations are still unhappy

The State Bank of Pakistan (SBP) moved more aggressively on the key interest rate than what the wider market had...

Updated 12 Sep, 2024 09:26pm

Markets

Higher sales tax threatens government’s EV promotion efforts: EDB official

An official from the Engineering Development Board (EDB) warned that raising the general sales tax (GST) on electric...

Published 11 Sep, 2024 12:44pm

Markets

Auto sales increase 15% YoY in August amid mixed segment performance

Auto sales in Pakistan increased 15% year-on-year (YoY) in August 2024, as the total number of units sold in the...

Published 10 Sep, 2024 10:53pm

Pakistan

‘Economy in state of collapse’: Dr Kaiser Bengali resigns from govt’s austerity committee

Renowned economist Dr Kaiser Bengali has resigned from the Austerity Committee (High-Powered Committee for...

Updated 02 Sep, 2024 09:01pm

Pakistan

Pakistan govt begins VPN registration amid internet services disruption

Expert says on days when services are blocked (election day, Muharram, etc) those with registered VPNs will not be impacted

Updated 30 Aug, 2024 11:30pm

Pakistan

Pakistan’s internet disruption could continue till early October due to ‘submarine cable fault’

PTA says fault occurred in two cables, one of which has been repaired

Updated 28 Aug, 2024 08:48pm

Business & Finance

FBR says no plans to offer amnesty scheme to legalise smuggled vehicles

The Federal Board of Revenue (FBR) has clarified that there are no plans to offer an amnesty scheme for regularizing...

Published 27 Aug, 2024 10:28pm

Perspectives

Wind power in Pakistan: how a promising renewable energy source fell out of favour

Pakistan’s journey with wind power, once seen as a key element in the country’s renewable energy landscape, has...

Published 27 Aug, 2024 12:04am

Technology

PostEx announces $7.3mn pre-series A funding for expansion in Pakistan, GCC

PostEx, a prominent player in Pakistan’s financial technology sector, announced on Tuesday the completion of a $7.3...

Updated 20 Aug, 2024 10:51pm

Business & Finance

Small-scale to eyeing international markets: Sadaf Khan’s Pakistani fashion brand flourishes in Dubai

DUBAI: Sadaf M. Khan, the managing director and founder of Boulevard One, has successfully turned her vision of...

Updated 19 Aug, 2024 01:11pm

Business & Finance

Electric vehicles: Master Changan unveils Deepal L07, S07 with prices starting Rs15.5mn

KARACHI: Master Changan Motors Limited has unveiled its electric vehicle brand in Pakistan, launching the Deepal L07...

Updated 16 Aug, 2024 08:18pm

Technology

Sector’s competitiveness getting affected with internet disruptions: IT firm CEO

Pakistan’s IT sector is grappling with severe internet disruptions that pose a significant threat to the country’s...

Published 16 Aug, 2024 08:00am

Markets

CCP approves 100% acquisition of fintech SadaPay by Turkish firm

The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 100% shareholding of...

Published 13 Aug, 2024 08:52pm

Markets

Car sales down 36% MoM in July over budgetary measures

Car sales in Pakistan saw a significant month-on-month (MoM) drop in July 2024, plummeting by 36% to 8,589 units,...

Updated 12 Aug, 2024 11:06pm

Adhering to the constitution only path forward for Pakistan: Khaqan

KARACHI: Former prime minister Shahid Khaqan Abbasi, who along with former finance chief Miftah Ismail has recently...

Updated 12 Aug, 2024 11:01am

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular