News stories for Bilal Hussain

Bilal Hussain

Perspectives

The fault in Twitter’s stars

The writing was on the wall. Not long after Elon Musk took over Twitter and began making decisions aimed at making...

Published 08 Jul, 2023 11:54pm

Pakistan

PCAA, association spar over ‘exorbitant’ UK exam fee for pilots

A private association of aircraft owners and operators and Pakistan Civil Aviation Authority (PCAA) are currently...

Published 05 Jul, 2023 09:11pm

Technology

Pakistan’s startup funding suffers massive fall in April-June

Funding attained by Pakistani startups on a quarterly basis fell to the lowest level in three years during...

Published 04 Jul, 2023 12:06pm

Technology

SAP faces profit repatriation challenges, but wants to look at ‘silver lining’ in Pakistan

Ahmed Al-Faifi, Senior Vice President and MD Middle East and North Africa of enterprise software firm SAP, said his...

Published 15 Jun, 2023 10:31pm

Business & Finance

Budget 2023-24: incentives fail to entice stakeholders in IT sector

Say measures are insufficient to raise exports substantially

Published 10 Jun, 2023 01:43am

Business & Finance

Budget 2023-24: price of imported used cars over 1,300cc to get expensive

The government has withdrawn the cap of fixed duties and taxes on the import of old and used vehicles of ‘Asian...

Published 10 Jun, 2023 01:21am

Pakistan

How experts view the upcoming budget announcement

Business Recorder reaches out to experts to know their expectations for budget

Updated 09 Jun, 2023 05:22pm

Business & Finance

Unprecedented floods wreak havoc on Pakistan’s agri sector: Economic Survey 2022-23

Unprecedented floods last year wreaked havoc on Pakistan’s agriculture sector, revealed the Economic Survey 2022-23...

Published 08 Jun, 2023 09:27pm

Business & Finance

Automobile sector contracts 42.48%, reveals Economic Survey 2022-23

With exception of buses, significant decline was seen in productivity of all sub-sectors

Published 08 Jun, 2023 08:58pm

Technology

Economic Survey 2022-23: Pakistan ‘ranks second most financially attractive location for outsourcing IT services’

In a first, government includes IT and telecommunication sectors in the document

Published 08 Jun, 2023 07:53pm

Technology

Integration Xperts CEO wants concerted efforts to increase Pakistan’s IT exports

Says sector professionals leaving country due to different departments working in isolation

Published 07 Jun, 2023 02:01am

Business & Finance

Car assembler Pak Suzuki calls for ‘no new taxes or hikes in existing levies’

In letter addressed to prime minister, company wants reduction in duties and taxes for vehicles up to 1,000cc

Published 02 Jun, 2023 07:36pm

Business & Finance

PAMA urges govt not to amend basis of withholding tax

Reacts to reports that govt will change basis of WHT from engine-size of cars to invoice price

Published 02 Jun, 2023 06:49pm

Business & Finance

With its air taxis, Sky Wings is targeting Pakistani travelers who are in a rush

CEO says company is helping customers who have time-constraints, and want a 'safer mode of travel'

Published 01 Jun, 2023 07:37pm

Technology

Social media starts getting restored, official notification still awaited

Social media websites including Twitter and YouTube have started to get restored after being suspended last week....

Published 15 May, 2023 07:56pm

Technology

Mobile broadband services being restored: PTA

Social media websites also unblocked

Updated 12 May, 2023 10:24pm

Technology

‘Far-reaching effects’: GSMA urges Pakistan to restore internet services

Says individuals and businesses rely on connectivity for their livelihoods

Updated 12 May, 2023 08:06pm

Markets

Newly-launched night navigation increases FOTCO’s terminal capacity by 30pc

Port Qasim, FOTCO successfully dock first-ever oil vessel at night

Updated 12 May, 2023 11:26am

Markets

Gold price in Pakistan registers highest one-day leap, hits Rs240,000 per tola

Political turmoil cited as reason for historic jump in rate

Published 10 May, 2023 06:32pm

Technology

Suspension of mobile broadband: telecom operators lose Rs820mn, source says

Ride-hailing, food delivery cite ‘drastic’ impact in business

Updated 10 May, 2023 07:16pm

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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