News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Covid-19: ADB approves $500 million loan for vaccine procurement

In a statement issued on Friday, the ADB said the project will support Pakistan’s National Deployment and Vaccination Plan under which an estimated 39.8 million doses of Covid-19 vaccines, safety boxes, and syringes will be purchased and delivered

Published 06 Aug, 2021 02:37pm

Business & Finance

To boost solar energy consumption: Process for net metering simplified

In a bid to boost solar power consumption and ease the pressure on oil-based power generation, Pakistan's Board of...

Published 05 Aug, 2021 03:23pm

Business & Finance

April-June 2021: SBP imposes penalties of over half-a-billion rupees on banks

The State Bank of Pakistan (SBP) said that it has imposed penalties to the tune of Rs525.244 million on banks during...

Published 05 Aug, 2021 02:10pm

Business & Finance

Tender process: Post decisions, announcements on website, says Hammad Azhar

Directive to PSO and PLL comes as govt looks to promote transparency in LNG bidding process

Published 05 Aug, 2021 12:25pm

Business & Finance

SBP announces digital cheques clearing, unified QR code for payments initiatives

Steps aimed at increasing usage of digital financial products and services, says central bank

Published 04 Aug, 2021 12:29pm

Business & Finance

Pakistan can benefit from energy sector decarbonisation: World Bank

Senior official says Group remains committed to supporting Pakistan in its effort to transition to renewable energy and low-carbon development

Published 04 Aug, 2021 11:27am

Business & Finance

Pakistani rupee suffers slump, down to 163.67 against US dollar

Currency's decline ongoing since May this year as high import payments take toll

Published 02 Aug, 2021 05:13pm

Business & Finance

Pakistan's exports reach $2.35bn, highest figures for July

Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood urges exporters to move at 'full speed' to make FY22 another 'record-breaking year'

Updated 02 Aug, 2021 07:53pm

Business & Finance

Inflation reading clocks in at 8.4% in July

SBP had earlier stated that it expects inflation to moderate to 7-9% this fiscal year
CPI inflation in rural areas recorded at 8% on a year-on-year basis in July 2021 compared to an increase of 9.7% in the previous month and 11.6% in July 2020

Published 02 Aug, 2021 11:26am

Technology

Dawood hails launch of Facebook Marketplace in Pakistan

Says after Amazon, this opportunity could prove to be a lifeline for entrepreneurs during Covid times

Published 31 Jul, 2021 01:07pm

Business & Finance

AGP Limited says it has acquired 22 pharma brands from Sandoz AG

Pakistan’s AGP Limited announced that it has successfully acquired a portfolio of 22 pharmaceutical brands from...

Published 30 Jul, 2021 05:53pm

Business & Finance

UAE banks successfully conclude Pakistan’s $350m Murabaha syndicated loan

UAE-based Ajman Bank and Commercial Bank of Dubai have successfully concluded Pakistan's $350-million Murabaha...

Published 30 Jul, 2021 04:36pm

Business & Finance

Cash-strapped Pakistan purchases pricey LNG for Sept

Pakistan has purchased the most expensive Liquefied Natural Gas (LNG) in its history with LNG deals for September at...

Published 30 Jul, 2021 12:09pm

Business & Finance

Pakistan has requested Iran to normalise power supply to Balochistan: Hammad Azhar

Balochistan coastal areas are not connected to the national grid and dependent on Iranian power supply, says energy minister

Published 29 Jul, 2021 04:38pm

Business & Finance

Emirates extends suspension on flights from Pakistan till Aug 7

Flights to UAE have been disrupted several times due to the pandemic

Published 29 Jul, 2021 03:24pm

Business & Finance

OGDCL discovers gas and condensate reserves in KPK

The Oil and Gas Company Limited (OGDCL) has discovered gas and condensate reserves in Kohat Basin of Khyber...

Published 29 Jul, 2021 01:41pm

Business & Finance

Emergence of Covid-19 Delta variant a ‘serious concern’, says Baqir

The resurgence of Covid-19 cases and the emergence of the Delta variant in Pakistan has become a ‘serious...

Published 29 Jul, 2021 12:48pm

Business & Finance

FBR launches single identifier number for all domestic taxes

In a bid to improve Pakistan's rank in the ease of doing business and simplify collection process, the Federal Board...

Published 29 Jul, 2021 11:35am

Markets

KSE-100 down 369 points as intra-day gains erased

The benchmark KSE-100 Index ended 369 points lower on Wednesday, as all intra-day gains were erased after a positive...

Published 28 Jul, 2021 05:33pm

Business & Finance

China has not banned rice imports from Pakistan, clarifies commerce ministry

Says Chinese authorities detained Pakistan’s rice export consignments but released them after conformity

Updated 28 Jul, 2021 10:53pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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