News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Pakistan aims to save Rs 836bn after renewed agreements with IPPs

The minister said the circular debt included Rs 600 billion owed to independent power producers and Rs 700 billion to the public sector generation companies.

Published 10 Feb, 2021 11:36am

Business & Finance

State Bank approved financing under TERF reaches Rs374bn

TERF has shown significant growth over the last ten months as reflected by increase in requested amount from Rs 36.1 billion by end April 2020 to Rs 687.4 billion by Jan 28, 2021.

Published 10 Feb, 2021 10:47am

Technology

PTA urges Twitter to review its ‘biased approach’ towards Pakistani users

As per PTA, the authority has received 369 complaints from users regarding blocking/suspension of their Twitter accounts.
After analysis, PTA reported 280 valid accounts/ handles ostensibly suspended for posting in support of the rights of people of IOJ&K.

Published 10 Feb, 2021 10:23am

Business & Finance

COVID propels Asia’s real estate giants to invest in property technology

"Change was underway well before 2020, but COVID-19 has heightened the urgency and amplified the risks of inaction."

Published 09 Feb, 2021 03:06pm

Business & Finance

NEPRA to conduct KE Hearing; Electricity price hike in the offing

As per details, KE has requested NEPRA to increase the price of electricity for four months and reduce it for three months for monthly Fuel Charges Adjustments.

Published 09 Feb, 2021 02:16pm

Business & Finance

NBP branches in Bangladesh, Afghanistan to be closed

The meeting was informed that 23 branches of the bank were established in various countries.

Published 09 Feb, 2021 12:40pm

Technology

Just after GameStop frenzy, Reddit raises over $250mn in funding

“We have raised more than $250 million in Series E funding from existing and new investors. We decided that now was the right opportunity to make strategic investments in Reddit including video, advertising, consumer products, and expanding into international markets,” the company announced in a blog post.

Published 09 Feb, 2021 12:16pm

Business & Finance

Tethyan Copper Company legal team to visit Pakistan

the Civil Aviation Authority allowed the legal team to visit Pakistan and at the request of the Attorney General's Office, the Director Air Transport issued the permit.

Published 09 Feb, 2021 10:39am

Business & Finance

GSK Consumer Health Pakistan appoints Farhan Muhammad Haroon as CEO

*The company informed that the incoming Farhan Muhammad Haroon will assume the charge of the company effective 1 April 2021.

Published 08 Feb, 2021 04:58pm

Technology

As WhatsApp slides, Telegram becomes the most downloaded app globally

Recently, the mobile app rating company Sensor Tower released its latest report, according to which the mobile chat application Telegram has gone on to become the most downloaded non-gaming app in the world in the first month of 2021.

Published 08 Feb, 2021 04:14pm

Business & Finance

Eyeing trade potential, MoC to hold ‘Silk Route Connect’ Conference at Uzbekistan

The advisor informed that the conference will be held this year in summer and will be planned by Trade Development Authority of Pakistan (TAP).

Updated 08 Feb, 2021 03:59pm

Business & Finance

PM Khan directs economic team to reduce taxes on imported edible items

Prime Minister also directed the economic team to furnish recommendations to bring down taxes on the imported edible items.

Published 08 Feb, 2021 02:26pm

Technology

These robots can deliver COVID-19 results in 80 minutes

The robot was developed by the Japanese company industrial giant Kawasaki, while the Japanese Minister of Health inspected the robots and obtained details from experts.

Published 08 Feb, 2021 12:54pm

Business & Finance

Punjab govt to build Small, Intermediate dams in the province

These dams will be able to store the most water after Mangla, Tarbela, she said.

Published 08 Feb, 2021 12:11pm

Business & Finance

PSO refutes reports, says not shifting Head Office to Islamabad from Karachi

“Pakistan State Oil would like to refute the news circulating on social media about its head office shifting to Islamabad. We will continue to run our operations from Karachi,” stated PSO in a statement on Monday.

Updated 08 Feb, 2021 12:37pm

Business & Finance

Over Rs 1.7bn profits earned on Diamer Bhasha Dam Fund

More than Rs. 155.7 million has been deposited in this account by four major cellular companies of the country.

Published 08 Feb, 2021 10:32am

Technology

Instagram latest feature allows users retrieve deleted posts

According to details, this new feature of Instagram was rolled out last week to users around the world, which allows users to retrieve deleted posts.

Published 06 Feb, 2021 04:05pm

Business & Finance

Govt to sign new agreement with IPP’s: Hafeez Shaikh

On issues revolving the power sector, he said that "there is a lot of focus on the power sector."

Published 06 Feb, 2021 01:27pm

Business & Finance

ADB funded Oxygen Concentrators handed over to Pakistan

An Oxygen Concentrator is a critical life-saving device used for treating patients suffering from coronavirus infection, birth asphyxia and complicated pneumonia.

Published 06 Feb, 2021 12:02pm

Technology

Facebook Fights ‘Misinformation’ through Third Party Fact Checking

The company defined ‘misinformation’ as false information that is often shared unintentionally.

Published 06 Feb, 2021 10:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	154.72
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20
France CAC40 / Jan 30	7,941.64
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Petrol/Litre / Jan 31	256.13
Crude Oil USD/Barrel / Jan 31	72.68
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,793
Diesel/Litre / Jan 31	260.95

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular