News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Markets

Pakistan's rupee sees worst month in over 50 years

Battling high import payments, depleting foreign exchange reserves, and political turbulence, the Pakistani rupee ...

Updated 30 Jul, 2022 08:14pm

Business & Finance

Govt says will roll out 'reshaped' Mera Pakistan Mera Ghar scheme in coming days

Assures that investments already made by the general public through the scheme remain protected

Updated 20 Jul, 2022 05:38pm

Markets

Pakistan invites bids for 10 LNG cargoes in July-Sept as energy crisis deepens

Suppliers asked to submit bids by July 7

Updated 04 Jul, 2022 05:32pm

Technology

Pakistan’s startups raise $103mn in April-June, amount 40% lower on quarterly basis

As per Invest2Innovate's deal flow update, 'if you’re a business that bleeds a ton of money without any path to profitability, 2021 may have been your year, but certainly not 2022'

Updated 02 Jul, 2022 08:51pm

Markets

Govt makes a move towards Russian crude import, urges refineries to furnish analysis

Development comes after Prime Minister Shehbaz Sharif-led coalition government had started weighing possibility of importing oil and gas from Russia to meet the country’s energy requirements

Updated 29 Jun, 2022 06:31pm

Technology

Pakistan’s Bykea raises $10mn in fresh funding from existing backers

Plans to use capital to enhance and extend its offerings in mobility and fulfillment services for consumers and SMEs as well as leveraging its fleet for unique fintech use cases like COD, cash-pickup services, or verification services

Published 27 Jun, 2022 04:03pm

Perspectives

When the going gets tough, look skywards

Passenger: “What are you saying? Only yesterday I paid Rs. 20 for the bus fare, now you are charging me Rs. ...

Published 27 Jun, 2022 02:10pm

Pakistan

'Corporate layoffs a possibility now': Experts react to govt's imposition of 'super tax'

In a major development, the government on Friday imposed an extra one-time 10% tax called the super-tax on the...

Updated 24 Jun, 2022 07:45pm

Technology

Pakistan's edtech startup Out-Class raises $500,000

Launched in 2021 as the 'Netflix for students' by LUMS and Harvard alumni, Out-Class aims to become an equaliser for education

Updated 23 Jun, 2022 01:41pm

Technology

Pakistan’s logistics startup Rider says it has raised $3.1mn

Karachi-based startup announces raising funds in round led by YCombinator and new investors including i2i Ventures, Flexport, Soma Capital, and Rebel Fund

Published 20 Jun, 2022 05:59pm

Markets

Pakistan LNG invites bids for four cargoes in July

In a move to meet the country’s growing energy needs, Pakistan LNG Limited (PLL), a wholly-owned subsidiary of...

Updated 17 Jun, 2022 07:35pm

Pakistan

Budget 2022-23: here are revised tax rates and slabs for the salaried income group

Govt targets 'ultra' rich with new taxation slabs

Published 10 Jun, 2022 11:02pm

Pakistan

Pakistan to raise salaries of govt employees in Budget 2022-23: Miftah Ismail

The government will raise salaries of its employees when it announces the federal budget 2022-23 on Friday, said...

Updated 09 Jun, 2022 10:04pm

Pakistan

Reforms in Budget 2022-23 will please IMF, says Miftah Ismail

Finance Minister Miftah Ismail on Thursday said reforms that will be introduced through the Budget 2022-23, set to ...

Published 09 Jun, 2022 07:36pm

Pakistan

Controversial yet popular: Aamir Liaquat lived life in many forms

Dr Aamir Liaquat Husain, considered one of the kings of the Pakistan television industry, passed away on Thursday

Updated 09 Jun, 2022 05:53pm

Pakistan

FY23: World Bank projects economic slowdown in Pakistan, says growth will be 4%

Economy remains engulfed in various challenges, including a widening current account deficit and rise in debt payments

Updated 08 Jun, 2022 04:26pm

Pakistan

Experts react as Moody's downgrades Pakistan's outlook to negative

In a major development on the economic front, Moody's Investors Service (Moody's) cited increased external...

Published 02 Jun, 2022 09:12pm

Pakistan

IMF has called for a ‘tough budget’, but govt optimistic of agreement in June: Miftah

Despite lender's insistence, govt will not increase rate of personal income tax, says finance minister
Stresses that the biggest obstacle in way of programme revival was fuel subsidy

Updated 28 May, 2022 10:12pm

Pakistan

Political situation 'very toxic' for agreement on Charter of Economy: Shaukat Tarin

Former finance minister Shaukat Tarin said on Saturday that an agreement on a Charter of Economy – a broad ...

Published 28 May, 2022 07:59pm

Business & Finance

Auto financing for consumers: SBP reduces loan tenure as import bill bites

As the country battles a bulging import bill, the State Bank of Pakistan (SBP) reduced on Tuesday the consumer...

Published 24 May, 2022 02:30pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
Nasdaq / Nov 25	18,054.84
Dow Jones / Nov 25	44,736.57
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61
Hang Seng / Nov 26	19,174.25
FTSE 100 / Nov 26	8,253.38
Germany DAX 30 / Nov 26	19,284.47

Item	Value
Gold 10 Grams PKR / Nov 25	244,860.20
Petrol/Litre / Nov 26	248.38
Crude Oil USD/Barrel / Nov 26	69.17
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold Spot USD/Ounce / Nov 26	2,623.04
Diesel/Litre / Nov 26	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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