News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

These are the top export destinations of Pakistan

Pakistan exports to US during July-August of the ongoing fiscal witnessed a fall of 6pc, from $714.63mn of exports in the corresponding months in 2019 to $671.75mn in the ongoing period.

Published 29 Sep, 2020 11:32am

Markets

KSE-100 Index drops over 900 points, amid Shehbaz Sharif arrest

The KSE 100 Index stood at 40,740.95 points dropping by 960.28 points, showing a percentage change of negative 2.3 percent.

Published 28 Sep, 2020 04:24pm

Technology

How much the upcoming iPhone 12 will cost?

With regards to the iPhone 12, leaks are coming out every day, while it is also being said that Apple will launch the iPhone 12 on October 13, 2020.

Published 28 Sep, 2020 03:15pm

Business & Finance

SBP introduces modification in cloud-based outsourcing arrangements for FIs

The Board IT Committee shall approve all cloud-based outsourcing arrangements in line with the policy approved by the board.

Published 28 Sep, 2020 12:22pm

Markets

Govt launches markup subsidy scheme for farmers to mitigate COVID impact

Under the scheme, the government would bear a markup 10pc on agricultural loan for Fiscal Year 2020-21 i.e. July 1, 2020 to June 30, 2021 and individual farmer shall bear balance mark up as per agreed terms.

Published 28 Sep, 2020 11:52am

Business & Finance

Chairman CPEC urges investors to finance Faisalabad’s Medical City

Bajwa added that Special Economic Zones (SEZs) are our future for enhancing exports, import-substitution, and job creation.

Published 28 Sep, 2020 11:04am

Business & Finance

Saudi Arabia sends world’s first shipment of Blue Ammonia to Japan

Some 40 tons of high-grade blue ammonia already dispatched for use in zero-carbon power generation, a successful demonstration of the supply network from Saudi Arabia to Japan.

Published 28 Sep, 2020 10:21am

Business & Finance

KSA allows entry of Pakistani travelers with valid visas

However, travel is subject to a negative PCR test, which needs to be conducted not later than 48 hours before arriving in Saudi Arabia.

Published 26 Sep, 2020 03:02pm

Business & Finance

FinCEN Files: Dozens of Indian banks involved in massive money laundering

Coming back to India, banks i.e. Punjab National Bank, Kotak Mahindra Bank, HDFC Bank, Kanara Bank, Indusland Bank were also included in the list of money launderers.

Published 26 Sep, 2020 12:29pm

Technology

PTA approaches TikTok to immediately block objectionable content

“PTA has done so keeping in view the negative effects of indecent/immoral/nude content available on the platform,” the regulator said in a statement.

Published 26 Sep, 2020 11:44am

Business & Finance

Dawood urges women entrepreneurs to avail SBP scheme for inclusive economic development

The advisor said that female entrepreneurs should approach the central bank for their business financing needs, as SBP has a scheme specifically for this purpose.

Published 26 Sep, 2020 11:19am

Markets

HBL gets central bank approval to inject Rs500mn in its subsidiary

The bank informed that it has received approval from the State Bank of Pakistan (SBP) on its proposal for undertaking an equity injection.

Published 26 Sep, 2020 11:00am

Business & Finance

Pakistan economy undergoes V-shaped recovery amid smart lockdown success, says Azhar

Apart from COVID, if we compared the industrial figures in this fiscal, it has shown a lot of improvement as compared to the previous year, said Azhar.

Published 25 Sep, 2020 04:09pm

Business & Finance

Punjab govt issues Sugar Factories Amendment Ordinance, 2020

Under the amended ordinance, delay in payment of farmers' dues and the illegal deduction will result in imprisonment for 3 years and a fine of Rs 5 million.

Updated 25 Sep, 2020 03:39pm

Business & Finance

Passengers now required to install Pass Track App under CAA's new SOPs

Passengers shall be required to install Pass Track App downloadable from the google play store and the apple store.

Updated 25 Sep, 2020 02:40pm

Business & Finance

WB approves $450mn for Pakistan’s renewable transition

The transition would allow Pakistan to reduce its reliance on fossil fuel imports and lower costs of electricity production.

Published 25 Sep, 2020 12:47pm

Business & Finance

Water bottle mogul dethrones Jack Ma as China’s richest man

Zhong Shanshan has become the richest man in China with a net worth of USD 58.7 billion.

Published 25 Sep, 2020 12:29pm

Business & Finance

Gig Economy: How to break into a new market

Freelancers should also learn to utilize social media to its maximum, as it can be use as a great marketing tool.

Published 25 Sep, 2020 11:58am

Business & Finance

Saudi govt grants special permission to PIA, as aqama deadline nears

With an increase in the number of flights PIA will be able to transport 25,500 passengers from Pakistan before the 30th of this month which is the deadline for many ensuring their presence in the kingdom.

Published 24 Sep, 2020 04:38pm

Business & Finance

Utility Stores raised rates of various household items

As per details, a notification has been issued to increase the prices of items at utility stores with immediate effect.

Published 24 Sep, 2020 04:07pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 27	277.03
USD PKR Interbank Buying / Nov 27	277.83
USD to Japanese Yen / Nov 27	151.50
USD to Swiss Franc / Nov 27	0.88
Pound Sterling to USD / Nov 27	1.27
Euro to USD / Nov 27	1.06

Stock	Volume
S&P 500 / Nov 27	5,998.74
India Sensex / Nov 27	80,234.08
Tokyo Nikkei / Nov 27	38,295.13
Nasdaq / Nov 27	19,060.48
Hang Seng / Nov 27	19,679.96
FTSE 100 / Nov 27	8,274.75
Dow Jones / Nov 27	44,722.06
Germany DAX 30 / Nov 27	19,261.75

Item	Value
Crude Oil USD/Barrel / Nov 27	68.65
Karachi Cotton PKR/37.32 KG / Nov 27	17,685
Gold 10 Grams PKR / Nov 27	236,540
Gold Spot USD/Ounce / Nov 27	2,627.35
Cotton US¢/pound / Nov 27	71.75
Petrol/Litre / Nov 28	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.54 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	615 ▼ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	69.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	132.35 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	992.51 ▼ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	12.20 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.54 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	615 ▲ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	69.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	132.35 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	992.51 ▲ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	12.20 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	114,966,225 ▲ 0.00
Hascol Petrol / Nov 28 Hascol Petroleum Limited(HASCOL)	106,286,630 ▲ 0.00
K-Electric Ltd. / Nov 28 K-Electric Limited(KEL)	91,200,956 ▲ 0.00
Fauji Foods Ltd / Nov 28 Fauji Foods Limited(FFL)	54,248,949 ▲ 0.00
Bank Makramah / Nov 28 Bank Makramah Limited(BML)	37,218,539 ▲ 0.00
Pace (Pak) Ltd. / Nov 28 Pace (Pakistan) Limited(PACE)	35,016,136 ▲ 0.00
Sui South Gas / Nov 28 Sui Southern Gas Company Limited(SSGC)	30,887,483 ▲ 0.00
Cnergyico PK / Nov 28 Cnergyico PK Limited(CNERGY)	29,932,157 ▲ 0.00
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	26,219,598 ▲ 0.00

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