News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Shahid Guccha elected central chairman of PYMA

As per the PYMA announcement, for Sindh and Balochistan region Muhammad Farhan Ashrafi was elected as vice-chairman, whereas, Kamran Ali Magon, was elected as vice-chairman for Punjab and KPK region.

Published 24 Sep, 2020 03:33pm

Business & Finance

Ride-hailing app, Careem tells its employees to work from home indefinitely

The UAE based car hiring company has told its staff to work from home indefinitely in a new 'remote-first' plan.

Published 24 Sep, 2020 03:09pm

Business & Finance

CNG stations closure extended as gas crisis persists

The shutdown of CNG in Sindh including Karachi has been extended for another 24 hours after which the CNG stations which were supposed to open today will now be open tomorrow at 8 am.

Published 24 Sep, 2020 02:47pm

FATF Gray List: President ratifies Anti-Money Laundering Amendment Act 2020

With the ratification, Pakistan has fulfilled one of the major requirements of the Financial Action Task Force (FATF), as Anti-Money Laundering Amendment Bill has become a formal law.

Published 24 Sep, 2020 12:57pm

Business & Finance

Karachi’s power outage situation to improve from next year, says KE

The LNG power plant would come next year and this situation would not remain the same next year.

Published 24 Sep, 2020 11:39am

Business & Finance

Development of Pakistan’s maritime sector, essential for CPEC, says Naval chief

The Naval Chief said that the theme of World Maritime Day is "Stable Shipping for a Stable Planet", the international economy is largely dependent on shipping related activities, saying that nature has blessed Pakistan with more than one thousand kilometers of coastline.

Published 24 Sep, 2020 11:28am

Technology

ByteDance applies for tech export licence in China amid TikTok deal talks

The Beijing-based firm submitted the application to Beijing’s municipal commerce bureau and is awaiting a decision, it said in a statement

Published 24 Sep, 2020 10:55am

Technology

Golootlo and 1LINK enters into strategic partnership

The partnership will allow all new and existing PayPak customers of participating banks/issuers to avail year-round exclusive Golootlo deals and discounts at over 15,500 merchants in 130 cities nationwide.

Published 24 Sep, 2020 10:44am

Business & Finance

PM Khan to address UN on financial gaps

The 15-member panel was launched in March by the Presidents of UN General Assembly and UN Economic and Social Council.

Published 24 Sep, 2020 10:38am

Business & Finance

ECC approves removal of duties on selected items of textile sector

The advisor informed that notification will be issued after ratification by the Cabinet.

Published 23 Sep, 2020 01:57pm

Business & Finance

Jubilee Life Insurance grabs best Social Media Campaign at Pakistan Digital Awards 2020

The Pakistan Digital Awards have been recognizing the best in digital marketing campaigns and talent since 2017.

Updated 23 Sep, 2020 04:06pm

Business & Finance

Geopolitical tensions pushing China, India towards inward economy

The report said that an inward turn in economic policy was already underway in Asia before the arrival of the coronavirus (COVID-19), but the global disruption caused by the pandemic has accelerated this shift.

Published 23 Sep, 2020 01:01pm

Technology

Check out this Japanese lamp can kill coronavirus

With the development of a vaccine still under trial, a Japanese lighting company Oshio has found another solution to the problem and has developed a device that emits ultraviolet rays that can kill the COVID-19 virus without harming humans.

Published 23 Sep, 2020 12:23pm

Business & Finance

Unannounced loadshedding hits Karachi again

KE is of the view that the issue is due to low gas pressure that has adversely hit its generation capacity, as various areas suffer from 8 to 12 hours of load shedding.

Published 23 Sep, 2020 10:38am

Markets

Pakistan’s CAB turns into surplus for second consecutive month

SBP was of the view that efforts to attract workers’ remittances, flexible exchange rate and relatively benign import prices explain the improving current account balance.

Published 23 Sep, 2020 10:30am

Business & Finance

NHA plans to build new bridge to connect Karachi with Balochistan

Due to recent rains the flood relay damaged the extra support of the bridge pillars.

Published 22 Sep, 2020 03:38pm

Markets

Garment orders move to Pakistan, as COVID bites India, Bangladesh

However, the garment sector in the country is facing a severe shortage of yarn due to a shortage of cotton.

Published 22 Sep, 2020 02:16pm

Markets

After debt reduction, PSO to reap benefit in next quarter

As per details, PSO short term borrowings reduced from Rs 121.678 billion in FY19 to Rs 79.032 billion in FY20, signifying a debt decline of an impressive 35 percent.

Published 22 Sep, 2020 01:05pm

Business & Finance

PIA commences flight operations to Saudi Arabia from today

Due to the coronavirus pandemic, Saudi Aviation has limited PIA to 13 weekly flights.

Published 22 Sep, 2020 10:50am

Markets

SBP maintains interest rates at 7pc as business confidence, outlook for growth improves

The MPC of the SBP has kept the interest rates unchanged for the two months.
The MPC noted that compared to the time of the last meeting in June 2020, business confidence and the outlook for growth have improved.

Published 21 Sep, 2020 05:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	277.93
USD PKR Interbank Buying / Nov 28	278.13
USD to Japanese Yen / Nov 28	151.53
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.27
Euro to USD / Nov 28	1.05

Stock	Volume
S&P 500 / Nov 27	5,998.74
Nasdaq / Nov 27	19,060.48
FTSE 100 / Nov 27	8,274.75
Dow Jones / Nov 27	44,722.06
Germany DAX 30 / Nov 27	19,261.75
France CAC40 / Nov 27	7,143.03
India Sensex / Nov 28	79,455.91
Tokyo Nikkei / Nov 28	38,303.45

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17,685
Gold 10 Grams PKR / Nov 27	236,540
Petrol/Litre / Nov 28	248.38
Crude Oil USD/Barrel / Nov 28	68.72
Gold Spot USD/Ounce / Nov 28	2,635.70
Diesel/Litre / Nov 28	255.14

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular