News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Pakistan

Punjab to build four dams at Koh-e-Sulaiman River

Chief Minister Usman Bazdar gave the approval to start preliminary work on four small dams.

Updated 01 Sep, 2020 01:13pm

Business & Finance

PM approves Karachi related projects, says Umar

He said that he had talked to the Sindh government on projects and areas including water supply, sanitation, sewerage, transport, and roads.

Published 01 Sep, 2020 12:29pm

Business & Finance

After torrential rains onion shortage to hit in coming days

Asif said that vegetables that are arriving are deteriorating quickly due to water.

Published 01 Sep, 2020 11:59am

World

COVID-19 pushes India’s economy to record slump

As per the data released by the Indian government, the massive contraction by almost a quarter in GDP numbers is mainly due to closure of business activity during the quarter owing to nationwide lockdowns imposed by the government to curb the spread of the deadly coronavirus.

Published 01 Sep, 2020 11:24am

Business & Finance

NEPRA urges govt to take early decision on the fate of inefficient GENCOs

The Regulator in its latest report The State of Industry 2019 considers that inefficient power plants are needed to be retired on a top priority.

Updated 01 Sep, 2020 10:33am

Markets

Pakistani Rupee recovers against greenback, as US Dollar drops globally

As per details, the USD is currently trading at Rs166.60 against the PKR at the interbank forex market, informed currency dealers.

Published 31 Aug, 2020 04:22pm

Business & Finance

Another POL bomb in the offing

After the approval of Prime Minister Imran Khan, the new prices will be applicable from September 1.

Published 31 Aug, 2020 02:48pm

Business & Finance

State of Industry Report 2019: KE performance remains unsatisfactory in 2018-19

As per the report, the installed capacity of KE’s own generation fleet during FY 2018-19 has been noted as 2,294 MW same as compared to FY 2017-18.

Published 31 Aug, 2020 02:31pm

Business & Finance

Punjab prepares biometric system for property sale, purchase

With the upcoming biometric project of the Revenue Department of Punjab, citizens, landowners will be able to buy and sell property from the comforts of their home without going to the property registration (registrar) offices using the modern biometric system.

Published 31 Aug, 2020 01:39pm

Pakistan

Spillways of Mangla, Rawal dams opened amid rains

As per details, the water level in Mangla Dam has reached 1241.30 feet while the storage capacity is 1242 feet.

Published 31 Aug, 2020 01:01pm

Business & Finance

Federal cabinet to determine criteria and timing for airports outsourcing

Under the 14-point agenda of the meeting, the Cabinet will also be briefed on the import of wheat and sugar.

Updated 31 Aug, 2020 12:38pm

Technology

Facebook India executive under fire for promoting Modi’s BJP on employees group

Ankhi Das, Facebook India executive also detailed efforts to help the party win the 2014 national election, the Wall Street Journal said in its latest report.

Published 31 Aug, 2020 11:34am

Business & Finance

OGDCL discovers Hydrocarbon reserves at Kohat

The Joint Venture of Baratai Block comprising OGDCL as operator (97.5%) and Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) (2.5%) has discovered Gas & Condensate from its exploratory Well Siab-1, announced the company on Friday.

Published 28 Aug, 2020 04:08pm

Business & Finance

FBR directs officials to curb smuggling of food items

The Prime Minister has taken a serious notice of the shortage of food items i.e. wheat/wheat flour, sugar, maize, maida, poultry, fresh fruits, vegetables, and livestock, etc. in the country.

Published 28 Aug, 2020 03:01pm

Markets

Pakistan's largest steel manufacturer incorporates IlL Construction Solutions

The company was of the view that this investment would ultimately result in conserving foreign exchange, bring forth economic growth and sustainability.

Published 28 Aug, 2020 12:57pm

Technology

Pakistan becomes first South Asian country to switch to electric buses

In the first phase, Skywell Automobiles will provide its electric buses for the Pakistan market.

Published 28 Aug, 2020 12:35pm

Business & Finance

Most parts of Karachi suffers power outages as KE urges public to cooperate

24 hours have passed since the power outage in Quaidabad, Gulshan-e-Bunir, Gulshan-e-Hadid, and Gulshan-e-Maymar, power is off in Gulistan-e-Jauhar Block 19, Gulshan-e-Iqbal 13D, 13C as well.

Updated 28 Aug, 2020 02:49pm

Pakistan

PTA approaches YouTube to immediately block vulgar content in Pakistan

PTA said that it has approached YouTube to immediately ensure blocking of objectionable content and to prevent the usage of its platform for disseminating such content.

Published 28 Aug, 2020 11:40am

Business & Finance

US bars its citizens living in Pakistan from traveling through PIA

US embassy and consulate officials should not travel to the United States on any Pakistani airline, read the guidelines.

Updated 27 Aug, 2020 01:34pm

Business & Finance

CPEC Projects: Over 1,100 job vacancies opened for Shanghai Electric

Bajwa said that locals will be preferred in these jobs subject to the criteria and their qualifications.

Updated 27 Aug, 2020 12:22pm

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
Dow Jones / Nov 27	44,722.06
India Sensex / Nov 28	79,455.91
Tokyo Nikkei / Nov 28	38,303.45
Hang Seng / Nov 28	19,368.83
FTSE 100 / Nov 28	8,289.96
Germany DAX 30 / Nov 28	19,381.32

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

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