News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Mari Petroleum discovers gas in Sindh

Iqbal-1 well was spud-in on July 11, 2020 and successfully drilled down to the depth of 1,250 meters into Sui Main Limestone Formation.

Published 22 Aug, 2020 03:16pm

Business & Finance

Pharma co’s decide not to increase drug prices

Accordingly, all medicines will remain available at old prices in the first quarter of this financial year.

Published 22 Aug, 2020 01:17pm

Business & Finance

Govt rejects reports, says Port Qasim operations running smoothly

The minister further said that his ministry has directed PQA to write to PEMRA against the private channel.

Updated 22 Aug, 2020 01:57pm

Business & Finance

ECC ratifies taxes at import stage of sugar

Minister for Industries and Production Hammad Azhar said that the ratification will facilitate the private sector imports, improve domestic stocks and stabilise prices.

Published 22 Aug, 2020 10:43am

Technology

Telenor, National Highways comes together for adoption of latest technologies

There has been accelerated digitalization of governance bodies particularly law enforcement across the world in the past few years.

Published 21 Aug, 2020 03:36pm

Business & Finance

Samsung keen to set up assembly plant in Pakistan

The minister informed Samsung officials appreciated both policies and are now actively considering setting up a smartphone assembly plant in Pakistan.

Published 21 Aug, 2020 02:42pm

Technology

Easypaisa joins hands with RCCI to facilitate Digital Transactions

Through this agreement, RCCI Member Registration, Membership Renewal, Visa Letter, Certificate of Origin, and Letter of Attestation fees along with all kinds of donations can be paid directly through Easypaisa.

Published 21 Aug, 2020 02:19pm

Business & Finance

FBR unearths tax evasion of Rs 4.36bn

Director Intelligence and Investigation IR Lahore has raided a food manufacturing unit and caught a case of tax evasion and tax fraud.

Published 21 Aug, 2020 12:46pm

Markets

S&P Global affirms Pakistan’s long-term outlook ‘stable’

The stable outlook reflects the agency’s expectations that donor and partner financing will ensure that Pakistan can meet its external obligations over the next 12 months and that the country will continue to roll over its commercial credit lines.

Published 21 Aug, 2020 12:18pm

Markets

Pakistan economy showing signs of recovery as COVID weakens, says Hafeez Sheikh

Sheikh added that international rating bodies including Moody's have also acknowledged stability returning to various sectors of the economy.

Published 21 Aug, 2020 11:56am

Technology

Pakistan slams Facebook for treating its users differently

MoIT in a statement urged Facebook to explain why there is a difference in its policies for Pakistani and Indian users.

Published 21 Aug, 2020 11:27am

Business & Finance

Pakistan FDI jumps 60.8pc in July: SBP

China was the biggest investor with $27.1mn in July 2020, as compared to the net outflow of $17.4mn it invested in the same period last year.

Published 20 Aug, 2020 02:03pm

Technology

BlackBerry to enter market with a keyboard smartphone

BlackBerry has not launched a smartphone since 2018, but now the company has decided to return soon with a new 5G smartphone.

Published 20 Aug, 2020 01:08pm

Technology

Punjab launches “Baldia Online” app to provide Local government services online

Using his application the citizens may now report birth, death, marriage, and divorce online.

Published 20 Aug, 2020 12:22pm

Markets

How much GIDC will each company pay? As govt orders to initiate recovery

These sectors collected Rs295.4 billion during the last ten years whereas the outstanding amount against them is Rs456.946 billion.

Published 20 Aug, 2020 11:49am

Markets

Which country got the most gold reserves, how much gold does Pakistan have?

The World Gold Council has released a list of the countries in the world that have the largest gold reserves.

Published 19 Aug, 2020 04:31pm

Business & Finance

FBR directs Tier-I retailers to integrate with Point of Sale system by 31st August

FBR has warned that the last date for such integration is 31st August 2020 and afterward those who failed to integrate would be imposed a penalty up to Rs1 million and if the offense continued, the business premises of such a retailer shall be sealed.

Published 19 Aug, 2020 02:58pm

Business & Finance

Pakistan allows export of N-95 & surgical masks

“Alhamdulillah, the Cabinet has allowed export of N-95 & Surgical masks,” said Dawood in a tweet.

Published 19 Aug, 2020 01:58pm

Business & Finance

Pakistan should implement national single window system, PCS, urges ADB

The report also called to develop TIR parks close to high-traffic BCPs.

Published 19 Aug, 2020 12:30pm

Technology

Apple removes thousands of games from its China’s App Store

Chinese partnership is required to run foreign app stores in China, but Apple is the only company that manages the app store on its iPhone.

Published 19 Aug, 2020 11:51am

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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