News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Wheat crisis in Sindh: Price of flour jumps to Rs 65-70 per kg

In the open market, the price of wheat has gone up to Rs 52 per kg, which was Rs 35-36 per kg last year.

Published 13 Aug, 2020 01:53pm

Technology

Pakistani researchers from LUMS among winners of Facebook misinformation project

Among the global list of winners are Agha Ali Raza and Ihsan Ayyub Qazi from Lahore University of Management Sciences (LUMS), whose proposal shone during the competitive selection process.

Updated 15 Aug, 2020 01:13pm

Markets

GIDC Case: Supreme Court orders companies to pay Rs 417 billion

The panel rejected the petitions in a 2-1 verdict, ordering the companies to pay the Gas Infrastructure Development Cess.

Updated 17 Aug, 2020 12:48pm

Business & Finance

How to travel on BRT Peshawar?

The track of BRT Peshawar is 27 km long on which 220 air-conditioned buses will run.
There are two routes of seven and thirty-one stops for the convenience of the public and the initial fare of the bus is only Rs10.

Updated 13 Aug, 2020 02:13pm

Business & Finance

European Air Safety Agency rejects PIA appeal

The extension in the ban is conditional on Pakistan's civil aviation measures.

Published 13 Aug, 2020 10:51am

Business & Finance

Govt introduce strict measures in Anti-Terrorism (Amendment) Bill 2020

According to the bill, banned organizations and their affiliates will be barred from providing loans or financial assistance.
Bank or financial institution will not be able to issue credit cards to the prohibited person.

Published 12 Aug, 2020 04:13pm

Business & Finance

OGRA grants permanent marketing license to Hascol

“This is a great milestone achieved by the company and its management during these challenging times,” said HPL in its filing to the bourse on Wednesday.

Published 12 Aug, 2020 03:46pm

Business & Finance

Govt records budget deficit of Rs3.376tn for FY2019-20

The FBR's collection stood at Rs3.998 trillion, the tax collector failed to achieve its Rs5.5 trillion annual tax collection target.

Published 12 Aug, 2020 02:36pm

NA passes Anti-Terrorism (Amendment) bill, 2020

Naseem said whitening the economy and checking terror financing is important to take the country forward on the path of development.

Updated 12 Aug, 2020 04:12pm

Business & Finance

PIA announces four flights for stranded Pakistanis in France

Flights will be operated between August 15 and 30 to bring back Pakistanis stranded in France, owing to lockdowns imposed due to coronavirus pandemic.

Published 12 Aug, 2020 11:13am

Business & Finance

After Etihad, Qatar Airways ramps up flight operations for Pakistan

The airline now operates 49 weekly flights to four gateways in Pakistan i.e. Islamabad, Karachi, Lahore and Peshawar with its Boeing 787 and A350 aircraft.

Published 12 Aug, 2020 10:41am

Technology

TPL Trakker, Bykea partners to improve Mobile Application

TPLT will be integrating its state of the art Location Based Service Application Programming Interface with Bykea’s all-in-one Mobile Application.

Published 11 Aug, 2020 03:40pm

Business & Finance

Dolmen City waives off rentals as COVID pandemic persists

These measures will provide essential cash flow relief to tenant partners already affected by the closure of the business.

Published 11 Aug, 2020 02:55pm

Markets

UAE port and logistics giant keen to invest in Pakistan

The interest was shown by a UAE delegation headed by Mohammed Al-Muallem, Managing Director of a UAE company, DP World.

Published 11 Aug, 2020 01:40pm

Business & Finance

Toshiba to no longer manufacture laptops and computers

Toshiba introduced its first T1100 laptop in 1985, which weighed 4 kg and had a 3.5-inch floppy disk.

Published 11 Aug, 2020 12:18pm

Business & Finance

Pakistan’s ‘Look Africa Policy’ shows impressive results despite COVID-19

Pakistan’s exports to Malawi grew by a whooping 1254pc from just $0.093mn in 2019 to $1.266mn in 2020.

Published 11 Aug, 2020 11:56am

Business & Finance

Tourism sector opened owing to govt effective policies against COVID, says Bukhari

He said that the tourism sector in Pakistan has been reopened but its continuity depends on the behavior of the people who should continue to take precautionary measures against the coronavirus.

Published 11 Aug, 2020 10:58am

Business & Finance

Emirates increases passengers services in Pakistan

Emirates will now offer customers 53 weekly flights to Pakistan, which will increase to 60 weekly flights starting 16 August.

Published 10 Aug, 2020 04:43pm

Business & Finance

SBP enhances loan limits, expands relief measures to promote low cost housing finance

SBP was of the view that the decision to increase the limit of housing finance loans has been made as the existing loan limit was insufficient to promote low cost housing finance through MFBs.

Published 10 Aug, 2020 04:23pm

Business & Finance

Omar Ayub warns of gas shortage in coming winters

A meeting of the Senate Standing Committee on Petroleum was held under the chairmanship of Senator Mohsin Aziz in which the issue of gas distribution in the provinces was discussed.

Published 10 Aug, 2020 01:24pm

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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