News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Technology

Mondia to power Pakistan’s telco gaming platform

The dedicated gaming platform will be available as a web portal - countering barriers of legacy devices, as well as an app for smartphone users. Mondia will deploy the latest portal and application.

Published 10 Feb, 2021 02:08pm

Business & Finance

SBP says not directed banks to charge on ATM balance inquiry

This comes after reports made rounds that the central bank has directed banks to deduct Rs2.5 on each transaction or balance inquiry.

Published 10 Feb, 2021 01:20pm

Business & Finance

Pakistan aims to save Rs 836bn after renewed agreements with IPPs

The minister said the circular debt included Rs 600 billion owed to independent power producers and Rs 700 billion to the public sector generation companies.

Published 10 Feb, 2021 11:36am

Business & Finance

State Bank approved financing under TERF reaches Rs374bn

TERF has shown significant growth over the last ten months as reflected by increase in requested amount from Rs 36.1 billion by end April 2020 to Rs 687.4 billion by Jan 28, 2021.

Published 10 Feb, 2021 10:47am

Technology

PTA urges Twitter to review its ‘biased approach’ towards Pakistani users

As per PTA, the authority has received 369 complaints from users regarding blocking/suspension of their Twitter accounts.
After analysis, PTA reported 280 valid accounts/ handles ostensibly suspended for posting in support of the rights of people of IOJ&K.

Published 10 Feb, 2021 10:23am

Business & Finance

COVID propels Asia’s real estate giants to invest in property technology

"Change was underway well before 2020, but COVID-19 has heightened the urgency and amplified the risks of inaction."

Published 09 Feb, 2021 03:06pm

Business & Finance

NEPRA to conduct KE Hearing; Electricity price hike in the offing

As per details, KE has requested NEPRA to increase the price of electricity for four months and reduce it for three months for monthly Fuel Charges Adjustments.

Published 09 Feb, 2021 02:16pm

Business & Finance

NBP branches in Bangladesh, Afghanistan to be closed

The meeting was informed that 23 branches of the bank were established in various countries.

Published 09 Feb, 2021 12:40pm

Technology

Just after GameStop frenzy, Reddit raises over $250mn in funding

“We have raised more than $250 million in Series E funding from existing and new investors. We decided that now was the right opportunity to make strategic investments in Reddit including video, advertising, consumer products, and expanding into international markets,” the company announced in a blog post.

Published 09 Feb, 2021 12:16pm

Business & Finance

Tethyan Copper Company legal team to visit Pakistan

the Civil Aviation Authority allowed the legal team to visit Pakistan and at the request of the Attorney General's Office, the Director Air Transport issued the permit.

Published 09 Feb, 2021 10:39am

Business & Finance

GSK Consumer Health Pakistan appoints Farhan Muhammad Haroon as CEO

*The company informed that the incoming Farhan Muhammad Haroon will assume the charge of the company effective 1 April 2021.

Published 08 Feb, 2021 04:58pm

Technology

As WhatsApp slides, Telegram becomes the most downloaded app globally

Recently, the mobile app rating company Sensor Tower released its latest report, according to which the mobile chat application Telegram has gone on to become the most downloaded non-gaming app in the world in the first month of 2021.

Published 08 Feb, 2021 04:14pm

Business & Finance

Eyeing trade potential, MoC to hold ‘Silk Route Connect’ Conference at Uzbekistan

The advisor informed that the conference will be held this year in summer and will be planned by Trade Development Authority of Pakistan (TAP).

Updated 08 Feb, 2021 03:59pm

Business & Finance

PM Khan directs economic team to reduce taxes on imported edible items

Prime Minister also directed the economic team to furnish recommendations to bring down taxes on the imported edible items.

Published 08 Feb, 2021 02:26pm

Technology

These robots can deliver COVID-19 results in 80 minutes

The robot was developed by the Japanese company industrial giant Kawasaki, while the Japanese Minister of Health inspected the robots and obtained details from experts.

Published 08 Feb, 2021 12:54pm

Business & Finance

Punjab govt to build Small, Intermediate dams in the province

These dams will be able to store the most water after Mangla, Tarbela, she said.

Published 08 Feb, 2021 12:11pm

Business & Finance

PSO refutes reports, says not shifting Head Office to Islamabad from Karachi

“Pakistan State Oil would like to refute the news circulating on social media about its head office shifting to Islamabad. We will continue to run our operations from Karachi,” stated PSO in a statement on Monday.

Updated 08 Feb, 2021 12:37pm

Business & Finance

Over Rs 1.7bn profits earned on Diamer Bhasha Dam Fund

More than Rs. 155.7 million has been deposited in this account by four major cellular companies of the country.

Published 08 Feb, 2021 10:32am

Technology

Instagram latest feature allows users retrieve deleted posts

According to details, this new feature of Instagram was rolled out last week to users around the world, which allows users to retrieve deleted posts.

Published 06 Feb, 2021 04:05pm

Business & Finance

Govt to sign new agreement with IPP’s: Hafeez Shaikh

On issues revolving the power sector, he said that "there is a lot of focus on the power sector."

Published 06 Feb, 2021 01:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 28	279.70
USD PKR Interbank Buying / Feb 28	279.50
USD to Japanese Yen / Feb 28	150.63
USD to Swiss Franc / Feb 28	0.90
Pound Sterling to USD / Feb 28	1.26
Euro to USD / Feb 28	1.10
UK LIBOR % / Feb 28	4.96

Stock	Volume
S&P 500 / Feb 28	5,954.50
India Sensex / Feb 28	73,198.10
Tokyo Nikkei / Feb 28	37,155.50
Nasdaq / Feb 28	18,847.28
Hang Seng / Feb 28	22,941.32
FTSE 100 / Feb 28	8,809.74
Dow Jones / Feb 28	43,840.91
Germany DAX 30 / Feb 28	22,551.43
France CAC40 / Feb 28	8,111.63

Item	Value
Crude Oil USD/Barrel / Feb 28	69.76
Karachi Cotton PKR/37.32 KG / Feb 28	17,785
Gold 10 Grams PKR / Feb 28	257,639
Gold Spot USD/Ounce / Feb 28	2,857.83
Cotton US¢/pound / Feb 28	65.25
Petrol/Litre / Mar 2	255.63
Diesel/Litre / Mar 2	258.64

Gainers
Losers
Leaders

Stock	Price
Beco Steel Ltd / Feb 28 Beco Steel Limited(BECO)	9.60 ▲ 1 (11.63%)
Merit Packaging / Feb 28 Merit Packaging Limited(MERIT)	10.59 ▲ 1 (10.43%)
Internationl Packaging Films / Feb 28 Internationl Packaging Films Limited(IPAK)	22.28 ▲ 2.03 (10.02%)
The Thal Ind.Corp. / Feb 28 The Thal Industries Corporation Limited(TICL)	424.64 ▲ 38.6 (10%)
S.S.Oil / Feb 28 S.S.Oil Mills Limited(SSOM)	88.33 ▲ 8.03 (10%)
Sanghar Sugar / Feb 28 Sanghar Sugar Mills Limited(SANSM)	49.60 ▲ 4.51 (10%)
Khyber Tobacco / Feb 28 Khyber Tobacco Company Limited(KHTC)	302.01 ▲ 27.46 (10%)
Fateh Sports / Feb 28 Fateh Sports Wear Limited(FSWL)	85.72 ▲ 7.79 (10%)
AGP Limited / Feb 28 AGP Limited(AGP)	189.72 ▲ 17.25 (10%)
Power Cem(Pref) / Feb 28 Power Cement (Pref)(POWERPS)	14.11 ▲ 1.28 (9.98%)

Stock	Price
First Elite Cap.Mod / Feb 28 First Elite Capital Modaraba(FECM)	7.40 ▼ -0.97 (-11.59%)
Kohinoor Energy / Feb 28 Kohinoor Energy Limited(KOHE)	22.59 ▼ -2.51 (-10%)
Dadex Eternit / Feb 28 Dadex Eternit Limited(DADX)	73.05 ▼ -8.12 (-10%)
EMCO Industries / Feb 28 Emco Industries Limited(EMCO)	25.66 ▼ -2.85 (-10%)
Pak Datacom / Feb 28 Pak Datacom Limited(PAKD)	94.84 ▼ -10.53 (-9.99%)
At-Tahur Ltd. / Feb 28 At-Tahur Limited(PREMA)	29.56 ▼ -3.28 (-9.99%)
Trust Sec.& Brok. / Feb 28 Trust Securities & Brokerage Limited(TSBL)	11.58 ▼ -1.27 (-9.88%)
Data Agro / Feb 28 Data Agro Limited(DAAG)	88 ▼ -9.64 (-9.87%)
S.G.Power / Feb 28 S.G. Power Limited(SGPL)	9.12 ▼ -0.98 (-9.7%)
Dewan Textile / Feb 28 Dewan Textile Mills Limited(DWTM)	7.70 ▼ -0.76 (-8.98%)

Stock	Volume
Cnergyico PK / Feb 28 Cnergyico PK Limited(CNERGY)	71,837,021 ▼ -0.21
Pak Int.Bulk / Feb 28 Pakistan International Bulk Terminal(PIBTL)	51,942,475 ▲ 0.64
WorldCall Telecom / Feb 28 Worldcall Telecom Limited(WTL)	42,417,350 ▼ -0.04
National Bank / Feb 28 National Bank of Pakistan(NBP)	27,430,703 ▲ 3.96
GhaniGlobalGlass / Feb 28 Ghani Global Glass Limited(GGGL)	21,659,838 ▼ -0.15
At-Tahur Ltd. / Feb 28 At-Tahur Limited(PREMA)	17,624,004 ▼ -3.28
Maple Leaf Cement / Feb 28 Maple Leaf Cement Factory Limited(MLCF)	16,353,261 ▲ 2.21
Sui North Gas / Feb 28 Sui Northern Gas Pipelines Limited(SNGP)	15,824,842 ▲ 1.11
Sui South Gas / Feb 28 Sui Southern Gas Company Limited(SSGC)	14,522,331 ▼ -0.7
B.O.Punjab / Feb 28 The Bank of Punjab(BOP)	13,562,631 ▼ -0.09

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