News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Approved financing under TERF reach over Rs 222bn in Dec: SBP

This could be reflected by the increase in requested amount from Rs 36.1 billion by end April 2020 to Rs 517.4 billion by Dec 10, 2020.

Updated 16 Dec, 2020 01:06pm

Business & Finance

US’s Cargill Inc acquires 25pc shares of Fauji Akbar Portia Marine Terminal

This is Cargill's first investment into Pakistan, after the strategic intent announced in January 2019.

Published 16 Dec, 2020 11:36am

Business & Finance

Global demand for Pakistan’s goods rise, amid timely govt measures: Baqir

He said that as the global demand returns, the demand for Pakistani products is increasing which has lead to increase orders for our exporters.

Published 16 Dec, 2020 10:35am

Business & Finance

Japan provides Rs1.54bn to Pakistan to mitigate COVID-19 Impact

The agreement will help in the purchase of medical equipment, especially ventilators and oxygen cylinders.

Published 15 Dec, 2020 01:38pm

Business & Finance

Industry driving Pakistan’s Economic growth, says Azhar after LSMI output increase

"At a time when the global economy is in a deep recession, Industry is driving economic growth and recovery in Pakistan,” said Azhar

Published 15 Dec, 2020 01:08pm

Technology

TPL partners with DMC, provide Vehicle Monitoring & Fuel Management Services

Prior to this collaboration, TPL Trakker signed agreements with the Sialkot, Gujranwala, Multan and Faisalabad Waste Management Companies, as well as the DG Khan Municipal Company, all from Punjab. DMC Korangi is the first DMC in Sindh to undertake this initiative.

Updated 15 Dec, 2020 01:43pm

Business & Finance

Pakistan's LSMI Output Increase 6.6pc in October

Meanwhile, the overall output of LSMI increased by 5.46 percent for July-October 2020-21 as compared to July-October 2019-20.

Updated 15 Dec, 2020 12:53pm

Business & Finance

Pakistan's Millat to export 600 Tractors to Angola

The first consignment of 150 tractors has already been delivered.

Published 15 Dec, 2020 11:13am

Business & Finance

Preparations underway to increase POL rates by Rs 6

The Oil and Gas Regulatory Authority (OGRA) has sent a summary of the increase in prices of petroleum products to the Petroleum Division.

Published 15 Dec, 2020 10:36am

Business & Finance

Bullish wave hits PSX, KSE-100 crosses 43,000 pts

According to details, the KSE-100 Index increased by 795.82 points, showing a percentage change of 1.87pc, after 11 months crossed the 43,000 points limit to close at 43,266.22 points.

Published 14 Dec, 2020 04:42pm

Technology

Pakistani doctor develops instant COVID-19 Diagnostic test App

Raza Bashir Tarar hoped that clinical trials of the innovation would prove its efficacy for the COVID-19 test and pave the way for necessary approvals before put to use at the mass level.

Published 14 Dec, 2020 03:23pm

Business & Finance

NEPRA approves Power Tariff increase of Rs1.11 per unit

NEPRA informed that the Actual Fuel Charge Component for September 2020 was Rs 3.9548/kWh, whereas the Corresponding Reference Fuel Charge Component was Rs 2.8410/kWh.

Published 14 Dec, 2020 02:45pm

Business & Finance

Pakistan to establish Potato Development Council to enhance exports

The advisor informed that the Potato Development Council will formulate a long-term vision and policy for this sector.

Published 14 Dec, 2020 01:12pm

Business & Finance

Angry Indian workers attack iPhone factory

The workers alleged that they have not been fully paid for four months and are being forced to work overtime.

Published 14 Dec, 2020 12:02pm

Business & Finance

Roshan Digital Account: Daily inward Remittances set another Record

The inward remittances from overseas Pakistanis into RDA touched another daily high with inflows of $11.2 million on 11 December 2020.

Published 14 Dec, 2020 10:45am

Technology

Pakistan’s telemedicine platform successfully implements Tele-ICU software

“Tele-ICU is the need of the hour. We support Sehat Kahani and its partners in this great initiative as it aids in providing high-quality intensive care to patients in rural as well as urban areas.”

Published 14 Dec, 2020 10:32am

Business & Finance

US orders 100mn more doses of Moderna COVID-19 vaccine

As per details, the American pharmaceutical company Moderna has confirmed that the US government has decided to buy an additional 100 million doses of its COVID-19 vaccine.

Published 12 Dec, 2020 03:44pm

Business & Finance

PTI Govt conducting ‘highest’ external Debt Repayment & Servicing: Hammad

The federal minister said that the PTI government is conducting the highest external debt repayment and servicing ever done by any government

Published 12 Dec, 2020 01:49pm

Business & Finance

Car sales jump 48pc in November YoY

Indus Motor Company (IMC), Honda Car (HCAR) and Pak Suzuki Motor Company (PSMC) registered sales increase of 87% YoY, 72% YoY and 16% YoY respectively.

Published 12 Dec, 2020 12:11pm

Business & Finance

FBR confiscates smuggled cigarettes worth Rs 542mn

I&I Customs seized 6.7 million smuggled cigarette cartons worth up to Rs 542 million between July and November.

Published 12 Dec, 2020 11:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 27	277.03
USD PKR Interbank Buying / Nov 27	277.83
USD to Japanese Yen / Nov 27	151.96
USD to Swiss Franc / Nov 27	0.88
Pound Sterling to USD / Nov 27	1.26
Euro to USD / Nov 27	1.05

Stock	Volume
S&P 500 / Nov 26	6,021.63
Nasdaq / Nov 26	19,175.58
Dow Jones / Nov 26	44,860.31
India Sensex / Nov 27	80,416.35
Tokyo Nikkei / Nov 27	38,134.97
Hang Seng / Nov 27	19,595.16
FTSE 100 / Nov 27	8,261.85
Germany DAX 30 / Nov 27	19,236.54

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold 10 Grams PKR / Nov 26	239,716
Crude Oil USD/Barrel / Nov 27	69.12
Gold Spot USD/Ounce / Nov 27	2,647.32
Cotton US¢/pound / Nov 27	71.71
Petrol/Litre / Nov 28	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.48 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▼ 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)	68.52 ▼ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	125.50 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▼ 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)	11.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.48 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▲ 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)	68.52 ▲ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	125.50 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▲ 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)	11.82 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 28 K-Electric Limited(KEL)	101,636,133 ▲ 0.00
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	92,023,190 ▲ 0.00
Hascol Petrol / Nov 28 Hascol Petroleum Limited(HASCOL)	73,320,431 ▲ 0.00
Fauji Foods Ltd / Nov 28 Fauji Foods Limited(FFL)	54,116,789 ▲ 0.00
Sui South Gas / Nov 28 Sui Southern Gas Company Limited(SSGC)	54,088,119 ▲ 0.00
Treet Battery / Nov 28 Treet Battery Limited(TBL)	49,797,748 ▲ 0.00
Pace (Pak) Ltd. / Nov 28 Pace (Pakistan) Limited(PACE)	47,465,434 ▲ 0.00
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	44,206,223 ▲ 0.00
Cnergyico PK / Nov 28 Cnergyico PK Limited(CNERGY)	34,058,498 ▲ 0.00

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