News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Markets

Roshan Digital Accounts gaining foothold among Non- Resident Pakistanis

The figures were shared at a webinar hosted by Pakistan High Commission Ottawa and Consulate General of Pakistan Toronto.

Updated 06 Nov, 2020 09:12pm

Business & Finance

Reko Diq Case: NAB unearths corruption to the tune of billions

In a statement, the spokesperson revealed that serious irregularities were also found in the allotment of land and other matters by the officials of the finance department, and the accused also confessed to taking financial benefits in this regard.

Published 05 Nov, 2020 11:11am

Business & Finance

Pakistan’s economy ‘on path to recovery’ as world battles COVID

He added that “Big electricity price cut for industry will further accelerate industrial growth particularly for SME's.”

Published 04 Nov, 2020 03:39pm

Business & Finance

General Tyre and Rubber PAT grew exponentially amid drop in financial cost

As per the company’s financial statements, the PAT of the company profit after tax for the quarter was Rs.126.0 million as compared to PAT of Rs.15.9 million reported in the same period last year.

Published 04 Nov, 2020 02:28pm

Business & Finance

Dawood urges Exporters & Industrialists to avail the Industrial Support Package

“It was a long standing demand of our industry that our energy tariff be made competitive in order to reduce their cost of doing business. This demand has now been met,” said Dawood in a tweet post on Wednesday.

Published 04 Nov, 2020 01:27pm

Markets

USD decline continues against PKR as United States count votes

As per details, at the interbank market, US dollar value declines by 20 paisas against the Pakistani rupee, and the new value of the dollar came to 159 rupees 75 paise on Wednesday.

Updated 06 Nov, 2020 09:20pm

Technology

TPL Trakker Launches TrakkerPro a First in Stolen Vehicle Recovery

For the first time in Pakistan, TrakkerPro customers will get the cash equivalent of the value of their car if, due to unforeseen circumstances, the Company is unable to recover their stolen car.

Published 04 Nov, 2020 10:28am

Business & Finance

Govt power relief package to make Pakistan industry globally competitive: Azhar

He said the package will make Pakistan's industry competitive in the world market.

Published 03 Nov, 2020 04:49pm

Business & Finance

Industrialist urges Govt to announce long-term policy for manufacturing sector

The incumbent government of Pakistan Tehreek-e-Insaf (PTI) also announced a special package targeting the construction sector.

Published 03 Nov, 2020 02:57pm

Technology

What is iPhone 12 latest feature, all about ?

As per media reports, the new iPhone 12 has a "Le DAR" sensor that can scan people through a camera and accurately measure their height to see how tall a person is.

Published 03 Nov, 2020 01:28pm

Markets

Bulls return to PSX, KSE-100 Index crosses 40,000 mark

At intra-day, the KSE-100 Index stood at 40,085.25 points showing a positive change of 973.07 points and a percent change of 2.49 percent.

Updated 03 Nov, 2020 05:02pm

Business & Finance

Pakistan, ADB inks $2mn grant agreement for COVID-19 Emergency Response

Speaking on the occasion, Country Director Asian Development Bank Xiaohong Yang reaffirmed support for the government's development vision and people-centric growth policies.

Updated 03 Nov, 2020 02:07pm

Markets

China’s 'digital yuan' moving smoothly with millions of transactions

The PBOC made the decision to issue 10 million yuan ($1.5 million) worth of digital currency to 50,000 people chosen by a lottery in the country's first trial run of its cashless payment system.

Published 03 Nov, 2020 11:11am

Business & Finance

Customer complaints against banks rise significantly

According to the spokesperson of the Banking Mohtasib, during the period from January 1, 2020 to September 30, 2020, 19,028 complaints were received from the public, which is 50.7 percent more than the same period last year.

Published 03 Nov, 2020 10:54am

Business & Finance

Pakistan exports back on Pre-COVID track, crosses $2bn in Oct: Dawood

“This is despite the contraction in our major markets due to COVID-19 and the uncertainty created by the recent resurgence of the COVID-19 pandemic,” he added.

Published 02 Nov, 2020 03:21pm

Business & Finance

Atlas Honda Limited PAT grows 76pc in second quarter

Sales, marketing, and general administrative expenses remained more or less at the same level as last year due to measures introduced for cost efficiencies.

Published 02 Nov, 2020 02:11pm

Markets

Govt’s early action strengthened Pakistan exports despite COVID: Report

The economic volatility amid the coronavirus pandemic has proved a boon for the country’s textile sector as a number of the world’s renowned apparel brands are shifting their orders to Pakistan.

Published 02 Nov, 2020 12:32pm

Business & Finance

Online Holiday buying could hit $200bn amid COVID-19 pandemic

The data shows that the potential for online spending might go even higher to $200 billion (47 percent YoY growth), if the flu season keeps people out of stores.

Published 02 Nov, 2020 11:54am

Markets

Bears rule PSX, KSE-100 bleeds over 1,000 points

At the time of filing this report, the index was being traded at 38,811.50 points showing a drop of 1076.50 points and a percentage change of negative 2.7 percent.

Published 02 Nov, 2020 11:15am

Business & Finance

Jazz CEO terms FBR actions as ‘Coercive and Unfortunate’

The CEO was of the view that seizing an office may be an appropriate response for criminals and extortionists, but not for a company that has served Pakistan's core economy for over two and a half decades, having seen several political cycles.

Updated 02 Nov, 2020 12:02pm

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	151.50
USD to Swiss Franc / Nov 27	0.88
Pound Sterling to USD / Nov 27	1.27
Euro to USD / Nov 27	1.06

Stock	Volume
S&P 500 / Nov 27	5,998.74
India Sensex / Nov 27	80,234.08
Tokyo Nikkei / Nov 27	38,295.13
Nasdaq / Nov 27	19,060.48
Hang Seng / Nov 27	19,679.96
FTSE 100 / Nov 27	8,274.75
Dow Jones / Nov 27	44,722.06
Germany DAX 30 / Nov 27	19,261.75

Item	Value
Crude Oil USD/Barrel / Nov 27	68.65
Karachi Cotton PKR/37.32 KG / Nov 27	17,685
Gold 10 Grams PKR / Nov 27	236,540
Gold Spot USD/Ounce / Nov 27	2,627.35
Cotton US¢/pound / Nov 27	71.75
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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular