News stories for N H Zuberi - Business Recorder

N H Zuberi

Pakistan

Teli calls for cutting basic policy rate to 4 percent: KCCI team confers with FBR officials

Chairman of Businessmen Group and former President Karachi Chamber of Commerce and Industry (KCCI) Siraj Kassam Teli has proposed four immediate measures that government should take which include 1) Basic Policy rates should be brought down by SBP from cu

Published 18 Apr, 2020 12:00am

Pakistan

Industries asked to ensure implementation of SOPs

Chief Secretary Sindh, Syed Mumtaz Ali Shah has said that the industries that are now allowed to open have to ensure the implementation of SOPs.

Published 16 Apr, 2020 12:00am

Pakistan

BMP suggests steps to recover Covid-19 hit economy

Secretary General (Federal) of the Businessmen Panel (BMP), Ahmad Jawad said in light of the recent COVID-19 pandemic which has devastated not only the social fabric of the society but also the economies of the world, Pakistan is no exception.

Published 12 Apr, 2020 12:00am

Pakistan

Prolonged closure to be disastrous for economy, opines KCCI chief

KARACHI: Business and industrial community has said that the Sindh government should take notice of the situation and order the committee to notify standard operating procedures (SOPs) for the industries at the earliest while the labor department should o

Published 09 Apr, 2020 12:00am

Pakistan

KCCI asks government to withdraw ISPA arrears for good

President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has urged the federal government to permanently withdraw Industrial Support Package Adjustment (ISPA) arrears which would provide some relief to the industries particularly in

Published 04 Apr, 2020 12:00am

Pakistan

Business community gives mixed response to PM's package

Business community has expressed mixed reaction on the Prime Minster's economic package and expressed hope of proper mechanism to ensure smooth transfer of financial relief to poor and needy.

Published 26 Mar, 2020 12:00am

Pakistan

'Rs 3,000 monthly allowance for the poor is not enough'

Secretary-General (Federal) of the Businessmen Panel for FPCCI, Ahmad Jawad, has said that the package announced by the prime minister is appropriate to some extent, but it's not sufficient to cope with the prevailing situation. "We should expect the gove

Published 25 Mar, 2020 12:00am

Pakistan

SAI leaders laud Sindh government's steps to curb spread of coronavirus

Zubair Motiwala, patron of the Site Association of Industry (SAI) and president Suleman Chawla have expressed their confidence on the federal and Sindh governments' measures to curb the spread of the coronavirus but also showed deep concern over the growi

Published 23 Mar, 2020 12:00am

Pakistan

BMP urges ministry to manage handsome aid to improve economy

Secretary General (Federal) of the Businessmen Panel (BMP), Ahmad Jawad has said Ministry of Economic Affairs must start serious negotiation with the international financial institutions for a handsome aid to fight with the country economy in the wake of

Published 21 Mar, 2020 12:00am

Pakistan

Lasbela Chamber chief lambastes KE for 'extraordinary' bills

"The industrialists of Karachi have been stabbed in the back by the extraordinary electricity bills sent by KE demanding astronomical amounts for a unwarranted decision of the federal government to end the judicious decision of the previous government to

Published 20 Mar, 2020 12:00am

Pakistan

Business, industrial community reiterate demand for cut in policy rate

Business and industrial community alike have urged the governor of State Bank of Pakistan to cut policy rate for easy access to finance for the local industry and exporters who are facing new challenges and uncertain conditions.

Published 17 Mar, 2020 12:00am

Pakistan

Coronavirus threat: FPCCI chief seeks relief package to protect trade, industry

The business community has urged the government to take preventive measures and develop a strategy to protect the pace of economic and trade progress of Pakistan from likely impact of world economic slowdown apprehended by leading think-tanks due to the r

Published 15 Mar, 2020 12:00am

Cut in POL prices globally: Government urged to shift benefits to masses

Secretary General (Federal) of the Businessmen Panel, Ahmad Jawad has said after massive devaluation of rupee, masses can't get the fruit of POL prices despite a great reduction in the prices internationally. Instead of given relief further to masses, the

Published 10 Mar, 2020 12:00am

Pakistan

Karachi industrialists vow to raise issues from KCCI's platform

The Karachi Chamber and all seven industrial town associations have unanimously resolved that Karachi's entire Business & Industrial Community will not remain silent anymore but would surely raise strong voice under KCCI's umbrella to get the common issue

Published 08 Mar, 2020 12:00am

Pakistan

Business environment: KCCI report makes several recommendations

Differences among the federal, provincial and local governments, along with illegal practices and ancient governmental regulations, have robbed Karachi of its rights. This was stated in a repot prepared by the Research and Development Department of the Ka

Published 22 Feb, 2020 12:00am

Pakistan

Industrialists, traders demand thorough probe into Keamari tragedy

Industrialists and traders alike have expressed deep concerns over playing politics over Keamari incident as it hurts business and economic activities of the country and demanded through investigation of the incident.

Published 20 Feb, 2020 12:00am

Off & on closure of CNG stations adds to commuters' woes

The five to six days weekly closure of compressed natural gas (CNG) stations has compounded the problems of commuters, as they face shortage of public transport vehicles.

Published 13 Feb, 2020 12:00am

Pakistan

Government fails to create 'lucrative' tax base: KCCI report

One of the biggest challenges faced by the country remains the government's inability to establish a lucrative tax base. Not surprisingly, simply looking at the tax process with the right intent is enough to highlight a plethora of issues related to proce

Published 11 Feb, 2020 12:00am

Pakistan

Only 2 percent newly wed couples undergo thalassaemia test

Recent survey of marriage season reveals that only 2 percent couples underwent thalassemia test, 98 percent ignored it, while constant growing numbers of thalassemic majors in our population is quite alarming, warned CSR activist for Thalassemia Eradicati

Published 07 Feb, 2020 12:00am

Pakistan

Seat of SAARC Chamber president: UBG body endorses name of Iftikhar Malik

Core committee of United Business Group (UBG) has endorsed the nomination of former President FPCCI, Senior Vice President SAARC Chamber and Chairman United Business Group (UBG) Iftikhar Ali Malik for seat of next President of SAARC Chamber of Commerce an

Published 04 Feb, 2020 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	1.05
USD to Swiss Franc / Dec 17	0.90
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	154.09

Stock	Volume
S&P 500 / Dec 16	6,074.08
Nasdaq / Dec 16	20,173.89
Dow Jones / Dec 16	43,717.48
India Sensex / Dec 17	80,962.81
Tokyo Nikkei / Dec 17	39,364.68
Hang Seng / Dec 17	19,777.10
FTSE 100 / Dec 17	8,214.43
Germany DAX 30 / Dec 17	20,290.76

Item	Value
Gold 10 Grams PKR / Dec 16	243,059.70
Crude Oil USD/Barrel / Dec 17	70.82
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold Spot USD/Ounce / Dec 17	2,654.67
Cotton US¢/pound / Dec 17	69.11
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Dec 17 Dadabhoy Cement Industries Limited(DBCI)	7.11 ▲ 1.00 (16.37%)
First Capital Equities / Dec 17 First Capital Equities Limited(FCEL)	6.74 ▲ 0.82 (13.85%)
Oilboy Energy / Dec 17 Oilboy Energy Limited(OBOY)	10.45 ▲ 1.00 (10.58%)
LSE Financial Serv. / Dec 17 LSE Financial Services Limited(LSEFSL)	18.32 ▲ 1.67 (10.03%)
Air Link Com. / Dec 17 Air Link Communication Limited(AIRLINK)	208.93 ▲ 18.99 (10.00%)
Data Agro / Dec 17 Data Agro Limited(DAAG)	126.58 ▲ 11.51 (10.00%)
Fazal Cloth / Dec 17 Fazal Cloth Mills Limited(FZCM)	179.55 ▲ 16.32 (10.00%)
Land Mark Spinning / Dec 17 Landmark Spinning Industries Limited(LMSM)	63.91 ▲ 5.81 (10.00%)
Pak Datacom / Dec 17 Pak Datacom Limited(PAKD)	94.49 ▲ 8.59 (10.00%)

Stock	Price
Tri-Star Power / Dec 17 Tri-Star Power Limited(TSPL)	5.51 ▼ -0.74 (-11.84%)
Gulshan Sp. / Dec 17 Gulshan Spinning Mills Limited(GSPM)	4.19 ▼ -0.51 (-10.85%)
Sanghar Sugar / Dec 17 Sanghar Sugar Mills Limited(SANSM)	32.02 ▼ -3.56 (-10.01%)
Aisha Steel (CPS) / Dec 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	20.17 ▼ -2.24 (-10.00%)
Chakwal Spinning / Dec 17 Chakwal Spinning Mills Limited(CWSM)	53.72 ▼ -5.97 (-10.00%)
Leiner Pak Gelat / Dec 17 Leiner Pak Gelatine Limited(LPGL)	126.67 ▼ -14.07 (-10.00%)
Mari Petroleum / Dec 17 Mari Petroleum Company Limited(MARI)	809.76 ▼ -89.97 (-10.00%)
Quetta Textile / Dec 17 Quetta Textile Mills Limited(QUET)	17.73 ▼ -1.97 (-10.00%)
Fateh Ind. / Dec 17 Fateh Industries Limited(FIL)	120.57 ▼ -13.37 (-9.98%)

Stock	Volume
WorldCall Telecom / Dec 17 Worldcall Telecom Limited(WTL)	403,228,918 ▼ -0.06
Pak Elektron / Dec 17 Pak Elektron Limited(PAEL)	107,379,306 ▲ 3.33
Cnergyico PK / Dec 17 Cnergyico PK Limited(CNERGY)	59,584,754 ▼ -0.06
B.O.Punjab / Dec 17 The Bank of Punjab(BOP)	57,023,129 ▲ 0.59
Pak Refinery / Dec 17 Pakistan Refinery Limited(PRL)	55,947,968 ▲ 3.65
Sui South Gas / Dec 17 Sui Southern Gas Company Limited(SSGC)	42,917,218 ▲ 1.17
PIA Holding Co.Ltd / Dec 17 PIA Holding Company Limited(PIAHCLA)	36,337,248 ▲ 1.16
Fauji Foods Ltd / Dec 17 Fauji Foods Limited(FFL)	33,958,478 ▼ -0.28
Hub Power Co. / Dec 17 The Hub Power Company Limited(HUBC)	33,067,460 ▲ 11.97

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular