News stories for Muhammad Ali - Business Recorder

Muhammad Ali

Business

Tax refunds process: FBR suspends AC over asking ‘hefty percentage’

KARACHI: Federal Board of Revenue (FBR) has suspended its additional commissioner (AC) posted in the Large Taxpayers...

Published 25 Jan, 2021 04:23am

Accounts of 29 sugar mills: LTU Karachi ‘detects’ massive revenue leakage

KARACHI: Large Taxpayers Unit (LTU), Karachi has “detected” a whopping Rs 200 billion revenue leakage in the...

Published 21 Jan, 2021 04:23am

Business

Retrieval of billions of rupees ST refunds: LTU Karachi issues SOP to help manufacturers, exporters

KARACHI: The Large Taxpayers Unit (LTU), Karachi has issued the Standard Operating Procedure (SOP) to assist the...

Updated 14 Jan, 2021 03:57am

Supply of electricity, gas: Cell established to process requests for concessionary tariff

KARACHI: The Federal Board of Revenue (FBR) has established an Export-Oriented Sectors Registration Cell (ESRC) to...

Updated 08 Jan, 2021 03:59am

World

Int’l flights and travel: GACA Saudi Arabia lifts suspension

KARACHI: The General Authority of Civil Aviation (GACA), Saudi Arabia has lifted the suspension of all international...

Updated 04 Jan, 2021 03:11am

PIA offers EASA to restrict EU operations to limited pilots

KARACHI: Pakistan International Airlines (PIA) is consistently beguiling the European Aviation Safety Agency (EASA)...

Updated 29 Dec, 2020 03:47am

PIA medical facility: Document alleges around Rs100m a month corruption

KARACHI: Pakistan International Airlines (PIA) is contemplating revamping its medical facility for its employees in ...

Published 27 Dec, 2020 02:47am

Pakistan

AVM terms business community backbone of country

KARACHI: Air Vice Marshal (AVM) Abbas Ghuman has paid rich tribute to late Siraj Kassam Teli for his services and...

Published 23 Dec, 2020 02:55am

Pakistan

PCAA slaps restriction on travellers from UK

KARACHI: Pakistan Civil Aviation Authority (PCAA) has imposed a temporary restriction on inbound travellers from the...

Published 23 Dec, 2020 02:55am

Pakistan

Scope of probe extended: EASA to conduct audit before lifting ban on PIA flights

KARACHI: Following the concerns expressed by Directorate General for Mobility and Transport (DGM&T), European...

Published 11 Dec, 2020 03:00am

Business & Finance

Karachi ports: Delay in clearance of consignments increasing input cost

KARACHI: Trade and industries are facing over a weeklong delay in the clearance of consignments at Karachi Port and...

Published 10 Dec, 2020 02:57am

Implementation of VAR a must: No sugar mill to be allowed to remove goods from Jan 1: FBR

KARACHI: No sugar mill will be allowed to remove goods from production facilities without implementation of Video...

Published 05 Dec, 2020 03:01am

Karachi Kings become PSL champion

KARACHI: The fifth edition of HBL Pakistan Super League, 2020 has culminated with the Karachi Kings (KK) maiden ...

Published 18 Nov, 2020 02:48am

Financial details of PPP leadership incomplete, claims NAB

KARACHI: National Accountability Bureau (NAB) Rawalpindi has confirmed that the financial details of top leadership...

Published 17 Nov, 2020 02:55am

Former FBR chairman Shabbar explains why he failed to deliver

KARACHI: Admitting his failure to deliver as chairman Federal Board of Revenue (FBR), Shabbar Zaidi in his 'open'...

Updated 17 Nov, 2020 07:29am

Pakistan

Licensing and training: Significant safety concern remains unresolved, CAA told

KARACHI: The International Civil Aviation Organization (ICAO) has reminded the Civil Aviation Authority (CAA) that...

Published 07 Nov, 2020 02:39am

Markets

Remittance certificates: Customs directed to allow clearance of imported vehicles

KARACHI: Federal Board of Revenue (FBR) has directed the Pakistan Customs to allow the clearance of imported ...

Published 06 Nov, 2020 02:59am

Pakistan

Award of contract of BRT buses: SIDCL going to commit ‘grave’ mistake?

KARACHI: Sindh Infrastructure Development Company Limited (SIDCL) is reportedly planning to award a $30 million...

Published 26 Oct, 2020 02:52am

PIA's Roosevelt Hotel to close by 31st, for ever

KARACHI: The Roosevelt Hotel, New York owned by Pakistan International Airlines (PIA) is going to close its doors ...

Updated 10 Oct, 2020 03:30am

Pakistan

PIA owned Roosevelt Hotel in NY is closing down permanently

The hotel cited financial reasons for its permanent closure
PIA purchased the hotel for $36.5 million in 1999 and managed it through Interstate Hotels and Resorts.

Updated 10 Oct, 2020 02:40pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Askari Life Assur. / Dec 23 Askari Life Assurance Company Limited(ALAC)	6.30 ▲ 0.64 (11.31%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Engro Corp / Dec 23 Engro Corporation Limited(ENGRO)	435.67 ▲ 39.61 (10.00%)
Ghandhara Ind. / Dec 23 Ghandhara Industries Limited(GHNI)	577.96 ▲ 52.54 (10.00%)
Leiner Pak Gelat / Dec 23 Leiner Pak Gelatine Limited(LPGL)	119.99 ▲ 10.91 (10.00%)

Stock	Price
First Elite Cap.Mod / Dec 23 First Elite Capital Modaraba(FECM)	6 ▼ -0.85 (-12.41%)
Al-Khair Gadoon / Dec 23 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Leather Up Ltd. / Dec 23 Leather Up Limited(LEUL)	27.52 ▼ -2.66 (-8.81%)
Quetta Textile / Dec 23 Quetta Textile Mills Limited(QUET)	18 ▼ -1.56 (-7.98%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.57 ▼ -0.82 (-7.20%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)
S.G.Power / Dec 23 S.G. Power Limited(SGPL)	10.43 ▼ -0.76 (-6.79%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.08
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.16
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.09
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.60
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.16
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▼ -0.05
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 2.37
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.22
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 1.20

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular