News stories for Muhammad Ali - Business Recorder

Muhammad Ali

Sports

Karachi Kings win in splendid match of HBL PSL V 2020

Karachi Kings won its first match of HBL PSL V 2020 against Peshawar Zalmi by 10 runs. Zalmi's hope to win the match was buried with a splendid catch of Sammy by Umaid on his fourth ball of innings' last over when Zalmi needed 12 runs on four balls. He ma

Published 22 Feb, 2020 12:00am

Sports

Quetta Gladiators beat Islamabad United

With thousands of fans in the National Stadium Karachi (NSK) appear merriment over the return of Pakistan's biggest sports event 'HBL PSL V 2020' in the country. As many as 350 artists have performed in the opening ceremony of the HBL PSL 2020 held at NSK

Published 21 Feb, 2020 12:00am

Sports

HBL PSL5 opening ceremony underway in Karachi

Quetta Gladiators and Islamabad United will face each other in the opening game at the National Stadium. Renow

Updated 20 Feb, 2020 03:07pm

Sports

Sarfaraz, Shadab vow good show ahead of first HBL PSL V 2020 clash

Sarfaraz Ahmad skipper Quetta Gladiators on Wednesday pinned hope that things would change after his performance in HBL PSL V 2020. Speaking at a joint presser with Shadab Khan, captain Islamabad United at National Stadium Karachi (NSK), during the unveil

Published 20 Feb, 2020 12:00am

Sports

HBL PSL gearing up for mega opening as 350 artists to perform

As many as 350 artists will perform in the opening ceremony of the HBL PSL 2020, which will be held at Karachi's National Stadium on Thursday.

Published 18 Feb, 2020 12:00am

Elimination of exemptions/concessions: FBR starts working on budget plan

Federal Board of Revenue (FBR) has started working on the development of budget strategy paper for financial years 2020-21 - 2022-23 with the prime objective to eliminate exemptions/concessions, it has been learnt here. According to sources, the FBR on th

Published 17 Feb, 2020 12:00am

Sports

Jahangir Khan will unveil HBL PSL 2020 trophy

For what will be the first-ever trophy unveiling ceremony on the Pakistani soil, squash icon Jahangir Khan will bring the HBL PSL 2020 trophy at the National Stadium, Karachi, on Wednesday, 19 February, for its unveiling. The trophy unveiling ceremony wil

Published 17 Feb, 2020 12:00am

Immoveable properties: FBR revising valuation tables to raise revenue

The Federal Board of Revenue (FBR) is going to revise the valuation tables of immoveable properties to enhance its revenue from sale/purchase transactions; it is learnt. According to sources, the board has decided to make upward revision in the property r

Published 15 Feb, 2020 12:00am

Independent foreign policy: Qureshi links it to economic stability

Pakistan cannot articulate independent foreign policy without economic stability, the Foreign Minister Shah Mehmood Qureshi said here Monday. Delivering a lecture on "Strategic Importance of Economic Diplomacy for Pakistan in the 21st Century" at the main

Published 11 Feb, 2020 12:00am

MoC takes step to forestall possibility of any zoonotic transmission

Ministry of Commerce (MOC) has imposed a ban on the import of any zoonotic (animal, birds, etc.) till further advise in order to prevent spreading coronavirus in Pakistan. According to a notification, the ban on the import of any zoonotic (animal, birds,

Published 09 Feb, 2020 12:00am

Sports

HBL PSL season 5: Arif Habib an official helmet sponsors of Gladiators

Naya Nazimabad, a housing project of Javedan Corporation Limited and Power Cement Limited, both of which are Arif Habib Group companies, have signed on as the official helmet sponsors of Quetta Gladiators, a franchise of the HBL Pakistan Super League (PSL

Published 07 Feb, 2020 12:00am

Audits of CCIR, CRTO: Contrary to SC order, FBR allows time extension

Contrary to the directives of the Supreme Court of Pakistan, the Federal Board of Revenue (FBR) has allowed extension in time for finalization of pending 459 audits of CCIR, CRTO, Karachi for the Tax Year 2014 till June 30, 2020.

Published 05 Feb, 2020 12:00am

Pakistan

Afghan-registered vehicles being allowed to ferry goods without mandatory road passes?

Afghan-registered vehicles are being allowed to transport goods through Kharlachi customs-station without mandatory road passes by Embassy of Pakistan in Kabul. This was claimed in a letter and special report sent to the chairman FBR by Director General,

Published 04 Feb, 2020 12:00am

Inland Revenue service: FBR, World Bank start working on designing of strategic plan

The Federal Board of Revenue (FBR) and the World Bank (WB) have started working on designing of strategic plan for Inland Revenue (IR) service. According to official sources, the board is making efforts to improve revenue generation, taxpayers' services a

Published 02 Feb, 2020 12:00am

Consignments from China at ports: Customs hasn't started fumigation work despite PHE advisory

Pakistan Customs has so far not started fumigation work on the consignments imported from the affected areas of China at ports to avert spreading corona-virus in Pakistan, despite the advisory issued by Port Health Establishment (PHE).

Published 30 Jan, 2020 12:00am

Sports

Australian HC gives good wishes to Pakistan's women cricket team

Dr. Geoffrey Shaw, Australian High Commissioner to Pakistan said that Pakistan Super League (PSL) will play a crucial role in building confidence and change the players' minds about the country.

Published 29 Jan, 2020 12:00am

Private people still involved in official work at tax offices

Private persons are still actively involved in official work at Karachi-based tax offices despite serious admonition by the Federal Board of Revenue (FBR). According to details, the issue was highlighted through a complaint lodged at Pakistan Citizen Port

Published 27 Jan, 2020 12:00am

MoC agrees to support cross stuffing of Afghan cargo

The Ministry of Commerce (MoC) has agreed to support cross stuffing of Afghan bound cargo at ports.

Published 24 Jan, 2020 12:00am

Pakistan

NAB expedites probe against Khursheed Shah

National Accountability Bureau (NAB) has accelerated its investigation in the assets beyond means case against PPP senior leader Syed Khursheed Shah, asking Federal Board of Revenue (FBR) to submit financial details of seven others accused by January 27,

Published 23 Jan, 2020 12:00am

Business & Finance

Massive sales tax refund 'fraud' detected

Regional Tax Office (RTO)-II, Karachi has detected a massive sales tax refund "fraud" amounting to around Rs 230 million, purportedly committed through three fake companies against flying invoices in connivance with FBR officials.

Published 22 Jan, 2020 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	154.72
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20
France CAC40 / Jan 30	7,941.64
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Petrol/Litre / Jan 31	256.13
Crude Oil USD/Barrel / Jan 31	72.68
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,793
Diesel/Litre / Jan 31	260.95

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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