News stories for Muhammad Ali - Business Recorder

Muhammad Ali

Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

The aviation sector will get annual relief up to Rs4 billion under New Aviation Policy (NAP), 2019, said secretary aviation. Speaking at a press briefing held at Pakistan Civil Aviation Authority (PCAA) headquarter, secretary aviation/DG PCAA Shahrukh Nus

Published 28 Apr, 2019 12:00am

Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

Published 28 Apr, 2019 12:00am

Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

Published 28 Apr, 2019 12:00am

PM's visit: Top businessmen to hold B2B meeting with Chinese tycoons

A high-powered business delegation will be holding B2B meeting with top Chinese counterparts during PM Imran Khan's visit to China between April 26 to 28, 2019.

Published 26 Apr, 2019 12:00am

Business & Finance

Customs destroys huge quantity of smuggled goods in Karachi

KARACHI: Pakistan Customs on Thursday destroyed huge quantity smuggled goods including narcotics, liquor and more at Gad

Published 25 Apr, 2019 01:06pm

FBR starts serving show-cause notices under Benami Act

The Federal Board of Revenue (FBR) has started serving show-cause notices under Benami Transaction (Prohibition), Act, 2017. According to sources, the Regional Tax Office (RTO)-II, Karachi has issued seven show-cause notices while Lahore and Islamabad tax

Published 21 Apr, 2019 12:00am

FBR starts serving show-cause notices under Benami Act

Published 21 Apr, 2019 12:00am

FBR starts serving show-cause notices under Benami Act

Published 21 Apr, 2019 12:00am

Fraudsters active in city pretending to be tax officials

A gang, pretending to be tax officials, is active in the city, harassing individuals and making attempts to fleece masses through fake income tax assessment orders. The issue was brought into notice when an individual namely Qamar-uz-Zaman, associated wit

Published 17 Apr, 2019 12:00am

Business & Finance

Soomro announces the ‘Road to Makkah initiative’ for Hajj 2019

ISLAMABAD: Federal Minister for Aviation and Privatisation Mohammad Mian Soomro announced the Road to Makkah initiative

Published 11 Apr, 2019 04:54pm

Settlement of over Rs 7 billion collection: FBR-Sindh government row set to worsen

A tug of war between federal and provincial tax authorities over the settlement of Rs. 7.054 billion is going to be exacerbated as the Federal Board of Revenue (FBR) has decided to take up 'collection charges' issue with Sindh government in upcoming meeti

Published 10 Apr, 2019 12:00am

'Rumble In Karachi' wrestling event to begin on April 28

Pro Wrestling Federation Pakistan (PWFP) is all set to host an exhilarating "Rumble In Pakistan" wrestling event in Karachi to be held on April 28, 2019 at Dreamworld Resort. Speaking at a press conference held at Dreamworld resort here on Sunday, Faraz G

Published 01 Apr, 2019 12:00am

Business & Finance

ASO thwart smuggling attempt of fake watches, glasses

KARACHI: Anti-Smuggling Organisation (ASO) of Model Custom Collectorate (MCC) on Wednesday thwart smuggling attempt of f

Updated 27 Mar, 2019 04:22pm

Business & Finance

1500 bags of banned Chinese Salt recovered from Karachi

KARACHI: Anti-Smuggling Organisation (ASO) of Model Custom Collectorate (MCC) on Wednesday raided a godown at Abdul Hasa

Published 27 Mar, 2019 02:13pm

Auto industry, importers of used-cars term government's decisions unfriendly

The ad-hoc decisions taken by the government for auto sector are considered 'unfriendly' by both local auto industry and used cars importers. "The government on one hand lifted the ban on non-filers to promote auto industry growth for increasing tax net a

Published 22 Mar, 2019 12:00am

PCAA incurs over Rs 1 billion loss

Pakistan Civil Aviation Authority (PCAA) has suffered a loss of Rs1.16 billion on account of overflight charges or fees since the closure of airspace for overflying from Pakistan''s eastern to western air corridors; it was learnt here.

Published 20 Mar, 2019 12:00am

PCAA incurs over Rs 1 billion loss

Pakistan Civil Aviation Authority (PCAA) has suffered a loss of Rs1.16 billion on account of overflight charges or fees since the closure of airspace for overflying from Pakistan's eastern to western air corridors; it was learnt here.

Published 20 Mar, 2019 12:00am

PCAA incurs over Rs 1 billion loss

Pakistan Civil Aviation Authority (PCAA) has suffered a loss of Rs1.16 billion on account of overflight charges or fees since the closure of airspace for overflying from Pakistan's eastern to western air corridors; it was learnt here.

Published 20 Mar, 2019 12:00am

Pakistan

TDAP facilitates trade opportunities to USA

KARACHI: The Ministry of Commerce, under the auspices of “Emerging Pakistan”, is endeavoring to promote the export s

Published 16 Mar, 2019 03:26pm

Business & Finance

MCC seizes millions worth Iranian diesel

KARACHI: ASO MCC (Preventive), Karachi, today intercepted a truck bearing No. TMD 196, loaded with cement bags insid

Published 16 Mar, 2019 03:13pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 28	279.70
USD PKR Interbank Buying / Feb 28	279.50
USD to Japanese Yen / Feb 28	150.63
USD to Swiss Franc / Feb 28	0.90
Pound Sterling to USD / Feb 28	1.26
Euro to USD / Feb 28	1.10
UK LIBOR % / Feb 28	4.96

Stock	Volume
S&P 500 / Feb 28	5,954.50
India Sensex / Feb 28	73,198.10
Tokyo Nikkei / Feb 28	37,155.50
Nasdaq / Feb 28	18,847.28
Hang Seng / Feb 28	22,941.32
FTSE 100 / Feb 28	8,809.74
Dow Jones / Feb 28	43,840.91
Germany DAX 30 / Feb 28	22,551.43
France CAC40 / Feb 28	8,111.63

Item	Value
Crude Oil USD/Barrel / Feb 28	69.76
Karachi Cotton PKR/37.32 KG / Feb 28	17,785
Gold 10 Grams PKR / Feb 28	257,639
Gold Spot USD/Ounce / Feb 28	2,857.83
Cotton US¢/pound / Feb 28	65.25
Petrol/Litre / Mar 2	255.63
Diesel/Litre / Mar 2	258.64

Gainers
Losers
Leaders

Stock	Price
Beco Steel Ltd / Feb 28 Beco Steel Limited(BECO)	9.60 ▲ 1 (11.63%)
Merit Packaging / Feb 28 Merit Packaging Limited(MERIT)	10.59 ▲ 1 (10.43%)
Internationl Packaging Films / Feb 28 Internationl Packaging Films Limited(IPAK)	22.28 ▲ 2.03 (10.02%)
The Thal Ind.Corp. / Feb 28 The Thal Industries Corporation Limited(TICL)	424.64 ▲ 38.6 (10%)
S.S.Oil / Feb 28 S.S.Oil Mills Limited(SSOM)	88.33 ▲ 8.03 (10%)
Sanghar Sugar / Feb 28 Sanghar Sugar Mills Limited(SANSM)	49.60 ▲ 4.51 (10%)
Khyber Tobacco / Feb 28 Khyber Tobacco Company Limited(KHTC)	302.01 ▲ 27.46 (10%)
Fateh Sports / Feb 28 Fateh Sports Wear Limited(FSWL)	85.72 ▲ 7.79 (10%)
AGP Limited / Feb 28 AGP Limited(AGP)	189.72 ▲ 17.25 (10%)
Power Cem(Pref) / Feb 28 Power Cement (Pref)(POWERPS)	14.11 ▲ 1.28 (9.98%)

Stock	Price
First Elite Cap.Mod / Feb 28 First Elite Capital Modaraba(FECM)	7.40 ▼ -0.97 (-11.59%)
Kohinoor Energy / Feb 28 Kohinoor Energy Limited(KOHE)	22.59 ▼ -2.51 (-10%)
Dadex Eternit / Feb 28 Dadex Eternit Limited(DADX)	73.05 ▼ -8.12 (-10%)
EMCO Industries / Feb 28 Emco Industries Limited(EMCO)	25.66 ▼ -2.85 (-10%)
Pak Datacom / Feb 28 Pak Datacom Limited(PAKD)	94.84 ▼ -10.53 (-9.99%)
At-Tahur Ltd. / Feb 28 At-Tahur Limited(PREMA)	29.56 ▼ -3.28 (-9.99%)
Trust Sec.& Brok. / Feb 28 Trust Securities & Brokerage Limited(TSBL)	11.58 ▼ -1.27 (-9.88%)
Data Agro / Feb 28 Data Agro Limited(DAAG)	88 ▼ -9.64 (-9.87%)
S.G.Power / Feb 28 S.G. Power Limited(SGPL)	9.12 ▼ -0.98 (-9.7%)
Dewan Textile / Feb 28 Dewan Textile Mills Limited(DWTM)	7.70 ▼ -0.76 (-8.98%)

Stock	Volume
Cnergyico PK / Feb 28 Cnergyico PK Limited(CNERGY)	71,837,021 ▼ -0.21
Pak Int.Bulk / Feb 28 Pakistan International Bulk Terminal(PIBTL)	51,942,475 ▲ 0.64
WorldCall Telecom / Feb 28 Worldcall Telecom Limited(WTL)	42,417,350 ▼ -0.04
National Bank / Feb 28 National Bank of Pakistan(NBP)	27,430,703 ▲ 3.96
GhaniGlobalGlass / Feb 28 Ghani Global Glass Limited(GGGL)	21,659,838 ▼ -0.15
At-Tahur Ltd. / Feb 28 At-Tahur Limited(PREMA)	17,624,004 ▼ -3.28
Maple Leaf Cement / Feb 28 Maple Leaf Cement Factory Limited(MLCF)	16,353,261 ▲ 2.21
Sui North Gas / Feb 28 Sui Northern Gas Pipelines Limited(SNGP)	15,824,842 ▲ 1.11
Sui South Gas / Feb 28 Sui Southern Gas Company Limited(SSGC)	14,522,331 ▼ -0.7
B.O.Punjab / Feb 28 The Bank of Punjab(BOP)	13,562,631 ▼ -0.09

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