News stories for Muhammad Ali - Business Recorder

Muhammad Ali

PARCO pipeline: Customs unearths ‘tunnel’ dug for stealing diesel

KARACHI: Customs Intelligence has busted a gang stealing non-duty paid diesel from the PARCO oil pipeline via a...

Updated 25 Jan, 2024 09:46am

Plugging revenue leakages: LTO deploys officers at Sindh sugar mills

KARACHI: The Large Taxpayers Office (LTO) has again deployed its officers at sugar mills in Sindh to monitor...

Updated 24 Jan, 2024 10:00am

Perspectives

Turning the table: how I made Rs1,200 from online scammers

Living in Karachi, we have become accustomed to muggers and online schemes trying to steal our money. But recently,...

Published 22 Jan, 2024 05:21pm

Ashgabat: In historic first, shipment under TIR convention cleared

KARACHI: In a historic development, Pakistan Customs in coordination with National Logistic Corporation (NLC)...

Updated 18 Jan, 2024 09:29am

Pakistan

Covid-19 preventative steps reinstated at major airports

KARACHI: Pakistan has reinstated COVID-19 preventative measures and restrictions at all major airports nationwide in...

Published 07 Jan, 2024 02:43am

Rs16bn money-laundering case: probe suspended

KARACHI: The Federal Board of Revenue (FBR) has reportedly suspended investigations against four shell companies...

Updated 06 Jan, 2024 05:18pm

Business & Finance

LTO crosses Rs1trn mark in six months

KARACHI: The Large Taxpayers Office (LTO) has set a new benchmark for tax collection by crossing Rs 1 trillion mark...

Published 04 Jan, 2024 05:41am

Business & Finance

FTO registers 8,128 complaints in 2023

KARACHI, January 2: The Federal Tax Ombudsman (FTO) registered a record number of 8,128 complaints from taxpayers in...

Published 03 Jan, 2024 05:32am

Pakistan

PCAA delivers key projects worth Rs18bn in 2023

KARACHI: Pakistan Civil Aviation Authority (PCAA) has successfully delivered some key infrastructure projects worth...

Published 30 Dec, 2023 06:28am

Solar panel imports: PCA South uncovers another money laundering offence

KARACHI: The Directorate of Post Clearance Audit (PCA) South has uncovered another trade-based money laundering...

Updated 29 Dec, 2023 01:47pm

Business & Finance

Corolla Cross hybrid vehicle: ‘IMC sets very high bar for competitors to match price, technology’

KARACHI: The entry of the local Toyota Corolla Cross hybrid electric vehicle (HEV) into Pakistan’s SUV market is...

Updated 27 Dec, 2023 10:39am

Business & Finance

Auto sales expected to surge from January: IMC CEO

BHURBAN: The auto sales are expected to surge in Pakistan starting January 2024. This was stated by Ali Asghar...

Published 21 Dec, 2023 03:54am

Vying for public office: PTBA urges ECP to forestall tax non-compliant aspirants

KARACHI: Pakistan Income Tax Bar Association (PTBA) has demanded the Election Commission of Pakistan (ECP) to...

Updated 19 Dec, 2023 09:34am

Pakistan

Jinnah Airport plunges into darkness due to power outage

KARACHI: A major power outage at Jinnah International Airport (JIAP) on Thursday evening plunged the entire airport...

Published 15 Dec, 2023 03:12am

Rs940bn target for Dec: FBR chief starts meetings to review progress

KARACHI: The Federal Board of Revenue (FBR) is likely to struggle hitting its revenue target of Rs. 940 billion for...

Updated 13 Dec, 2023 08:50am

Pakistan

SRB seals two outlets of burger restaurant chain

KARACHI: Sindh Revenue Board (SRB) officials sealed two outlets of popular burger restaurant chain Burger O’clock...

Published 13 Dec, 2023 05:33am

Pakistan

Deportation centres to be set up for illegal Afghan people

KARACHI: Deportation centres are being established in Karachi to facilitate the detention and repatriation of...

Published 26 Oct, 2023 06:08am

Special flights to commence this week: 3,000 Afghans who aided coalition forces to be relocated to UK

KARACHI: Special flights will be commenced from Islamabad this week to relocate nearly 3,000 Afghan refugees to the...

Updated 25 Oct, 2023 08:41am

Markets

LTO Karachi secures 1.9m metric tons of sugar

KARACHI: The Large Taxpayers Office (LTO) in Karachi has successfully secured 1.9 million metric tons of sugar from...

Published 14 Oct, 2023 05:32am

Money laundering scam: Customs to engage UAE’s FIU to trace illicit fund transfers

KARACHI: Pakistan Customs is going to engage the UAE’s Financial Intelligence Unit (FIU) to trace billions of rupees...

Updated 08 Oct, 2023 04:31pm

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
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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