News stories for Muhammad Ali - Business Recorder

Muhammad Ali

Rs69.5bn money laundering unearthed in solar panel imports

KARACHI: The Directorate of Post Clearance Audit (PCA) South has uncovered massive money laundering in the solar...

Updated 11 Jul, 2023 09:51am

Business & Finance

LTO Karachi collects Rs2,076bn in FY2022-23

KARACHI: The Large Taxpayers Office (LTO), Karachi announced a remarkable achievement as it had collected Rs 2,076...

Published 06 Jul, 2023 05:42am

Pakistan

EFS scam: PCA takes action against textile firm

KARACHI: Pakistan Customs Authority (PCA) South has taken decisive action against a Karachi-based textile company...

Published 14 Jun, 2023 06:21am

Pakistan

PCAA implements precautionary measures at Karachi airport

KARACHI: In response to an alert issued by the Meteorological Department regarding a potential cyclone ...

Published 13 Jun, 2023 06:00am

Trade leaders give mixed response

KARACHI/LAHORE: Irfan Iqbal Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry...

Updated 10 Jun, 2023 08:49am

Pakistan

Direct flights to KSA: Saudi aviation team arrives to examine security matters

KARACHI: A high-level delegation from Saudi Arabia’s General Aviation Civil Aviation (GACA) has arrived on a...

Published 07 Jun, 2023 06:05am

Pakistan

Malaysia allows release of seized PIA plane

KARACHI: Pakistan International Airlines (PIA) successfully retrieved its impounded Boeing 777 aircraft at Kuala...

Published 04 Jun, 2023 03:35am

Business & Finance

‘WHT levy based on invoice price’ PAMA voices its concern over budget proposal

KARACHI: Local auto assemblers have expressed concerns over a budget proposal for the fiscal year 2023-24, which...

Published 03 Jun, 2023 03:52am

Pakistan

Payment dispute: PIA aircraft impounded in Malaysia

KARACHI: Civil Aviation Authority of Malaysia (CAAM) impounded a Pakistan International Airlines (PIA) aircraft at...

Published 31 May, 2023 03:57am

Russia to commence direct shipping service by 25th

KARACHI: A direct containerized shipping service between Karachi and Saint Petersburg is going to be launched by May...

Updated 23 May, 2023 08:47am

TDAP, KGCC: AGP uncovers ‘irregularities’

KARACHI: The Auditor General of Pakistan (AGP) has uncovered significant irregularities in the functioning of TDAP...

Updated 16 May, 2023 09:24am

Sale of smuggled Iranian diesel causing huge revenue loss

KARACHI: Iranian smuggled diesel has replaced 40pc of Pakistan’s domestic diesel consumption, causing unprecedented...

Updated 08 May, 2023 09:03am

Pakistan

AGP detects Rs158.7m malfeasance in ASF Foundation accounts

KARACHI: The Auditor General of Pakistan (AGP) has detected serious financial irregularities of Rs158.7 million in...

Published 27 Apr, 2023 06:24am

Roosevelt, Scribe hotels: Aviation Division releases Rs275m to PIACL for its legal team without approval: AGP report

KARACHI: The Aviation Division has made a payment of a whopping Rs 275 million to Pakistan International Airlines...

Updated 16 Apr, 2023 05:25pm

Airports at Karachi, Lahore and Islamabad: IFC team assessing prospects for outsourcing of services

KARACHI/ISLAMABAD: The World Bank’s International Finance Corporation (IFC) has begun working on the outsourcing ...

Updated 11 Apr, 2023 09:59am

Pakistan

PIA’s sudden change of destination decision perturbs passengers

Cash-starved airline will have to bear the cost of accommodating nearly 180 passengers after change

Updated 26 Mar, 2023 12:50pm

Pakistan

Ramazan: Having obesity makes you more likely to develop diabetes, according to experts

KARACHI: Gaining weight in Ramazan could contribute to the diabetes epidemic in Pakistan, reporting over 400,000...

Published 25 Mar, 2023 06:25am

Customs sets up cell to monitor sugar export

KARACHI: Pakistan Customs has established a special cell at the Port Qasim Collectorate to monitor the exports of...

Updated 12 Mar, 2023 09:59am

Business & Finance

Land grab in Karachi inflicts $2.9bn loss on economy annually, claims FPCCI

KARACHI: The formal sector of economy of Pakistan’s bustling megacity, Karachi, suffers a staggering annual loss ...

Published 07 Mar, 2023 03:16am

Business & Finance

Power bills: FBR collects double income tax in Karachi

KARACHI: Despite being victimized by dilapidated road infrastructure, high air pollution, gas shortage,...

Published 05 Jan, 2023 05:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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