News stories for Muhammad Ali - Business Recorder

Muhammad Ali

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

Import of used cars: Surge causing adverse impact on local auto sector

KARACHI: Over 6,000 used cars have been imported during the last financial year, giving a significant blow to the...

Updated 07 Oct, 2023 09:51am

Pakistan

Solar panels case: Interim bail granted to accused

KARACHI: The Special Judge Customs Court in Karachi has granted interim bail to the accused individuals allegedly...

Published 06 Oct, 2023 03:03am

‘Transactions’ through fake firm: FBR unearths massive Rs214.8bn sales tax fraud

KARACHI: Directorate of Internal Audit IR, Karachi has unearthed a massive sales tax fraud perpetrated by a...

Updated 24 Sep, 2023 09:16am

Solar panel imports: Rs73bn illicit fund transfers detected

KARACHI: Directorate of Post Clearance Audit (South), Karachi has unearthed a complex web of deceit and fiscal fraud...

Updated 06 Sep, 2023 10:25am

Sindh govt bans new housing projects

KARACHI: The caretaker government of Sindh has imposed a complete ban on the approval of new housing projects,...

Updated 26 Aug, 2023 08:55am

Pakistan

AGP detects Rs1.95bn malfeasance in three PCAA projects

KARACHI: The Auditor General of Pakistan (AGP) has detected serious financial irregularities totaling Rs. 1.95...

Published 03 Aug, 2023 05:55am

FBR wing unearths Rs1.2bn tax fraud scheme

KARACHI: The Directorate of Internal Audit-Inland Revenue-FBR Karachi has made a significant breakthrough in...

Updated 01 Aug, 2023 09:26am

Business & Finance

MG HS Excite and 2.0 AWD: MG Pakistan to launch two new variants

LAHORE: MG Pakistan – a joint venture between SAIC, the number one Chinese and the sixth-largest global automobile...

Updated 25 Jul, 2023 08:00pm

Pakistan

‘Bribery-smuggling network’: senior customs officials booked

KARACHI: Anti-Corruption Circle (ACC) of the Federal Investigation Agency (FIA) Karachi has nominated three...

Published 15 Jul, 2023 06:08am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.28
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
Tokyo Nikkei / Jan 1	39,894.54
S&P 500 / Jan 2	5,868.55
Nasdaq / Jan 2	19,280.79
Dow Jones / Jan 2	42,392.27
India Sensex / Jan 3	79,739.02
Hang Seng / Jan 3	19,713.10
FTSE 100 / Jan 3	8,250.97
Germany DAX 30 / Jan 3	19,945.18

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 2	18,085
Gold 10 Grams PKR / Jan 2	242,888.30
Petrol/Litre / Jan 3	252.66
Crude Oil USD/Barrel / Jan 3	73.26
Gold Spot USD/Ounce / Jan 3	2,657
Diesel/Litre / Jan 3	258.34

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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