News stories for Muhammad Ali - Business Recorder

Muhammad Ali

Airbus team examines crash site

An eleven-member team from the Airbus company arrived here on Tuesday from France to assist the Aircraft Accident and Investigation Board (AAIB) in the investigation into the crash of flight PK-8303.

Published 27 May, 2020 12:06am

Government promises 'transparent' plane probe

Federal Minister for Aviation Ghulam Sarwar Khan Saturday said that efforts are being made to complete the investigation report of flight PK8303 crash within three months.

Published 24 May, 2020 12:01am

Tragedy hits Karachi days before Eid

A Pakistan International Airline (PIA) Airbus A320 flying from Lahore on Friday crashed into a densely-populated residential colony near the Jinnah International Airport, killing at least 60 people. Luckily, two passengers, the CEO of Bank of Punjab, Zafa

Published 23 May, 2020 12:06am

PIA plane crash: Palpa for involving ICAO, IFALPA into probe

Pakistan Airline Pilots' Association (Palpa) has raised serious reservations over the ability of Safety Investigation Board (SIB) for air crash investigation, demanding involvement of International Civil Aviation Organization (ICAO) and International Fede

Published 23 May, 2020 12:06am

NBP shuts Customs House branch after discovery of Covid-19 case

National Bank Pakistan (NBP) has shut its customs house branch on Monday after the discovery of Covid-19 case.

Published 28 Apr, 2020 12:54am

Pakistan

PIA may operate direct flights to bring back Pakistanis from US

Pakistan International Airline (PIA) is likely to operate direct flights to New York and Washington DC for repatriating stranded Pakistanis from United States.

Published 25 Apr, 2020 06:43am

Gwadar port: Import & transit movement of Afghan cargoes allowed

Ministry of Commerce (MoC) has allowed the import and transit movement of Afghan bulk cargoes of wheat, sugar and fertilizers at Gwadar port. According to the official document, the decision was taken on the requests of Federation of Pakistan Chambers of

Published 22 Apr, 2020 02:52am

Wheat & sugar crisis: AGP to conduct audit to ascertain facts

Auditor General of Pakistan (AGP) has decided to commence special audit to ascertain the facts behind wheat and sugar crisis.

Published 21 Apr, 2020 03:03am

Pakistan

PIA wants permission for flight operations to be extended for another week

Pakistan International Airlines (PIA) has formally requested the government to extend the permission for flights operations up to April 18, it was learnt here.

Published 11 Apr, 2020 12:00am

World airlines suspend online refund system

All international airlines have suspended the option of claiming refund through online system, offering vouchers for future travel instead of cash refunds of unused tickets.

Published 09 Apr, 2020 12:00am

PALPA agrees to operate PIA flights after successful talks

Aviation division in order to resolve the grievances of Pakistan Airlines Pilot Association (PALPA) has allowed the captain to operate flights upon satisfaction regarding the implementation of SOP issued by Pakistan Civil Aviation Authority (PCAA) to aver

Published 08 Apr, 2020 12:00am

Pakistan

PALPA threatens to stop cooperating with PIA

Pakistan Air Line Pilots Association (PALPA) has threatened to withdraw all cooperation with the management of Pakistan International Airlines (PIA) if federal minister for aviation Ghulam Sarwar Awan did not intervene to ensure protective measures for th

Published 07 Apr, 2020 12:00am

PIA 'forced' to suspend operations from Karachi

Lack of coordination between federal and provincial authorities over the implementation of preventive measures to avert the spread of COVID-19 has forced Pakistan International Airlines (PIA) to suspend its operations from Karachi.

Published 06 Apr, 2020 12:00am

Pakistan

PALPA advises pilots not to operate flights over safety violation; PIA suspends Karachi operations

With this safety approach, it is better for PIA to stop operations before becoming COVID-19 carrier not only in Pak

Published 05 Apr, 2020 04:29pm

Pakistan

Pakistan urged to allow cargo containers to cross into Afghanistan

The Afghan government has requested Pakistan to allow the Afghan transit cargo to cross into Afghanistan under standard fumigation procedure to maintain the supply chain of medicines, foods and other basic goods for the people of Afghanistan.

Published 04 Apr, 2020 12:00am

Terminals waive demurrages on imports till April 5

Port terminal operators have agreed to waive demurrages on the import containers arrived from March 20 to April 5, 2020 in order to facilitate importers during the lockdown announced by the Sindh government to avert the spread of COVID-19 in the country.

Published 03 Apr, 2020 12:00am

Sports

Mandatory biometric test: Hafeez raises doubts over ICC regulation

With a demand to declare biometric test mandatory for all bowlers especially fast bowlers; Pakistani allrounder Mohammad Hafeez has raised doubts over the International Cricket Council (ICC) regulation that set legal limit of 15 degrees for all bowlers in

Published 02 Apr, 2020 12:00am

Sports

Hafeez questions ‘pick and choose’ ICC action assessment, demands to make it mandatory for all

“I don’t want to name any bowler but there are number of bowlers, who won’t be allowed bowling in international cri

Published 01 Apr, 2020 01:09pm

Period of lockdown: Port terminal operators reluctant to waive charges

Port terminal operators have appeared reluctant to waive port charges from the importers for a period of lockdown announced by provincial government to avert the spread of COVID-19 in the country.

Published 01 Apr, 2020 12:00am

Pakistan

Over 5,000 drivers, helpers remain stranded on Afghan border

Despite the announcement of reopening of the Pak-Afghan border by Prime Minister Imran Khan on March 20, over 1,700 loaded vehicles are still stranded, increasing the chances of COVID-19 outbreak in the border areas.

Published 31 Mar, 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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