News stories for Muhammad Ali - Business Recorder

Muhammad Ali

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

Pakistan

FBR recovers Rs1.75bn from non-filers

KARACHI: All modalities are finalized and the refunds payment through promissory notes would be started by next mont

Published 16 Mar, 2019 03:00pm

'Benami account': show-cause notice issued to Zardari

Regional Tax Office (RTO)-II has served show-cause notice on former President Asif Ali Zardari for allegedly paying duty and taxes of luxury vehicles from a 'benami account'; it was learnt. According to sources, the field formations of tax offices have no

Published 15 Mar, 2019 12:00am

Business & Finance

MCC West foils Rs60mn tax evasion attempt

KARACHI: Acting upon a credible information received by Collector of Customs MCC Appraisement (West) Karachi, R&

Published 08 Mar, 2019 12:43pm

Gwadar Port seeks permission from DTT for clearance of ATT cargo

Gwadar Port has sought permission from Directorate of Transit Trade (DTT) for clearance of cargo for Afghan Transit Trade (ATT). In a letter sent to the DTT by Gwadar International Terminal Ltd, it said that necessary infrastructure for connecting Gwadar

Published 08 Mar, 2019 12:00am

Business & Finance

NAB Karachi arrests ex-minister's realtor

KARACHI: National Accountability Bureau (NAB) Karachi on Thursday arrested a real estate agent namely Muhammad Javed

Published 07 Mar, 2019 02:40pm

Around 100 tons of betel nuts replaced with date seeds

Around 100 tons of betel nuts worth in millions have reportedly been replaced with date seeds at State warehouse SITE with the alleged involvement of the officials of Directorate General Intelligence & Investigation (DGI&I)-Customs, FBR, Karachi, it was l

Published 07 Mar, 2019 12:00am

Final discussion on New Aviation Policy draft tomorrow

The New Aviation Policy (NAP) 2019 has been drafted for revival of the aviation sector taking all stakeholders on board and final discussion on the draft will be held tomorrow (Monday). The draft policy is a joint effort of aviation division, Pakistan Civ

Published 03 Mar, 2019 12:00am

Final discussion on New Aviation Policy draft tomorrow

Published 03 Mar, 2019 12:00am

Final discussion on New Aviation Policy draft tomorrow

Published 03 Mar, 2019 12:00am

Vehicles acquired from Tosha Khana: Zardari accused of making payments from fake bank accounts

Asif Ali Zardari, during his tenure as President of Pakistan, allegedly made payments of duty and taxes from fake bank accounts to acquire vehicles from Tosha Khana, a place where state gifts and emblems are stored. This was claimed in a letter written by

Published 20 Feb, 2019 12:00am

Betel nuts replaced with date seeds at Site's warehouse

Betel nuts worth in millions have reportedly been replaced with date seeds at State warehouse SITE by the officials of Directorate General Intelligence & Investigation (DGI&I) Customs, FBR, Karachi. This was revealed by warehouse in-charge Mehmood Akber,

Published 18 Feb, 2019 12:00am

Fake bank accounts: Rs 1.22 billion deals in Opal 25 (JV) under NAB's radar

The National Accountability Bureau (NAB), Rawalpindi has extended the ambit of inquiry into fake bank accounts scam to the transactions of Rs. 1.22 billion in M/s Opal 25 (JV) between M/s Bahria Town, M/s Zardari Group and others, it is learnt here.

Published 13 Feb, 2019 12:00am

New vehicles: No notification yet on lifting of curbs on non-filers

The federal government has so far not issued any notification regarding the abolishment of restriction imposed on non-filers for the purchase of new vehicles. The government through Finance Supplementary (Second Amendment Bill) 2019 proposed Clause 4(8) a

Published 08 Feb, 2019 12:00am

New vehicles: No notification yet on lifting of curbs on non-filers

Published 08 Feb, 2019 12:00am

New vehicles: No notification yet on lifting of curbs on non-filers

Published 08 Feb, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Swiss Franc / Dec 20	0.89
USD to Japanese Yen / Dec 23	156.63
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75
France CAC40 / Dec 20	7,274.48
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.70 ▲ 0.43 (10.07%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Bawany Air Products / Dec 23 Bawany Air Products Limited(BAPL)	37.62 ▲ 3.42 (10.00%)
BF Biosciences / Dec 23 BF Biosciences Limited(BFBIO)	231.43 ▲ 21.04 (10.00%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Engro Corp / Dec 23 Engro Corporation Limited(ENGRO)	435.67 ▲ 39.61 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
LSE Financial Serv. / Dec 23 LSE Financial Services Limited(LSEFSL)	14.63 ▼ -1.62 (-9.97%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.99 ▼ -1.52 (-9.80%)
National Silk / Dec 23 The National Silk & Rayon Mills Limited(NSRM)	50.51 ▼ -4.93 (-8.89%)
Leather Up Ltd. / Dec 23 Leather Up Limited(LEUL)	27.51 ▼ -2.67 (-8.85%)
Supernet Ltd. / Dec 23 Supernet Limited (GEM)(GEMSPNL)	15.55 ▼ -1.37 (-8.10%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.08
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.03
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.22
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.11
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.50
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.25
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 2.06
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.20
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 3.45

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