News stories for Muhammad Ali - Business Recorder

Muhammad Ali

Hefty penalty imposed on manufacturer: FBR begins scrutinising cement sector

KARACHI: The Federal Board of Revenue (FBR) has started scrutinizing the cement sector after imposing a hefty...

Updated 29 Oct, 2024 09:29am

Pakistan

Over Rs23m seized goods ‘vanish’ from airport

KARACHI: The confiscated goods worth over Rs. 23 million have been pilfered from the airport terminal under the nose...

Published 23 Oct, 2024 06:22am

Business & Finance

Over 7 times the value: Importer accused of selling gears to defence facility

KARACHI: A Karachi-based importer allegedly sold imported mechanical equipment to one of the defense manufacturing...

Published 11 Oct, 2024 06:30am

Pakistan

Passengers from small cities: DG CAA vows improved travelling facilities

KARACHI: In a significant move to enhance air travel connectivity across Pakistan, the Director General of the Civil...

Published 08 Oct, 2024 06:46am

Gang exploits dormant taxpayer identities to commit Rs81bn fraud

KARACHI: A cybercrime gang, allegedly facilitated by current and former PRAL and FBR officials, has exploited...

Updated 08 Oct, 2024 02:38pm

Confiscated goods worth millions stolen from KICT, QICT

KARACHI: A huge quantity of confiscated goods including machine parts, electronic items and aluminium sheets worth...

Updated 06 Oct, 2024 10:00am

Business & Finance

Customs uncovers over Rs35m tax evasion thru mis-declaration of soyabean products

KARACHI: The Collectorate of Customs, Appraisement (SAPT), Karachi has uncovered over Rs35 million tax evasion...

Published 01 Oct, 2024 06:49am

Business & Finance

Cement co found involved in massive tax fraud

KARACHI: A top cement company is involved in a huge tax fraud scheme amounting to over Rs. 11 billion through a ...

Published 28 Sep, 2024 07:16am

Pakistan

Private airline’s flight narrowly averts disaster

KARACHI: A Fly Jinnah aircraft narrowly averted disaster when it safely executed an emergency landing after a cargo...

Updated 24 Sep, 2024 03:12pm

Business & Finance

PQA operations: AGP flags potential violations of policy, rules

KARACHI: A recent audit of the Port Qasim Authority (PQA) has revealed potential violations of Pakistan’s Merchant...

Published 19 Sep, 2024 06:37am

IMF deal to be made public: Aurangzeb

Outlines key aspects of the latest IMF agreement

Updated 14 Sep, 2024 09:37pm

Capacity tariff of Chinese IPPs: China appears unwilling to renegotiate?

Addressing APNS gathering, Chinese Ambassador to Pakistan Jiang Zaidong says IPPs helped resolve power issues in Pakistan

Updated 06 Sep, 2024 11:23am

Business & Finance

Major sales tax fraud unearthed

KARACHI: The Directorate of Internal Audit (Southern Region) has uncovered a major sales tax fraud involving Rs 11.3...

Published 16 Aug, 2024 06:56am

Business & Finance

PCA South uncovers Rs551m EFS scam in textile unit

KARACHI: The Post Clearance Audit (PCA) South has unveiled a colossal fiscal fraud and Export Facilitation Scheme...

Published 13 Aug, 2024 07:02am

Nine iron, steel importers laundered money

KARACHI: Some nine iron and steel importers have been caught in a massive money laundering worth a staggering Rs 9.7...

Updated 10 Aug, 2024 04:23pm

Mobile SIM blocking: KTBA urges FBR to update list on weekly basis

KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to update the SIM...

Updated 09 Aug, 2024 09:17am

Business & Finance

Pak Suzuki Motor Co shuts down plant in Karachi

KARACHI: Pak Suzuki Motor Company has been forced to shut down its manufacturing plant in Karachi due to a prolonged...

Published 09 Aug, 2024 06:56am

Business & Finance

Taxpayers face problems at e-Sahulat centres

KARACHI: The Sales tax registered taxpayers are encountering difficulties in obtaining biometric verification from...

Published 27 Jul, 2024 06:18am

AGP finds Rs33bn discrepancies in tax receipts

KARACHI: The Auditor General of Pakistan (AGP) has uncovered significant discrepancies exceeding Rs. 33,500 million...

Updated 25 Jul, 2024 09:33am

Pakistan

Rightsizing initiative: Five ministries given July 12 deadline to respond

KARACHI: Five federal ministries have been identified as the initial focus of a comprehensive rightsizing initiative...

Published 11 Jul, 2024 07:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 31	277.92
USD PKR Interbank Buying / Oct 31	277.72
USD to Japanese Yen / Oct 31	152.20
USD to Swiss Franc / Oct 31	0.86
Pound Sterling to USD / Oct 31	1.30
Euro to USD / Oct 31	1.09

Stock	Volume
S&P 500 / Oct 30	5,813.67
Nasdaq / Oct 30	18,607.93
Dow Jones / Oct 30	42,141.54
India Sensex / Oct 31	79,453.59
Tokyo Nikkei / Oct 31	39,081.25
Hang Seng / Oct 31	20,382.25
FTSE 100 / Oct 31	8,105.12
Germany DAX 30 / Oct 31	19,158.33

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Petrol/Litre / Oct 31	247.03
Crude Oil USD/Barrel / Oct 31	69
Gold Spot USD/Ounce / Oct 31	2,781.74
Diesel/Litre / Oct 31	251.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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