News stories for Tahir Amin - Business Recorder

Tahir Amin

Business & Finance

Launch of 5G services faces many challenges

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) stringed several challenges and impediments including low...

Published 16 Jan, 2023 06:18am

Business & Finance

Weekly SPI-based inflation on the rise

ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended January 12, recorded an increase ...

Published 14 Jan, 2023 06:22am

Pakistan

PSDP meetings: NHA chairman takes note of absence of senior officials

ISLAMABAD: The National Highways Authority (NHA) is facing serious issues in the settlement of audit paras as well ...

Published 13 Jan, 2023 06:05am

Deal signed with SFD to finance oil derivatives worth $1bn

ISLAMABAD: The Saudi Fund for Development (SFD) and Pakistan, on Thursday, signed a new agreement to finance oil...

Updated 13 Jan, 2023 08:47am

Technology

PTA releases annual report on cyber security

ISLAMABAD: The Pakistan Mobile Communications Limited (PMCL) - Jazz has secured the highest percentage of compliance...

Published 12 Jan, 2023 05:51am

Technology

MoITT finalises framework for managing spectrum dynamically

ISLAMABAD: The Ministry of Information Technology and Telecommunications (MoITT) has finalised the draft of the...

Published 12 Jan, 2023 05:51am

Business & Finance

Pakistan: Economic Management Support: ADB’s IED rates tech assistance as successful, relevant

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated technical...

Published 12 Jan, 2023 05:51am

World Bank projects 2pc growth

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth rate at two percent in the fiscal year 2022-23, half...

Published 11 Jan, 2023 05:53am

Business & Finance

Telecom sector generates record Rs694bn revenues during FY 2021-22

ISLAMABAD: Telecom sector generated record revenues of Rs 694 billion during the financial year 2021-22 compared to...

Published 10 Jan, 2023 06:00am

Pakistan

Govt inks accords for three uplift schemes to be funded by EU

ISLAMABAD: The government of Pakistan and the European Union have signed agreements for three new development...

Published 10 Jan, 2023 06:00am

Disaster risk reconstruction: ADB to reprioritise $1bn over 3 years

Key sectors of support include agriculture, natural resources, urban services, social protection, health, and public financial management

Updated 10 Jan, 2023 08:51am

Expansion of telecom services: USF spends Rs 124 billion on implementation of 130 projects

ISLAMABAD: The Universal Service Fund (USF) has spent around Rs124 billion so far to implement 130 projects across...

Updated 08 Jan, 2023 10:18am

Business & Finance

Telecom industry facing serious challenges, say officials

ISLAMABAD: The telecom industry in Pakistan is facing serious challenges, especially after recent floods and problem...

Published 05 Jan, 2023 05:58am

Business & Finance

10 months required to complete process for 5G launch: officials

ISLAMABAD: The government would require eight to 10 months after the issuance of a policy directive to complete the...

Published 04 Jan, 2023 06:02am

Jul-Dec trade deficit declines 32.65pc to $17.13bn YoY

The exports during July-December (2022-23) were recorded at $14.249 billion

Updated 04 Jan, 2023 09:11am

Inflation refuses to be tamed, rises to 24.5pc

The CPI in the first half (July-December) of current fiscal year on average remained at 25.02per cent compared to 9.81 per cent during the same period of the last fiscal year

Updated 03 Jan, 2023 09:09am

World Bank urged to help restructure FIIP

Official documents revealed the Financial Inclusion and Infrastructure Project (FIIP) was conceptualized to support the implementation of Pakistan’s National Financial Inclusion Strategy (NFIS) of the State Bank of Pakistan (SBP)

Updated 02 Jan, 2023 08:47am

Business & Finance

Power sector circular debt: MoITT demands Finance Division return Rs61.2bn borrowed from USF in 2013

ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has demanded the Finance Division to...

Published 31 Dec, 2022 07:36am

Business & Finance

SPI inflation down 0.09pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended December 29, recorded a decrease ...

Updated 31 Dec, 2022 08:46am

Pakistan

Amnesty for illegal foreigners in Pakistan to end on 31st

ISLAMABAD: The amnesty scheme for foreigners illegally staying in Pakistan to leave the country will expire on...

Published 30 Dec, 2022 05:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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