News stories for Tahir Amin - Business Recorder

Tahir Amin

Telenor, Orion Towers: CCP to announce decision on PTCL’s acquisition soon

ISLAMABAD: “The Competition Commission of Pakistan (CCP) is all set to announce the decision regarding Pakistan...

Updated 20 Jan, 2025 09:11am

Govt takes major step towards giving teeth to Peca law

ISLAMABAD: The government has proposed several amendments in the PECA law including establishing the Digital Rights...

Updated 19 Jan, 2025 09:59am

Pakistan

Cost of Hyderabad-Sukkur Motorway escalates to Rs400bn: NHA

ISLAMABAD: The cost of Hyderabad-Sukkur Motorway (M-6) is estimated to escalate and reach around Rs400 billion...

Published 18 Jan, 2025 05:45am

IMF trims growth projection to 3pc

ISLAMABAD: The International Monetary Fund (IMF) has revised downward GDP growth rate projection for Pakistan to...

Updated 18 Jan, 2025 03:10pm

5 more ministries to be examined for rightsizing

Minister for Finance and Revenue Muhammad Aurangzeb chairs meeting of the Committee on Rightsizing the Federal Government

Updated 18 Jan, 2025 03:32pm

Revolving fund accounts: Accounting procedure revised

ISLAMABAD: The government has revised accounting procedure for revolving fund accounts (foreign aid assignment...

Updated 18 Jan, 2025 09:01am

Electricity: annual rebasing from Jan 1 approved

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved the revision in the annual rebasing...

Updated 18 Jan, 2025 03:08pm

CCoSOEs approves business plans for PBC, PTV

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Friday approved business plans submitted by...

Updated 18 Jan, 2025 09:38am

Business & Finance

Weekly SPI inflation down 0.39pc

ISLAMABAD: The Sensitive Price Index-based inflation for the week ended January 16, 2025, decreased by 0.39per cent...

Published 18 Jan, 2025 05:45am

Foreign-funded projects: Design changes, consultant delays stall work: Senate panel

ISLAMABAD: The Senate Standing Committee on Economic Affairs expressed serious concerns over the delay in the...

Updated 17 Jan, 2025 09:17am

NEV policy tailored to meet national priorities: MoI&P

ISLAMABAD: Ministry of Industries and Production emphasised policy interventions to ensure smooth adoption of New...

Updated 17 Jan, 2025 03:57pm

Business & Finance

World Bank projects 2.8pc growth boost

ISLAMABAD: Growth in Pakistan is projected to strengthen to 2.8 percent in fiscal year 2024-25 and 3.2 percent in...

Published 17 Jan, 2025 02:56am

5MFY25: LSM sector sees 1.25pc contraction YoY

ISLAMABAD: The overall Large Scale Manufacturing (LSM) sector has shown a growth of -1.25 percent during the first...

Updated 16 Jan, 2025 04:11pm

Senate panel told: Exporters fail to avail CPFTA-II opportunities

ISLAMABAD: Commercial Section Pakistan Embassy Beijing admitted that neither the opportunities arising from China...

Updated 16 Jan, 2025 08:54am

Economy’s growth model needs urgent overhaul: World Bank

ISLAMABAD: Pakistan’s model of growth — dominated by (public) consumption, high levels of debt, low productivity and...

Updated 16 Jan, 2025 08:50am

Business & Finance

USF subsidy: PTCL, Ufone take major chunk

ISLAMABAD: Pakistan Telecommunication Comp-any Limited (PTCL) and Ufone took major chunk of around Rs77 billion or ...

Published 16 Jan, 2025 03:04am

Technology

Starlink internet services: Existing players could face some serious challenges

ISLAMABAD: Amid slow speed and internet service issues in the country, Starlink internet services, if launched in...

Published 15 Jan, 2025 02:59am

Pakistan

Smartphones on easy instalments: Govt and CMOs agree to roll out new scheme

ISLAMABAD: The government and all four cellular mobile operators (CMOs) have agreed in principle to launch the...

Published 15 Jan, 2025 02:59am

World Bank approves 10-year Country Partnership Framework

ISLAMABAD: The World Bank’s Board of Directors has approved the first-ever 10-year Country Partnership Framework for...

Updated 15 Jan, 2025 09:19am

Pakistan

‘Sindh barrages improvement project’: WB terms implementation progress ‘satisfactory’

ISLAMABAD: The World Bank has rated the overall implementation progress of “Sindh Barrages Improvement Project”...

Published 14 Jan, 2025 03:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 20	278.70
USD PKR Interbank Buying / Jan 20	278.50
USD to Japanese Yen / Jan 20	156.03
USD to Swiss Franc / Jan 20	0.91
Pound Sterling to USD / Jan 20	1.22
Euro to USD / Jan 20	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 20	77,231.09
Tokyo Nikkei / Jan 20	38,932.72
Hang Seng / Jan 20	19,990.17
FTSE 100 / Jan 20	8,532.51
Germany DAX 30 / Jan 20	20,903.07

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Petrol/Litre / Jan 20	256.13
Crude Oil USD/Barrel / Jan 20	77.94
Gold Spot USD/Ounce / Jan 20	2,707.81
Diesel/Litre / Jan 20	260.95

Gainers
Losers
Leaders

Stock	Price
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	3.61 ▲ 0.91 (33.70%)
Burj Clean Energy Modaraba / Jan 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.60 ▲ 1.00 (13.16%)
Apna Microfin. / Jan 20 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
I.C.C. Ind. / Jan 20 ICC Industries Limited(ICCI)	11.61 ▲ 1.06 (10.05%)
Loads Limited / Jan 20 Loads Limited(LOADS)	17 ▲ 1.55 (10.03%)
AKD Securities / Jan 20 AKD Securities Limited(AKDSL)	24.93 ▲ 2.27 (10.02%)
Ghani Chem. Ind. / Jan 20 Ghani Chemical Industries Limited(GCIL)	18.24 ▲ 1.66 (10.01%)
Attock Cement / Jan 20 Attock Cement Pakistan Limited(ACPL)	254.47 ▲ 23.13 (10.00%)
Baba Farid Sugar / Jan 20 Baba Farid Sugar Mills Limited(BAFS)	53.44 ▲ 4.86 (10.00%)

Stock	Price
Hussain Industries / Jan 20 Husein Industries Limited(HUSI)	31.09 ▼ -3.45 (-9.99%)
Faisal Sp. / Jan 20 Faisal Spinning Mills Limited(FASM)	334.01 ▼ -35.89 (-9.70%)
Parmount Sp. / Jan 20 Paramount Spinning Mills Limited(PASM)	4.61 ▼ -0.44 (-8.71%)
Sindh Abadgar / Jan 20 Sindh Abadgar's Sugar Mills Limited(SASML)	38.04 ▼ -3.46 (-8.34%)
MithchellsFruit / Jan 20 Mitchells Fruit Farms Limited(MFFL)	279 ▼ -24.10 (-7.95%)
LSE Financial Serv. / Jan 20 LSE Financial Services Limited(LSEFSL)	19.26 ▼ -1.62 (-7.76%)
AN Textile Mill / Jan 20 AN Textile Mills Limited(ANTM)	11.80 ▼ -0.99 (-7.74%)
Service Textile / Jan 20 Service Industries Textiles Limited(SERT)	13.82 ▼ -1.16 (-7.74%)
Masood Textile / Jan 20 Masood Textile Mills Limited(MSOT)	52.02 ▼ -4.22 (-7.50%)

Stock	Volume
WorldCall Telecom / Jan 20 Worldcall Telecom Limited(WTL)	101,934,297 ▼ -0.01
Lotte Chemical / Jan 20 Lotte Chemical Pakistan Limited(LOTCHEM)	59,408,954 ▲ 1.94
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	57,604,421 ▲ 0.91
Hub Power Co. / Jan 20 The Hub Power Company Limited(HUBC)	36,888,747 ▲ 0.70
Hascol Petrol / Jan 20 Hascol Petroleum Limited(HASCOL)	32,496,536 ▲ 0.17
Dewan Motors / Jan 20 Dewan Farooque Motors Limited(DFML)	28,438,701 ▲ 1.02
Citi Pharma Ltd / Jan 20 Citi Pharma Ltd.(CPHL)	24,244,731 ▲ 7.71
Maple Leaf Cement / Jan 20 Maple Leaf Cement Factory Limited(MLCF)	19,741,577 ▲ 2.08
The Searle Co. / Jan 20 The Searle Company Limited(SEARL)	17,062,686 ▲ 4.29

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular