News stories for Fazal Sher - Business Recorder

Fazal Sher

Urea price reduced to Rs 1,665/bag

The government has reduced urea fertiliser price from Rs2,040 per 50kg bag to Rs1,665 to provide relief to the farmers.

Published 06 Mar, 2020 12:00am

Pakistan

NA body demands adequate security for lawmakers

A parliamentary body on Thursday asked the central and the provincial governments to provide adequate security to the parliamentarians on a priority.

Published 06 Mar, 2020 12:00am

Pakistan

Fake bank accounts case: Non-compliance of summons issued to accused irks court

The Accountability Court hearing multi-billion rupees fake bank accounts case on Wednesday expressed annoyance on non-compliance of summons issued to the accused in corruption reference filed on charges of incurring Rs 25 billion in losses to the Sindh Ba

Updated 05 Mar, 2020 09:00am

Pakistan

AC seeks Faryal's sources of income

The Accountability Court hearing multi-billion-rupee fake bank accounts case on Tuesday sought sources of income of former president Asif Ali Zardari's sister Faryal Talpur with respect to her plea to unfreeze her bank accounts.

Published 04 Mar, 2020 12:00am

Pakistan

Park Lane case: AC to indict Zardari, other accused on March 25

The Accountability Court hearing multi-billion-rupee fake bank accounts case on Tuesday fixed March 25 for the indictment of former president Asif Ali Zardari and other accused in the Park Lane case. The Accountability Court Judge, Azam Khan, while hearin

Published 04 Mar, 2020 12:00am

Zardari's house: NAB's plea allowed by court

The Accountability Court hearing multi-billion-rupee fake bank accounts case on Monday approved the National Accountability Bureau's(NAB's) request seeking confirmation of seizure of former president Asif Ali Zardari's house situated in Karachi's Clifton

Published 03 Mar, 2020 12:00am

NAB files another reference against Zardari, Nawaz & Gilani

The National Accountability Bureau (NAB) has filed another corruption reference against former president Asif Ali Zardari and two former prime ministers Nawaz Sharif and Syed Yousaf Raza Gilani for allegedly acquiring vehicles and gifts from Toshakhana (t

Published 03 Mar, 2020 12:00am

Pakistan

NSCCP scam: NAB told to file reference against Ahsan Iqbal

The Accountability Court hearing the Narowal Sports City Complex Project (NSCCP) scam against the former interior minister Ahsan Iqbal, on Friday directed the National Accountability Bureau (NAB) to file a reference with respect to this case within one mo

Published 29 Feb, 2020 12:00am

Pakistan

To meet challenges of coronavirus: Senate body for creating special fund

A parliamentary body on Thursday asked the government to create a special fund for preparedness and response against coronavirus and declare it a "hazard" to national security. The Senate Standing Committee on Interior, which met with Senator Rehman Malik

Published 28 Feb, 2020 12:00am

Pakistan

Khaqan, Ahsan released from Adiala Jail

Former Prime Minister Shahid Khaqan Abbasi and former interior minister Ahsan Iqbal were released from jail on Wednesday, after the Accountability Court issued orders for their release.

Published 27 Feb, 2020 12:00am

Pakistan

Acquittal pleas in RPP case: NAB fails to submit reply before court

The National Accountability Bureau (NAB) on Tuesday failed to submit its reply before the Accountability Court regarding acquittal pleas filed by former prime minister Raja Pervaiz Ashraf and others in Karkey Rental Power Plant (RPP) case under the NAB Am

Published 26 Feb, 2020 12:00am

Pakistan

Abbasi, Iqbal granted bail: NAB decides to move SC against IHC's order

The National Accountability Bureau (NAB) has decided to approach the Supreme Court against the order of the Islamabad High Court (IHC) that granted bail to former prime minister Shahid Khaqan Abbasi and the former interior minister Ahsan Iqbal on Tuesday.

Published 26 Feb, 2020 12:00am

Pakistan

Illegal allotment of welfare plots: NAB asked to provide copies of supplementary reference till March 4

The Accountability Court hearing fake accounts case involving billions of rupees, on Monday directed the National Accountability Bureau (NAB) to provide copies of the supplementary reference in illegal allotment of welfare plots case till March 4th.

Published 25 Feb, 2020 12:00am

Pakistan

Judicial remand of ex-PM Abbasi extended till March 9

An Accountability Court on Friday extended judicial remand of former prime minister Shahid Khaqan Abbasi till March 9 in the Liquefied Natural Gas (LNG) case. The jail authorities produced the former premier and senior leader of the Pakistan Muslim League

Published 22 Feb, 2020 12:00am

Pakistan

Ex-PM Pervez Ashraf, others: Court seeks reply from NAB on acquittal applications

The Accountability Court hearing Reshma Rental Power Plant (RPP) and the Gulf Power Generation Company (Ltd) cases against former prime minister Raja Pervez Ashraf and others on Thursday sought reply from the National Accountability Bureau (NAB) on acquit

Published 21 Feb, 2020 12:00am

Pakistan

PMDC employees' reinstatement: IHC issues contempt of court notice to MNHSRC

The Islamabad High Court (IHC) on Wednesday issued contempt of court notice to the Ministry of National Health Services, Regulations and Coordination (MNHSRC) for not restoring services of the Pakistan Medical and Dental Council (PMDC)'s employees despite

Published 20 Feb, 2020 12:00am

Sugarcane subsidy to growers: AC extends judicial remand of accused till March 3

The Accountability Court hearing multi-billion-rupee fake bank accounts cases, on Tuesday, extended the judicial remand of the accused in the corruption reference pertaining to misappropriation of subsidy given to sugarcane growers till March 3rd.

Published 19 Feb, 2020 12:00am

Pakistan

AC adjourns hearing of Lok Virsa scam till March 17

The Accountability Court on Monday adjourned hearing of reference regarding alleged corruption in self generated fund (SGF) of Lok Virsa causing loss of Rs30.13 million to the national exchequer against Senator Rubina Khalid belonging to the Pakistan Peop

Published 18 Feb, 2020 12:00am

FAO to develop roadmap for locust control

The Food and Agriculture Organisation (FAO) of the United Nations and the Ministry of National Food Security and Research (MNFS&R) on Saturday agreed to develop a roadmap for locust control in Pakistan. The decision to this effect was taken at a meeting b

Published 16 Feb, 2020 12:00am

Pakistan

Ministry's petition challenging advocate's release adjourned till February 18

The Supreme Court on Friday adjourned hearing of Ministry of Defence's petition, challenging the release of advocate Col Inamur Raheem (retired) till February 18.

Published 15 Feb, 2020 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.78
USD PKR Interbank Buying / Jan 10	278.58
USD to Japanese Yen / Jan 10	157.84
USD to Swiss Franc / Jan 10	0.92
Pound Sterling to USD / Jan 10	1.22
Euro to USD / Jan 10	1.02

Stock	Volume
S&P 500 / Jan 10	5,824.15
India Sensex / Jan 10	77,378.91
Tokyo Nikkei / Jan 10	39,100.40
Nasdaq / Jan 10	19,146.19
Hang Seng / Jan 10	19,064.29
FTSE 100 / Jan 10	8,248.49
Dow Jones / Jan 10	41,910.26
Germany DAX 30 / Jan 10	20,214.79

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 10	76.56
Karachi Cotton PKR/37.32 KG / Jan 10	18,785
Gold Spot USD/Ounce / Jan 10	2,716.80
Cotton US¢/pound / Jan 10	67.01
Petrol/Litre / Jan 11	252.66

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

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