News stories for Fazal Sher - Business Recorder

Fazal Sher

PARC's BoG approves Rs 3.08 billion budget

Pakistan Agriculture Research Council's (PARC) Board of Governors (BoG) approved Rs 3.08 billion budget for the current financial year 2019-20, which includes Rs 2.3 billion to meet development expenditures.

Published 09 Jan, 2020 12:00am

Pakistan

Thatta water supply scheme: NAB seeks more time from court for filing supplementary reference

The National Accountability Bureau (NAB) on Wednesday sought more time from the Accountability Court, hearing multibillion rupees fake bank accounts case, for filing a supplementary reference in Thatta water supply scheme reference.

Published 09 Jan, 2020 12:00am

Pakistan

Fake accounts, Park Lane cases: Zardari, Faryal to be indicted on 22nd

The Accountability Court hearing multibillion rupees fake bank accounts case on Tuesday said that former president Asif Ali Zardari, his sister Faryal Talpur and other accused in the mega money laundering and Park Lane cases would be indicted on January 2

Published 08 Jan, 2020 12:00am

Pakistan

RPP case: Defense counsel asked to submit objections

The Accountability Court hearing Reshma Rental Power Plant (RPP) and Gulf Power Generation Company Ltd cases against former prime minister Raja Pervez Ashraf and others on Tuesday asked the defense counsel to submit his objections in writing against the i

Published 08 Jan, 2020 12:00am

Pakistan

Army Act amendment bill: Government responsible for delay in passage: Abbasi

Former prime minister Shahid Khaqan Abbasi on Monday held the government responsible for delay in passage of the amendment to the Pakistan Army Act.

Published 07 Jan, 2020 12:00am

Pakistan

NSCCP scam: Physical remand of Ahsan extended till 13th

The Accountability Court on Monday extended physical remand of senior leader of Pakistan Muslim League-Nawaz (PML-N) and former interior minister Ahsan Iqbal in Narowal Sport City Complex Project (NSCCP) scam till January 13.

Published 07 Jan, 2020 12:00am

Pakistan

KP ex-IGP Dr Naeem removed on poor performance charge

The government removed Khyber-Pakhtunkhwa former Inspector General of Police (IGP) Dr Naeem Khan because of his poor performance in extending police jurisdiction into the newly merged districts previously known as the Federally Administered Tribal Areas (

Published 05 Jan, 2020 12:00am

Pakistan

CIA busted eight major gangs in 2019

The Crime Investigation Agency (CIA) of Islamabad police claimed to have busted eight major gangs comprising 34 members during 2019 and recovered Rs 28.9 million cash, gold ornaments, cell phones, vehicles and weapons from them.

Published 04 Jan, 2020 12:00am

Pakistan

Judge video scandal: Accused issued notices to appear before court on January 8

The Prevention of Electronic Crimes (cyber crimes) Court on Tuesday issued notices to the accused of the judge video scandal case and directed them to appear before it on January 8.

Published 03 Jan, 2020 12:00am

Pakistan

Fake accounts case: NAB asked to submit report on sugarcane subsidy on January 20

The Accountability Court hearing multibillion rupees fake bank accounts case on Thursday directed National Accountability Bureau to submit progress report of investigations conducted regarding misappropriation in the government subsidy awarded for sugarca

Published 03 Jan, 2020 12:00am

Pakistan

Dishonored bank cheques: over 70,583 cases registered across country

Police across the country registered over 70,583 cases on account of dishonored bank cheques during the last three years and only 2,683 persons were convicted out of the total.

Published 27 Dec, 2019 12:00am

NAB obtains 13-day physical remand of Ahsan

The Accountability Court on Tuesday granted National Accountability Bureau (NAB) 13-day physical remand of senior leader of Pakistan Muslim League-Nawaz (PML-N) and former interior minister Ahsan Iqbal in Narowal Sport City Complex Project (NSCCP) scam.

Published 25 Dec, 2019 12:00am

PML-N's Ahsan Iqbal arrested

The National Accountability Bureau (NAB) on Monday arrested senior Pakistan Muslim League-Nawaz (PML-N) leader and former interior minister Ahsan Iqbal in the Narowal Sport City Complex Project (NSCCP) scam.

Published 24 Dec, 2019 12:00am

MPs seek in-depth briefing on objections raised by FATF

Parliamentarians Monday asked the Ministry of Interior to brief them about the nature of objections raised by Financial Action Task Force (FATAF) for putting Pakistan on the grey list.

Published 24 Dec, 2019 12:00am

Robbers storm Akram Sheikh's farmhouse, take away valuables

Armed robbers stormed the farmhouse of senior lawyer Akram Sheikh, made him and his family hostage at gunpoint and took away cash and other valuables, police said on Saturday.

Published 22 Dec, 2019 12:00am

Pakistan

MoI officials barred from interaction with media, social media

The Ministry of Interior has asked officers and officials of its attached departments neither to interact with media nor upload any official view on any issue on social media.

Published 21 Dec, 2019 12:00am

Business & Finance

Balochistan, KP: PARC chief for growing cotton in newly identified areas

Cotton should be grown in newly identified areas in Balochistan and Khyber Pakhtunkhwa to improve its declining production in the country, said Dr Muhammad Azeem, Chairman Pakistan Agricultural Research Council (PARC), on Thursday.

Published 20 Dec, 2019 12:00am

Pakistan

Money laundering case: AC orders Faryal's release on bail

The Accountability Court hearing multibillion rupees fake bank accounts case on Wednesday issued a robkar (order of the court) for release of Pakistan Peoples Party (PPP) leader Faryal Talpur in the mega money laundering case.

Published 19 Dec, 2019 12:00am

Rising cost of farming inputs: Postponement of strike by PKI irks farmers

Pakistan Kissan Ittehad (PKI) postponed its protest against rising cost of farming inputs on Wednesday and left the frustrated farmers at the mercy of the government.

Published 19 Dec, 2019 12:00am

Pakistan

NAB hands over questionnaire to Khawaja Asif

Pakistan Muslim League-Nawaz (PML-N) leader and former defense minister, Khawaja Muhammad Asif on Wednesday appeared before National Accountability Bureau (NAB) in the connection with the assets beyond means case. The NAB officials said that Asif appeared

Published 19 Dec, 2019 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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