News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Business & Finance

Banks can’t auction joint Khata properties without demarcation of land

LAHORE: Banks cannot auction joint Khata properties without demarcation of land. A higher appellate forum has set...

Updated 24 Jan, 2025 06:58am

Pakistan

Customs dept fails to establish use of oil tanker in diesel smuggling

LAHORE: the Customs department has failed to establish use of an oil tanker in smuggling of diesel, as the relevant...

Published 22 Jan, 2025 07:44am

Business & Finance

Forum upholds Rs500,000 fine on insurance company

LAHORE: An appellate forum has upheld a penalty of Rs500,000 imposed on an insurance company for violating various...

Published 21 Jan, 2025 06:12am

Markets

Subsidy paid to Cotton Export Corporation liable to income tax

LAHORE: An appellate forum has held that a subsidy paid by the federal government to the Cotton Export Corporation ...

Published 18 Jan, 2025 05:45am

Business & Finance

Customs Tribunal rules in favour of vehicle owner, waives penalty

LAHORE: The Customs Appellate Tribunal has dismissed an appeal filed by the Collectorate, upholding the decision of...

Published 17 Jan, 2025 02:56am

Banking courts lack jurisdiction to entertain tort claims?

LAHORE: A higher appellate forum has set aside a judgment passed by the banking court, ruling that the banking ...

Published 16 Jan, 2025 03:05am

Business & Finance

Tax dept’s ‘coercive’ measures against SOEs challenged

LAHORE: A State-Owned Enterprise (SOE) has challenged a blatant disregard for the law by the tax department for...

Published 12 Jan, 2025 02:44am

Business & Finance

Forum sets aside FTO’s order against IR official

LAHORE: A senior official of the Inland Revenue department has got rescinded adverse remarks made by the Federal Tax...

Published 10 Jan, 2025 03:51am

Pakistan

Customs dept secures ruling of upholding confiscation of smuggled goods

LAHORE: In a significant ruling, the Customs department has secured a decision in its favour regarding upholding the...

Published 08 Jan, 2025 07:51am

Pakistan

Soil moisture stress may affect crop growth in 3 provinces

LAHORE: Near normal to slightly below normal rainfall with above normal day time temperature in southern parts...

Published 04 Jan, 2025 08:04am

Business & Finance

Tax dept suggests CAA to opt for ADR path to claim tax exemption

LAHORE: The Income Tax department has proved that the Civil Aviation Authority (CAA), a state-owned enterprise ...

Published 03 Jan, 2025 07:20am

Business & Finance

Cocoa powder importers fail to claim exemption

LAHORE: The importers of Cocoa Powder have failed to claim exemption under two different notifications...

Published 01 Jan, 2025 03:03am

Business & Finance

Tribunal directs cos to appoint qualified insurance agents

LAHORE: An Insurance Tribunal has directed insurance companies to appoint qualified insurance agents enable to...

Published 29 Dec, 2024 02:48am

Business & Finance

Insurance firm fails to challenge SECP powers

LAHORE: An insurance company has failed to challenge the powers of Securities and Exchange Commission of Pakistan...

Published 26 Dec, 2024 06:11am

Business & Finance

Insurance firm fails to challenge SECP powers

LAHORE: An insurance company has failed to challenge the powers of Securities and Exchange Commission of Pakistan...

Published 21 Dec, 2024 06:24am

Business & Finance

Crackdown launched on sales tax evaders

LAHORE: The sales tax department has taken strong stance against tax evasion, rejecting the plea of an importer who...

Published 18 Dec, 2024 08:05am

Pakistan

‘Currency smugglers take advantage of no counter of declaration at border’

LAHORE: Currency smugglers are taking advantage of the absence of a counter of declaration and facility of...

Published 14 Dec, 2024 08:50am

Markets

Winter demand initiative: Not more than Rs2.5/unit saving even with 40pc rise in consumption

LAHORE: The industrial consumers have apprehended that the maximum saving would not exceed Rs2.5 per unit even with ...

Published 13 Dec, 2024 06:29am

Business & Finance

SECP directed to ensure availability of UAN, websites with insurance companies

LAHORE: An Insurance Tribunal has directed the Securities and Exchange Commission of Pakistan (SECP) to ensure...

Published 12 Dec, 2024 06:01am

Business & Finance

Customs reduces values of imported power tools

LAHORE: In a stunning reversal, the customs valuation department has effectively reduced the custom values of power...

Updated 10 Dec, 2024 09:13am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	155.53
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.24
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 23	6,118.71
India Sensex / Jan 23	76,520.38
Tokyo Nikkei / Jan 23	40,200.76
Nasdaq / Jan 23	20,053.68
Hang Seng / Jan 23	20,038.94
FTSE 100 / Jan 23	8,565.20
Dow Jones / Jan 23	44,565.07
Germany DAX 30 / Jan 23	21,411.53

Item	Value
Crude Oil USD/Barrel / Jan 23	74.44
Karachi Cotton PKR/37.32 KG / Jan 23	18,485
Gold 10 Grams PKR / Jan 23	245,799
Gold Spot USD/Ounce / Jan 23	2,772.88
Cotton US¢/pound / Jan 23	67.81
Petrol/Litre / Jan 24	256.13

Gainers
Losers
Leaders

Stock	Price
Escorts Bank / Jan 24 Escorts Investment Bank Limited(ESBL)	6.79 ▲ 1.00 (17.27%)
J.K.Spinning / Jan 24 J.K. Spinning Mills Limited(JKSM)	66.55 ▲ 6.05 (10.00%)
Loads Limited / Jan 24 Loads Limited(LOADS)	18.92 ▲ 1.72 (10.00%)
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	44.11 ▲ 4.01 (10.00%)
I.C.C. Ind. / Jan 24 ICC Industries Limited(ICCI)	12.88 ▲ 1.17 (9.99%)
Leather Up Ltd. / Jan 24 Leather Up Limited(LEUL)	33.36 ▲ 3.03 (9.99%)
Din Tex. / Jan 24 Din Textile Mills Limited(DINT)	51.80 ▲ 4.70 (9.98%)
Saritow Spinning / Jan 24 Saritow Spinning Mills Limited(SSML)	11.13 ▲ 1.01 (9.98%)
Agriautos Ind. / Jan 24 Agriauto Industries Limited(AGIL)	111 ▲ 10.01 (9.91%)

Stock	Price
Tri-Star Mutual / Jan 24 Tri-Star Mutual Fund Limited(TSMF)	6.56 ▼ -1.00 (-13.23%)
East West Ins. / Jan 24 East West Insurance Company Limited(EWIC)	51.56 ▼ -5.73 (-10.00%)
Al-Khair Gadoon / Jan 24 Al-Khair Gadoon Limited(AKGL)	32.86 ▼ -3.64 (-9.97%)
Kohat Textile / Jan 24 Kohat Textile Mills Limited(KOHTM)	31.81 ▼ -3.32 (-9.45%)
Hoechst Pak. / Jan 24 Hoechst Pakistan Limited(HPL)	2,991 ▼ -300.79 (-9.14%)
Sana Ind / Jan 24 Sana Industries Limited(SNAI)	27.02 ▼ -1.58 (-5.52%)
Hussain Industries / Jan 24 Husein Industries Limited(HUSI)	27.90 ▼ -1.52 (-5.17%)
Shadab Textile / Jan 24 Shadab Textile Mills Limited(SHDT)	20.50 ▼ -1.00 (-4.65%)
Reliance Cotton / Jan 24 Reliance Cotton Spinning Mills Limited(RCML)	550.01 ▼ -25.51 (-4.43%)

Stock	Volume
Cnergyico PK / Jan 24 Cnergyico PK Limited(CNERGY)	143,693,542 ▼ -0.05
WorldCall Telecom / Jan 24 Worldcall Telecom Limited(WTL)	78,194,783 ▲ 0.04
Fauji Cement / Jan 24 Fauji Cement Company Limited(FCCL)	47,170,217 ▼ -0.71
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	35,630,848 ▼ -0.01
Citi Pharma Ltd / Jan 24 Citi Pharma Ltd.(CPHL)	32,528,835 ▲ 0.48
Maple Leaf Cement / Jan 24 Maple Leaf Cement Factory Limited(MLCF)	26,433,374 ▼ -0.51
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	25,588,257 ▲ 4.01
Fauji Foods Ltd / Jan 24 Fauji Foods Limited(FFL)	22,111,604 ▲ 0.19
The Searle Co. / Jan 24 The Searle Company Limited(SEARL)	15,937,709 ▲ 3.66

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