News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Business & Finance

Some banks reluctant to honour claims related to vandalism of lockers

LAHORE: Despite clear instructions from the State Bank of Pakistan (SBP), some banks are reluctant to honour the...

Published 07 Jul, 2023 05:24am

Business & Finance

Tax authorities accused of issuing ‘implausible’ audit notices

LAHORE: Tax authorities are accused of issuing notices without clarity and explicit reasons for selection of tax...

Published 05 Jul, 2023 06:00am

Pakistan

Slightly above-normal rainfall in upper parts of country expected

LAHORE: Pakistan Meteorological Department (PMD) has predicted slightly above normal rainfall in upper parts of the...

Published 02 Jul, 2023 03:13am

Business & Finance

Tax authorities pass assessment orders on incorrect assumptions?

LAHORE: Departmental store owners have alleged that the income tax authorities pass the assessment orders without...

Published 29 Jun, 2023 04:19am

Pakistan

Lahore receives 226mm of rainfall in a day

LAHORE: Rain in Lahore has broken previous records, as the observatories at Lahore airport and Lahore city have...

Published 27 Jun, 2023 06:15am

Pakistan

Lahore hit by unannounced power outages as demand-supply gap widens

LAHORE: The Lahore Electric Supply Company (Lesco) has started unannounced load-shedding in the city after widening...

Published 25 Jun, 2023 02:57am

Business & Finance

Import of goods: Customs accused of violating SBP provisions

LAHORE: Customs authorities are allegedly violating the legal provisions made by the State Bank of Pakistan for...

Published 23 Jun, 2023 06:00am

Business & Finance

Banks asked to stop selling insurance policies through managers

LAHORE: Federal Insurance Ombudsman (FIO) Dr Muhammad Khawar Jamil has directed banks to stop selling insurance...

Published 22 Jun, 2023 05:45am

Business & Finance

Punjab govt has added no new sector to ST on services domain

LAHORE: The Punjab government has neither imposed a new tax nor added any new sector to the domain of sales tax on...

Published 20 Jun, 2023 03:16am

Markets

Protection of cotton belt in Pakistan: FAO to install AWS in 5 southern Punjab districts

LAHORE: The Food and Agriculture Organisation (FAO) of the United Nations (UN) has come forward to protect the ...

Published 18 Jun, 2023 06:07am

Pakistan

Customs authorities imposing penalties without parameters

LAHORE: Customs authorities are accused of imposing duties and penalties on the basis of invoices retrieved from...

Published 17 Jun, 2023 06:13am

Pakistan

Insurance disputes: Number of appeals against FIO orders drops to zero: Ombudsman

LAHORE: The number of appeals against Federal Insurance Ombudsman (FIO) orders on insurance disputes has dropped to...

Published 15 Jun, 2023 06:03am

Markets

Fuel cost of power generation surges 24.6pc in April

LAHORE: In a significant development impacting Pakistan’s energy sector, the fuel cost of power generation surged...

Published 14 Jun, 2023 06:21am

Business & Finance

Determining value of goods: Customs ignoring criteria of ‘country of origin'

LAHORE: The customs authorities are accused of contravening the criterion of the 'country of origin' in determining...

Published 10 Jun, 2023 05:01am

Business & Finance

Premature claims: Some insurance cos accused of denying valuable right

LAHORE: Not all, but some insurance companies are found condemning insurance policyholders unheard and denying their...

Published 09 Jun, 2023 06:20am

Pakistan

PTI workers should be tried in ATCs: Aitzaz

LAHORE: Leading lawyer and PPP stalwart Barrister Aitzaz Ahsan has said the Pakistan Tehreek-e-Insaf (PTI) workers...

Published 07 Jun, 2023 06:05am

Pakistan

Mercury level expected to soar

LAHORE: The Pakistan Meteorological Department (PMD) has warned of sizzling hot weather during the next two weeks of...

Published 06 Jun, 2023 05:33am

PM Youth Loan Schemes: Beneficiaries say unable to pay mark-up

LAHORE: Most of the beneficiaries of the Prime Minister Youth Loan Schemes are not ready to pay the cost of funds...

Updated 04 Jun, 2023 09:33am

Pakistan

IK claims Khattak, Qaiser ‘in a safe house’

LAHORE: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has alleged that both Pervaiz Khattak and Asad Qaiser,...

Published 02 Jun, 2023 03:56am

Business & Finance

How deduction for bad debt can be allowed?

LAHORE: No taxpayer can seek a deduction for a debt as bad debt unless it is treated in the books and accounts as ...

Published 31 May, 2023 03:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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