News stories for Hamid Waleed - Business Recorder

Hamid Waleed

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

Business & Finance

Housing societies defying registration to avoid ST

LAHORE: Housing societies in Punjab are defying registration with the Punjab Revenue Authority (PRA) to avoid sales...

Published 28 May, 2023 03:34am

Pakistan

Punjab: maximum temperature remains below 40C in May

LAHORE: The maximum temperature remained below 40C during May throughout Punjab. Still, it could touch 44C just once...

Published 26 May, 2023 06:48am

Business & Finance

Inland Revenue department: Customs authorities accused of interfering in the domain

LAHORE: Customs authorities are accused of interfering the domain of Inland Revenue department by issuing notices ...

Published 25 May, 2023 06:26am

Pakistan

In some cases, policyholders’ nominees found to be committing fraud

LAHORE: The nominees of policyholders under various insurance policies are found to be depriving the legal heirs of ...

Published 24 May, 2023 05:57am

Business & Finance

Field formations can’t deny benefit of exemption to entitled taxpayers

LAHORE: Field formations of the Federal Board of Revenue (FBR) cannot deny the benefit of an exemption if the...

Published 23 May, 2023 06:14am

Business & Finance

‘No official can override tax exemption by changing opinion’

LAHORE: “No tax official can override tax exemption by changing his opinion under the garb of rectification of...

Published 21 May, 2023 04:00am

Pakistan

‘Time has come to seek freedom,’ says Imran

LAHORE: In a video message released on Tuesday evening, the PTI chief started with the example of Genghis Khan,...

Published 17 May, 2023 06:22am

Business & Finance

Small tax base, high non-compliance incidence causing massive tax evasion

LAHORE: A relatively small tax base and high levels of non-compliance has resulted in massive tax evasion in ...

Published 14 May, 2023 03:24am

Business & Finance

FBR releases Rs45m to TDCP as withdrawal declared illegal

LAHORE: The Federal Board of Revenue (FBR) has released Rs.45.371 million of the Tourism Development Corporation of...

Published 13 May, 2023 05:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Petrol/Litre / Dec 24	252.10
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Diesel/Litre / Dec 24	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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