News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Business & Finance

AEDB assists SBP in revising financing schemes for renewable energy

LAHORE: The Alternative Energy Development Board (AEDB) has assisted State Bank of Pakistan in revision of SBP's...

Published 19 Jul, 2020 02:41am

Databank for '360-degree' view of taxpayers developed

LAHORE: The Federal Board of Revenue (FBR) has captured data sources such as banks, vehicles and real estate...

Published 17 Jul, 2020 02:53am

Business & Finance

Frequent change of FBR chiefs affect policy guideline: experts

LAHORE: Repeated replacements of Chairman Federal Board of Revenue (FBR) in a short period of 22 months have...

Published 16 Jul, 2020 02:38am

Markets

Hydro resources: About 89 percent of possible power production yet to be harnessed

LAHORE: About 89 percent of the electricity production potential from hydro resources is yet to be harnessed as the...

Updated 15 Jul, 2020 03:20am

Business & Finance

'Low interest rate to inflict negative impact on banks' profitability'

LAHORE: The low interest rate would have a negative impact on the profitability of the banking sector as banks enjoy...

Published 14 Jul, 2020 02:57am

Markets

Government fails to promote renewable energy

LAHORE: The federal government's efforts to promote renewable energy (RE) are limited to lip-service over the last...

Updated 11 Jul, 2020 03:17am

Pakistan

Delay in refund claims: Inflated claims, unreported sales prime factors

LAHORE: Inflated refund claims, unreported sales and domestic sales disguised as exports are prime factors behind a...

Published 10 Jul, 2020 02:47am

Markets

WHT on banking transactions slows down deposit growth

LAHORE: The imposition of withholding tax on banking transactions has resulted in the slowdown of bank deposit ...

Published 09 Jul, 2020 02:43am

Business & Finance

Protection of local industry: 'Revenue generation prime objectives of existing tariff structure'

LAHORE: Revenue generation and protection of local industry are important objectives of existing tariff structure as...

Published 07 Jul, 2020 02:54am

Withholding regime: 'About half of tax generated remains unclaimed'

LAHORE: About half of the tax generated from withholding regime remains unclaimed, and still almost 90 percent of...

Published 05 Jul, 2020 03:01am

Business & Finance

Finance Bill: Punjab leads in offering tax relief steps

LAHORE: The province of Punjab is leading other provinces in offering tax relief measures in its Finance Bill to...

Published 03 Jul, 2020 02:59am

FBR unlikely to achieve Rs3.908trn revised tax target

The Federal Board of Revenue (FBR) will not be able to meet the revised target of Rs 3.908 trillion for 2019-20 even after the resumption of economic activity during the last fortnight of Ramazan for Eid-ul-Fitr, sources said.

Published 31 May, 2020 12:04am

Experts say cut in NSS rates, oversubscription of Sukuk to provide financial space

A cut of 5.42 percent in the profit rates of National Savings Scheme (NSS) and a 70 percent oversubscription in the energy Sukuk would provide a financial space to the government for continuity of social protection in the current challenging times, said f

Published 29 May, 2020 12:05am

Pakistan

Tier-1 retailers: 'Minimum area for shops be increased to 3000 square feet'

Minimum area of shops for the tier-1 retailers should be increased to 3000 square feet from existing 1000 square feet to make the point of sale (POS) integration drive viable. Also the minimum limit of electricity bills should be enhanced to Rs 2.4 millio

Published 28 May, 2020 12:03am

Pace of Ehsaas Program termed slow: Many families not to receive cash transfer before mid-June: Dr Pasha

With the current pace of the Ehsaas Program, there are many families that would not receive the cash transfer before mid-June over two months of the commencement of the disbursement process, said renowned economist and former finance minister Dr Hafiz Pas

Published 27 May, 2020 12:06am

NBP foresees limited credit offtake

National Bank of Pakistan (NBP) management is expecting that the credit offtake will remain restricted in the coming months as supply chains adjust to the economic impacts. Therefore, the risk management function of the bank is regularly conducting assess

Published 23 May, 2020 12:06am

'Nepra equally responsible for mismanagement in power sector'

The National Electric Power Regulatory Authority (Nepra) is equally responsible for mismanagement and bad governance in the power sector and cannot shift the entire blame on the distribution companies (DISCOs)/power division as it has been allowing justif

Published 22 May, 2020 12:03am

Transport: Reduction in fares can help subdue inflation: Pasha

The rate of inflation may come down to 6 percent from the current 8.5 percent if transport fares come down fully to reflect the saving in fuel costs of over 30 percent after reduction in the petroleum prices by the government since end of March, said reno

Published 21 May, 2020 12:09am

Nepra admits four applications from private housing societies

The National Electric Power Regulatory Authority (Nepra) had admitted four applications for the grant of electric supply license from the private sector housing societies.

Published 21 May, 2020 12:09am

Diamer-Bhasha Dam: Wapda chief visits site to review arrangements

Following the award of contract for construction of main dam of Diamer Basha Dam Project last week, the Pakistan Water and Power Development Authority (Wapda) Chairman Lt Gen Muzammil Hussain (retd) Tuesday visited the project site to review on-ground arr

Published 20 May, 2020 12:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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