News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Pakistan

Officer’s failure to understand matter properly causes Customs revenue loss

LAHORE: Misunderstanding on the part of appropriate officer leads to loss of revenue to the customs department, said...

Published 04 Jan, 2024 05:41am

Pakistan

JICA prefers Multan for installation of weather radar system

LAHORE: Japan International Cooperation Agency (JICA) has preferred Multan over Lahore because of India for the...

Published 30 Dec, 2023 06:28am

Business & Finance

DFI fails to avail deduction of income as bad debt

LAHORE: A Development Financial Institution (DFI) had failed to avail deduction of income as bad debt for not ...

Published 29 Dec, 2023 02:58am

Pakistan

Importer assails customs dept for not releasing goods

LAHORE: An importer of polymer polyvinyl chloride has proved prejudice behavior of Customs department for not...

Published 28 Dec, 2023 04:52am

Business & Finance

Afghan importer recovers entire sale proceeds

LAHORE: An Afghan importer has got the entire sale proceeds recovered against the goods neither liable to...

Published 26 Dec, 2023 04:30am

Pakistan

Student avails payment of annual fee by insurance company

LAHORE: A medical student has availed payment of the annual fee by the insurance company after the failure of her...

Published 23 Dec, 2023 06:16am

Business & Finance

‘Powers of commissioners being used by DCs neither gazetted nor displayed on FBR website’

LAHORE: The Deputy Commissioners in some field formations are using the powers of Commissioners Inland Revenue for...

Published 22 Dec, 2023 05:22am

Business & Finance

Availing exemption from RD: Importers of motor spirit fail to establish presence of consignments on the high seas

LAHORE: Importers of motor spirit have failed to establish presence of their consignments on the high seas to avail...

Published 20 Dec, 2023 06:00am

Pakistan

Punjab: artificial rain will not help overcome pollution woes

LAHORE: Artificial rain will not be suitable for the province of Punjab to control smog, said sources in the...

Published 19 Dec, 2023 05:20am

Markets

Recovery of dues: Gas utility encashes bank guarantee

LAHORE: A utility agency has encashed a bank guarantee to recover outstanding gas charges against a textile concern,...

Published 15 Dec, 2023 03:12am

Pakistan

Climate change: Govt starts collaboration with other S. Asian states

LAHORE: Pakistan has started collaborating with other South Asian countries to share knowledge, resources and...

Published 14 Dec, 2023 05:24am

Business & Finance

Provincial revenue authorities’ approach to sales tax on services comes under criticism

LAHORE: Provincial revenue authorities are considering salaries as part of service to charge sales tax on services...

Published 12 Dec, 2023 05:28am

Business & Finance

Loss against bank loan: Borrower may seek damages, say experts

LAHORE: Borrowers can seek damages if they suffer from financial loss while taking certain steps in line with the...

Published 10 Dec, 2023 03:33am

Business & Finance

Release of goods on provisional assessment: Importers no more at liberty to escape liability of duty

LAHORE: Importers are no more at liberty to escape the liability of proceedings for recovery of duty, taxes or ...

Published 09 Dec, 2023 05:46am

Business & Finance

Faulty procedure of issuing show-cause notice: Sales tax dept misses tax collection opportunity

LAHORE: The sales tax department missed the opportunity for tax collection because of a faulty procedure of issuing ...

Published 07 Dec, 2023 04:35am

Markets

Consumers of some Discos subsidise consumers of other other Discos: experts

LAHORE: Consumers in distribution companies like IESCO, LESCO, FESCO, GEPCO and TESCO are subsidising consumers of...

Published 03 Dec, 2023 02:59am

Business & Finance

Public health sector: Pakistan needs to spend 1pc of GDP every year: World Bank

LAHORE: World Bank has estimated that Pakistan needed to spend one percent of current GDP, i.e. $4 billion, per year...

Published 02 Dec, 2023 05:09am

Business & Finance

Exporter succeeds in obtaining input tax against alleged fake/flying invoices

LAHORE: A silk manufacturer cum exporter has succeeded in obtaining input tax against the alleged fake/flying...

Published 01 Dec, 2023 04:43am

Business & Finance

Textile manufacturer secures insurance claim

LAHORE: A manufacturer of textile products has secured insurance claim along with liquidated damages against a ...

Published 30 Nov, 2023 04:53am

Business & Finance

Ship-breaking firm recovers damages against tax dept

LAHORE: A private firm involved in the business of ship breaking has recovered damages against the Income Tax...

Published 29 Nov, 2023 05:09am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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