News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Markets

LESCO summons meeting of ‘truncated’ BoD

LAHORE: In order to circumvent full scrutiny by its Board of Directors (BoD), the Lahore Electric Supply Company...

Published 06 Jul, 2024 06:48am

Business & Finance

Taxpayers challenge random selection of returns for audit

LAHORE: Taxpayers from sugar industry have challenged the power of Commissioner Inland Revenue (CIR) to make a ...

Published 05 Jul, 2024 03:17am

Pakistan

Weather forecast responsibility: PMD conveys its concerns to PM against NDMA

LAHORE: The director general of Pakistan Meteorological Department (PMD) has conveyed his reservations to Prime...

Published 04 Jul, 2024 05:47am

Pakistan

Civil, military officials briefed about likely monsoon challenges

LAHORE: Both civil and military establishments are receiving briefings from meteorological department, irrigation...

Published 29 Jun, 2024 06:40am

Business & Finance

NTDC: FBR fails to charge minimum tax on turnover

LAHORE: The Federal Board of Revenue (FBR) has failed to charge minimum tax on turnover from the National...

Published 28 Jun, 2024 05:41am

Business & Finance

Defined benefit plans: Income tax dept disallows actuarial loss to cellular company

LAHORE: The income tax department has disallowed actuarial loss to a cellular company on its defined benefit plans,...

Published 27 Jun, 2024 06:52am

Business & Finance

Private sector credit shows decelerating trend during 2024

LAHORE: The Private Sector Credit (PSC) continued witnessing a decelerating trend during 2024, demonstrating an...

Published 25 Jun, 2024 06:42am

Pakistan

Normal to above-normal rainfall in most parts of country likely

LAHORE: The Pakistan Meteorological Department (PMD) has predicted normal to above normal rainfall in most parts of...

Published 23 Jun, 2024 02:50am

Pakistan

Green Pakistan: Phase-I Up-scaling Programme achieves plantation target of 2.12bn

LAHORE: Phase-I of the Green Pakistan Up-scaling Program has achieved a plantation target of 2.12 billion to enhance...

Published 22 Jun, 2024 06:47am

Business & Finance

Importer defeats Customs in tax recovery after release of goods

LAHORE: An importer of raw material, used in shoes for the manufacturing of sole, has defeated Customs in recovery ...

Published 21 Jun, 2024 06:37am

Business & Finance

PSF manufacturers point out anomaly in Finance Bill 2024

LAHORE: Polyester Staple Fiber (PSF) manufacturers have drawn attention of the anomaly committee of the federal...

Published 20 Jun, 2024 06:01am

Engine capacity to invoice base value: Punjab govt shifts token tax regime

LAHORE: In line with the federal government, the Punjab government has also shifted token tax regime from engine...

Updated 14 Jun, 2024 09:21am

KP Sales Tax on Services Act: Attachment of accounts sans show-cause proposed

LAHORE: The Khyber Pakhtunkhwa (KP) Sales Tax on Services Act, 2022, has proposed attachment of bank accounts upon...

Updated 09 Jun, 2024 09:43am

Pakistan

Flash drought likely due to low rainfall, soaring temperatures

LAHORE: Flash drought is likely to emerge due to below normal rainfall and soaring temperature of May with ...

Published 08 Jun, 2024 07:00am

Business & Finance

Assessment of same vehicle on different values: FTO seeks explanation

LAHORE: The Federal Tax Ombudsman (FTO) has sought explanation from the Customs department regarding assessment of a...

Published 07 Jun, 2024 06:24am

Business & Finance

Immovable property between spouses: Commissioner IR fails to charge capital gains tax

LAHORE: The Commissioner Inland Revenue, RTO-lI Lahore, has failed to establish chargeability of capital gain on...

Published 04 Jun, 2024 06:28am

GEPCO tender: local suppliers ‘knock out’ int’l bidder

LAHORE: Local suppliers, in connivance with unscrupulous elements of Gujranwala Electric Power Company (GEPCO), have...

Updated 02 Jun, 2024 09:25am

Business & Finance

‘Defenders’ take ‘deemed income’ as tax on income, not on property

LAHORE: The “defenders” of the concept of ‘deemed income’ take it as a tax on income and not on property,...

Published 31 May, 2024 06:58am

Markets

No sectoral professionals on upcoming boards of Discos

LAHORE: No sectoral professionals are being made part of the upcoming boards of power distribution companies ...

Published 30 May, 2024 06:19am

Markets

No action yet against Disco officials who caused Rs589bn loss

LAHORE: No disciplinary action has yet been taken against the Disco officials, including the CEOs and the Chief...

Published 29 May, 2024 06:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 24	278.80
USD PKR Interbank Buying / Jan 24	278.60
USD to Japanese Yen / Jan 24	155.40
USD to Swiss Franc / Jan 24	0.90
Pound Sterling to USD / Jan 24	1.24
Euro to USD / Jan 24	1.05

Stock	Volume
S&P 500 / Jan 23	6,118.71
Nasdaq / Jan 23	20,053.68
Dow Jones / Jan 23	44,565.07
India Sensex / Jan 24	76,784.63
Tokyo Nikkei / Jan 24	39,931.98
Hang Seng / Jan 24	20,060.52
FTSE 100 / Jan 24	8,559.56
Germany DAX 30 / Jan 24	21,482.67

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 23	18,485
Gold 10 Grams PKR / Jan 23	245,799
Petrol/Litre / Jan 24	256.13
Crude Oil USD/Barrel / Jan 24	74.61
Gold Spot USD/Ounce / Jan 24	2,774.04
Diesel/Litre / Jan 24	260.95

Gainers
Losers
Leaders

Stock	Price
Escorts Bank / Jan 24 Escorts Investment Bank Limited(ESBL)	6.79 ▲ 1.00 (17.27%)
Khalid Siraj / Jan 24 Khalid Siraj Textile Mills Limited(KSTM)	9.05 ▲ 0.95 (11.73%)
Agritech Limited / Jan 24 Agritech Limited(AGL)	52.46 ▲ 4.77 (10.00%)
Loads Limited / Jan 24 Loads Limited(LOADS)	18.92 ▲ 1.72 (10.00%)
Sardar Chemical / Jan 24 Sardar Chemical Industries Limited(SARC)	35.75 ▲ 3.25 (10.00%)
Leather Up Ltd. / Jan 24 Leather Up Limited(LEUL)	33.36 ▲ 3.03 (9.99%)
Shezan Inter. / Jan 24 Shezan International Limited(SHEZ)	148.17 ▲ 13.46 (9.99%)
Saritow Spinning / Jan 24 Saritow Spinning Mills Limited(SSML)	11.13 ▲ 1.01 (9.98%)
Ellcot Spinning / Jan 24 Ellcot Spinning Mills Limited(ELSM)	113.60 ▲ 10.30 (9.97%)

Stock	Price
Mandviwala / Jan 24 Mandviwala Mauser Plastic Industries(MWMP)	19.13 ▼ -2.12 (-9.98%)
Gulistan Sp. / Jan 24 Gulistan Spinning Mills Limited(GUSM)	9.84 ▼ -1.09 (-9.97%)
Zahid Jee Textile / Jan 24 Zahidjee Textile Mills Limited(ZAHID)	27.24 ▼ -2.97 (-9.83%)
Crescent Cotton / Jan 24 Crescent Cotton Mills Limited(CCM)	48.50 ▼ -5.02 (-9.38%)
Ashfaq Textile / Jan 24 Ashfaq Textile Mills Limited(ASHT)	14.15 ▼ -1.35 (-8.71%)
Dawood Lawrencepur / Jan 24 Dawood Lawrencepur Limited(DLL)	302.50 ▼ -19.20 (-5.97%)
Elahi Cot. / Jan 24 Elahi Cotton Mills Limited(ELCM)	105 ▼ -6.00 (-5.41%)
Hussain Industries / Jan 24 Husein Industries Limited(HUSI)	28.01 ▼ -1.41 (-4.79%)
The Thal Ind.Corp. / Jan 24 The Thal Industries Corporation Limited(TICL)	295.01 ▼ -13.99 (-4.53%)

Stock	Volume
Cnergyico PK / Jan 24 Cnergyico PK Limited(CNERGY)	143,693,542 ▼ -0.10
WorldCall Telecom / Jan 24 Worldcall Telecom Limited(WTL)	78,194,783 ▼ -0.01
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	57,202,439 ▲ 3.90
Fauji Cement / Jan 24 Fauji Cement Company Limited(FCCL)	47,170,217 ▼ -0.65
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	35,630,848 ▼ -0.46
Citi Pharma Ltd / Jan 24 Citi Pharma Ltd.(CPHL)	32,528,835 ▼ -2.50
The Searle Co. / Jan 24 The Searle Company Limited(SEARL)	26,563,258 ▲ 5.41
Maple Leaf Cement / Jan 24 Maple Leaf Cement Factory Limited(MLCF)	26,433,374 ▼ -0.94
Fauji Foods Ltd / Jan 24 Fauji Foods Limited(FFL)	22,111,604 ▼ -0.06

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