News stories for Zahid Baig - Business Recorder

Zahid Baig

Budget 2019-20: FMPAC calls for settlement of all pending claims

Fertilizer industry has called for immediate settlement of all pending subsidy claims worth Rs20.67 billion of the sector through allocation in the coming budget 2019-2020. It also demanded to expedite the outstanding tax refunds which at present stands a

Published 15 May, 2019 12:00am

Markets

Need stressed for a consistent policy on GM maize

CropLife Pakistan Executive Director Dr Afzal has urged the government to take its decisions regarding GM Maize on the established regulatory structure and use science as the base to clarify issues, in order to safeguard the interest of the farmer and res

Published 12 May, 2019 12:00am

Five more popular juice factories sealed in Punjab

Food safety teams of the Punjab Food Authority (PFA) on Wednesday in the province-wide crackdown sealed five factories illegally producing juices of the different popular brands. The provincial food regulatory body recovered 1,344 litres hazardous juice,

Published 09 May, 2019 12:00am

Growers, flour millers protest over seizure of vehicles, godowns

Growers organizations, flour millers and other stakeholders have lodged strong protest over undue seizure and impounding of vehicles and godowns of wheat owned by licensee grain dealers and urged the Food department to stop this injustice as it will not h

Published 08 May, 2019 12:00am

$63 million snack plant opens in Multan: Cost of doing business to be slashed in budget: Dawood

Prime Minister's Advisor for Commerce, Textile, Industry, Production & Investment Abdul Razzak Dawood said here on Thursday that the government will bring down the cost of doing business by reducing duties on raw material & intermediary goods.

Published 03 May, 2019 12:00am

Mango growers: MRI Multan to introduce ICM

In order to achieve yield and quality enhancement and increasing Pakistan's share in the global mango market, Mango Research Institute (MRI) Multan is introducing Integrated Crop Management (ICM) to mango growers, which include drip irrigation, nutrition,

Published 02 May, 2019 12:00am

TCP plan to set up 'Rice City' in Karachi

The Trading Corporation of Pakistan (TCP) is planning to set up a 'Rice City' in Karachi in order to facilitate exporters and help enhance export of the commodity to strengthen national economy.

Published 25 Apr, 2019 12:00am

KSA, Iran, Kuwait Now is time to capture halal markets: APMPEA

All Pakistan Meat Processors & Exporters Association (APMPEA) Chairman Nasib Ahmad Saifi has claimed that an opportunity has emerged for Pakistani halal meat exporters to capture Kuwait, Saudi Arabia and Iranian markets as Kuwait slapped a ban on some big

Published 18 Apr, 2019 12:00am

Seminar on 'water productivity project' held

Pakistan's rice sector is lagging behind not only in productivity but also facing high cost of production as compared to other rice-producing countries, said Shahid Tarer, Director Galaxy Rice (Pvt) Ltd.

Published 16 Apr, 2019 12:00am

Agricultural practices: need stressed for improving age-old irrigation methods

"Pakistan has fertile land and suitable climate for agriculture, but there is a need to improve agricultural practices, especially age-old irrigation methods, by promoting mechanization, which will help in lowering water consumption, labour cost and time

Published 14 Apr, 2019 12:00am

Conditions imposed on imported items relaxed

Acceding to the demands of commercial importers, the federal government on Tuesday announced to relax the conditions imposed on imported items, especially FMCG and food products including printing label in Urdu & English till June 30, 2019.

Published 10 Apr, 2019 12:00am

EPD Punjab directs field staff to carry out surprise visits of hospitals

In order to bound the large private hospitals of the province to follow environmental standards and ensuring proper cleanliness, the Environment Protection Department (EPD) Punjab has directed all its field formations to carry out surprise visits of hospi

Published 09 Apr, 2019 12:00am

Nishat Dairy, Turkish SÜTA to produce, sell products in Pakistan

Nishat Dairy (Pvt) Limited in collaboration with SÜTA, one of the largest milk and dairy products producer from Turkey, is going to produce, market, distribute and sell premium dairy products in Pakistan.

Published 06 Apr, 2019 12:00am

'Water Act' draft ready for cabinet's nod: minister

Draft of a comprehensive 'Water Act' aimed at monitoring and regulating water usage in Punjab is ready and may be presented to the cabinet for approval in next couple of months. "At present it is in the phase of fine-tuning and it is hoped that its enforc

Published 28 Mar, 2019 12:00am

ESL develops two rice hybrids for resisting BLB, LB diseases

Emkay Seed Limited (ESL) has developed two rice hybrids having resistance against Bacterial Leaf Blight (BLB) and Leaf Blast (LB), which are the main damaging factors in the rice production.

Published 24 Mar, 2019 12:00am

WWF-Pakistan for innovative solutions to secure water

Water resources are under immense pressure from climate change, soaring demand for water in domestic, agriculture and industrial sectors. There is an urgent need for communities, companies and governments to come up with innovative solutions to secure wat

Published 23 Mar, 2019 12:00am

Markets

Wheat procurement: farmers voice concern over delay in announcement

Farmers have expressed their concern over delay in announcement of wheat procurement campaign dates for the current season and urged the provincial government to kick start it in the South of Punjab from April 15 and in Central Punjab from April 20. Thoug

Published 12 Mar, 2019 12:00am

3.479 million tons dispatched: Cement sector posts 19.05 percent decline in February

Cement sector posted a double digit decline of 19.05 percent in the month of February compared with corresponding month last year. According to data released by the All Pakistan Cement Manufacturers Association (APCMA), the cement industry despatched 3.32

Published 03 Mar, 2019 12:00am

Punjab government approves Rs 90.574 million for ostrich farming project

The Punjab government has approved Rs90.574 million project 'an initiative towards food security and innovative livestock business in Pakistan' aimed at developing and promoting Ostrich farming in the province. According the revised PC-I of the project, O

Published 24 Feb, 2019 12:00am

FAO's first-ever report on biodiversity presents worrying evidence

The first-ever Food and Agriculture Organization (FAO) report on biodiversity presents mounting and worrying evidence that the biodiversity that underpins our food systems is disappearing, putting the future of our food, livelihoods, health and environmen

Published 23 Feb, 2019 12:00am

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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