News stories for Hassan Abbas - Business Recorder

Hassan Abbas

Pakistan

HEC hires 10 consultants on high salaries against rules

Defying the austerity measures of Prime Minister Imran Khan, the Higher Education Commission (HEC) of Pakistan has hired 10 consultants on higher salaries, reliable sources told Business Recorder on Tuesday.

Published 18 Dec, 2019 12:00am

Business & Finance

'Volume of power sector circular debt rises to Rs 1.7 trillion'

Pakistan Engineering Council Chairman Engineer Jawed Salim Qureshi claimed on Monday that the volume of power sector circular debt has risen to about Rs1.7 trillion which is a potential threat to the country's economy and power sector.

Published 17 Dec, 2019 12:00am

Pakistan

Diamer Bhasha Dam: Wapda may award contract in 6 to 8 weeks: chairman

The Water and Power Development Authority (WAPDA) is all set to commence construction work on Diamer Basha Dam following award of contract in six to eight weeks while the under-construction Mohmand Dam and Dasu Hydropower Project (Stage-I) will be complet

Published 06 Dec, 2019 12:00am

Pakistan

Punjab PA validates Punjab agri marketing Ord for 90 days

The Punjab Assembly on Thursday extended the period of validity of The Punjab Agricultural Marketing Regulatory Authority (Amendment) Ordinance 2019, The Punjab Local Government (Amendment) Ordinance 2019, The Punjab Village Panchayats and Neighbourhood C

Published 29 Nov, 2019 12:00am

Pakistan

Payments to farmers by sugar mills: Punjab PA adopts unanimous resolution

The Punjab Assembly on Tuesday unanimously passed a resolution that the government should ensure payments to farmers by sugar mills. The resolution presented by PML-N Muhammad Safdar Shakir was first opposed by Minister Food Sami Ullah Chaudhry but PTI MP

Published 27 Nov, 2019 12:00am

Pakistan

Punjab PA adopts resolution against desecration of Holy Quran

The Punjab Assembly on Monday unanimously passed a resolution against the desecration of Holy Quran by Norway's extreme right wing group 'Stop the Islamisation of Norway (SION)' in the Norwegian city of Kristiansand.

Published 26 Nov, 2019 12:00am

Pakistan

PTI MPAs protest over PPP leaders' 'unparliamentary' words

Pakistan Tehreek-e-Insaf members of the Punjab Assembly on Friday protested against use of unparliamentary words by PPP parliamentary leader Syed Hassan Murtaza.

Published 23 Nov, 2019 12:00am

Pakistan

Cases of Zardari shifted to Punjab: PPP leader concerned at trend of distrusting small provinces

Pakistan Peoples Party Parliamentary leader in Punjab Assembly Syed Hassan Murtaza said on Tuesday that trend of distrusting small provinces should be stopped.

Published 20 Nov, 2019 12:00am

Pakistan

Punjab Assembly passes various bills amid Opposition's boycott

The Punjab Assembly on Monday passed The Punjab Land Revenue (Amendment) Bill 2019, The Punjab Zakat and Usher (Amendment) Bill 2019, and The Punjab Seized and Freezed Institution (Madaaris and Schools) Bill 2019 taking advantage of the boycott by the opp

Published 19 Nov, 2019 12:00am

Pakistan

Second phase of FTA with China to be operational from December 1: Razak

Advisor to Prime Minister on Commerce, Investment, Industries and Textile, Abdul Razak Dawood on Tuesday said that the second phase of Free Trade Agreement (FTA) with China is going to be operational from Dec 01, 2019 helping Pakistan come at par with the

Published 13 Nov, 2019 12:00am

Pakistan

Creating livelihood opportunities government's top priority: adviser

Govrenment's top priority is to run economy on strong foundations creating opportunities for livelihood, more trust among foreign investors and enable local industries to flourish. Adviser to Prime Minister for Institutional Reforms & Austerity, Dr Ishrat

Published 03 Nov, 2019 12:00am

Business & Finance

Import of raw cotton; APTMA urges government to remove duty, taxes

All Pakistan Textile Mills Association (APTMA) on Tuesday has urged federal government to remove duty and taxes on the import of raw cotton otherwise the domestic textile industry would not be able to full fill its export commitments.

Updated 16 Oct, 2019 08:11am

Pakistan

PFA imposes fine on food points

Punjab Food Authority Safety teams inspected 63, 729 food points in the province out of which improvement notices were served to 42, 747 food points while imposed fine of Rs32,639,069 on 5,661 food points from July 1, 2018 to March 30, 2019. This was acco

Published 12 Oct, 2019 12:00am

HEC advertises ED post for third time

The Pakistan Terhreek-e-Insaf government which claims that education sector is its priority yet failed to fill the post of executive director (ED) in the Higher Education Commission (HEC) Pakistan despite announcing the vacancy twice in the recent past.

Published 05 Oct, 2019 12:00am

HEC advertises ED post for third time

Published 05 Oct, 2019 12:00am

Minister for improving quality of education in universities

Minister for Federal Education and Professional Training Shafqat Mahmood said on Saturday that instead of establishing more universities in the country we should focus on enhancing the quality of education at the existing universities. He was speaking at

Published 29 Sep, 2019 12:00am

Deaths of four cancer patients: PA speaker asks Dr Yasmeen to form inquiry committee

Expressing sympathies with the cancer patients, Speaker Punjab Assembly Chaudhry Pervaiz Elahi has asked the Punjab Health Minister Dr Yasmeen Rashid, to form an inquiry committee to look into the matter of non-provision of medicines to the cancer patient

Published 20 Sep, 2019 12:00am

CTD conducts 6,963 IBOs: PA told

The Counter Terrorism Authority had conducted 6,963 intelligence based operations (IBO) and 81,263 combing operations with the support of local police. Some 179 people were killed in these operations while 24,212 people were arrested. All the operations w

Published 18 Sep, 2019 12:00am

Punjab government introduces Workers Welfare Fund Bill 2019

The government on Monday laid Punjab Aab-e-Pak Authority (Amendment 2019), The Rawalpindi Women University (Rawalpindi Ordinance) and introduced The Punjab Workers Welfare Fund Bill 2019 in Punjab Assembly. Earlier, the Opposition members in Punjab assemb

Published 17 Sep, 2019 12:00am

PHEC chairman for establishing Punjab Research Fund

Punjab Higher Education Commission Chairman Professor Dr. Fazal Ahmed Khalid has said that they will request the government to establish Punjab Research Fund for promotion of research culture in the province. While talking to Business Recorder, Fazal call

Published 12 Sep, 2019 12:00am

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	157.14
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
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

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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