News Archives for Pakistan - 2024-07-23 - Business Recorder

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اردو

Nov 09, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan - 2024-07-23

After Fitch, Aurangzeb apprises Moody’s reps on IMF deal, economic reforms

Business & Economy

After Fitch, Aurangzeb apprises Moody’s reps on IMF deal, economic reforms

Finance Minister informs ratings agency officials that multilateral institutions’ confidence growing in financing projects in Pakistan

Updated 23 Jul, 2024 10:57pm

‘Refineries upgrade at risk due to newly-introduced sales tax exemption’

Energy

‘Refineries upgrade at risk due to newly-introduced sales tax exemption’

The government has introduced a sales tax exemption in the Finance Act 2024 on petroleum products, which will...

Updated 23 Jul, 2024 08:04pm

PBC questions govt’s ambitious $65bn export target

Business & Economy

PBC questions govt’s ambitious $65bn export target

The Pakistan Business Council (PBC), the country’s largest corporate sector advocacy platform, has raised concerns...

Published 23 Jul, 2024 07:27pm

Summer vacations in Sindh educational institutions extended till August 14

Summer vacations in Sindh educational institutions extended till August 14

Decision made due to heatwave and expected monsoon rains, according to a notification issued by Sindh Education Department

Published 23 Jul, 2024 07:24pm

PTI’s Raoof Hasan handed over to FIA on two-day physical remand

PTI’s Raoof Hasan handed over to FIA on two-day physical remand

A district and sessions court in Islamabad on Tuesday granted a two-day physical remand of Pakistan...

Updated 23 Jul, 2024 07:23pm

Reserved seats verdict: PPP files review petition in Supreme Court

Reserved seats verdict: PPP files review petition in Supreme Court

After Pakistan Muslim League-Nawaz (PML-N), Pakistan People’s Party (PPP) has also filed a review petition in the...

Updated 23 Jul, 2024 09:13pm

Israeli occupation of Palestinian territories: Pakistan calls for immediate implementation of ICJ’s advisory opinion

Israeli occupation of Palestinian territories: Pakistan calls for immediate implementation of ICJ’s advisory opinion

ISLAMABAD: Welcoming the International Court of Justice (ICJ)’s recent advisory opinion on the legal consequences...

Published 23 Jul, 2024 08:29am

Customs fails to prove smuggling of local currency

Customs fails to prove smuggling of local currency

LAHORE: The customs department has failed to establish smuggling of local currency to Afghanistan from a passenger ...

Published 23 Jul, 2024 08:29am

Govt to start several uplift projects in Murree

Govt to start several uplift projects in Murree

LAHORE: The Punjab government has decided to start several development projects in Murree and surrounding areas,...

Published 23 Jul, 2024 08:29am

Senate panel passes Elections (Amendment) Bill

Senate panel passes Elections (Amendment) Bill

ISLAMABAD: The Senate Standing Committee on Parliamentary Affairs passed “The Elections (Amendment) Bill, 2024”...

Published 23 Jul, 2024 08:29am

Khan’s right to consult his legal advisors: IHC asks jail superintendent not to place obstacles

Khan’s right to consult his legal advisors: IHC asks jail superintendent not to place obstacles

ISLAMABAD: The Islamabad High Court (IHC), Monday, warned the Adiala jail superintendent not to place obstacles in...

Published 23 Jul, 2024 08:29am

PIA concludes Hajj operation

PIA concludes Hajj operation

KARACHI: Pakistan International Airlines (PIA) has successfully concluded its Hajj operation 2024, facilitating the...

Published 23 Jul, 2024 08:29am

Janjua given into seven-day physical remand

Janjua given into seven-day physical remand

ISLAMABAD: The Anti-Terrorism Court (ATC) on Monday granted police a seven-day physical remand of PTI International...

Published 23 Jul, 2024 08:29am

Punjab ETs should be allowed to work: SC urged to recall its order of 04.07.2024

Punjab ETs should be allowed to work: SC urged to recall its order of 04.07.2024

ISLAMABAD: The Supreme Court has been asked to recall its order dated 04.07.2024 and the Election Tribunals that ...

Published 23 Jul, 2024 08:29am

Zardari asks Sindh govt to improve Karachi drainage system

Zardari asks Sindh govt to improve Karachi drainage system

ISLAMABAD: President Asif Ali Zardari said that the Sindh government should adopt a sustainable and long-term...

Published 23 Jul, 2024 08:29am

Sindh Ombudsman holds 1st follow-up session with ambassadors of Hamdard University

Sindh Ombudsman holds 1st follow-up session with ambassadors of Hamdard University

KARACHI: First followup session of Brand Ambassador Program was held on Monday at the Secretariat Provincial...

Published 23 Jul, 2024 08:29am

Dar extends Pakistan’s full support to Oman in combating terrorism

Dar extends Pakistan’s full support to Oman in combating terrorism

ISLAMABAD: Foreign Minister Ishaq Dar on Monday extended Pakistan’s full support to Oman in its efforts to combat...

Published 23 Jul, 2024 08:29am

May 9 riots cases: IK withdraws petitions against denial of pre-arrest bail

May 9 riots cases: IK withdraws petitions against denial of pre-arrest bail

LAHORE: Former PTI chairman Imran Khan on Monday withdrew his petitions through his counsel field against denial of...

Published 23 Jul, 2024 08:29am

SULC, NDMA sign LoC to work together on disaster management

SULC, NDMA sign LoC to work together on disaster management

HYDERABAD: In a significant step towards enhancing disaster management capabilities, the National Disaster ...

Published 23 Jul, 2024 08:29am

The Weather

The Weather

KARACHI: The weather report on Monday (July 22, 2024) and the forecast for Tuesday (July 23, 2024)...

Published 23 Jul, 2024 08:29am

Minister directs PBS officials to prepare five-year strategic plan

Minister directs PBS officials to prepare five-year strategic plan

ISLAMABAD: Federal Minister for Planning Ahsan Iqbal has directed the top officials of Pakistan Bureau of Statistics...

Published 23 Jul, 2024 08:27am

Commercial, regulatory disputes: Two company benches set up at SHC

Commercial, regulatory disputes: Two company benches set up at SHC

ISLAMABAD: The Chief Justice of High Court of Sindh, Justice Muhammad Shafi Siddiqui, has constituted two Company...

Published 23 Jul, 2024 08:25am

Turkmenistan FM reaches Islamabad

Turkmenistan FM reaches Islamabad

ISLAMABAD: The Deputy Chairman of the Cabinet of Ministers and Foreign Minister of the Republic of Turkmenistan,...

Published 23 Jul, 2024 08:18am

PA Speaker exposes ‘secret attendance’ of opposition members

PA Speaker exposes ‘secret attendance’ of opposition members

LAHORE: In a surprising revelation, the Speaker of the Punjab Assembly Malik Muhammad Ahmed Khan has exposed the...

Published 23 Jul, 2024 08:16am

Sharjeel inaugurates PBS’ ‘Route 13’

Sharjeel inaugurates PBS’ ‘Route 13’

KARACHI: Sindh Senior Minister Sharjeel Inam Memon on Monday inaugurated new Route 13 of the People’s Bus Service...

Published 23 Jul, 2024 08:06am

Security forces detect movement of 3 terrorists

Security forces detect movement of 3 terrorists

ISLAMABAD: Security forces on Monday detected the movement of three terrorists attempting to infiltrate the...

Published 23 Jul, 2024 08:01am

Bushra approaches LHC seeking details of cases against her

Bushra approaches LHC seeking details of cases against her

LAHORE: Bushra Bibi jailed wife of PTI former chairman Imran Khan on Monday has approached the Lahore High Court...

Published 23 Jul, 2024 07:55am

IK’s physical remand petition: Office’s objection overruled by LHC

IK’s physical remand petition: Office’s objection overruled by LHC

LAHORE: A division bench of the Lahore High Court on Monday overruled an office objection on a petition of former...

Published 23 Jul, 2024 07:47am

CM directs to leverage technology for good governance

CM directs to leverage technology for good governance

LAHORE: Increase reliance on technology to improve monitoring of public service departments of the government, Chief...

Published 23 Jul, 2024 07:47am

Muqam condemns targeting state institutions in Bannu

Muqam condemns targeting state institutions in Bannu

ISLAMABAD: Minister of States and Frontier Region (Safron) Amir Muqam on Monday strongly condemned targeting the...

Published 23 Jul, 2024 07:45am

PDWP approves three uplift schemes

PDWP approves three uplift schemes

LAHORE: The 08th meeting of Provincial Development Working Party (PDWP) F.Y 2024-25 was held under the Chairmanship...

Published 23 Jul, 2024 07:42am

Punjab Police apprehend dangerous fugitive wanted for four murders

Punjab Police apprehend dangerous fugitive wanted for four murders

LAHORE: Punjab Police apprehended a high-profile fugitive with money on his head while he was attempting to flee the...

Published 23 Jul, 2024 07:40am

Qureshi, others asked to cross-examine witnesses

Qureshi, others asked to cross-examine witnesses

LAHORE: An Anti Terrorism Court on Monday directed the lawyers of former foreign minister Shah Mahmood Qureshi and...

Published 23 Jul, 2024 07:38am

Rs120bn 350MW Jhampir project to start soon: Nasir

Energy

Rs120bn 350MW Jhampir project to start soon: Nasir

KARACHI: Provincial Energy Minister Sindh Syed Nasir Hussain Shah chaired a meeting of the Energy Department in ...

Published 23 Jul, 2024 07:36am

Punjab govt concerned over inflated prices of chicken

Commodities

Punjab govt concerned over inflated prices of chicken

LAHORE: Expressing grave concern over the increasing prices of chicken meat, the Punjab government convened a ...

Published 23 Jul, 2024 07:23am

IK says ‘they’ are planning to prosecute him

IK says ‘they’ are planning to prosecute him

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan on Monday said ‘they’ ...

Published 23 Jul, 2024 06:34am

Our entire record seized, claims Gohar

Our entire record seized, claims Gohar

ISLAMABAD: The Opposition Leader in the National Assembly, Omar Ayub Khan, alleged on Monday that the government and...

Published 23 Jul, 2024 06:34am

ECP to hear PTI intra-party polls case today

ECP to hear PTI intra-party polls case today

ISLAMABAD: The electoral organisation is scheduled to hear the PTI intra-party elections case on Tuesday (today),...

Published 23 Jul, 2024 06:34am

PTI’s Raoof Hasan held

PTI’s Raoof Hasan held

ISLAMABAD: The city police on Monday arrested Secretary Information Pakistan Tehreek-e-Insaf (PTI) Raoof Hasan from...

Published 23 Jul, 2024 06:34am

Police raid PTI headquarters

Police raid PTI headquarters

ISLAMABAD: Police raided the headquarters of jailed former Prime Minister Imran Khan’s party on Monday, a week...

Published 23 Jul, 2024 06:34am

Azm-e-Istehkam: An illegal political mafia trying to sabotage the drive: ISPR

Azm-e-Istehkam: An illegal political mafia trying to sabotage the drive: ISPR

ISLAMABAD: Pakistan military on Monday declared operation Azm-e-Istehkam as an essential counter-terrorism campaign...

Published 23 Jul, 2024 06:34am

No passport for asylum seekers: Govt reverses its policy decision

No passport for asylum seekers: Govt reverses its policy decision

ISLAMABAD: Pakistan on Monday reversed its earlier policy decision with immediate effect in which it was decided not...

Updated 23 Jul, 2024 08:44am

CAT dismisses Neucon Pakistan appeal

Companies

CAT dismisses Neucon Pakistan appeal

ISLAMABAD: The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by Neucon Pakistan, affirming the...

Updated 23 Jul, 2024 07:52am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 8	277.83
USD PKR Interbank Buying / Nov 8	277.63
USD to Japanese Yen / Nov 8	152.64
USD to Swiss Franc / Nov 8	0.88
Pound Sterling to USD / Nov 8	1.29
Euro to USD / Nov 8	1.07

Stock	Volume
S&P 500 / Nov 8	5,995.54
India Sensex / Nov 8	79,486.32
Tokyo Nikkei / Nov 8	39,500.37
Nasdaq / Nov 8	19,286.78
Hang Seng / Nov 8	20,728.19
FTSE 100 / Nov 8	8,072.39
Dow Jones / Nov 8	43,988.99
Germany DAX 30 / Nov 8	19,215.48

Item	Value
Crude Oil USD/Barrel / Nov 8	70.38
Karachi Cotton PKR/37.32 KG / Nov 8	18,285
Gold 10 Grams PKR / Nov 8	244,002.80
Gold Spot USD/Ounce / Nov 8	2,684.77
Cotton US¢/pound / Nov 8	70.98
Petrol/Litre / Nov 9	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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IPP claims contracts being negotiated ‘forcibly’

IPP claims contracts being negotiated ‘forcibly’

Hyundai cuts prices by up to Rs800,000 in Pakistan amid rising competition

Hyundai cuts prices by up to Rs800,000 in Pakistan amid rising competition

3 imported coal-based IPPs to Thar coal: PPIB seeks details of Chinese Ad hoc Working Group on conversion

3 imported coal-based IPPs to Thar coal: PPIB seeks details of Chinese Ad hoc Working Group on conversion

Govt will go for privatisation of PIA again: Aurangzeb

Govt will go for privatisation of PIA again: Aurangzeb

At least 24 killed, 45 injured in Quetta train station bomb blast, police say

At least 24 killed, 45 injured in Quetta train station bomb blast, police say

Cabinet decides to divide NTDC into two entities

Cabinet decides to divide NTDC into two entities

PRAL & FBR staff found involved: A dormant account used for Rs1.625trn fake supplies?

PRAL & FBR staff found involved: A dormant account used for Rs1.625trn fake supplies?

Rice exporter honoured at World Rice Conference 2024

Rice exporter honoured at World Rice Conference 2024