News Archives for Pakistan - 2024-07-29 - Business Recorder

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اردو

Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan - 2024-07-29

Miftah Ismail says fiscally possible to remove electricity taxes without disturbing primary surplus

Business & Economy

Miftah Ismail says fiscally possible to remove electricity taxes without disturbing primary surplus

Former finance minister says the reduction in revenue collection from eliminating taxes can be offset by reducing funds allocated to the Public Sector Development Programme

Published 29 Jul, 2024 09:27pm

New Toshakhana case: court extends Imran, Bushra Bibi’s physical remand by 10 days

New Toshakhana case: court extends Imran, Bushra Bibi’s physical remand by 10 days

An Accountability Court on Monday extended Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his spouse Bushra...

Published 29 Jul, 2024 09:03pm

Soldier martyred, 16 injured in violent mob attack in Gwadar: ISPR

Soldier martyred, 16 injured in violent mob attack in Gwadar: ISPR

The military's media wing says security forces have displayed extreme restraint to avoid unwarranted civilian casualties despite provocations

Updated 29 Jul, 2024 08:05pm

Pakistan will face no difficulty in meeting external debt obligations in FY25: SBP governor

Business & Economy

Pakistan will face no difficulty in meeting external debt obligations in FY25: SBP governor

Pakistan will not face an issue in meeting its external payment obligations in the current fiscal year (FY25), said...

Updated 29 Jul, 2024 07:33pm

TLP leader booked for ‘inciting violence’ against CJP Isa

TLP leader booked for ‘inciting violence’ against CJP Isa

Lahore police on Monday registered a case against a senior leader of the Tehreek-e-Labbaik Pakistan (TLP) Pir Zaheer...

Published 29 Jul, 2024 04:01pm

Fitch upgrades Pakistan rating to ‘CCC+’

Business & Economy

Fitch upgrades Pakistan rating to ‘CCC+’

Upgrade reflects greater certainty over continued availability of external funding, says credit rating agency

Updated 29 Jul, 2024 07:43pm

SBP reduces key policy rate by 100bps, takes it to 19.5%

Business & Economy

SBP reduces key policy rate by 100bps, takes it to 19.5%

Majority analysts expected cut, it was the quantum of reduction that had them divided

Updated 29 Jul, 2024 07:42pm

Foreign investors repatriate $2.2bn in FY24, a massive 569% increase YoY

Business & Economy

Foreign investors repatriate $2.2bn in FY24, a massive 569% increase YoY

Foreign investors repatriated a massive $2.215 billion on account of profit and dividend during fiscal year...

Updated 29 Jul, 2024 08:04pm

35 killed as tribal feud sparks sectarian fighting in Kurram

35 killed as tribal feud sparks sectarian fighting in Kurram

ISLAMABAD: The armed clashes between rival tribes in Kurram tribal district continued for the sixth day on Sunday...

Updated 29 Jul, 2024 10:00am

2nd round of talks with govt today as JI continues sit-in

2nd round of talks with govt today as JI continues sit-in

RAWALPINDI: The federal government and the Jamaat-e-Islami (JI) teams have agreed to hold today (Monday) another...

Published 29 Jul, 2024 06:37am

Urban development: PDP urges Sindh govt to set up ministry

Urban development: PDP urges Sindh govt to set up ministry

KARACHI: Noting neglect to crucial uplift of our major cities in Sindh, Pasban Democratic Party (PDP) Chairman Altaf...

Published 29 Jul, 2024 06:37am

11 hurt in Orangi cylinder blast

11 hurt in Orangi cylinder blast

KARACHI: A gas cylinder explosion in a house near Ghausia Chowk, Orangi Town No 10, here resulted in injuries to 11...

Published 29 Jul, 2024 06:37am

CTD arrests 38 alleged terrorists of banned outfits in July

CTD arrests 38 alleged terrorists of banned outfits in July

LAHORE: The Counter Terrorism Department (CTD) has foiled a major terror plot by arresting 38 terrorists linked with...

Published 29 Jul, 2024 06:37am

FO denies report

FO denies report

ISLAMABAD: The Foreign Office (FO) on Sunday denied authenticity in the report circulating on social media about...

Published 29 Jul, 2024 06:37am

Govt urged to revisit contracts with IPPs

Govt urged to revisit contracts with IPPs

PESHAWAR: Qaumi Watan Party (QWP) provincial Chairman Sikandar Hayat Khan Sherpao said the agreements reached with...

Published 29 Jul, 2024 06:37am

Message of CM Punjab on World Hepatitis Day

Message of CM Punjab on World Hepatitis Day

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif in her message on the World Hepatitis Day said,” Environment ...

Published 29 Jul, 2024 06:37am

President, PM for preventive measures against Hepatitis challenges

President, PM for preventive measures against Hepatitis challenges

KARACHI: President Asif Ali Zardari has called for taking measures to promote preventive measures, increase...

Published 29 Jul, 2024 06:37am

Ministers visit AIIA Lahore

Ministers visit AIIA Lahore

LAHORE: Federal ministers Kh Muhammad Asif and Abdul Aleem Khan, as part of the Federal Cabinet Committee, visited...

Published 29 Jul, 2024 06:37am

LESCO detects 484 power pilferers

Energy

LESCO detects 484 power pilferers

LAHORE: The Lahore Electric Supply Company (LESCO) has detected a total of 484 connections from where the customers...

Published 29 Jul, 2024 06:37am

MoU inked to protect children’s rights

MoU inked to protect children’s rights

LAHORE: In landmark collaboration, Lahore Arts Council Alhamra and the National Commission on the Rights of the ...

Published 29 Jul, 2024 06:37am

4 passengers held at Karachi airport

4 passengers held at Karachi airport

KARACHI: The Federal Investigation Agency (FIA) Immigration circle on Sunday arrested four passengers for possessing...

Published 29 Jul, 2024 06:37am

KP’s appeal for judicial commission admission of crime: minister

KP’s appeal for judicial commission admission of crime: minister

LAHORE: Provincial Minister for Information and Culture Punjab, Azma Bokhari, stated that the letter from the KP...

Published 29 Jul, 2024 06:37am

Call for equitable distribution of resources among provinces

Energy

Call for equitable distribution of resources among provinces

PESHAWAR: Speakers at a seminar on Net Hydel Profit (NHP) underscored the constitutional obligations surrounding NHP...

Published 29 Jul, 2024 06:37am

The Weather

The Weather

KARACHI: The weather report on Sunday (July 28, 2024) and the forecast for Monday (July 29, 2024)....

Published 29 Jul, 2024 06:37am

From AED27,000 of investment: Pakistani-owned Ravi Restaurant has come a long way

MENA

From AED27,000 of investment: Pakistani-owned Ravi Restaurant has come a long way

KARACHI: In the heart of Dubai, a small restaurant owned by a Pakistani has been making waves in the culinary scene...

Updated 29 Jul, 2024 09:42am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 14	277.83
USD PKR Interbank Buying / Nov 14	277.63
USD to Japanese Yen / Nov 14	155.86
USD to Swiss Franc / Nov 14	0.89
Pound Sterling to USD / Nov 14	1.27
Euro to USD / Nov 14	1.06

Stock	Volume
S&P 500 / Nov 13	5,985.38
Nasdaq / Nov 13	19,230.72
Dow Jones / Nov 13	43,958.19
India Sensex / Nov 14	77,517.41
Tokyo Nikkei / Nov 14	38,680.99
Hang Seng / Nov 14	19,503.42
FTSE 100 / Nov 14	8,042.72
Germany DAX 30 / Nov 14	19,122.26

Item	Value
Gold 10 Grams PKR / Nov 12	231,911
Karachi Cotton PKR/37.32 KG / Nov 13	18,085
Crude Oil USD/Barrel / Nov 14	67.97
Gold Spot USD/Ounce / Nov 14	2,558.37
Cotton US¢/pound / Nov 14	71.10
Petrol/Litre / Nov 15	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.49 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	62.51 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.80 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.49 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	62.51 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.80 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	43,291,848 ▲ 0.00
Waves Home Appliances / Nov 15 Waves Home Appliances Limited(WAVESAPP)	33,201,636 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	31,524,926 ▲ 0.00
K-Electric Ltd. / Nov 15 K-Electric Limited(KEL)	27,455,465 ▲ 0.00
Pak Elektron / Nov 15 Pak Elektron Limited(PAEL)	26,996,630 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	26,013,918 ▲ 0.00
The Searle Co. / Nov 15 The Searle Company Limited(SEARL)	25,704,933 ▲ 0.00
Pak Int.Bulk / Nov 15 Pakistan International Bulk Terminal(PIBTL)	23,694,836 ▲ 0.00
Secure Logistics / Nov 15 Secure Logistics Group Limited(SLGL)	23,623,241 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

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NJLI Sarmaya Growth Fund Rates

FBR assures IMF: Rs12.9trn revenue target will stay intact

FBR assures IMF: Rs12.9trn revenue target will stay intact

FBR introduces new payment creation system

FBR introduces new payment creation system

Non issuance of visa by Dubai: Panel fails to speak a single word

Non issuance of visa by Dubai: Panel fails to speak a single word

New record: KSE-100 settles above 94,000 amid buying momentum

New record: KSE-100 settles above 94,000 amid buying momentum

EV charging tariff delay: Govt apathy hits investors and consumers

EV charging tariff delay: Govt apathy hits investors and consumers

Government announces Hajj Policy 2025

Government announces Hajj Policy 2025

CCL Holding submits public intention to acquire 50% stake, control in Mitchells Fruit Farms

CCL Holding submits public intention to acquire 50% stake, control in Mitchells Fruit Farms

IMF briefed about recovery plan, local debt

IMF briefed about recovery plan, local debt