Trends - Ghulam Sarwar - Business Recorder

Ghulam Sarwar

Lifting of ban on PIA

EDITORIAL: The European Aviation Safety Agency’s decision last week to finally remove the four-year ban on PIA...

Updated 05 Dec, 2024 07:11am

Opinion

PARTLY FACETIOUS: IK has his own interpretation of everything

“I would urge The Khan to recruit some Gullu Butts.” “Hey he has three suicide bombers lined up – at least...

Published 08 Jun, 2022 06:19am

NAB Rawalpindi letter disregarded by ACE Sindh?

ISLAMABAD: The Anti-Corruption Establishment (ACE) Sindh, has reportedly, disregarded a letter of National...

Published 18 Jul, 2021 04:04am

Pakistan

Tractor subsidy case: Judicial remand of ex-Sindh official extended

ISLAMABAD: The Accountability Court hearing multi-billion rupees fake banks accounts case, Friday, extended judicial...

Published 17 Jul, 2021 04:21am

Pakistan

Tractor subsidy scam: AC extends physical remand of ex-Agri Deptt Sindh official

ISLAMABAD: The Accountability Court hearing multi-billion rupees fake banks accounts case, on Wednesday, extended...

Published 08 Jul, 2021 04:22am

Repatriation of stranded Pakistanis: PIA starts flight operations today

ISLAMABAD: Federal Minister for Aviation, Ghulam Sarwar Khan on Sunday said the flight operations of Pakistan...

Published 05 Jul, 2021 04:57am

Tractor subsidy scheme: NAB takes notice of ACE probe

ISLAMABAD: National Accountability Bureau (NAB) Sindh has taken the notice of an “unlawful” probe initiated by...

Published 04 Jul, 2021 03:41am

Editorials

The ever-increasing burden of debt

EDITORIAL: The Finance Ministry in the 22 June 2021 cabinet meeting noted that during fiscal year 2021-22 ...

Published 30 Jun, 2021 03:54am

Pakistan

Sindh tractor subsidy scam: AC grants nine-day physical remand of accused

ISLAMABAD: The Accountability Court hearing multi-billion rupees fake banks accounts case, on Monday, granted a...

Published 22 Jun, 2021 04:46am

Pakistan

Zulfi Bukhari's resignation has not been accepted, says aviation minister

SAPM on Overseas Pakistanis will rejoin federal cabinet after inquiry into Rawalpindi Ring Road project concludes, adds Ghulam Sarwar

Published 18 Jun, 2021 01:28pm

Pakistan

Ring Road: PML-N rejects inquiry report

LAHORE: Rejecting the fact-finding inquiry report into the Rawalpindi Ring Road project, PML-N Punjab spokesperson...

Published 04 Jun, 2021 05:06am

Editorials

Rawalpindi Ring Road controversy

EDITORIAL: The Rawalpindi Ring Road project has fallen prey to charges of its alignment having been changed to...

Published 21 May, 2021 05:04am

FY22 budget to be aimed at boosting agri output: govt

ISLAMABAD: The government said on Tuesday that the agriculture ministry is bringing a new proposal in the upcoming...

Published 19 May, 2021 06:00am

Pakistan

Opposition's hopes dash to ground amid lack of political wisdom: Sarwar

He added that PDM was nothing more than a mess of people of different ideologies.

Published 10 Apr, 2021 08:50pm

Pakistan

Govt's concentration is to strengthen economy: Ghulam Sarwar

He said PDM stands divided and it poses no threat to the government.

Published 10 Apr, 2021 06:23pm

Business & Finance

No plan to privatize PIA assets, Sarwar informs NA

He said routes that were bearing loss have been closed and flights on profitable routes have been added which has resulted in a reduction of losses.

Published 02 Apr, 2021 02:10pm

Pakistan

PIA restores flights for Saidu Sharif after 17 years

PESHAWAR: Saidu Sharif Airport, Swat was Friday reopened for commercial flights and the national flag carrier - PIA ...

Published 27 Mar, 2021 05:41am

Opinion

PARTLY FACETIOUS: What ‘little’ surgery she needs?

“I have been racking my brain as to what little surgery Maryam Nawaz needs

Published 17 Feb, 2021 04:24am

Pakistan

Indian lobby conspiracy behind seizure of PIA plane in Malaysia, says Sarwar

Minister claims PML-N government’s adviser on aviation Shujaat Azeem allegedly tried to grab kickbacks in the lease deal of the plane
PML-N government acquired the planes for PIA from a foreign firm at higher than the market value: Sarwar

Published 02 Feb, 2021 01:19pm

Opinion

PARTLY FACETIOUS: The sad truth of our governments

“I am not a psychologist….” “Here we go again.” “Sorry?” “I am wary of any sentence that begins...

Published 23 Jan, 2021 03:56am

Opinion

PARTLY FACETIOUS: The plight of PIA

"I am not a lawyer..." "Dear, dear me." "What? I am not lying, I am not a lawyer - by education or training..."...

Published 20 Jan, 2021 04:29am

Business & Finance

Aviation minister says Pakistan has removed all EU concerns regarding PIA

Sarwar said that PIA was adding eight new aircraft to its fleet.

Published 26 Dec, 2020 03:52pm

Pakistan

PM inaugurates AirSial as Pakistan's third private airline

With current fleet of three Airbus A320-200, the airline would operate flights to and from Sialkot, Islamabad, Karachi, Lahore and Peshawar.

Updated 09 Dec, 2020 05:47pm

Pakistan

Industrialization a must for poverty alleviation, inclusive development: PM

He congratulated the business community for the new airline which he hoped would create a competitive atmosphere for PIA to bring efficiency in services.

Published 09 Dec, 2020 04:45pm

Pakistan

Aviation minister gets briefing on major airports’ outsourcing

He was informed that as per directions of the cabinet, an audit firm would be hired in the initial phase to carry forward the process in accordance with the best international practices.

Published 16 Oct, 2020 06:07pm

Pakistan

Govt has no intention to sell Roosevelt hotel in New York: Sarwar

The last renovation of Roosevelt hotel was done some 25 years ago and at the moment, its financial performance was in turmoil.

Published 13 Oct, 2020 01:20am

Business & Finance

Dubious degree fiasco: Credentials of all employees being evaluated, says Sarwar

As per the global standards, there are 150 employees per aircraft including pilot and cabin crew members, whereas in Pakistan the number stands at 550 employees per aircraft, Sarwar informed.

Published 05 Oct, 2020 11:27am

Pakistan

PIA suspends dozens of employees with fake degrees

The airline has taken action against 52 employees in the month of June, out of which 25 employees were suspended for dubious degrees.

Published 03 Jul, 2020 11:20am

Action against 262 pilots possessing 'dubious licenses' initiated, says Sarwar

Minister says the said pilots have been banned from flying while five aviation officers involved in the scam have been terminated

Updated 26 Jun, 2020 08:05pm

More than 600 airline staffers including pilots possess fake degrees, reveals Sarwar

Minister says almost 40 percent pilots have fake licenses and lack flying experience

Updated 24 Jun, 2020 05:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	278.25
USD PKR Interbank Buying / Jan 1	278
USD to Japanese Yen / Jan 1	156.37
USD to Swiss Franc / Jan 1	0.88
Pound Sterling to USD / Jan 1	1.30
Euro to USD / Jan 1	1.09

Stock	Volume
S&P 500 / Jan 1	5,544.59
India Sensex / Jan 1	81,343.46
Tokyo Nikkei / Jan 1	39,952.62
Nasdaq / Jan 1	17,871.22
Hang Seng / Jan 1	17,446.24
FTSE 100 / Jan 1	8,204.89
Dow Jones / Jan 1	40,665.02
Germany DAX 30 / Jan 1	18,354.76

Item	Value
Petrol/Litre / Jan 1	275.60
Crude Oil USD/Barrel / Jan 1	83.40
Karachi Cotton PKR/37.32 KG / Jan 1	18,535
Gold 10 Grams PKR / Jan 1	217,764
Gold Spot USD/Ounce / Jan 1	2,467.52
Diesel/Litre / Jan 1	283.63

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.83 ▲ 0.72 (10.13%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Quetta Textile / Dec 18 Quetta Textile Mills Limited(QUET)	19.67 ▲ 1.79 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.12
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.39
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.43
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.03
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.48
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.18
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.28
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	32,155,757 ▲ 1.01

Markets →

Budget 2024-25: income tax calculator for FY25

Ghulam Sarwar

Most Popular