Trends - Muhammad Ali - Business Recorder

Muhammad Ali

Renegotiating or terminating contracts with IPPs: up to Rs300bn annual saving expected

This is projected to result in a reduction of Rs 2-3 per unit in electricity tariffs

Updated 06 Nov, 2024 11:37am

Capacity payment issue: 10 IPPs seek PM’s intervention

Talks with IPPs of 2002 Policy are commencing from today

Updated 28 Oct, 2024 04:10pm

World

Ex-wife of Muhammad Ali in Afghanistan: Taliban govt

KABUL: A former wife of legendary US boxer Muhammad Ali arrived in the Afghan capital, a Taliban government official...

Published 25 Oct, 2024 03:08pm

Govt inks revised deals with 8 bagasse-fired IPPs

ISLAMABAD: Following successful negotiated deals with the five Independent Power Producers (IPPs), the Energy Task...

Updated 23 Oct, 2024 09:09am

CRA on the cards to ensure transparency in imported coal pricing

ISLAMABAD: The federal government is likely to establish a Coal Regulatory Authority (CRA) to ensure transparency in...

Updated 26 Sep, 2024 09:02am

Pakistan

Pakistan, China discuss energy sector reforms

Pakistan has already requested Beijing to re-profile energy sector debt owed to China

Updated 09 Aug, 2024 10:01pm

Pakistan

BR reporter Muhammad Ali’s father passes away

KARACHI: Muhammad Safdar Ali, the father of BR staff reporter Muhammad Ali, passed away on Monday after a prolonged...

Published 07 Aug, 2024 07:12am

Sports

Muhammad Ali’s ‘Thrilla in Manila’ shorts up for auction

NEW YORK: The shorts worn by Muhammad Ali in his legendary “Thrilla in Manila” boxing match are up for grabs at...

Published 05 Apr, 2024 12:14pm

Pakistan

Musadiq announces probe into coal procurement by power plant

ISLAMABAD: Minister for Petroleum and Power, Dr Musadiq Masood Malik on Thursday announced an investigation into ...

Published 15 Mar, 2024 04:14am

‘Costly’ coal purchase lands Power Div in a fix

'Catch-22' situation on basis of letter written by former caretaker Federal Minister for Power and Petroleum, Muhammad Ali, who ordered a thorough probe into purchase of coal on higher prices

Updated 06 Mar, 2024 10:35am

NTDC projects funded by World Bank, ADB: Senate panel clears two major ‘scandals’

ISLAMABAD: Senate Standing Committee on Power on Tuesday cleared two major scandals of power projects being...

Updated 21 Feb, 2024 09:53am

Markets

Caretaker PM Kakar sees potential for international investors in Pakistan’s mineral sector

Addresses signing ceremony of joint venture agreement between Pakistan Mineral Development Corporation and US-based Miracle Saltworks Collective Inc. for state-of-the-art crushing and packaging plant in the country

Updated 20 Feb, 2024 10:09pm

Business & Finance

Rising energy costs: APTMA says 50pc industry at high risk of closure

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has again raised its voice against high electricity and...

Published 15 Feb, 2024 05:39am

Markets

APTMA urges govt to end unproductive cross-subsidies

The All Pakistan Textile Mills Association (APTMA), which represents the largest industrial sector of Pakistan, has...

Updated 14 Feb, 2024 09:28pm

Pakistan

First-ever ‘Fuelling Futures Career Expo’ inaugurated

ISLAMABAD: Federal Minister for Energy Muhammad Ali inaugurated the first-ever national-level “Fuelling Futures...

Published 01 Feb, 2024 04:52am

‘Innovative’ plan set to reduce circular debt

ISLAMABAD: Caretaker Minister for Power and Petroleum, Muhammad Ali, has set an extremely ambitious circular debt...

Updated 31 Jan, 2024 09:32am

Business & Finance

KCCI demands release of pending incremental consumption package

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has urged that in ...

Published 28 Jan, 2024 02:43am

CCoE meets today to negotiate with baggasse power plants

ISLAMABAD: The Cabinet Committee on Energy (CCoE) headed by caretaker Minister for Power and Petroleum Muhammad Ali...

Updated 26 Jan, 2024 08:45am

Turkish firm wants probe into ‘Lot-1 affair’

ISLAMABAD: Turkish energy firm M/s SA-RA has urged caretaker Minister for Power and Petroleum Muhammad Ali to...

Updated 26 Jan, 2024 09:35am

Circular debt reduction: MoF objects to plan tailored by minister

ISLAMABAD: The Ministry of Finance (MoF) has reportedly raised objections on circular debt reduction plan tailored...

Updated 23 Jan, 2024 09:09am

KSA yet to respond to deferred oil payment request

ISLAMABAD: Saudi Arabia has reportedly not responded to Pakistan’s request to extend purchase of oil on deferred...

Updated 22 Jan, 2024 10:02am

Dasu transmission line contracts: Ali pledges to conduct ‘fair inquiry’

ISLAMABAD: Caretaker Minister for Power and Petroleum, Muhammad Ali, has reportedly given his pledge to the Turkish...

Updated 20 Jan, 2024 05:32pm

13 renewable projects: Foreign investors move power minister

ISLAMABAD: Pakistan Foreign Renewable Energy Investors Forum has approached caretaker Minister for Power and...

Updated 14 Jan, 2024 10:38am

Coal procurement process: Lucky Commodities lodges complaint with minister

ISLAMABAD: M/s Lucky Commodities is said to have lodged a complaint with caretaker Minister for Power and Petroleum,...

Updated 30 Dec, 2023 08:18pm

Regionally competitive level sought: APTMA demands power tariff at 9-10 cents per kWh

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed deep concern over the absolutely dismal...

Updated 22 Dec, 2023 09:19am

Energy mix ‘Govt plans to enhance share of hydel, RE to 61pc by 2030’

ISLAMABAD: Caretaker Minister for Power Muhammad Ali on Wednesday said the government is working on a plan to...

Updated 21 Dec, 2023 09:53am

Markets

Higher tariffs cause power consumption decline: APTMA

ISLAMABAD: Electricity consumption of textile sector in the jurisdictions of Lahore Electric Supply Company (Lesco)...

Updated 13 Dec, 2023 09:48am

Fertiliser plants exempted from gas load-shedding: Ali

ISLAMABAD: The interim government decided to exempt all fertiliser plants from winter gas load-shedding and import...

Updated 13 Dec, 2023 09:44am

Pakistan

Minister meets Tajikistan counterpart on sidelines of COP28

ISLAMABAD: On the sidelines of the COP28, Minister for Energy Muhammad Ali held a meeting with Minister for Energy ...

Published 05 Dec, 2023 03:01am

CCoE all set to consider CTBCM final test run report

ISLAMABAD: The Cabinet Committee on Energy (CCoE) is all set to consider Final Test Run Report of the long-awaited...

Updated 22 Nov, 2023 10:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Muhammad Ali

Most Popular