News stories for Bilal Hussain

Bilal Hussain

Mobile phones localisation, export: PMPMA team takes up incentives, other issues with Aurangzeb

KARACHI/ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with a...

Updated 19 Jul, 2024 09:30am

Pakistan

Transport Canada satisfied with security at Karachi airport, PCAA says

A team of aviation security inspectors from Transport Canada has given a thumbs up to the security protocols in...

Published 18 Jul, 2024 08:48pm

Technology

Hotels in Swat call for optic fibre connectivity to help boost investment

The Kalam Hotels Association, representing over 250 hotels in the picturesque valley of Kalam, Swat, has called for...

Updated 12 Jul, 2024 11:32pm

Markets

Pakistan’s economic crisis is largely due to its power sector: experts propose bypassing govt

Pakistan, the world’s fifth most populous country, has a power sector problem and experts believe this is a core...

Published 10 Jul, 2024 08:23pm

Markets

‘Big three’: car companies hit 21-year low in annual sales volume in Pakistan

Pak Suzuki, Honda, and Toyota – Japan’s major auto companies – often attributed as the “Big Three” are expected to...

Updated 09 Jul, 2024 11:24pm

Pakistan

Pharma, healthcare sectors also reeling amid economic crisis

KARACHI: Pakistan’s economy and its people are facing a health crisis. With an economy burdened by high debt and...

Published 04 Jul, 2024 06:09am

Pakistan

Experts say Pakistan budget massively negative for struggling healthcare sector

KARACHI: Pharmaceutical industry experts have expressed concerns regarding the recent taxation changes in Pakistan,...

Updated 02 Jul, 2024 05:58am

Business & Finance

After ‘clarity on stock situation’, Lucky Motor opens Kia Stonic booking with Rs780,000 price increase

Lucky Motor Corporation, formerly known as KIA Lucky Motors Pakistan, has re-opened the booking of its Kia Stonic...

Published 01 Jul, 2024 07:12pm

Pakistan

Budget 2024-25: a mixed bag for Pakistan’s climate change efforts

Pakistan’s Finance Minister Mohammad Aurangzeb, in his budget 2024-25 speech, said Pakistan faces dangers due to the...

Updated 27 Jun, 2024 09:59pm

Perspectives

Protests in Kenya have a lesson for Pakistan, but is the govt listening?

At least 10 protesters were killed during protests, and a section of parliament went up in flames as demonstrations...

Published 27 Jun, 2024 08:51pm

Pakistan

After higher taxation, a quiet ‘revolution’ is taking place within Pakistan’s salaried group

Some members of 'Salaried Class Alliance Pakistan' hold press briefing at Karachi Press Club, outlining grievances with 'unfair taxation measures'

Published 25 Jun, 2024 07:39pm

Business & Finance

UAE to stay magnet for global millionaires third year in a row

The United Arab Emirates (UAE) is poised to stay as the world’s leading wealth magnet for the third year running,...

Published 20 Jun, 2024 08:12pm

Technology

Budget 2024-25: IT sector unhappy with proposals

Current budget does not show promise that has repeatedly been made by the government, say professionals

Updated 13 Jun, 2024 02:11am

Technology

Budget proposals 2024-25: telecom sector in a fix

The latest budget proposals in Pakistan have raised concerns in the telecommunications sector. The government’s...

Published 13 Jun, 2024 12:39am

Business & Finance

Budget 2024-25: govt shifts to price-based car taxation, end of concessions for imported hybrids

The Pakistani government announced a shift in car taxation policy as part of its latest budget 2024-25 proposals....

Published 12 Jun, 2024 10:52pm

Pakistan

Taxes galore: experts stress on promoting industrialisation, reducing expenditure

Finance Minister Muhammad Aurangzeb will announce budget proposals for the coming fiscal year in a short while...

Updated 12 Jun, 2024 05:32pm

Technology

Pakistan’s ICT exports soar to $2.28bn, reveals Economic Survey 2023-24

Pakistan’s Information and Communication Technology (ICT) sector exports remittances have surged 17.44% to $2.283...

Published 11 Jun, 2024 11:23pm

Pakistan

Economic Survey 2023-24: Pakistan’s GDP per capita increases to $1,680, size of economy at $375bn

Pakistan’s GDP per capita (or per capita income) witnessed a rebound this fiscal year, standing at $1,680 compared...

Published 11 Jun, 2024 09:28pm

Technology

Economic Survey 2023-24: mobile phones dominate as Pakistan’s telecom sector imports stand at $1.62bn

Imports by Pakistan’s telecom sector soared by 117.9%, jumping to $1.623 billion during July-March FY2024, according...

Updated 11 Jun, 2024 11:57pm

Perspectives

The budget is around the corner, but there is no expectation of ‘out-of-box’ solutions

Analysts and followers expect govt to tax the groups that are already contributing with little to no hope on a widening tax net

Published 11 Jun, 2024 08:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 10	284.76
USD PKR Interbank Buying / Jul 10	284.56
USD to Japanese Yen / Jul 11	146.81
USD to Swiss Franc / Jul 11	0.80
Pound Sterling to USD / Jul 11	1.36
Euro to USD / Jul 11	1.17
UK LIBOR % / Jul 9	4.96

Stock	Volume
S&P 500 / Jul 10	6,280.46
Nasdaq / Jul 10	20,630.66
FTSE 100 / Jul 10	8,975.66
Dow Jones / Jul 10	44,650.64
Germany DAX 30 / Jul 10	24,456.81
France CAC40 / Jul 10	7,902.25
India Sensex / Jul 11	82,511.45
Tokyo Nikkei / Jul 11	39,569.68
Hang Seng / Jul 11	24,193.74

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 10	16,585
Gold 10 Grams PKR / Jul 10	304,098
Petrol/Litre / Jul 11	266.79
Crude Oil USD/Barrel / Jul 11	67.08
Gold Spot USD/Ounce / Jul 11	3,339.24
Diesel/Litre / Jul 11	272.98
Cotton US¢/pound / Jul 11	67.70

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Jul 11 First IBL Modaraba(FIBLM)	6.60 ▲ 1 (17.86%)
Premier Insurance / Jul 11 Premier Insurance Limited(PINL)	9.30 ▲ 1 (12.05%)
Pak. P.V.C. / Jul 11 Pakistan PVC Limited(PPVC)	11.39 ▲ 1.04 (10.05%)
Sally Textile / Jul 11 Sally Textile Mills Limited(SLYT)	12.73 ▲ 1.16 (10.03%)
Gammon Pak / Jul 11 Gammon Pakistan Limited(GAMON)	27.57 ▲ 2.51 (10.02%)
J.A.Textile / Jul 11 J.A. Textile Mills Limited(JATM)	32.74 ▲ 2.98 (10.01%)
Invest Bank / Jul 11 Invest Capital Investment Bank Limited(ICIBL)	13.64 ▲ 1.24 (10%)
Pakistan Cables / Jul 11 Pakistan Cables Limited(PCAL)	178.87 ▲ 16.26 (10%)
S.S.Oil / Jul 11 S.S.Oil Mills Limited(SSOM)	918.24 ▲ 83.48 (10%)
National Silk / Jul 11 The National Silk & Rayon Mills Limited(NSRM)	160.63 ▲ 14.6 (10%)

Stock	Price
Trust Mod. / Jul 11 Trust Modaraba(TRSM)	7.72 ▼ -1 (-11.47%)
Gatron Ind. / Jul 11 Gatron (Industries) Limited(GATI)	167.13 ▼ -18.57 (-10%)
Beco Steel Ltd / Jul 11 Beco Steel Limited(BECO)	26 ▼ -2.89 (-10%)
Kohinoor Mills / Jul 11 Kohinoor Mills Limited(KML)	81.20 ▼ -9.01 (-9.99%)
J.K.Spinning / Jul 11 J.K. Spinning Mills Limited(JKSM)	113.26 ▼ -12.41 (-9.88%)
EMCO Industries / Jul 11 Emco Industries Limited(EMCO)	40.89 ▼ -3.86 (-8.63%)
B. F. Modaraba / Jul 11 B.F. Modaraba(BFMOD)	10.31 ▼ -0.94 (-8.36%)
Apna Microfin. / Jul 11 Apna Microfinance Bank Limited(AMBL)	11.96 ▼ -1.06 (-8.14%)
First Treet Manuf / Jul 11 First Treet Manufacturing Modaraba(FTMM)	19.66 ▼ -1.71 (-8%)
Kohat Textile / Jul 11 Kohat Textile Mills Limited(KOHTM)	80.99 ▼ -6.54 (-7.47%)

Stock	Volume
B.O.Punjab / Jul 11 The Bank of Punjab(BOP)	94,039,248 ▲ 0.06
Aisha Steel Mill / Jul 11 Aisha Steel Mills Limited(ASL)	24,816,886 ▲ 0.43
Kohinoor Spining / Jul 11 Kohinoor Spinning Mills Limited(KOSM)	23,497,446 ▼ -0.21
WorldCall Telecom / Jul 11 Worldcall Telecom Limited(WTL)	22,553,486 ▼ -0.04
Hascol Petrol / Jul 11 Hascol Petroleum Limited(HASCOL)	19,016,666 ▼ -0.12
Azgard Nine / Jul 11 Azgard Nine Limited(ANL)	18,507,753 ▼ -0.28
Dewan Motors / Jul 11 Dewan Farooque Motors Limited(DFML)	18,340,550 ▲ 0.76
Pak Elektron / Jul 11 Pak Elektron Limited(PAEL)	15,874,245 ▲ 1.24
Image Pakistan / Jul 11 Image Pakistan Limited(IMAGE)	15,512,673 ▲ 0.89
Fauji Cement / Jul 11 Fauji Cement Company Limited(FCCL)	14,317,455 ▲ 0.48

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