News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Pakistan

IMF reaffirms support for Pakistan’s bailout, calls for deesclation with India

The International Monetary Fund (IMF) on Thursday reiterated that its Executive Board meeting pertaining to...

Updated 08 May, 2025 11:07pm

Pakistan

IMF to proceed with Pakistan review despite India’s objections

IMF Executive Board to meet on May 9 to discuss Pakistan programme

Updated 03 May, 2025 09:43pm

Markets

Pakistan sees sharp decline in worker emigration to UAE: report

Frequent changes in UAE visa policies attributed to the decline

Published 15 Apr, 2025 03:51pm

Markets

From crisis to clean energy: Pakistan emerges as top solar market in 2024

Despite being a low-income country plagued by economic and social issues, a green revolution is taking place in...

Updated 14 Apr, 2025 10:42pm

Perspectives

‘Begging mafia’: an international embarrassment

It was just another morning as I set to depart for a day at the office, after finding that regular routes were...

Updated 07 Apr, 2025 03:34pm

Pakistan

Trump’s tariff threat: Pakistan’s $3.3bn trade surplus with US at risk, says report

Amid escalating US trade protectionism, Pakistan must adopt a proactive and strategic approach to safeguard its...

Updated 07 Apr, 2025 11:52pm

Pakistan

US criticises Pakistan’s trade policies in new report

The US government has raised concerns over Pakistan’s trade and investment policies, highlighting their adverse...

Updated 04 Apr, 2025 10:59pm

Pakistan

US tariffs will hurt Pakistani products’ competitiveness, experts warn

'Biggest assault yet on global economic system' says one expert

Updated 03 Apr, 2025 10:10pm

Markets

IMF agreement brings relief, but economic challenges persist, say experts

Analysts believe Pakistan must remain committed to IMF programme to ensure sustainable economic growth

Updated 26 Mar, 2025 07:58pm

Markets

Net-metering buyback: Does govt want to dim Pakistan’s solar glow?

Stakeholders in energy sector including Senator Sherry Rehman have raised concerns over the government’s decision to...

Updated 14 Mar, 2025 10:02pm

Pakistan

Moody’s upgrades Pakistan’s banking outlook to positive

Rating agency expects Pakistan's economy to grow by 3% in 2025

Updated 12 Mar, 2025 08:53pm

Markets

SBP likely to deliver seventh straight cut amid cooling inflation

Pakistan’s central bank is expected to lower its key interest rate by up to 50 basis points (bps) on Monday,...

Updated 06 Mar, 2025 01:38pm

Markets

Pakistan weighs cryptocurrency regulations amid concerns

As Pakistan moves toward formalizing its stance on cryptocurrency, key stakeholders voiced their concern over...

Published 04 Mar, 2025 02:59pm

Business & Finance

Sindh increases penalties: Late registration could cost vehicle owners up to Rs200,000

The Sindh government’s Motor Registration Authority has raised the penalty for late vehicle registration by up...

Updated 28 Feb, 2025 08:29pm

Markets

Will 18% GST on net metering slow down Pakistan’s solar boom?

In a key development on the renewable energy front, the Federal Tax Ombudsman (FTO) ordered that solar net metering...

Updated 26 Feb, 2025 07:56pm

Markets

Rupee’s stable road: PKR sees off best year since 2015

Currency had depreciated for a successive 7 years before seeing some gain in 2024

Updated 01 Jan, 2025 04:50pm

Markets

PSX record rally: more Pakistani companies join billion-dollar club

Number of companies with over billion-dollar capitalisation increases from six in May 2024 to 11 in December 2024

Published 16 Dec, 2024 04:16pm

Technology

Out of 2.32mn freelancers, only 38,000 hold bank accounts in Pakistan, PM Committee told

In a startling development, it was disclosed during a high-level meeting of the Prime Minister’s Committee on IT...

Updated 13 Dec, 2024 09:57pm

Markets

Gold price per tola decreases Rs5,400 in Pakistan as international market reacts to Trump’s victory

The impact of the recent decline in the international gold price was also felt in Pakistan, with the price of a tola...

Updated 07 Nov, 2024 10:28pm

Perspectives

Moving away from stabilisation to industrial sector growth: there is some time

Complete independence cannot be achieved without economic stability. These words have never sounded truer. A few...

Published 11 Oct, 2024 01:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	281.78
USD PKR Interbank Buying / May 14	281.68
USD to Japanese Yen / May 14	146.04
USD to Swiss Franc / May 14	0.84
Pound Sterling to USD / May 14	1.33
Euro to USD / May 14	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
India Sensex / May 14	81,330.56
Tokyo Nikkei / May 14	37,705.74
Nasdaq / May 14	19,146.81
Hang Seng / May 14	23,574.72
FTSE 100 / May 14	8,585.01
Dow Jones / May 14	42,051.06
Germany DAX 30 / May 14	23,527.01
France CAC40 / May 14	7,836.79

Item	Value
Crude Oil USD/Barrel / May 14	61.91
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Gold Spot USD/Ounce / May 14	3,152.57
Cotton US¢/pound / May 14	65.37
Petrol/Litre / May 15	252.63
Diesel/Litre / May 15	256.64

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.68 ▲ 0.44 (13.58%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
AN Textile Mills / May 15 AN Textile Mills Limited(ANTM)	11.87 ▲ 1.08 (10.01%)
Arctic Textile / May 15 Arctic Textile Mills Limited(ARCTM)	23.63 ▲ 2.15 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)
Bunnys Limited / May 15 Bunnys Limited(BNL)	30.81 ▲ 2.8 (10%)
National Refinery / May 15 National Refinery Limited(NRL)	230.12 ▲ 20.92 (10%)
P.N.S.C / May 15 Pakistan National Shipping Corporation(PNSC)	285.03 ▲ 25.91 (10%)

Stock	Price
Tariq Corp.Pref. / May 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.11 ▼ -1 (-12.33%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.37 ▼ -2.92 (-9.97%)
National Silk / May 15 The National Silk & Rayon Mills Limited(NSRM)	41.70 ▼ -4.51 (-9.76%)
TPL Life Insur. / May 15 TPL Life Insurance Limited(TPLL)	46.80 ▼ -4.5 (-8.77%)
Tri-Star Mutual / May 15 Tri-Star Mutual Fund Limited(TSMF)	8.11 ▼ -0.69 (-7.84%)
Sanghar Sugar / May 15 Sanghar Sugar Mills Limited(SANSM)	55.53 ▼ -4.41 (-7.36%)
Quetta Textile / May 15 Quetta Textile Mills Limited(QUET)	11.25 ▼ -0.89 (-7.33%)
Tandlianwala Sugar / May 15 Tandlianwala Sugar Mills Limited(TSML)	153.01 ▼ -11.67 (-7.09%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Diamond Ind. / May 15 Diamond Industries Limited(DIIL)	24.89 ▼ -1.31 (-5%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	33,628,314 ▲ 1.86
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	31,980,292 ▲ 0.2
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	30,031,242 ▲ 0.31
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	22,884,161 ▲ 3.29
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	17,507,476 ▲ 0.23
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	16,305,394 ▲ 0.82
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	15,340,747 ▲ 0.09
B.O.Punjab / May 15 The Bank of Punjab(BOP)	11,867,135 ▲ 0.15
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	9,964,444 ▲ 3.89
Al-Shaheer Corp / May 15 Al Shaheer Corporation Limited(ASC)	9,109,518 ▲ 0.69

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