News stories for Muhammad Ali - Business Recorder

Muhammad Ali

Pakistan

Deportation centres to be set up for illegal Afghan people

KARACHI: Deportation centres are being established in Karachi to facilitate the detention and repatriation of...

Published 26 Oct, 2023 06:08am

Special flights to commence this week: 3,000 Afghans who aided coalition forces to be relocated to UK

KARACHI: Special flights will be commenced from Islamabad this week to relocate nearly 3,000 Afghan refugees to the...

Updated 25 Oct, 2023 08:41am

Markets

LTO Karachi secures 1.9m metric tons of sugar

KARACHI: The Large Taxpayers Office (LTO) in Karachi has successfully secured 1.9 million metric tons of sugar from...

Published 14 Oct, 2023 05:32am

Money laundering scam: Customs to engage UAE’s FIU to trace illicit fund transfers

KARACHI: Pakistan Customs is going to engage the UAE’s Financial Intelligence Unit (FIU) to trace billions of rupees...

Updated 08 Oct, 2023 04:31pm

Import of used cars: Surge causing adverse impact on local auto sector

KARACHI: Over 6,000 used cars have been imported during the last financial year, giving a significant blow to the...

Updated 07 Oct, 2023 09:51am

Pakistan

Solar panels case: Interim bail granted to accused

KARACHI: The Special Judge Customs Court in Karachi has granted interim bail to the accused individuals allegedly...

Published 06 Oct, 2023 03:03am

‘Transactions’ through fake firm: FBR unearths massive Rs214.8bn sales tax fraud

KARACHI: Directorate of Internal Audit IR, Karachi has unearthed a massive sales tax fraud perpetrated by a...

Updated 24 Sep, 2023 09:16am

Solar panel imports: Rs73bn illicit fund transfers detected

KARACHI: Directorate of Post Clearance Audit (South), Karachi has unearthed a complex web of deceit and fiscal fraud...

Updated 06 Sep, 2023 10:25am

Sindh govt bans new housing projects

KARACHI: The caretaker government of Sindh has imposed a complete ban on the approval of new housing projects,...

Updated 26 Aug, 2023 08:55am

Pakistan

AGP detects Rs1.95bn malfeasance in three PCAA projects

KARACHI: The Auditor General of Pakistan (AGP) has detected serious financial irregularities totaling Rs. 1.95...

Published 03 Aug, 2023 05:55am

FBR wing unearths Rs1.2bn tax fraud scheme

KARACHI: The Directorate of Internal Audit-Inland Revenue-FBR Karachi has made a significant breakthrough in...

Updated 01 Aug, 2023 09:26am

Business & Finance

MG HS Excite and 2.0 AWD: MG Pakistan to launch two new variants

LAHORE: MG Pakistan – a joint venture between SAIC, the number one Chinese and the sixth-largest global automobile...

Updated 25 Jul, 2023 08:00pm

Pakistan

‘Bribery-smuggling network’: senior customs officials booked

KARACHI: Anti-Corruption Circle (ACC) of the Federal Investigation Agency (FIA) Karachi has nominated three...

Published 15 Jul, 2023 06:08am

Rs69.5bn money laundering unearthed in solar panel imports

KARACHI: The Directorate of Post Clearance Audit (PCA) South has uncovered massive money laundering in the solar...

Updated 11 Jul, 2023 09:51am

Business & Finance

LTO Karachi collects Rs2,076bn in FY2022-23

KARACHI: The Large Taxpayers Office (LTO), Karachi announced a remarkable achievement as it had collected Rs 2,076...

Published 06 Jul, 2023 05:42am

Pakistan

EFS scam: PCA takes action against textile firm

KARACHI: Pakistan Customs Authority (PCA) South has taken decisive action against a Karachi-based textile company...

Published 14 Jun, 2023 06:21am

Pakistan

PCAA implements precautionary measures at Karachi airport

KARACHI: In response to an alert issued by the Meteorological Department regarding a potential cyclone ...

Published 13 Jun, 2023 06:00am

Trade leaders give mixed response

KARACHI/LAHORE: Irfan Iqbal Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry...

Updated 10 Jun, 2023 08:49am

Pakistan

Direct flights to KSA: Saudi aviation team arrives to examine security matters

KARACHI: A high-level delegation from Saudi Arabia’s General Aviation Civil Aviation (GACA) has arrived on a...

Published 07 Jun, 2023 06:05am

Pakistan

Malaysia allows release of seized PIA plane

KARACHI: Pakistan International Airlines (PIA) successfully retrieved its impounded Boeing 777 aircraft at Kuala...

Published 04 Jun, 2023 03:35am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 28 Kohinoor Power Company Limited(KOHP)	4.88 ▲ 1.00 (25.77%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.90 ▲ 0.90 (15.00%)
Power Cem(Pref) / Nov 28 Power Cement (Pref)(POWERPS)	8.60 ▲ 1.00 (13.16%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.20 ▲ 0.24 (12.24%)
Service Textile / Nov 28 Service Industries Textiles Limited(SERT)	10.11 ▲ 1.00 (10.98%)
Bela Auto / Nov 28 Bela Automotives Limited(BELA)	7.29 ▲ 0.71 (10.79%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Premier Insurance / Nov 28 Premier Insurance Limited(PINL)	7.90 ▲ 0.58 (7.92%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.40 ▲ 0.88 (7.64%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)

Stock	Price
F.Credit & Inv / Nov 28 First Credit and Investment Bank Limited(FCIBL)	5.53 ▼ -0.66 (-10.66%)
PICIC Ins.Ltd. / Nov 28 PICIC Insurance Limited(PIL)	0.90 ▼ -0.09 (-9.09%)
Pervez Ahmed Co / Nov 28 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.81 ▼ -0.07 (-7.95%)
Samba Bank / Nov 28 Samba Bank Limited(SBL)	7.85 ▼ -0.66 (-7.76%)
Universal Network (GEM) / Nov 28 Universal Network Systems Limited (GEM)(GEMUNSL)	38.54 ▼ -3.12 (-7.49%)
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Tandlianwala Sugar / Nov 28 Tandlianwala Sugar Mills Limited(TSML)	65.05 ▼ -4.95 (-7.07%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Hala Enterprise / Nov 28 Hala Enterprises Limited(HAEL)	10.75 ▼ -0.66 (-5.78%)
Punjab Mod / Nov 28 First Punjab Modaraba(FPJM)	1.60 ▼ -0.09 (-5.33%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.20
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	47,603,061 ▲ 0.08
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	24,352,497 ▼ -0.08
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	23,054,217 ▲ 0.24
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.22
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▲ 0.26
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 2.67
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.63
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▼ -0.01
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.06

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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