News stories for Muhammad Ali - Business Recorder

Muhammad Ali

Pakistan

Land-grab, encroachment issues: ABAD begins receiving relief

KARACHI: Members of the Association of Builders and Developers (ABAD) have begun receiving relief from land grabbing...

Published 19 Mar, 2025 07:56am

Once again, Department of Plant Protection under fire

KARACHI: The Department of Plant Protection, which has a reputation for questionable conduct, has been exposed once...

Updated 19 Mar, 2025 08:52am

No fresh registrations: SMEs forced to run businesses with unregistered title: KTBA

KARACHI: The Small and Medium Enterprises (SMEs) are forced to run their businesses with an unregistered title due...

Updated 08 Mar, 2025 08:50am

Business & Finance

inDrive announces significant growth, expansion plans

KARACHI: inDrive, a global mobility and urban services platform, has announced significant growth in Pakistan...

Published 19 Feb, 2025 06:21am

Pakistan-Russia freight train: Trial operations likely by March

KARACHI: Pakistan Russia international freight train service is expected to commence its trial operations by March...

Updated 17 Feb, 2025 02:21pm

Credits against tax WH: FBR issuing notices to salaried individuals: KTBA

KARACHI: The Federal Board of Revenue (FBR) has reportedly started issuing notices to salaried individuals, alleging...

Updated 14 Feb, 2025 09:30am

FSA helps in sharp increase of TP consignments

KARACHI: The volume of transshipment (TP) consignments have shown drastic growth following the implementation of the...

Updated 10 Feb, 2025 09:33am

Customs agents threaten to halt clearance services

KARACHI: The Pakistan Customs Agents Association has announced plans to suspend import and export clearance services...

Updated 07 Feb, 2025 08:57am

Pakistan

Customs thwart bid to smuggle weapons to Oman

KARACHI: Customs authorities at Port Qasim have thwarted a sophisticated attempt to smuggle substantial number of...

Published 05 Feb, 2025 06:48am

SRB will be sole authority for collection, enforcement

KARACHI: Sindh Revenue Board (SRB) has been designated as the authority responsible for the collection and...

Updated 04 Feb, 2025 09:30am

Letter written to Naqvi: Foreign investors face security clearance roadblock: PTBA

KARACHI: The government has reportedly started rejecting the security clearance of foreign investors. The Pakistan...

Updated 24 Jan, 2025 09:13am

Pakistan

New Gwadar international airport starts operations

ISLAMABAD/KARACHI: The New Gwadar International Airport (NGIAP) on Monday commenced commercial operations with the...

Published 21 Jan, 2025 06:12am

Business & Finance

New tracking devices: Bonded carriers face additional burden of over Rs300m

KARACHI: Pakistan’s transit trade sector faces unprecedented turmoil as bonded carriers are forced to bear an...

Published 20 Jan, 2025 05:31am

PIA sees Rs107m revenue on direct flight to Paris

KARACHI: Pakistan International Airlines (PIA) is set to generate sizeable revenue of over Rs 107 million on its...

Updated 10 Jan, 2025 08:44am

‘Fake’ imports of solar panel: PCA unearths Rs106bn money laundering

KARACHI: Post Clearance Audit (PCA), South has uncovered another massive money laundering scam involving Rs 106...

Updated 10 Jan, 2025 08:43am

Pakistan

PCAA making efforts to mitigate shortage of pilots

KARACHI: Pakistan Civil Aviation Authority (PCAA) has partnered with international training organisations to meet ...

Published 01 Jan, 2025 03:03am

PCA unearths Rs2.4bn tax fraud ‘committed’ by cement maker

KARACHI: The Post Clearance Audit (PCA) South has detected a tax fraud amounting to Rs. 2.4 billion against a...

Updated 30 Dec, 2024 09:23am

Investments in real estate: Overseas Pakistanis now eligible for exemption from higher tax rates

KARACHI: In a significant move to attract foreign investments in the real estate sector, overseas Pakistanis are now...

Updated 27 Dec, 2024 03:15pm

Business & Finance

PCA South uncovers Rs340m tax fraud

KARACHI: The Post Clearance Audit (PCA) South has exposed a massive financial fraud involving a phantom company that...

Updated 23 Dec, 2024 09:47am

Pakistan

First Travel Store launched in Karachi: Emirates welcomes EU flight resumption

KARACHI: Emirates welcomes the resumption of direct flights between Pakistan and the EU, viewing it as a catalyst ...

Published 20 Dec, 2024 02:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 18	283.63
USD PKR Interbank Buying / Jun 18	283.43
USD to Japanese Yen / Jun 18	144.98
USD to Swiss Franc / Jun 18	0.82
Pound Sterling to USD / Jun 18	1.35
Euro to USD / Jun 18	1.15
UK LIBOR % / Jun 17	4.96

Stock	Volume
S&P 500 / Jun 17	5,982.72
Nasdaq / Jun 17	19,521.09
Dow Jones / Jun 17	42,215.80
India Sensex / Jun 18	81,296.14
Tokyo Nikkei / Jun 18	38,885.15
Hang Seng / Jun 18	23,694.84
FTSE 100 / Jun 18	8,846.17
Germany DAX 30 / Jun 18	23,428.07
France CAC40 / Jun 18	7,690.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 17	16,785
Gold 10 Grams PKR / Jun 17	309,756
Petrol/Litre / Jun 18	258.43
Crude Oil USD/Barrel / Jun 18	74.83
Gold Spot USD/Ounce / Jun 18	3,381.83
Diesel/Litre / Jun 18	262.59
Cotton US¢/pound / Jun 18	67.70

Gainers
Losers
Leaders

Stock	Price
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	4.87 ▲ 1 (25.84%)
Cresent Jute / Jun 18 Crescent Jute Products Limited(CJPL)	6.40 ▲ 0.83 (14.9%)
Siddiqsons Tin / Jun 18 Siddiqsons Tin Plate Limited(STPL)	6.89 ▲ 0.75 (12.21%)
Service Textile / Jun 18 Service Industries Textiles Limited(SERT)	19.67 ▲ 1.79 (10.01%)
Rupali polyester / Jun 18 Rupali Polyester Limited(RUPL)	20.34 ▲ 1.85 (10.01%)
Haseeb Waqas / Jun 18 Haseeb Waqas Sugar Mills Limited(HWQS)	12.10 ▲ 1.1 (10%)
Kohinoor Mills / Jun 18 Kohinoor Mills Limited(KML)	44.46 ▲ 4.04 (10%)
Leather Up Ltd. / Jun 18 Leather Up Limited(LEUL)	32.23 ▲ 2.93 (10%)
Hinopak Motor / Jun 18 Hinopak Motors Limited(HINO)	451.03 ▲ 41 (10%)
Zahid Jee Textile / Jun 18 Zahidjee Textile Mills Limited(ZAHID)	36.08 ▲ 3.28 (10%)

Stock	Price
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.18 ▼ -0.7 (-18.04%)
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	2.88 ▼ -0.43 (-12.99%)
First IBL Mod. / Jun 18 First IBL Modaraba(FIBLM)	4.21 ▼ -0.62 (-12.84%)
First Treet Manuf / Jun 18 First Treet Manufacturing Modaraba(FTMM)	4.91 ▼ -0.61 (-11.05%)
Tariq Corp.Pref. / Jun 18 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.94 ▼ -0.98 (-10.99%)
Gulistan Sp. / Jun 18 Gulistan Spinning Mills Limited(GUSM)	8.30 ▼ -0.98 (-10.56%)
Sardar Chemical / Jun 18 Sardar Chemical Industries Limited(SARC)	69.39 ▼ -7.71 (-10%)
PIA Holding Co.B / Jun 18 PIA Holding Company Limited B(PIAHCLB)	13,770.20 ▼ -1529.97 (-10%)
Pakgen Power / Jun 18 Pakgen Power Limited(PKGP)	213.65 ▼ -23.74 (-10%)
Baba Farid Sugar / Jun 18 Baba Farid Sugar Mills Limited(BAFS)	55 ▼ -6.01 (-9.85%)

Stock	Volume
WorldCall Telecom / Jun 18 Worldcall Telecom Limited(WTL)	110,698,161 ▼ -0.11
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	51,711,290 ▲ 1
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	40,869,408 ▼ -0.7
Sui South Gas / Jun 18 Sui Southern Gas Company Limited(SSGC)	35,689,384 ▼ -0.62
TPL Properties / Jun 18 TPL Properties Limited(TPLP)	26,132,805 ▲ 0.34
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	22,498,201 ▼ -0.43
PIA Holding Co.Ltd / Jun 18 PIA Holding Company Limited(PIAHCLA)	19,254,790 ▼ -1.85
Secure Logistics / Jun 18 Secure Logistics Group Limited(SLGL)	18,115,203 ▼ -0.95
First Dawood Prop. / Jun 18 First Dawood Properties Limited(FDPL)	17,153,517 ▲ 0.09
Invest Bank / Jun 18 Invest Capital Investment Bank Limited(ICIBL)	17,046,495 ▼ -0.72

Markets →

Most Popular