News stories for Wasim Iqbal - Business Recorder

Wasim Iqbal

Targeted subsidy for motorcyclists under consideration: Price differential claims on petrol, HSD increase substantially

ISLAMABAD: A proposal is under consideration of the Petroleum Division and Benazir Income Support Programme for...

Updated 03 May, 2022 09:07am

First half of May: Prices of POL products to remain unchanged

ISLAMABAD: In a fortnightly review, the federal government has decided to continue the subsidy on petroleum products...

Updated 01 May, 2022 09:03am

Pakistan

Wheat-producing districts of Punjab facing diesel shortage

ISLAMABAD: Wheat growing districts of Punjab have been reportedly facing shortage of high speed diesel (HSD) ahead ...

Published 26 Apr, 2022 05:20am

Govt likely to curb fuel subsidies

ISLAMABAD: Present government may withdraw the subsidy on petrol entirely by raising its price by Rs 21 per litre...

Updated 24 Apr, 2022 09:09am

May delivery: PLL receives lowest bids from TEGP for LNG cargoes

ISLAMABAD: Pakistan LNG Limited (PLL) Thursday received lowest bids from Total Energies Gas and Power for Liquefied...

Updated 22 Apr, 2022 10:34am

PSO receivables, payables soar to Rs508.3bn

ISLAMABAD: The receivables and payable of Pakistan State Oil (PSO) have reached Rs508.3 billion as several clients...

Updated 20 Apr, 2022 12:23pm

Business & Finance

BoI chairman tenders resignation

ISLAMABAD: Board of Investment (BoI) Chairman Muhammad Azfar Ahsan tendered his resignation to the prime minister...

Published 17 Apr, 2022 05:51am

Business & Finance

POL products’ prices kept unchanged

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced to continue the subsidy for keeping petroleum products...

Published 16 Apr, 2022 04:10am

Pakistan

PAC criticises NAB chairman for ‘targeted accountability’

ISLAMABAD: The Public Accounts Committee (PAC) criticised the National Accountability Bureau (NAB) chairman for...

Published 15 Apr, 2022 05:29am

Failure to buy LNG from spot market: Gas crisis set to simmer in summer

Only eight LNG cargoes will be imported for April against the demand of 12

Updated 13 Apr, 2022 01:51pm

Pakistan

Dr Syed Tauqir made PS to Shehbaz

ISLAMABAD: Reshuffle in top bureaucracy of the federal government and the Punjab provincial government is expected...

Published 12 Apr, 2022 05:17am

Pakistan

Dry weather may hit wheat crop in upper Punjab, KP

ISLAMABAD: The prevailing dry weather may negatively affect wheat crop in upper Punjab and Khyber Pakhtunkhwa...

Published 08 Apr, 2022 05:28am

Markets

Gas price hike: Ogra holds public hearing in response to SSGCL’s petition

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) held a public hearing at Karachi on Thursday on a petition of...

Published 08 Apr, 2022 05:28am

Business & Finance

In favour of PIOGCL: Eni Pakistan asked to provide undertaking of HPHL

ISLAMABAD: The Petroleum Division has asked Eni Pakistan Limited to provide an undertaking of Hub Power Holdings...

Published 07 Apr, 2022 05:15am

Pakistan

PTV remains under PTI control even after NA dissolution

ISLAMABAD: The state-run Pakistan Television (PTV) remains under the control of Pakistan Tehreek-e-Insaf (PTI) even...

Updated 06 Apr, 2022 05:04pm

Cut in prices of petrol, diesel: PM’s relief package termed ‘unsustainable’

OGRA had recommended increasing the price of HSD to Rs213.02 and petrol to Rs205.64 per litre from April 1

Updated 06 Apr, 2022 02:31pm

Markets

Capped prices of petroleum products: Govt to bear additional burden of Rs33bn

ISLAMABAD: Federal government decision to un-change the prices of petroleum products for first half of April will...

Published 01 Apr, 2022 05:41am

Pakistan

Meeting with vendors today: Ministry to seek justification of hike in prices of cars, SUVs

ISLAMABAD: The Ministry of Industries and Productions has convened a meeting with auto vendors Thursday (Mar 31) to...

Published 31 Mar, 2022 05:11am

Business & Finance

Lack of facilities: SEZs fail to fetch expected FDI

ISLAMABAD: The federal government exempted Rs49.39 billion of custom duties and taxes on the import of plant and...

Published 29 Mar, 2022 06:26am

POL products: Rs114bn collected through PL

ISLAMABAD: The federal government has been able to collect a revenue of Rs114 billion through Petroleum Levy (PL) on...

Updated 20 Mar, 2022 09:02am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 1 786 Investments Limited(786)	5.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 1 Al-Abbas Sugar Mills Limited(AABS)	288.80 ▼ 0.00 (0.00%)
Agro Allianz / Jul 1 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 1 Allied Bank Limited(ABL)	69.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 1 Abbott Laboratories (Pakistan) Limited(ABOT)	654.64 ▼ 0.00 (0.00%)
Abson Ind. / Jul 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 1 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 1 Attock Cement Pakistan Limited(ACPL)	66.50 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 1 786 Investments Limited(786)	5.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 1 Al-Abbas Sugar Mills Limited(AABS)	288.80 ▼ 0.00 (0.00%)
Agro Allianz / Jul 1 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 1 Allied Bank Limited(ABL)	69.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 1 Abbott Laboratories (Pakistan) Limited(ABOT)	654.64 ▼ 0.00 (0.00%)
Abson Ind. / Jul 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 1 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 1 Attock Cement Pakistan Limited(ACPL)	66.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jun 30	135.30
USD to Swiss Franc / Jun 30	0.96
Pound Sterling to USD / Jun 30	1.21
Euro to USD / Jun 30	1.05
UK LIBOR % / Jun 30	1.57

Stock	Volume
S&P 500 / Jun 30	3785.38
India Sensex / Jun 30	53018.94
Tokyo Nikkei / Jun 30	26186.80
Nasdaq / Jun 30	11028.73
Hang Seng / Jun 30	21859.79
FTSE 100 / Jun 30	7169.28
Dow Jones / Jun 30	30775.43
Germany DAX 30 / Jun 30	12783.77
France CAC40 / Jun 30	5922.86

Item	Value
Crude Oil USD/Barrel / Jun 30	106.11
Karachi Cotton PKR/37.32 KG / Jun 30	18180.00
Gold 10 Grams PKR / Jun 30	120000.00
Gold Spot USD/Ounce / Jun 30	1805.60
Cotton US¢/pound / Jun 30	97.14

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