News stories for Wasim Iqbal - Business Recorder

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اردو

Apr 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Wasim Iqbal

PIA, PSM audit accounts: Government to invite EoI from international auditors

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PIA, PSM audit accounts: Government to invite EoI from international auditors

The government will invite expression of interest (EoI) from well known international auditors to undertake a complete audit of Pakistan International Airlines (PIA) and Pakistan Steel Mills (PSM) accounts within five months. The staff level report of Int

Published 10 Jul, 2019 12:00am

IMF to provide technical assistance in drafting SOEs Law

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IMF to provide technical assistance in drafting SOEs Law

The International Monetary Fund (IMF) will provide technical assistance to the government in drafting State Owned Enterprises (SOEs) Law by end-December 2019, according to recently released Staff Report of the IMF. The draft of SOEs Law will then be submi

Published 09 Jul, 2019 12:00am

SEZ under CPEC may be inaugurated by month-end

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SEZ under CPEC may be inaugurated by month-end

The inaugural session of Rashakai Special Economic Zone, under the China-Pakistan Economic Corridor (CPEC) is expected to be held by the end of July, sources in the Board of Investment (BoI) said. An investment worth $138 million is expected from China in

Published 07 Jul, 2019 12:00am

SEZ under CPEC may be inaugurated by month-end

Print

SEZ under CPEC may be inaugurated by month-end

The inaugural session of Rashakai Special Economic Zone, under the China-Pakistan Economic Corridor (CPEC) is expected to be held by the end of July, sources in the Board of Investment (BoI) said. An investment worth $138 million is expected from China in

Published 07 Jul, 2019 12:00am

SEZ under CPEC may be inaugurated by month-end

Print

SEZ under CPEC may be inaugurated by month-end

The inaugural session of Rashakai Special Economic Zone, under the China-Pakistan Economic Corridor (CPEC) is expected to be held by the end of July, sources in the Board of Investment (BoI) said. An investment worth $138 million is expected from China in

Published 07 Jul, 2019 12:00am

New sale price of gas notified

Print

New sale price of gas notified

The Oil and Gas Regularity Authority (OGRA) has notified on Sunday new sale price of gas up to 198 percent with effect from July 1, 2019. The government increased the tariff above the recommended gas tariff of OGRA for current financial year as government

Published 01 Jul, 2019 12:00am

New sale price of gas notified

Print

New sale price of gas notified

The Oil and Gas Regularity Authority (OGRA) has notified on Sunday new sale price of gas up to 198 percent with effect from July 1, 2019. The government increased the tariff above the recommended gas tariff of OGRA for current financial year as government

Published 01 Jul, 2019 12:00am

New sale price of gas notified

Print

New sale price of gas notified

The Oil and Gas Regularity Authority (OGRA) has notified on Sunday new sale price of gas up to 198 percent with effect from July 1, 2019. The government increased the tariff above the recommended gas tariff of OGRA for current financial year as government

Published 01 Jul, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Jinnah Convention Centre: PC to hire services of FA for privatisation of JCC

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Jinnah Convention Centre: PC to hire services of FA for privatisation of JCC

Privatisation Commission (PC) will hire services of Financial Advisor (FA) for the privatisation of Jinnah Convention Centre located at a prime location near Constitution Avenue Islamabad till July 19. Firms and corporate finance firms have been asked to

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Jinnah Convention Centre: PC to hire services of FA for privatisation of JCC

Print

Jinnah Convention Centre: PC to hire services of FA for privatisation of JCC

Privatisation Commission (PC) will hire services of Financial Advisor (FA) for the privatisation of Jinnah Convention Centre located at a prime location near Constitution Avenue Islamabad till July 19. Firms and corporate finance firms have been asked to

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Babar Awan likely to stage his come back as special assistant to PM

Print

Babar Awan likely to stage his come back as special assistant to PM

Prime Minister Imran Khan is reportedly considering giving Babar Awan the position of special assistant, possibly of Information, with the status of minister of state after passage of annual budget, sources said. "The matter of Babar Awan's appointment as

Published 29 Jun, 2019 12:00am

Swedish embassy hosts National Day reception

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Swedish embassy hosts National Day reception

The Embassy of Sweden hosted a reception on the occasion of the National Day of Sweden. Ambassador of Sweden Ingrid Johansson welcomed the government dignitaries, diplomats, businessmen and others at the reception hosted here at a hotel on Friday.

Published 22 Jun, 2019 12:00am

Biometric verification of bank accounts: Number of senior citizens facing problems as skin loses

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Biometric verification of bank accounts: Number of senior citizens facing problems as skin loses

A number of senior citizens are facing problems in the biometric verification of their bank accounts as fingerprints are difficult to capture as skin loses its elasticity with age, a survey conducted by Business Recorder reveals.

Published 22 Jun, 2019 12:00am

Petroleum Division to submit new policy draft by August

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Petroleum Division to submit new policy draft by August

The Petroleum Division will submit a draft of new petroleum policy for upstream oil and gas companies to the Cabinet before bidding for the next blocks, sources told this correspondent. The Division is deliberating on a new petroleum policy with incentive

Published 14 Jun, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 29	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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No intention to impose fixed tax on solar, Power Division clarifies

No intention to impose fixed tax on solar, Power Division clarifies

NJLI Sarmaya Growth Fund Rates

Foreign Minister Ishaq Dar appointed as Deputy Prime Minister of Pakistan

Foreign Minister Ishaq Dar appointed as Deputy Prime Minister of Pakistan

Net metering consumers: PD presents buyback rate cut mechanism to prime minister

Net metering consumers: PD presents buyback rate cut mechanism to prime minister

Non-customs duty paid cars

Non-customs duty paid cars

63 vehicles taken away, 51 mobile phones snatched in Islamabad

63 vehicles taken away, 51 mobile phones snatched in Islamabad

Mobile phones: Jul-Mar imports soar 181.26pc to $1.301bn YoY

Mobile phones: Jul-Mar imports soar 181.26pc to $1.301bn YoY

SECP introduces new digital platform

SECP introduces new digital platform

Efforts to outsource airports get good response

Efforts to outsource airports get good response