News stories for Hassan Abbas - Business Recorder

Hassan Abbas

Pakistan

Gas shutdown in Punjab: Opposition protests against closure of power looms

Opposition in Punjab Assembly on Wednesday protested against the closure of power looms due to the gas shut down in Punjab.

Published 30 Jan, 2020 12:00am

Government, opposition blame each other for flour crisis in PA

The Opposition and government legislators in session of Punjab Assembly on Friday blamed each other for ongoing flour crisis in the country. The session started almost two hours late under the chair of Deputy Speaker Sardar Dost Muhammad Mazari.

Published 25 Jan, 2020 12:00am

Pakistan

In-house change not unconstitutional, says Hamza

Opposition leader in Punjab Assembly Hamza Shahbaz Sharif said on Thursday that in house change in parliament is not unconstitutional. He was talking to media outside the Punjab Assembly. He also said that PML-N has opened its doors and windows for every

Published 24 Jan, 2020 12:00am

Pakistan

Belt and Road Initiative: India, Pakistan can help in boosting positive spillover effects of Chinese investments

By adopting a people centered approach towards the development of the regions that fall under Belt and Road Initiative, India and Pakistan can help in boosting the positive spill over effects of Chinese investments including in areas such as employment, v

Published 23 Jan, 2020 12:00am

Pakistan

PHEC warns against offering unapproved courses

The Accreditation Committee of the Punjab Higher Education Commission recommended that the private sector Higher Education Institutes (HEIs) offering un-approved programmes should be fined Rs 5 million per programme per year.

Published 22 Jan, 2020 12:00am

Business & Finance

Pakistan and China: report underscores need for strengthening financial cooperation

The report on internationalization of RMB states that future financial cooperation between China and Pakistan in capital market needs to be strengthened, especially in the bond market. The advantages of China's third party e-payment and fintech into full

Published 21 Jan, 2020 12:00am

Pakistan

Extra marks to minister's son: CM approves proceedings against BISE Rawalpindi officials

Punjab chief minister has given approval for taking action under the provisions of PEEDA Act, 2006, against officers of the Board of Intermediate and Secondary Education Rawalpindi and an officer of the Higher Education Department on charges of awarding e

Published 18 Jan, 2020 12:00am

Pakistan

Lahorites facing acute gas shortage

The people in provincial metropolis are facing acute gas shortage as demand for the commodity has increased due to drop in mercury levels.

Published 17 Jan, 2020 12:00am

Pakistan

Social media: Punjab Assembly demands government block blasphemous material

The Punjab Assembly on Tuesday unanimously passed a resolution against those making blasphemous remarks in the name of freedom of expression. The resolution was submitted by provincial minister Ammar Yasir. It demanded that steps should be taken to block

Published 01 Jan, 2020 12:00am

Pakistan

Punjab PA unanimously passes University of Chakwal Bill 2019

The Punjab Assembly on Monday unanimously passed University of Chakwal Bill 2019 after accepting the amendment of opposition of changing the name from University of North Punjab to University of Chakwal. The amendment was moved by PML-N MPA Waris Shad whi

Published 31 Dec, 2019 12:00am

Pakistan

Punjab varsity produces 243 PhDs in one year: VC

Punjab Governor Chaudhry Muhammad Sarwar has said that the West should learn from Pakistan how to fight terrorism as it has defeated terrorists with the valour and unprecedented sacrifices of Pakistan Army, law enforcement agencies and Pakistani nation. H

Published 29 Dec, 2019 12:00am

Pakistan

Recruitments in PPSC made on merit: Basharat

Punjab law minister Raja Basharat said on Friday that all the recruitments in public service commission were made on merit. It is the only institute where people were get jobs on merit. He expressed these views while opening the discussion on the annual r

Published 28 Dec, 2019 12:00am

Pakistan

Attack on PIC: Law minister asked to hold in-camera briefing

Punjab Assembly Speaker Chaudhry Pervez Elahi on Thursday directed the Punjab Law Minister Raja Basharat to hold in-camera briefing for the members of the assembly on the lawyers attack on Punjab Institute of Cardiology on December 11, 2019.

Published 27 Dec, 2019 12:00am

Pakistan

LCWU decides to allocate substantial funds for research: VC

Vice Chancellor Lahore College for Women University (LCWU) Professor Dr Bushra Mirza said that university have decided to allocate a substantial fund for research and are also looking towards the Higher Education Commission Pakistan (HEC) and other bodies

Published 26 Dec, 2019 12:00am

Pakistan

Punjab PA speaker dissatisfied with anti-dengue drive

Punjab Assembly Speaker Pervez Elahi on Monday showed his reservations on anti-dengue drive run by the PTI-led coalition government in the province.

Published 24 Dec, 2019 12:00am

Pakistan

Punjab PA condemns Indian atrocities in IOK

The Punjab Assembly on Thursday passed a unanimous resolution for condemning Indian atrocities in Occupied Jammu and Kashmir and unilateral step of abrogating its special status. It also condemned India's Citizenship (Amendment) Act, 2019, and termed it d

Published 20 Dec, 2019 12:00am

Pakistan

Punjab PA adopts three bills amid opposition's boycott

The Punjab Assembly on Wednesday passed Punjab Local Government (Amendment) Bill 2019, The Punjab Probation and Parole Service Bill 2019 and the Punjab Village Panchayats and Neighborhood Council (Amendment) Bill 2019 in the absence of opposition.

Published 19 Dec, 2019 12:00am

Pakistan

HEC hires 10 consultants on high salaries against rules

Defying the austerity measures of Prime Minister Imran Khan, the Higher Education Commission (HEC) of Pakistan has hired 10 consultants on higher salaries, reliable sources told Business Recorder on Tuesday.

Published 18 Dec, 2019 12:00am

Business & Finance

'Volume of power sector circular debt rises to Rs 1.7 trillion'

Pakistan Engineering Council Chairman Engineer Jawed Salim Qureshi claimed on Monday that the volume of power sector circular debt has risen to about Rs1.7 trillion which is a potential threat to the country's economy and power sector.

Published 17 Dec, 2019 12:00am

Pakistan

Diamer Bhasha Dam: Wapda may award contract in 6 to 8 weeks: chairman

The Water and Power Development Authority (WAPDA) is all set to commence construction work on Diamer Basha Dam following award of contract in six to eight weeks while the under-construction Mohmand Dam and Dasu Hydropower Project (Stage-I) will be complet

Published 06 Dec, 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	156.17
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 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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