Trends - India - Business Recorder

India

Indian opposition dealt major blow as parliament bars Congress leader Gandhi

NEW DELHI: India’s opposition Congress party suffered a major blow on Friday when parliament disqualified its...

Published 24 Mar, 2023 06:35pm

World

India’s Congress party to launch street protests against Gandhi’s conviction

NEW DELHI: Members of India’s main opposition Congress party will take to the streets on Friday to protest against...

Published 24 Mar, 2023 02:11pm

Business & Finance

India says ‘time has come’ for Airbus, Boeing to set up jet assembly plants

NEW DELHI: Plane giants Airbus and Boeing face mounting pressure to set up jetliner plants in India, after the...

Published 24 Mar, 2023 10:35am

Business & Finance

India likely to propose removing long-term tax benefits for debt mutual funds

NEW DELHI: India may propose that investments in debt mutual funds be taxed as short-term capital gains, according...

Published 24 Mar, 2023 10:24am

World

Billionaire Ambani adopts familiar playbook in India cola battle vs Coke, Pepsi

CHENNAI/NEW DELHI: Indian industrial giant Reliance is reviving a historic local cola brand with plans to use its...

Published 24 Mar, 2023 10:02am

World

India’s Rahul Gandhi found guilty of defamation over Modi remark

AHMEDABAD: An Indian court Thursday found opposition leader Rahul Gandhi guilty of defamation for a 2019 campaign...

Published 23 Mar, 2023 02:28pm

World

Waning funds threaten Gandhi's South African legacy

Physical legacy of Gandhi's historic stay in South Africa is decaying for want of funds, his granddaughter says

Updated 22 Mar, 2023 06:37pm

World

Adani Airports to bid for more airports in India

NEW DELHI: India’s Adani Airports, part of billionaire Gautam Adani’s conglomerate, will bid for more airports in...

Published 22 Mar, 2023 12:48pm

India arrests Kashmiri journalist

OCCUPIED SRINAGAR: Anti-terrorism officers have arrested a journalist and rights group worker from Illegally...

Published 22 Mar, 2023 07:18am

India rejects UAE request for more air traffic rights

NEW DELHI: India is not looking at increasing air traffic rights for the United Arab Emirates, Civil Aviation...

Published 22 Mar, 2023 07:14am

Pakistan

India denies Pakistan opportunity to attend SCO seminar

ISLAMABAD: In an unprecedented move in the SCO context, India has denied Pakistan’s participation in bloc’s...

Published 22 Mar, 2023 06:24am

Strong quake jolts parts of Afghanistan, Pakistan, India

KABUL: A strong earthquake lasting for at least 30 seconds was felt across much of Afghanistan, Pakistan and parts ...

Updated 22 Mar, 2023 09:00am

Business & Finance

Emirates head says air traffic curbs hurt Indian airlines

NEW DELHI: The head of Emirates said Indian airlines would lose financially as a result of traffic quotas between...

Updated 21 Mar, 2023 02:42pm

World

Manhunt in India’s Punjab: protests in US, UK

AMRITSAR: Indian authorities extended a mobile internet blackout across a state of about 30 million people on Monday...

Published 21 Mar, 2023 07:17am

Business & Finance

IIOJK gets first foreign investment from Emaar

OCCUPIED SRINAGAR: Indian held Kashmir is to get its first foreign investment, with Dubai’s Emaar Group due to...

Published 21 Mar, 2023 07:11am

Opinion

We’ve no Narasimha Rao or Manmohan Singh

It was in 1991 that India was hit by a major economic crisis resulting from a huge balance of payments deficit. The...

Updated 21 Mar, 2023 07:08am

World

Japanese PM in India with an eye on trade, China

NEW DELHI: Japanese Prime Minister Fumio Kishida arrived in India on Monday for talks expected to focus on deepening...

Published 20 Mar, 2023 11:57am

World

India eases leasing rules to address aircraft shortages

NEW DELHI: India has taken steps to allow airlines to lease more aircraft to fill a gap in capacity as travel...

Published 20 Mar, 2023 10:41am

Markets

India plans to extend fuel export curbs beyond March

NEW DELHI: India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year...

Published 20 Mar, 2023 10:21am

India arrests 112 in manhunt for Sikh separatist

NEW DELHI: A manhunt for a radical Sikh preacher in India entered its second day on Sunday, as authorities shut...

Updated 20 Mar, 2023 08:57am

Markets

Indian startups have deposits of about $1 billion in SVB, minister says

MUMBAI: Indian startups had deposits worth about $1 billion with embattled Silicon Valley Bank and the country’s...

Published 17 Mar, 2023 12:39pm

Markets

Asia rice: weak currency hits rates in India, Thailand

MUMBAI/HANOI/ BANGKOK: Vietnam’s rice export prices extended gains this week as it shipped more of the staple ...

Published 17 Mar, 2023 06:15am

World

India approves purchase of military equipment worth $8.5bn

NEW DELHI: India on Thursday approved purchases of missiles, helicopters, artillery guns and electronic warfare...

Published 16 Mar, 2023 07:40pm

Technology

Xiaomi’s slow shift in India to premium smartphones helps Samsung steal its crown

NEW DELHI/LUCKNOW: Xiaomi Corp is overhauling its India strategy after misjudging consumer tastes in mobile phones,...

Published 16 Mar, 2023 11:15am

Editorials

India can’t do that! It’s not cricket!

EDITORIAL: Australian cricket team touring India had a taste of religious bigotry blighting India under its ...

Published 16 Mar, 2023 06:01am

Sports

India to monitor workload of players in IPL ahead of WTC final

BENGALURU: India will monitor the workload of their players in the build-up to the World Test Championship (WTC)...

Published 14 Mar, 2023 11:09am

World

India ‘elated and proud’ of Oscar wins, PM Modi says

NEW DELHI: India was “elated and proud” after scoring two Oscar wins on a historic night for Asian films, Prime...

Published 13 Mar, 2023 01:48pm

Life & Style

Indians erupt in celebration after two films win at Oscars

MUMBAI: Indians erupted in celebration on Monday after 'Naatu Naatu,' the breakout hit from the action movie 'RRR,'...

Published 13 Mar, 2023 10:59am

World

India's Adani prepays $2.15 billion share-backed loans

Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as...

Published 12 Mar, 2023 10:21pm

Sports

Kohli ‘sick’ during his epic knock, says wife Anushka

AHMEDABAD: Virat Kohli’s Bollywood actor wife Anushka Sharma on Sunday claimed her husband was unwell during his...

Published 12 Mar, 2023 09:09pm

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 25 The Pakistan General Insurance Co. Ltd.(PKGI)	4.25 ▲ 0.39 (10.10%)
KASB Modaraba / Mar 25 KASB Modaraba(KASBM)	1.25 ▲ 0.11 (9.65%)
Khyber Tex. / Mar 25 Khyber Textile Mills Limited(KHYT)	297.60 ▲ 20.76 (7.50%)
Shield Corp. / Mar 25 Shield Corporation Limited(SCL)	244.99 ▲ 17.09 (7.50%)
Sapphire Fibres / Mar 25 Sapphire Fibres Limited(SFL)	1026.39 ▲ 71.60 (7.50%)
Tandlianwala Sugar / Mar 25 Tandlianwala Sugar Mills Limited(TSML)	83.72 ▲ 5.84 (7.50%)
Khairpur / Mar 25 Khairpur Sugar Mills Limited(KPUS)	57.38 ▲ 4.00 (7.49%)
Pakistan Services / Mar 25 Pakistan Services Limited(PSEL)	1277 ▲ 89.00 (7.49%)
Shahtaj Textile / Mar 25 Shahtaj Textile Limited(STJT)	84.22 ▲ 5.87 (7.49%)
Shakarganj / Mar 25 Shakarganj Limited(SML)	33.50 ▲ 2.33 (7.48%)

Stock	Price
Dewan Sugar / Mar 25 Dewan Sugar Mills Limited(DWSM)	2.22 ▼ -0.29 (-11.55%)
Pak Agro Pack. (GEM) / Mar 25 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.88 ▼ -1.00 (-11.26%)
HBL Invest Fund / Mar 25 HBL Investment Fund(HIFA)	1.55 ▼ -0.15 (-8.82%)
Kohat Textile / Mar 25 Kohat Textile Mills Limited(KOHTM)	10.55 ▼ -1.00 (-8.66%)
Colony Tex.Mills Ltd / Mar 25 Colony Textile Mills Limited(CTM)	2.41 ▼ -0.21 (-8.02%)
D.S. Ind. Ltd. / Mar 25 D.S. Industries Limited(DSIL)	2.22 ▼ -0.18 (-7.50%)
Gadoon Textile / Mar 25 Gadoon Textile Mills Limited(GADT)	193.33 ▼ -15.67 (-7.50%)
Philip Morris Pak. / Mar 25 Philip Morris (Pakistan) Limited(PMPK)	471.75 ▼ -38.25 (-7.50%)
Quetta Textile / Mar 25 Quetta Textile Mills Limited(QUET)	15.67 ▼ -1.27 (-7.50%)
Masood Textile / Mar 25 Masood Textile Mills Limited(MSOT)	41.42 ▼ -3.33 (-7.44%)

Stock	Volume
Fauji Cement / Mar 25 Fauji Cement Company Limited(FCCL)	17,487,500 ▼ -0.23
WorldCall Telecom / Mar 25 Worldcall Telecom Limited(WTL)	11,071,860 ▼ -0.02
Thatta Cement / Mar 25 Thatta Cement Company Limited(THCCL)	9,211,500 ▼ -0.16
Fauji Foods Ltd / Mar 25 Fauji Foods Limited(FFL)	7,792,084 ▼ -0.14
Ghani Glo Hol / Mar 25 Ghani Global Holdings Limited(GGL)	5,968,150 ▼ -0.59
Telecard Limited / Mar 25 Telecard Limited(TELE)	5,558,000 ▼ -0.52
Hascol Petrol / Mar 25 Hascol Petroleum Limited(HASCOL)	4,387,500 ▼ -0.11
Meezan Bank / Mar 25 Meezan Bank Limited(MEBL)	3,700,308 ▼ -0.27
Cnergyico PK / Mar 25 Cnergyico PK Limited(CNERGY)	3,587,106 ▼ -0.06
Maple Leaf Cement / Mar 25 Maple Leaf Cement Factory Limited(MLCF)	3,522,701 ▼ -0.31

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

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