Trends - Karachi - Business Recorder

Karachi

Three dead as heavy downpour cripples life in Karachi; Sindh govt declares rain emergency

Several vehicles were submerged in rainwater while 300 feeders of K-Electric tripped disrupting power supply to almost half of the city

Updated 25 Aug, 2020 07:25pm

Sindh govt transfers Iftikhar Ali Shallwani, appoints Muhammad Sohail Rajput as Karachi commissioner

Rajput, a Grade 21 officer, was previously serving as the secretary of the Sindh’s energy department.

Updated 25 Aug, 2020 02:30pm

Pakistan

Multiple vehicles damaged in Gulistan-e-Johar landslide

Karachi has been receiving heavy monsoon showers since morning.

Updated 25 Aug, 2020 02:27pm

Business & Finance

Sindh decides to abolish Capital Value Tax

The Sindh government has decided to abolish capital value tax by making a big decision to promote the construction sector and 40 related industries.

Published 24 Aug, 2020 03:19pm

Seven killed as monsoon rain hits Karachi, interior Sindh hampering routine activity

Power supply to many areas disrupted with first drops of rain while severe traffic gridlocks created difficulties for the commuters

Updated 21 Aug, 2020 06:18pm

Pakistan

Karachi to receive rain today, tomorrow

This will be the fifth rain spell in Sindh.

Published 20 Aug, 2020 02:51pm

Six electrocuted to death as rain, power outages bring more misery for Karachiites

Met office warned of urban flooding and predicted that this year 10 percent more rains are expected in Sindh as compared to previous year

Updated 07 Aug, 2020 08:39pm

Pakistan

Cleaning of Karachi's storm-water drains to be completed today: NDMA

NDMA said 40 out of 42 chocking points have been cleared

Updated 07 Aug, 2020 12:04pm

Fourth spell of monsoon rains hit Karachi, disrupts power supply

Met office says a monsoon low pressure from Bay of Bengal is likely to approach Sindh and under the influence of this weather system strong monsoon currents are expected to penetrate in province

Published 06 Aug, 2020 04:24pm

39 injured as attackers lob hand grenade at JI's Kashmir rally in Karachi

Police officials say they are collecting evidence from the blast site and conducting investigations into the incident

Updated 05 Aug, 2020 09:08pm

Pakistan

WB, Sindh govt to launch SWEEP project for Karachi

Illango informed that the project is currently being appraised and no funds have been approved or disbursed.

Published 28 Jul, 2020 12:43pm

Pakistan

Third spell of heavy rain, thunder expected in Karachi on July 26

At least eight people have died due to the heavy rain in Karachi since July.

Updated 23 Jul, 2020 02:20pm

Monsoon rain hits Karachi, disrupts power supply

Traffic snarled up on major arteries of the city as water began to stand on the streets

Published 17 Jul, 2020 05:35pm

Karachi receives brief spell of monsoon rain

Met department says the spell would last a day or two and would be preceded by dusty winds

Published 16 Jul, 2020 09:34pm

Pakistan

Power outage continues in Karachi

According to experts, the poor transmission system of KE and the reduction in production is the main reason for the power outage.

Published 10 Jul, 2020 11:08am

We will provide additional 100MW electricity to K-Electric to overcome loadshedding: Ayub

Minister says K-Electric failed to upgrade its system over the years and it has constraints to take additional electricity from the national grid

Published 09 Jul, 2020 09:26pm

Business & Finance

Omar Ayub blames KE for not improving system, as govt to provide additional power

The minister told the House, that they are providing an additional 100 megawatts of electricity to the KE, which is more than the contract agreement signed with it.
The government will provide more gas to the KE, which will result in generating 200MW of electricity.

Updated 09 Jul, 2020 03:40pm

Pakistan

No student to be allowed to drop out due to financial difficulties: Habib University

The university has undertaken technology upgrades, revised logistical planning, instituted robust health and safety protocols, and measures to ensure financial stability in adjusting to Covid-19 induced reality.

Published 07 Jul, 2020 05:50pm

Five killed as first spell of monsoon rains hit Karachi

Power supply to many areas disrupted after the rains lashed the city

Updated 06 Jul, 2020 09:27pm

Pakistan

Load shedding, high voltage leading to financial worries

Residents of the area say that the duration of load shedding in the area is three hours. They said that their complaint is not being registered at the complaint center.

Published 06 Jul, 2020 01:43pm

Business & Finance

KE to present $2bn investment plan for Karachi power infrastructure

In a statement, KE spokesperson said that these investments would be utilized to improve generation, transmission & distribution system of the power utility.

Published 04 Jul, 2020 03:37pm

Pakistan

Despite KE assurance, load shedding keeps Karachi in dark

The duration of load shedding in the city has increased from 7 to 10 hours due to which the citizens are facing difficulties in the ongoing hot weather.
The power outage in Karachi is rampant, while KE is reluctant to name the areas affected by the power outage and is anxious to discuss future plans.

Published 04 Jul, 2020 11:22am

At least 20 die as Shah Hussain Express train crashes into coaster

Most of the passengers in the coaster were Sikh Yatrees returning from Nankana Sahib.

Updated 03 Jul, 2020 04:46pm

Markets

These heroes from the police neutralized terrorists at PSX to save the day

They engaged and neutralized the terrorists' bid to enter building.

Updated 29 Jun, 2020 03:31pm

Markets

PM condemns attack, says proud of security forces who foiled terror attack on PSX

He also prayed for the early recovery of the injured.

Updated 29 Jun, 2020 01:58pm

Markets

PSX attack: List of injured, martyred policemen

They engaged the terrorists when they attempted to enter the building.

Updated 29 Jun, 2020 05:30pm

Markets

India-linked BLA claims responsibility for PSX terror attack

Attack on the Chinese consulate in 2018 was also claimed by BLA.

Updated 29 Jun, 2020 05:24pm

Markets

PSX to issue detailed statement on terrorist attack once situation is under control

It tweeted that situation is still unfolding.

Published 29 Jun, 2020 11:44am

Markets

Sindh Rangers say all terrorists have been killed in PSX attack

Rangers have started a clearance operation.

Published 29 Jun, 2020 11:16am

PIA plane crash occurred due to negligence of pilots and ATC, NA told

Ghulam Sarwar Khan pilots were discussing coronavirus situation throughout the flight.

Published 24 Jun, 2020 01:24pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	155.98
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / May 1	5018.39
India Sensex / May 1	74482.78
Tokyo Nikkei / May 1	38093.34
Nasdaq / May 1	15605.48
Hang Seng / May 1	17763.03
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	79.18
Gold Spot USD/Ounce / May 1	2324.96
Cotton US¢/pound / May 1	76.51
Petrol/Litre / May 2	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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