News stories for Tanveer Ahmed

Tanveer Ahmed

Karachi mayor's powers & KE dues: SC orders Sindh government to resolve issues

Supreme Court (SC) on Wednesday ordered Sindh Government to sit with Mayor Karachi to resolve issues related to his powers as well as outstanding electricity dues of civic body, which runs into Rs580 million.

Published 25 Jul, 2019 12:00am

PTI, MQM reaffirm cooperation with each other in Centre

Pakistan Tehreek-e-Insaf (PTI) and Muttahida Qaumi Movement (MQM) on Tuesday reaffirmed to continue cooperation with each other in coalition government in Centre.

Published 24 Jul, 2019 12:00am

Miftah granted protective bail for seven days

Sindh High Court (SHC) Friday approved protective bail of Miftah Ismail, former finance advisor for seven days against the surety of Rs 0.5 million in LNG import contract case. A division bench of SHC headed by Justice Iqbal Kalhoro also granted protectiv

Published 20 Jul, 2019 12:00am

Miftah granted protective bail for seven days

Published 20 Jul, 2019 12:00am

Markets

Sindh's debt shoots up by Rs 70 billion owing to devaluation of PKR

The depreciation of Pakistan rupee against dollar increased the debt of Sindh province by approximately Rs 70 billion from Rs 296 billion to Rs 366 billion. International Development Association (IDA)/World Bank remains lender of 59 percent to Sindh, Asia

Published 13 Jul, 2019 12:00am

Sub-meters for staff ordered: SC restores power supply to KMC

The Supreme Court Wednesday ordered restoration of the electricity of Karachi Municipal Corporation (KMC) head office and directed to install sub-meters for employees of KMC, residing parks, administrated by the civic body.

Published 11 Jul, 2019 12:00am

15,000 skilled workforce: UNDP to provide Rs 300m for Sindh's YEEP

The United Nations Development Programme (UNDP) will provide Rs 300 million for Youth Education Employment Project (YEEP) in Sindh to produce 15000 skilled workforce in the province. According to official documents, UNDP will provide Rs 300 million, inclu

Published 07 Jul, 2019 12:00am

Uplift schemes: Centre releases Rs 3.871 billion under Karachi Package

The federal government released Rs 3.871 billion for the development projects under Karachi Package during the financial year ended on June 30, 2019 against the allocated amount of Rs 5 billion, showing a shortfall of Rs 1.12 billion.

Published 04 Jul, 2019 12:00am

ADB to provide $75 million for improving secondary education in Sindh

Asian Development Bank (ADB) will provide $ 75 million for Sindh Secondary Education Improvement Project (SSEIP), which will be implemented in six years from July 2019 to June 2025. According to official documents, the project will be implemented in the e

Published 30 Jun, 2019 12:00am

ADB to provide $75 million for improving secondary education in Sindh

Published 30 Jun, 2019 12:00am

ADB to provide $75 million for improving secondary education in Sindh

Published 30 Jun, 2019 12:00am

ADB to provide $75 million for improving secondary education in Sindh

Published 30 Jun, 2019 12:00am

Federal government plans to train 10,000 IT professionals

Federal government has planned to train at least 10,000 Information Technology (IT) professionals in 12 to 15 emerging technologies to resolve the shortage of skilled human resources in these technologies. In IT sector, more than dozen new technologies ha

Published 28 Jun, 2019 12:00am

Property tax system of Karachi to be improved, modernised under CLICK

The property tax system of Karachi will be improved and modernized under Competitive & Livable City of Karachi Project (CLICK) at the cost of $40 million. CLICK is comprised of four components, which include improving Urban Immovable Property Tax (UITP) s

Published 04 Jun, 2019 12:00am

Utilisation of E&P funds: SHC orders NAB to initiate inquiry

Sindh High Court (SHC) on Saturday ordered National Accountability Bureau (NAB) to carryout inquiry into alleged wrongdoing in the utilisation of funds allocated by energy & petroleum (E&P) companies for uplift of local communities in various districts of

Published 02 Jun, 2019 12:00am

Utilisation of E&P funds: SHC orders NAB to initiate inquiry

Published 02 Jun, 2019 12:00am

Import Policy Order challenged: SHC issue notices to govt on restrictions of used vehicles' import

Sindh High Court (SHC) on Friday issued notices to federal government through Commerce and Industries ministries and others in a petition, which challenged restrictions on import of used vehicles under Import Policy Order 2016. A division bench of SHC hea

Published 01 Jun, 2019 12:00am

HED project: over 5,000 varieties of hand-made products to be developed

More than 5,000 different handmade products would be developed in three years' time through "Handicraft Export Development" project for exportable purposes. These products would be export-oriented, competitive handicrafts products through capacity buildin

Published 29 May, 2019 12:00am

KWSSIP investment plan to be implemented in four phases

Karachi Water & Sewerage Services Improvement Project (KWSSIP) investment plan will be implemented in four phases in 12 years involving $ 1.6 billion local and foreign funding. According to official documents available with Business Recorder, the KWSSIP i

Published 26 May, 2019 12:00am

KWSSIP investment plan to be implemented in four phases

Published 26 May, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 20	278.70
USD PKR Interbank Buying / Jan 20	278.50
USD to Japanese Yen / Jan 20	154.99
USD to Swiss Franc / Jan 20	0.91
Pound Sterling to USD / Jan 20	1.23
Euro to USD / Jan 20	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 20	77,073.44
Tokyo Nikkei / Jan 20	38,951.77
Hang Seng / Jan 20	20,075.11
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31

Item	Value
Crude Oil USD/Barrel / Jan 20	76.74
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Gold Spot USD/Ounce / Jan 20	2,724.84
Cotton US¢/pound / Jan 20	67.80
Petrol/Litre / Jan 21	256.13

Gainers
Losers
Leaders

Stock	Price
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	3.61 ▲ 0.91 (33.70%)
Burj Clean Energy Modaraba / Jan 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.60 ▲ 1.00 (13.16%)
Apna Microfin. / Jan 20 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
I.C.C. Ind. / Jan 20 ICC Industries Limited(ICCI)	11.61 ▲ 1.06 (10.05%)
Loads Limited / Jan 20 Loads Limited(LOADS)	17 ▲ 1.55 (10.03%)
AKD Securities / Jan 20 AKD Securities Limited(AKDSL)	24.93 ▲ 2.27 (10.02%)
Ghani Chem. Ind. / Jan 20 Ghani Chemical Industries Limited(GCIL)	18.24 ▲ 1.66 (10.01%)
Attock Cement / Jan 20 Attock Cement Pakistan Limited(ACPL)	254.47 ▲ 23.13 (10.00%)
Baba Farid Sugar / Jan 20 Baba Farid Sugar Mills Limited(BAFS)	53.44 ▲ 4.86 (10.00%)

Stock	Price
Hussain Industries / Jan 20 Husein Industries Limited(HUSI)	31.09 ▼ -3.45 (-9.99%)
Faisal Sp. / Jan 20 Faisal Spinning Mills Limited(FASM)	334.01 ▼ -35.89 (-9.70%)
Parmount Sp. / Jan 20 Paramount Spinning Mills Limited(PASM)	4.61 ▼ -0.44 (-8.71%)
Sindh Abadgar / Jan 20 Sindh Abadgar's Sugar Mills Limited(SASML)	38.04 ▼ -3.46 (-8.34%)
MithchellsFruit / Jan 20 Mitchells Fruit Farms Limited(MFFL)	279 ▼ -24.10 (-7.95%)
LSE Financial Serv. / Jan 20 LSE Financial Services Limited(LSEFSL)	19.26 ▼ -1.62 (-7.76%)
AN Textile Mill / Jan 20 AN Textile Mills Limited(ANTM)	11.80 ▼ -0.99 (-7.74%)
Service Textile / Jan 20 Service Industries Textiles Limited(SERT)	13.82 ▼ -1.16 (-7.74%)
Masood Textile / Jan 20 Masood Textile Mills Limited(MSOT)	52.02 ▼ -4.22 (-7.50%)

Stock	Volume
WorldCall Telecom / Jan 20 Worldcall Telecom Limited(WTL)	101,934,297 ▼ -0.01
Lotte Chemical / Jan 20 Lotte Chemical Pakistan Limited(LOTCHEM)	59,408,954 ▲ 1.94
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	57,604,421 ▲ 0.91
Hub Power Co. / Jan 20 The Hub Power Company Limited(HUBC)	36,888,747 ▲ 0.70
Hascol Petrol / Jan 20 Hascol Petroleum Limited(HASCOL)	32,496,536 ▲ 0.17
Dewan Motors / Jan 20 Dewan Farooque Motors Limited(DFML)	28,438,701 ▲ 1.02
Citi Pharma Ltd / Jan 20 Citi Pharma Ltd.(CPHL)	24,244,731 ▲ 7.71
Maple Leaf Cement / Jan 20 Maple Leaf Cement Factory Limited(MLCF)	19,741,577 ▲ 2.08
The Searle Co. / Jan 20 The Searle Company Limited(SEARL)	17,062,686 ▲ 4.29

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