News stories for Tanveer Ahmed

Tanveer Ahmed

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

SRB restrained from collecting GST from Chinese firm

Sindh High Court (SHC) Friday restrained Sindh Revenue Board (SRB) from collecting sales tax on services from M/s China Ocean Engineering Construction General Bureau (COECG), which is engaged in the contract of Karachi K-2 and K-3 Nuclear Power Plant Inta

Published 25 May, 2019 12:00am

Budgetary constraint in next five years: PC calls for reviewing MTPs as no subsidies to be available

Planning Commission has recommended that the federal and provincial governments of Sindh, Punjab and Khyber Pakhtunkhwa should undertake the critical review of mass-transit projects (MTPs) as the projected subsidies would not be available due to budgetary

Published 24 May, 2019 12:00am

SHC seeks details of recently adopted Musharraf-era police law

Sindh High Court (SHC) on Tuesday sought details of the bill recently adopted by Sindh Assembly to restore Police Order 2002 and debate over it in the provincial assembly. A division bench of the SHC comprising Justice Hassan Azhar Rizvi and Justice Aziz

Published 22 May, 2019 12:00am

SHC seeks details of recently adopted Musharraf-era police law

Published 22 May, 2019 12:00am

SGA moves SHC: Quality premium to sugarcane growers as per SC judgment sought

Sindh Growers Alliance (SGA) has moved Sindh High Court (SHC) against sugar mills in the province for non-compliance of judgment of the Supreme Court to pay quality premium to sugarcane growers. SGA with co-petitioner Syed Mureed Ali Shah Advocate filed t

Published 19 May, 2019 12:00am

World Bank to extend Rs 32.2 billion for 'CLICK' project

The World Bank will extend Rs 32.2 billion for "Competitive & Livable City of Karachi (CLICK)" project to transform the metropolis into a livable, inclusive and competitive mega city. According to the official documents of the project, the total cost of t

Published 18 May, 2019 12:00am

KCR land's retrieval: SC orders rehabilitation of people to be displaced

The Supreme Court has ordered the relevant authorities to rehabilitate the people to be displaced from the operation for revival of Karachi Circular Railway (KCR) and expressed the hopes that it would be done in one year. The SC in a detailed judgment on

Published 17 May, 2019 12:00am

Construction of Eastbay Expressway in Gwadar: Breakwater, allied facilities to be developed for displaced fishermen

Federal and Balochistan Governments will share the cost of over rupees one billion "Construction of Groyne Wall, Breakwater and allied works at Eastbay (Demizer), Gwadar" project equally to facilitate the local fishermen, to be displaced due to constructi

Published 16 May, 2019 12:00am

Construction of Eastbay Expressway in Gwadar: Breakwater, allied facilities to be developed for displaced fishermen

Published 16 May, 2019 12:00am

Construction of Eastbay Expressway in Gwadar: Breakwater, allied facilities to be developed for displaced fishermen

Published 16 May, 2019 12:00am

Postings, transfers: SHC directs Sindh government to legislate police rules by May 21

Sindh High Court (SHC) on Tuesday showed concern that its orders on police rules for postings and transfers have not been implemented even after passage of three months and directed Sindh government to legislate on it by May 21. A division bench of SHC co

Published 15 May, 2019 12:00am

Rupee depreciation pushes up cost of 500kV Moro power project

The depreciation of the rupee against the dollar has pushed up the cost of 500 kV Moro Substation, Naushehro Feroze Sindh by almost Rs 1 billion. The original PC-1 of the project put the total cost of the project at Rs.5.404 billion with the foreign excha

Published 12 May, 2019 12:00am

Rupee depreciation pushes up cost of 500kV Moro power project

Published 12 May, 2019 12:00am

Rupee depreciation pushes up cost of 500kV Moro power project

Published 12 May, 2019 12:00am

Military land for commercial purposes: SC rejects compliance report of defence ministry

Supreme Court (SC) on Thursday rejected the compliance report of Defence Ministry regarding the court orders, which put a ban on use of military land for commercial purposes in metropolis. At Karachi Registry, a two-member bench of the SC comprising Justi

Published 10 May, 2019 12:00am

Military land for commercial purposes: SC rejects compliance report of defence ministry

Published 10 May, 2019 12:00am

SHC seeks price fixation formula of POL products

Sindh High Court (SHC) on Tuesday sought the price fixation formula of petroleum products in the country and issued notices to the federal government on the latest price increase in the products. A division bench of the SHC headed by Justice Muhammad Ali

Published 08 May, 2019 12:00am

SHC seeks price fixation formula of POL products

Published 08 May, 2019 12:00am

Centre releases over Rs 10 billion for Karachi Package, GLBT project

Federal government has released Rs 6.154 billion and Rs 3.871 billion so far for Green Line Bus Rapid Transit project and Karachi Package, respectively, during the current financial year. In Public Sector Development Program (PSDP) for 2018-19, federal go

Published 05 May, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17

Item	Value
Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,669.46
Cotton US¢/pound / Nov 21	70.43
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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