News stories for Tanveer Ahmed

Tanveer Ahmed

38 projects in Sindh: Centre releases 56 percent funds till mid January

Federal Government has released almost 56 percent of funds for 38 projects executing in Sindh, which are included in Public Sector Development Program (PSDP) of current fiscal up to the mid of January 2020.

Published 09 Feb, 2020 12:00am

Pakistan

SC seeks suggestions on removal of encroachments, resettlement of katchi abadis

The Supreme Court Friday sought the recommendations about removal of encroachments, resettlement of Katchi Abadis and rehabilitation of their victims after showing anger over the inability of government functionaries to act against the illegal constructio

Published 08 Feb, 2020 12:00am

KCR revival: Officials reprimanded for failure to comply with SC order

The Supreme Court Thursday took to task officials of federal and Sindh governments for their failure to revive Karachi Circular Railway according to its earlier order and warned to issue "contempt of court" notices to federal and provincial governments fo

Published 07 Feb, 2020 12:00am

Gasification of villages: SHC asks federal government to pay SSGCL Rs 4.912 billion in seven days

Sindh High Court (SHC) Monday ordered Federal Government to pay Sui Southern Gas Company Limited (SSGCL) an amount of Rs4.912 billion within seven days for the gasification of remaining relevant villages of the province, envisaged in the judgment of Supre

Published 04 Feb, 2020 12:00am

Pakistan

Sindh government releases Rs 85 billion under ADP in H1, 2019-20

The Sindh government released Rs 85 billion of Annual Development Programme (ADP) during the first half of fiscal year 2019-20, out of which Rs 50 billion were utilized. The utilization of funds came to more than 58 percent during the period under review.

Published 31 Jan, 2020 12:00am

Pakistan

Rs 1.668 million SEEF investment in PIB: SHC orders senior officer to complete exercise

Sindh High Court (SHC) has ordered a senior government official to complete the exercise of investing Rs.1.668 million of Sindh Educational Endowment Fund (SEEF) in Pakistan Investment Bond (PIB) in one month.

Published 25 Jan, 2020 12:00am

Business & Finance

Government releases full amount for Greenline Bus project

Apparently in order to fulfill its commitment to inaugurate the Greenline Bus Project in early next month, Federal Government released the full allocated amount for the project for the current financial year recently.

Published 23 Jan, 2020 12:00am

Consultation with Centre ordered: Services of Sindh IGP shall not be surrendered: SHC

Sindh High Court (SHC) Monday ordered the provincial government that services of Inspector General of Police (IGP) Sindh shall not be surrendered without consulting the federal government till the next hearing of the case.

Published 21 Jan, 2020 12:00am

Cane Commissioner ordered to determine sucrose recovery rate as per law

Sindh High Court (SHC) has ordered Cane Commissioner to determine the sucrose recovery rate for the respective crushing seasons from 1998-99 till 2018-19 in accordance with the laws in twenty days.

Published 08 Jan, 2020 12:00am

Rs 2 billion released for BRTS under PSDP

Federal Government released Rs 2 billion in the first six months of current financial year for Greenline Bus Rapid Transit System (BRTS), Karachi.

Published 07 Jan, 2020 12:00am

Pakistan

JICA to provide Rs 435.729 million for well-being of FHBWs

Japan International Cooperation Agency (JICA) will provide Rs.435.729 million funding in the form of technical contribution for "Improvement of Livelihood & Well Being of Female Home Based Workers (FHBWs) in Informal Sector in Sindh".

Published 05 Jan, 2020 12:00am

Business & Finance

27 projects identified for joint cooperation under CPEC

As many as 27 projects have been identified for joint cooperation in socio-economic component of China-Pakistan Economic Corridor (CPEC).

Published 02 Jan, 2020 12:00am

PIA board restrained from carrying out functions

Sindh High Court (SHC) has restrained the Board of Pakistan International Airlines (PIA) from carrying out any functions while hearing a petition, seeking to declare the appointment of Air Marshall Arshad Mehmood Malik as Chief Executive Officer (CEP) of

Published 01 Jan, 2020 12:00am

Utilisation of funds: Sindh government develops ADP dashboard

The Sindh Government has developed Annual Development Plan (ADP) dashboard for better utilization of funds and speedy execution of development projects in the province.

Published 26 Dec, 2019 12:00am

Business & Finance

Sindh government places five uplift projects in high priority sectors

The Sindh government has put five development projects in high priority sectors, which would be undertaken with the financial assistance of international development partners.

Published 25 Dec, 2019 12:00am

Business & Finance

Two key road projects of Karachi still await release of funds

Two key road infrastructure projects in Karachi are still awaiting the release of funds from the federal government despite the passage of more than five months in current financial year.

Published 24 Dec, 2019 12:00am

Over Rs 15 billion Winder Dam to irrigate 10,000 acres of agriculture land

Winder Dam project will irrigate 10,000 acres of agriculture land in Balochistan, which will be constructed at the cost of Rs 15.230 billion.

Published 20 Dec, 2019 12:00am

Pakistan

Government to initiate Rs 7.9 billion 'BLEP' through foreign funding

The government will initiate Rs7.9 billion worth of Balochistan Livelihood and Entrepreneurship Project (BLEP) wholly through international funding to promote employment opportunities and sustainability of enterprises in eight districts of the province, w

Published 17 Dec, 2019 12:00am

Cost of Dhabeji SEZ power project falls by Rs 106 million

The total cost of "Provision of Electricity for Dhabeji Special Economic Zone (SEZ)" project fell by about Rs 106 million in the approved PC-1 compared to original one, ostensibly on the back of slight depreciation in dollar value against local currency.

Published 15 Dec, 2019 12:00am

Pakistan

Assets beyond means case: Sindh PA speaker granted bail

Sindh High Court (SHC) Friday granted bail to Agha Siraj Durrani, Speaker Sindh Assembly and ordered him to furnish Rs 1 million surety bonds for the bail in "assets beyond means" case.

Published 14 Dec, 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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular