News stories for Tanveer Ahmed

Tanveer Ahmed

Sindh government asked to pay arrears of allowances to MPAs in two months

Sindh High Court (SHC) on Wednesday directed provincial government to pay the arrears of allowances to the members of Sindh Assembly within two months.

Published 19 Sep, 2019 12:00am

Yellow Bus Rapid Transit: Sindh government to bear Rs 1.3 billion subsidy annually

The Sindh government will pay Rs 1.3 billion subsidy annually for the operation of Yellow Bus Rapid Transit, which is the part of Karachi Urban Mobility Project, official documents indicated. The operational subsidy for the project was estimated at Rs 1.7

Published 15 Sep, 2019 12:00am

Sindh government to table CNG kits, cylinders bill in PA soon: SHC told

The Sindh Government has drafted Sindh CNG Kit & Cylinder Fitness Authority Act, 2019 and will present it in the provincial assembly soon. Additional Advocate General Sindh told a division bench of SHC headed by Justice Muhammad Ali Mazhar, which heard th

Published 08 Sep, 2019 12:00am

Deletion of BRT Redline project's overhead charges: Sindh government not in accord with ministry

The Sindh government didn't agree with the Ministry of Planning, Development & Reforms (MoDP&R) to delete overhead charges for construction of Karachi BRT Redline project, which would reduce the cost of the project by Rs 16 billion. The MoDP&R had propose

Published 01 Sep, 2019 12:00am

Deletion of BRT Redline project's overhead charges: Sindh government not in accord with ministry

Published 01 Sep, 2019 12:00am

Treatment of HIV, AIDS: SHC orders Sindh government to establish commission

Sindh High Court (SHC) on Tuesday ordered the provincial government to establish Commission for prevention, control, care, support and treatment of HIV and AIDS and directed it to produce the notification in the court on September 17, 2019.

Published 28 Aug, 2019 12:00am

Lawyers' convention expresses concern over references against judges

All Pakistan Lawyers Convention on Saturday expressed its concern over the references filed against Justice Faez Isa and Justice K K Agha and in Supreme Judicial Council (SJC). A resolution unanimously adopted by All Pakistan Lawyers Convention, which was

Published 25 Aug, 2019 12:00am

Lawyers' convention expresses concern over references against judges

Published 25 Aug, 2019 12:00am

Funds under Karachi package not yet released

The federal government didn't release a single penny for the development projects of road infrastructure and mass-transit of city under Karachi Package so far during the current financial year, official data shows. According to details of releases of Publ

Published 18 Aug, 2019 12:00am

Phase-I of KWSSIP: KW&SB to cover O&M cost if reforms implemented: WB

Karachi Water & Sewerage Board (KW&SB) will be able to cover its current operating & maintaining (O&M) cost in three years if reforms supported by Phase-I of Karachi Water & Sewerage Services Improvement Project (KWSSIP) were implemented, the World Bank f

Published 15 Aug, 2019 12:00am

Markets

Cost of 220KV Nawab Shah substation up by Rs 860 million

The cost of 220KV Nawab Shah Substation has increased by Rs 860 million from Rs 4.909 billion to Rs 5.769 billion, mainly due to dollar appreciation against Pakistani rupee. Government would finance the projects through local and foreign sources. In the o

Published 14 Aug, 2019 12:00am

Nano-Materials project at KU: Government to generate Rs 507 million foreign financing

Government would generate Rs 507 million foreign financing for the project namely "Establishment of Facilities for Industrial Productions of Nano-Materials" in Latif Ebrahim Jamal Nanotechnology Center, HEJ Research Institute of Chemistry, University of K

Published 11 Aug, 2019 12:00am

SC summons federal secretaries Finance, P&D, AGP over KCR's revival

Supreme Court (SC) on Friday summoned Federal Secretaries Finance and Planning & Development and ordered Attorney General of Pakistan (AGP) to appear in person after the court was informed about the issues between federal and Sindh governments over reviva

Published 10 Aug, 2019 12:00am

Revenue department has no power to grant 99-year lease: SC

Supreme Court (SC) has ruled that Revenue Department has no power whatsoever to grant lease of 99 years under any law. A three-member bench of SC headed by Justice Gulzar Ahmed and comprising Justice Faisal Arab and Justice Sajjad Ali Shah gave this rulin

Published 09 Aug, 2019 12:00am

Revenue department has no power to grant 99-year lease: SC

Published 09 Aug, 2019 12:00am

Markets

Removal of encroachments: SC orders Sindh govt to submit report

Supreme Court (SC) on Tuesday ordered Sindh Government to submit the report about removal of encroachment from parks, amenity plots and others places in two months after the court showed its displeasure over failure of authorities to implement its orders.

Published 07 Aug, 2019 12:00am

Markets

Removal of encroachments: SC orders Sindh govt to submit report

Published 07 Aug, 2019 12:00am

Bail in corruption cases: SHC seeks replies about powers of trial court

Sindh High Court (SHC) on Monday directed Attorney General of Pakistan, NAB Prosecutor General and others to submit replies about the powers of trial court to grant bail to the accused in corruption cases. A two-member bench of the SHC headed by Justice I

Published 30 Jul, 2019 12:00am

NAB reference: SHC grants protective bail to Mustafa Kamal

Sindh High Court Friday granted protective bail to Mustafa Kamal, Chairman Pakistan Sarzameen Party (PSP) in the National Accountability Bureau (NAB) reference in alleged illegal allotment of land. A division bench of SHC comprising Justice Iqbal Kalhoro

Published 27 Jul, 2019 12:00am

SC summons CS, Secretary over new construction at Hindu Gymkhana

The Supreme Court on Thursday summoned Chief Secretary Sindh and provincial Secretary Cultural Department over new constructions for National Academy of Performing Arts (NAPA) at historical Hindu Gymkhana premises.

Published 26 Jul, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 14	279.27
USD PKR Interbank Buying / Feb 14	279.07
USD to Japanese Yen / Feb 14	152.31
USD to Swiss Franc / Feb 14	0.90
Pound Sterling to USD / Feb 14	1.26
Euro to USD / Feb 14	1.05
UK LIBOR % / Feb 14	4.96

Stock	Volume
S&P 500 / Feb 14	6,114.63
India Sensex / Feb 14	75,939.21
Tokyo Nikkei / Feb 14	39,149.43
Nasdaq / Feb 14	20,026.77
Hang Seng / Feb 14	22,620.33
FTSE 100 / Feb 14	8,732.46
Dow Jones / Feb 14	44,546.08
Germany DAX 30 / Feb 14	22,513.42
France CAC40 / Feb 14	8,178.54

Item	Value
Crude Oil USD/Barrel / Feb 14	70.74
Karachi Cotton PKR/37.32 KG / Feb 14	17,785
Gold 10 Grams PKR / Feb 14	262,517
Gold Spot USD/Ounce / Feb 14	2,882.53
Cotton US¢/pound / Feb 14	68.31
Petrol/Litre / Feb 16	256.13
Diesel/Litre / Feb 16	263.95

Gainers
Losers
Leaders

Stock	Price
At-Tahur Ltd. / Feb 14 At-Tahur Limited(PREMA)	35.26 ▲ 3.21 (10.02%)
Saritow Spinning / Feb 14 Saritow Spinning Mills Limited(SSML)	23.84 ▲ 2.17 (10.01%)
Leather Up Ltd. / Feb 14 Leather Up Limited(LEUL)	38.02 ▲ 3.46 (10.01%)
Lucky Cement / Feb 14 Lucky Cement Limited(LUCK)	1,366.37 ▲ 124.22 (10%)
Suhail Jute / Feb 14 Suhail Jute Mills Limited(SUHJ)	108.35 ▲ 9.85 (10%)
Agriautos Ind. / Feb 14 Agriauto Industries Limited(AGIL)	115.49 ▲ 10.5 (10%)
Mandviwala / Feb 14 Mandviwala Mauser Plastic Industries(MWMP)	20.48 ▲ 1.86 (9.99%)
Sindh Abadgar / Feb 14 Sindh Abadgar's Sugar Mills Limited(SASML)	50.08 ▲ 4.55 (9.99%)
Popular Islamic / Feb 14 Popular Islamic Modaraba(PIM)	12.37 ▲ 1.04 (9.18%)
F.Credit & Inv / Feb 14 First Credit and Investment Bank Limited(FCIBL)	8.39 ▲ 0.7 (9.1%)

Stock	Price
Dewan Textile / Feb 14 Dewan Textile Mills Limited(DWTM)	6.80 ▼ -0.99 (-12.71%)
TPL Trakker Ltd / Feb 14 TPL Trakker Limited(TPLT)	7.55 ▼ -0.93 (-10.97%)
I.C.C. Ind. / Feb 14 ICC Industries Limited(ICCI)	10.77 ▼ -1.2 (-10.03%)
Redco Textile / Feb 14 Redco Textiles Limited(REDCO)	22.60 ▼ -2.51 (-10%)
Engro Powergen / Feb 14 Engro Powergen Qadirpur Limited(EPQL)	25.78 ▼ -2.86 (-9.99%)
D.M. Textile / Feb 14 D.M. Textile Mills Limited(DMTX)	63 ▼ -6.99 (-9.99%)
Universal Ins. / Feb 14 The Universal Insurance Company Limited(UVIC)	12.91 ▼ -1.43 (-9.97%)
Sakrand Sugar / Feb 14 Sakrand Sugar Mills Limited(SKRS)	12.11 ▼ -1.34 (-9.96%)
Idrees Tex. / Feb 14 Idrees Textile Mills Limited(IDRT)	12.81 ▼ -1.41 (-9.92%)
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32.68 ▼ -3.56 (-9.82%)

Stock	Volume
B.O.Punjab / Feb 14 The Bank of Punjab(BOP)	79,317,612 ▼ -0.66
Lotte Chemical / Feb 14 Lotte Chemical Pakistan Limited(LOTCHEM)	72,104,503 ▼ -1.12
Power Cement / Feb 14 Power Cement Limited(POWER)	40,290,839 ▼ -0.18
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32,711,461 ▼ -3.56
Hascol Petrol / Feb 14 Hascol Petroleum Limited(HASCOL)	31,600,150 ▼ -0.41
Dewan Motors / Feb 14 Dewan Farooque Motors Limited(DFML)	31,281,602 ▼ -2.6
Cnergyico PK / Feb 14 Cnergyico PK Limited(CNERGY)	20,508,125 ▼ -0.25
Fauji Foods Ltd / Feb 14 Fauji Foods Limited(FFL)	20,173,357 ▼ -0.24
Fauji Cement / Feb 14 Fauji Cement Company Limited(FCCL)	16,904,777 ▼ -1.09
WorldCall Telecom / Feb 14 Worldcall Telecom Limited(WTL)	16,467,161 ▼ -0.04

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