News stories for Dr Omer Javed

Dr Omer Javed

Opinion

2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy

Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has...

Updated 30 Dec, 2022 06:28am

Opinion

Ending the assault of austerity and procyclical policy stance

‘The world is confronting multiple, compounding crises, from Covid-19, energy, inflation, debt, and climate shocks...

Published 23 Dec, 2022 05:54am

Opinion

IMF policy needs a serious rethink

The first major jolt to the International Monetary Fund’s (IMF’s) thinking regarding pursuing austerity policy...

Published 16 Dec, 2022 05:58am

Opinion

Contradictions in economic policy stance and a way forward

In its policy prescription, the International Monetary Fund (IMF) has been pushing Pakistan for adopting procyclical...

Updated 09 Dec, 2022 06:32am

Opinion

Non-austerity policy needed for resilient, inclusive, sustainable growth

The world is fast entering deep recesses of environmental, public health, and economic crises. Virtually, over the...

Published 02 Dec, 2022 05:47am

Opinion

COP27 meetings: achievements, setbacks, and deficiencies

This year’s COP meetings that were supposed to be held in Sharm el-Sheikh, Egypt from November 6-18, but had to go...

Updated 25 Nov, 2022 04:00pm

Opinion

The Bridgetown Initiative

‘A perennial question hanging over UN climate conferences is how developing countries will finance their domestic...

Published 18 Nov, 2022 05:53am

Opinion

The elusive ‘new normal’

‘A nd the clock is ticking. We are in the fight of our lives. And we are losing. Greenhouse gas emissions keep...

Updated 11 Nov, 2022 06:14am

Opinion

Mission climate change

COP27 meetings in Egypt will start on November 6, but the global conference with its first meeting in 1995 is yet to...

Published 04 Nov, 2022 05:56am

Opinion

Climate change crisis and COP27

COP27 – 27th Conference of the Parties to the United Nations Framework Convention on Climate Change – which will be...

Updated 28 Oct, 2022 06:35am

Opinion

Austerity and SDR allocation

The world is suffering from multiple crises — from strong inflationary headwinds to low growth — at the back of...

Published 21 Oct, 2022 05:57am

Opinion

Important issues for IMF, WB annual meetings 2022

‘When they gather in Washing-ton next week for the International Monetary Fund and World Bank Group annual...

Published 14 Oct, 2022 03:39am

Opinion

Floods, debt, and SDRs

Pakistan is facing unprecedented floods of a profoundly catastrophic nature. While 3 million livestock have died in...

Published 30 Sep, 2022 05:52am

Opinion

A world running towards recession

‘Central banks are intent on driving the world economy perilously close to a recession. Late to see the worst...

Published 23 Sep, 2022 05:50am

Opinion

Floods, food & debt crises, and 77th UNGA session

The United Nations General Assembly’s (UNGA’s) 77th Session from September 13-27 comes at a very crucial time ...

Published 16 Sep, 2022 06:04am

Opinion

Shocks and Pakistan’s economy

‘We are living in a time of overlapping emergencies: the pandemic is not over, climate change is a reality, and...

Published 09 Sep, 2022 06:09am

Opinion

The flood catastrophe

Reportedly, around 33 million people stand affected by the most intense and devastating floods in the history of...

Published 02 Sep, 2022 06:00am

Opinion

Crisis of food prices

‘Food prices have surged more than 20% this year, according to the UN Food and Agriculture Organisation. About 345...

Published 26 Aug, 2022 05:35am

Opinion

Price stabilisation and extent of tight monetary policy

‘Today American policymakers face a stark choice. Either, they can fight inflation by continuing to hike interest...

Published 19 Aug, 2022 05:57am

Opinion

Need for fresh SDR allocation

Last August, the International Monetary Fund (IMF) issued enhanced special drawing rights (SDRs) allocation to the...

Published 12 Aug, 2022 05:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular