News stories for Dr Omer Javed

Dr Omer Javed

Opinion

Economic policy, federal budget and role of opposition

’…the existence of the opposition is ‘nearly the most distinctive characteristic of democracy’. In parliamentary...

Published 05 Jul, 2024 03:17am

Opinion

Federal budget and pro-cyclical policy

The federal budget, due to come into effect in the next few days, has continued with the pro-cyclical policy...

Updated 28 Jun, 2024 03:16pm

Opinion

Climate change, austerity policy, and IMF programme

Pakistan is likely to enter into an Extended Fund Facility (EFF) programme – which is different from a standby...

Published 21 Jun, 2024 06:37am

Opinion

A stagflationary federal budget

Stagflation is a situation when economic growth is stagnating, and inflation is also increasing. Growth requires...

Updated 14 Jun, 2024 07:57am

Opinion

Need for revisit of deeply-rooted neoliberal economic policy mindset

In his visit to China, with PM and some other cabinet members, the finance minister, Muhammad Aurangzeb, while...

Published 07 Jun, 2024 06:24am

Opinion

A social democratic, green, mission-oriented budget

In contrast to the usual approach to a budget discourse based on ideas around raising taxes, and expenditure...

Updated 31 May, 2024 07:33am

Opinion

Primary surplus, fiscal deficit, over-board austerity policy, and existential threats

International Monetary Fund (IMF) wishes government to have primary surplus, which means that before paying interest...

Updated 27 May, 2024 07:12pm

Opinion

Planning educational emergency

‘What the best and wisest parents wants for his own child, that must the community want for all of its children....

Published 17 May, 2024 05:50am

Opinion

Neoliberal economic policy, and political economic outcomes

In a number of interviews after becoming finance minister, there is a sense of naivety reflected in the thoughts of...

Updated 10 May, 2024 09:00am

Opinion

Climate change, plastic pollution, and waste management

Pakistan is among the top-ten climate change vulnerable country. Global warming needs to be controlled, and a...

Published 03 May, 2024 06:29am

Opinion

Very critical 2020s: existential threats and global economy

‘The 2020s are almost halfway over and are on course to be the most difficult decade for the global economy since...

Published 26 Apr, 2024 04:15am

Opinion

EFF programme, non-inflationary economic growth, and counter-cyclical policy approach

A recent ‘Transcript of Global Financial Stability Report April 2024 press briefing’, carried a rather very...

Published 19 Apr, 2024 05:07am

Opinion

Possible need for price controls

‘The Reagan-era policies also paved the way for China’s rise. As Weber’s scholarly work shows, China’s economic...

Published 29 Mar, 2024 04:45am

Opinion

Income, not consumption, taxes: Applying a ‘national income tax’ for a welfare state

‘The fundamental injustice of consumption taxes, relative to income taxes, is that the well-off can postpone them by...

Updated 22 Mar, 2024 11:00am

Opinion

Getting prices right in Pakistan: Shock therapy, ‘dual-track’ price system, and input-output model

Lack of allocative and productive expenditure efficiency has led to under-utilization of revenue and aid, which in...

Updated 15 Mar, 2024 11:53am

Opinion

Provincial economic policy

As the new provincial governments are finding their feet in a rather very difficult economic environment, it is...

Published 08 Mar, 2024 03:14am

Opinion

Incoming government and some important economic policy initiatives

High inflationary situation should be among the top most priorities of the incoming government. Over-board aggregate...

Published 01 Mar, 2024 02:59am

Opinion

An ‘appropriate’ finance minister, and the need for an over-arching ‘economic minister’

As a new elected government is about to come into office, there is talk of who should be the finance minister....

Updated 23 Feb, 2024 06:58am

Opinion

Approaching an ‘augmented’ IMF programme

What is likely to happen if the country goes into another International Monetary Fund (IMF, or simply the ...

Published 16 Feb, 2024 06:02am

Opinion

Immediate economic priorities for the incoming government

The new government that comes into office will have its work sharply cut out as far as the economic challenges are...

Published 09 Feb, 2024 03:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	278.22
USD PKR Interbank Buying / Dec 11	278.12
USD to Japanese Yen / Dec 11	151.51
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.28
Euro to USD / Dec 11	1.05

Stock	Volume
S&P 500 / Dec 10	6,034.91
Nasdaq / Dec 10	19,687.24
Dow Jones / Dec 10	44,247.83
India Sensex / Dec 11	81,526.14
Tokyo Nikkei / Dec 11	39,372.23
Hang Seng / Dec 11	20,155.05
FTSE 100 / Dec 11	8,253.09
Germany DAX 30 / Dec 11	20,332.98

Item	Value
Crude Oil USD/Barrel / Dec 11	68.78
Karachi Cotton PKR/37.32 KG / Dec 11	17,585
Gold 10 Grams PKR / Dec 11	243,059.70
Gold Spot USD/Ounce / Dec 11	2,690.75
Cotton US¢/pound / Dec 11	69.26
Petrol/Litre / Dec 12	252.10

Gainers
Losers
Leaders

Stock	Price
Parmount Sp. / Dec 12 Paramount Spinning Mills Limited(PASM)	4.95 ▲ 0.85 (20.73%)
Grays Leasing / Dec 12 Grays Leasing Limited(GRYL)	6.28 ▲ 0.86 (15.87%)
JS Global Banking / Dec 12 JS Global Banking Sector (ETF)(JSGBETF)	22.89 ▲ 3.00 (15.08%)
Kohinoor Ind. / Dec 12 Kohinoor Industries Limited(KOIL)	9.12 ▲ 1.00 (12.32%)
I.C.C. Ind. / Dec 12 ICC Industries Limited(ICCI)	11.61 ▲ 1.06 (10.05%)
LSE Financial Serv. / Dec 12 LSE Financial Services Limited(LSEFSL)	12.51 ▲ 1.14 (10.03%)
United Brands / Dec 12 United Brands Limited(UBDL)	20.53 ▲ 1.87 (10.02%)
Gharibwal Cement / Dec 12 Gharibwal Cement Limited(GWLC)	46.16 ▲ 4.20 (10.01%)
Pakistan Hotels Developers / Dec 12 Pakistan Hotels Developers Limited(PHDL)	63.21 ▲ 5.75 (10.01%)

Stock	Price
First Fid. Leasing / Dec 12 First Fidelity Leasing Modaraba(FFLM)	2.55 ▼ -0.54 (-17.48%)
Blue-Ex Ltd / Dec 12 Blue-Ex Limited (GEM)(GEMBLUEX)	33.45 ▼ -3.72 (-10.01%)
J.A.Textile / Dec 12 J.A. Textile Mills Limited(JATM)	50.29 ▼ -5.59 (-10.00%)
Mughal Energy / Dec 12 Mughal Energy Limited(GEM)(GEMMEL)	20.39 ▼ -2.26 (-9.98%)
Hussain Industries / Dec 12 Husein Industries Limited(HUSI)	18.68 ▼ -2.07 (-9.98%)
East West Insu.(R) / Dec 12 East West Insurance Company Limited (R)(EWICR3)	23.50 ▼ -2.51 (-9.65%)
Chenab Ltd / Dec 12 Chenab Limited(CHBL)	6.99 ▼ -0.66 (-8.63%)
Hala Enterprise / Dec 12 Hala Enterprises Limited(HAEL)	14.16 ▼ -1.29 (-8.35%)
Sana Ind / Dec 12 Sana Industries Limited(SNAI)	27 ▼ -1.99 (-6.86%)

Stock	Volume
WorldCall Telecom / Dec 12 Worldcall Telecom Limited(WTL)	200,870,859 ▼ -0.01
Cnergyico PK / Dec 12 Cnergyico PK Limited(CNERGY)	150,687,962 ▲ 0.22
K-Electric Ltd. / Dec 12 K-Electric Limited(KEL)	134,743,839 ▲ 0.52
Telecard Limited / Dec 12 Telecard Limited(TELE)	64,202,370 ▲ 0.31
Fauji Foods Ltd / Dec 12 Fauji Foods Limited(FFL)	60,850,821 ▲ 1.23
Lotte Chemical / Dec 12 Lotte Chemical Pakistan Limited(LOTCHEM)	54,690,818 ▲ 2.05
B.O.Punjab / Dec 12 The Bank of Punjab(BOP)	50,948,552 ▲ 0.16
Sui South Gas / Dec 12 Sui Southern Gas Company Limited(SSGC)	38,558,980 ▲ 3.36
Pak Elektron / Dec 12 Pak Elektron Limited(PAEL)	36,822,105 ▲ 1.34

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