News stories for Syed Shabbar Zaidi

Syed Shabbar Zaidi

Opinion

Food for thought as Pakistan turns 75

Ayesha Jalal in her Struggle for Pakistan book has aptly stated: Truncated State, Divided Nation Religion is often...

Published 17 Aug, 2022 06:07am

Opinion

Is sovereign default inevitable? – IV

In this part of the multi-part series of articles I will describe underlying current of inflows and outflows of USD...

Updated 28 Jul, 2022 10:51am

Opinion

Is sovereign default inevitable? – III

This third part of this series of articles discusses, among other things, the subject of services imports. As usual,...

Updated 21 Jul, 2022 02:58pm

Opinion

Is sovereign default inevitable? – II

The first Prime Minister of India, Pandit Jawaharlal Nehru, said the following on the occasion of abolition of...

Updated 14 Jul, 2022 06:28am

Opinion

Is sovereign default inevitable? – I

Dr Rajendra Prasad, the first President of India, in his book ‘India Divided’, that he penned in 1945 stated ...

Published 06 Jul, 2022 05:35am

Opinion

Demystifying FDI

In an article carried by this newspaper on May 15, 2022 I gave the projected foreign exchange cash flow of the state...

Updated 23 Jun, 2022 09:34am

Opinion

Foreign assets declared under amnesty immune from CVT

Capital Value Tax (CVT) was levied by the federal government in 1989 on transactions relating to acquisition of...

Published 20 Jun, 2022 07:25am

Opinion

Wealth tax in the guise of deemed income

Whenever historians will write the history of an abusive, incorrect, absurd and technically incorrect tax imposition...

Published 16 Jun, 2022 06:03am

Opinion

Estimated/projected budget 2022-2023

The federal budget is expected to be presented on June 10, 2022. As a result of excessive politicisation of the...

Updated 07 Jun, 2022 10:26am

Opinion

Pakistan’s projected USD cash flows: an accountant’s perspective

In this important article I will present the projected cash flow statements of Pakistan for the period starting from...

Published 19 May, 2022 05:29am

Opinion

Living beyond means

Pakistan’s external debt averaged USD 65.223 billion from 2002 until 2021, reaching an all-time high of USD ...

Updated 11 May, 2022 10:26pm

Opinion

Back to square one?

After an eventful night in Islamabad the country is back to square one. After three and half years’ rule of...

Updated 20 Apr, 2022 10:43pm

Opinion

Tough economic decisions & fragile political mandate

Very few people may have actually experienced the moment of helplessness when there is a clash between the need for...

Published 31 Mar, 2022 05:11am

Opinion

It’s time to reflect

As we celebrate the Pakistan Day (Pakistan Resolution Day) today, it is important to go back to the original scheme...

Published 23 Mar, 2022 04:58am

Opinion

Assets held abroad: Misinterpretation of law

There were the Panama Leaks in 2017 followed by the Paradise Leaks and Pandora Leaks. Now there is a Swiss Leak...

Updated 03 Mar, 2022 09:58am

Opinion

Transfer of foreign exchange — avoid ‘hawala’

Pakistan has always been short of foreign exchange and it will remain so in the unforeseeable future. However, on...

Published 23 Feb, 2022 04:54am

Opinion

Distribution of resources among federation, provinces and local governments

History is replete with evidence that economics is the underlying basis of most political actions and reactions. In...

Published 16 Feb, 2022 06:20am

Opinion

Exports: big boost possible

The Commerce Minister of Bangladesh (BD) has set his country’s export target for 2022-2025 at $ 80 billion. BD has...

Published 02 Feb, 2022 04:45am

Opinion

2013-18: Subsidising imported goods but at what cost?

The Federal Finance Minister Shaukat Tarin has stated that USD 60 billion had been spent to maintain the ...

Published 26 Jan, 2022 04:42am

Opinion

Why the ideal of accountability always remains elusive?

Prime Minister Imran Khan admitted recently that the PTI government has not been able to conduct accountability in...

Published 19 Jan, 2022 06:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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