News stories for Syed Shabbar Zaidi

Syed Shabbar Zaidi

Opinion

The challenge of IPPs—V

Solutions
Revised accounting for government-owned IPP

Updated 09 Aug, 2024 07:23am

Opinion

The challenge of IPPs—IV

The second part of this story is the perceived cooperation from our Chinese brothers and friends. As per ...

Published 08 Aug, 2024 06:40am

Opinion

The challenge of IPPs—III

Nepra report further states: “2.3.7 Energy Charges vs. Capacity Charges: The consumer-end tariff comprises Energy...

Updated 07 Aug, 2024 06:39am

Opinion

The challenge of IPPs–II

Excess/unutilized generation capacity

Published 06 Aug, 2024 06:40am

Opinion

The challenge of IPPs-I

Pakistan’s real economy is failing primarily on account of its energy sector. This author has been raising the alarm...

Published 04 Aug, 2024 02:47am

Opinion

Properties of Pakistanis in Dubai

In 2019 when I was the Chairman of Federal Board of Revenue (FBR) I asked my Director General International Taxation...

Published 22 May, 2024 05:54am

Opinion

Deemed income tax on ownership of vacant plot of land incorrect—V

All the arguments and contentions made by the Sindh High Court in the aforesaid order which have been emphasised are...

Published 17 Apr, 2024 05:28am

Opinion

Deemed income tax on ownership of vacant plot of land incorrect—IV

For the sake of clarity we reproduce the gist of the Order passed by the Sindh High Court as under. This fundamental...

Published 16 Apr, 2024 03:38am

Opinion

Deemed income tax on ownership of vacant plot of land incorrect—III

Even if the Elahi Cotton Mills Limited is considered to be final on this subject there is a fundamental difference...

Published 15 Apr, 2024 03:56am

Opinion

Deemed income tax on ownership of vacant plot of land incorrect—II

Notwithstanding the fact that this author is not in agreement with the judgement and considers this order identical...

Published 14 Apr, 2024 03:33am

Opinion

Deemed income tax on ownership of vacant plot incorrect–I

The Finance Act, 2022 introduced a novel tax under Section (7E) of the Income Tax Ordinance, 2001. This is deemed...

Updated 13 Apr, 2024 04:11am

Opinion

Criticality of regional economic cooperation-III

Iran-Pakistan-India (IPI) gas pipeline is still a live project. As per author’s information, the work on...

Published 06 Apr, 2024 05:28am

Opinion

Criticality of regional economic cooperation-II

However, it is now necessary to revisit the case and every sensible person will agree that two neighbours cannot...

Published 03 Apr, 2024 05:29am

Opinion

Criticality of regional economic cooperation-I

The size of Pakistan’s GDP was around USD 180 billion in 2010, which was around USD 400 billion in 2023. This is...

Published 30 Mar, 2024 06:22am

Opinion

Subject of taxation on farm income

This article discusses the issue of availability of food for the poor at affordable prices, economics of agriculture...

Updated 22 Nov, 2023 06:13am

Opinion

Why our exports still struggle to get meaningful boost?—II

Dynamics of documented and organised sector, The organised sector is mostly represented by listed and unlisted...

Published 15 Nov, 2023 06:09am

Opinion

Why our exports still struggle to get meaningful boost?—I

Many of us wonder why the Pakistani rupee is trading at 284 against one USD. A number of reasons are presented for...

Published 09 Nov, 2023 05:38am

Opinion

USD to PKR forecast for 2024 — III

In the earlier article on this subject, this writer discussed the projections for PkR exchange rate for 2024. In the...

Updated 03 Nov, 2023 07:17am

Opinion

USD to PKR forecast for 2024 — II

However, in this circle, there is one loose end, which is the availability of $ in Dubai with the importer as the...

Updated 01 Nov, 2023 06:33am

Opinion

USD to PKR forecast for 2024 — I

Studies, analyses, projections and estimations of exchange rates for any currency constitute the job of economists....

Published 31 Oct, 2023 05:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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