News stories for Tahir Jahangir

Tahir Jahangir

Opinion

Textile exports will start falling soon

It seems that our economic planners are living in a fantasy world. Contrary to our budgetary expectations, which...

Updated 24 Jul, 2024 08:35am

Opinion

A timid budget by a hesitant govt

The budget was really not a budget per se. We have come to expect major policy measures being enacted, loads of ...

Updated 15 Jun, 2023 06:31am

Opinion

The cost of anti-export bias

Our country in general and our bureaucracy in particular have a strange bias against exports and a particular...

Published 13 Jun, 2023 06:00am

Opinion

Decline in our exports

There are two major factors behind the decline of the dollar value of our textile exports. The first is a drop in ...

Published 05 May, 2023 06:44am

Opinion

The grim challenge of import addiction

We are addicted to foreign goods. As a child I remember hankering for foreign chocolates and toffees, as an adult I...

Updated 27 Apr, 2023 07:06am

Opinion

Stern business of funny money

In the mid-1990s the Soviet Union had collapsed and my friend Tariq Usman Haider was appointed as the envoy to...

Published 07 Mar, 2023 03:16am

Opinion

Let’s tighten our belts for one year: all will be well

There comes a time in almost any life, when one has to tighten one’s belt and rein in one’s consumption, for the...

Updated 23 Feb, 2023 06:14am

Opinion

Faltering exports – the longer term for textiles

When India was partitioned “West Pakistan” had only two cotton yarn spinning mills and “East Pakistan” had no jute...

Updated 18 Jan, 2023 07:26am

Opinion

Faltering exports

The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we...

Updated 10 Jan, 2023 06:51am

Opinion

Export growth won’t be easy from now on

Ever since the rupee-dollar parity was allowed to be determined by market forces the Rupee depreciated dramatically...

Published 14 Sep, 2022 04:45am

Opinion

Navigating exchange rate labyrinth

Classical economic theory of demand and supply for goods applies just as well to a currency, the Pak rupee, the...

Published 18 May, 2022 05:54am

Opinion

The exchange rate challenge

It is interesting to see that as far as the economic priorities are concerned, there seems to be an unannounced...

Published 11 May, 2022 04:58am

Opinion

The same old cul-de-sac…

Once again we have arrived at the same impasse. The path ends in a dead end. On both sides, and in front of us there...

Published 09 Feb, 2022 05:46am

Opinion

Export ‘boom’ may not last long

Jubilation at a 24% growth in exports in US dollar terms is not entirely justified. About 15% of this 24 % is really...

Published 08 Jul, 2021 04:22am

Opinion

Where are billions of dollars collected as EDS?

Let me explain what constitutes EDS. It stands for “Export Development Surcharge.” This is a deduction of a...

Published 19 May, 2021 06:00am

Opinion

Improving value-added exports: some suggestions

A new team has taken over the Ministry of Finance in Islamabad. Let us hope they will be more amenable to issues...

Published 12 May, 2021 04:23am

Dire prospects for value-added textile industry

The worldwide attention given to the plight of the Uighurs in the Chinese Xinjiang province has led to a conscious...

Published 01 Mar, 2021 06:13am

Opinion

Jubilation at export growth is premature

The fact that exports this financial year, July 2020 onwards are much higher than they were in the same months the...

Published 21 Jan, 2021 04:23am

Opinion

The faults that computers develop

It was gratifying to see the government functionaries admitting that the FBR super computer has faults which have ...

Published 23 Dec, 2020 02:55am

Opinion

Export growth dependent upon sales tax refunds

Over the last twelve months it has been clearly demonstrated that our exports can grow provided we are given a ...

Published 24 Nov, 2020 03:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Chenab Ltd (Pref) / Jan 30 Chenab Limited (Pref)(CLCPS)	3.92 ▲ 0.37 (10.42%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Supernet Ltd. / Jan 30 Supernet Limited (GEM)(GEMSPNL)	21.78 ▲ 1.98 (10%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)
Leather Up Ltd. / Jan 30 Leather Up Limited(LEUL)	48.85 ▲ 4.44 (10%)
J.K.Spinning / Jan 30 J.K. Spinning Mills Limited(JKSM)	63.80 ▲ 5.8 (10%)
Loads Limited / Jan 30 Loads Limited(LOADS)	18.92 ▲ 1.72 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Premier Sugar / Jan 30 The Premier Sugar Mills(PMRS)	359.58 ▼ -39.95 (-10%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	31.62 ▼ -3.51 (-9.99%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.53 ▼ -1.21 (-8.21%)
Gulshan Sp. / Jan 30 Gulshan Spinning Mills Limited(GSPM)	3.72 ▼ -0.31 (-7.69%)
Tandlianwala Sugar / Jan 30 Tandlianwala Sugar Mills Limited(TSML)	66 ▼ -4.99 (-7.03%)
Gadoon Textile / Jan 30 Gadoon Textile Mills Limited(GADT)	221 ▼ -14.14 (-6.01%)
Next Capital / Jan 30 Next Capital Limited(NEXT)	9 ▼ -0.56 (-5.86%)

Stock	Volume
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.12
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.07
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	26,690,716 ▲ 0.2
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 3.34
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.14
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	21,908,064 ▲ 2
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	20,895,858 ▲ 1.16
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.01
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▼ -0.09

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