News stories for Tanveer Ahmed

Tanveer Ahmed

Sindh government asked to pay arrears of allowances to MPAs in two months

Sindh High Court (SHC) on Wednesday directed provincial government to pay the arrears of allowances to the members of Sindh Assembly within two months.

Published 19 Sep, 2019 12:00am

Yellow Bus Rapid Transit: Sindh government to bear Rs 1.3 billion subsidy annually

The Sindh government will pay Rs 1.3 billion subsidy annually for the operation of Yellow Bus Rapid Transit, which is the part of Karachi Urban Mobility Project, official documents indicated. The operational subsidy for the project was estimated at Rs 1.7

Published 15 Sep, 2019 12:00am

Sindh government to table CNG kits, cylinders bill in PA soon: SHC told

The Sindh Government has drafted Sindh CNG Kit & Cylinder Fitness Authority Act, 2019 and will present it in the provincial assembly soon. Additional Advocate General Sindh told a division bench of SHC headed by Justice Muhammad Ali Mazhar, which heard th

Published 08 Sep, 2019 12:00am

Deletion of BRT Redline project's overhead charges: Sindh government not in accord with ministry

The Sindh government didn't agree with the Ministry of Planning, Development & Reforms (MoDP&R) to delete overhead charges for construction of Karachi BRT Redline project, which would reduce the cost of the project by Rs 16 billion. The MoDP&R had propose

Published 01 Sep, 2019 12:00am

Deletion of BRT Redline project's overhead charges: Sindh government not in accord with ministry

Published 01 Sep, 2019 12:00am

Treatment of HIV, AIDS: SHC orders Sindh government to establish commission

Sindh High Court (SHC) on Tuesday ordered the provincial government to establish Commission for prevention, control, care, support and treatment of HIV and AIDS and directed it to produce the notification in the court on September 17, 2019.

Published 28 Aug, 2019 12:00am

Lawyers' convention expresses concern over references against judges

All Pakistan Lawyers Convention on Saturday expressed its concern over the references filed against Justice Faez Isa and Justice K K Agha and in Supreme Judicial Council (SJC). A resolution unanimously adopted by All Pakistan Lawyers Convention, which was

Published 25 Aug, 2019 12:00am

Lawyers' convention expresses concern over references against judges

Published 25 Aug, 2019 12:00am

Funds under Karachi package not yet released

The federal government didn't release a single penny for the development projects of road infrastructure and mass-transit of city under Karachi Package so far during the current financial year, official data shows. According to details of releases of Publ

Published 18 Aug, 2019 12:00am

Phase-I of KWSSIP: KW&SB to cover O&M cost if reforms implemented: WB

Karachi Water & Sewerage Board (KW&SB) will be able to cover its current operating & maintaining (O&M) cost in three years if reforms supported by Phase-I of Karachi Water & Sewerage Services Improvement Project (KWSSIP) were implemented, the World Bank f

Published 15 Aug, 2019 12:00am

Markets

Cost of 220KV Nawab Shah substation up by Rs 860 million

The cost of 220KV Nawab Shah Substation has increased by Rs 860 million from Rs 4.909 billion to Rs 5.769 billion, mainly due to dollar appreciation against Pakistani rupee. Government would finance the projects through local and foreign sources. In the o

Published 14 Aug, 2019 12:00am

Nano-Materials project at KU: Government to generate Rs 507 million foreign financing

Government would generate Rs 507 million foreign financing for the project namely "Establishment of Facilities for Industrial Productions of Nano-Materials" in Latif Ebrahim Jamal Nanotechnology Center, HEJ Research Institute of Chemistry, University of K

Published 11 Aug, 2019 12:00am

SC summons federal secretaries Finance, P&D, AGP over KCR's revival

Supreme Court (SC) on Friday summoned Federal Secretaries Finance and Planning & Development and ordered Attorney General of Pakistan (AGP) to appear in person after the court was informed about the issues between federal and Sindh governments over reviva

Published 10 Aug, 2019 12:00am

Revenue department has no power to grant 99-year lease: SC

Supreme Court (SC) has ruled that Revenue Department has no power whatsoever to grant lease of 99 years under any law. A three-member bench of SC headed by Justice Gulzar Ahmed and comprising Justice Faisal Arab and Justice Sajjad Ali Shah gave this rulin

Published 09 Aug, 2019 12:00am

Revenue department has no power to grant 99-year lease: SC

Published 09 Aug, 2019 12:00am

Markets

Removal of encroachments: SC orders Sindh govt to submit report

Supreme Court (SC) on Tuesday ordered Sindh Government to submit the report about removal of encroachment from parks, amenity plots and others places in two months after the court showed its displeasure over failure of authorities to implement its orders.

Published 07 Aug, 2019 12:00am

Markets

Removal of encroachments: SC orders Sindh govt to submit report

Published 07 Aug, 2019 12:00am

Bail in corruption cases: SHC seeks replies about powers of trial court

Sindh High Court (SHC) on Monday directed Attorney General of Pakistan, NAB Prosecutor General and others to submit replies about the powers of trial court to grant bail to the accused in corruption cases. A two-member bench of the SHC headed by Justice I

Published 30 Jul, 2019 12:00am

NAB reference: SHC grants protective bail to Mustafa Kamal

Sindh High Court Friday granted protective bail to Mustafa Kamal, Chairman Pakistan Sarzameen Party (PSP) in the National Accountability Bureau (NAB) reference in alleged illegal allotment of land. A division bench of SHC comprising Justice Iqbal Kalhoro

Published 27 Jul, 2019 12:00am

SC summons CS, Secretary over new construction at Hindu Gymkhana

The Supreme Court on Thursday summoned Chief Secretary Sindh and provincial Secretary Cultural Department over new constructions for National Academy of Performing Arts (NAPA) at historical Hindu Gymkhana premises.

Published 26 Jul, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 19	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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