News stories for Tanveer Ahmed

Tanveer Ahmed

Karachi mayor's powers & KE dues: SC orders Sindh government to resolve issues

Supreme Court (SC) on Wednesday ordered Sindh Government to sit with Mayor Karachi to resolve issues related to his powers as well as outstanding electricity dues of civic body, which runs into Rs580 million.

Published 25 Jul, 2019 12:00am

PTI, MQM reaffirm cooperation with each other in Centre

Pakistan Tehreek-e-Insaf (PTI) and Muttahida Qaumi Movement (MQM) on Tuesday reaffirmed to continue cooperation with each other in coalition government in Centre.

Published 24 Jul, 2019 12:00am

Miftah granted protective bail for seven days

Sindh High Court (SHC) Friday approved protective bail of Miftah Ismail, former finance advisor for seven days against the surety of Rs 0.5 million in LNG import contract case. A division bench of SHC headed by Justice Iqbal Kalhoro also granted protectiv

Published 20 Jul, 2019 12:00am

Miftah granted protective bail for seven days

Published 20 Jul, 2019 12:00am

Markets

Sindh's debt shoots up by Rs 70 billion owing to devaluation of PKR

The depreciation of Pakistan rupee against dollar increased the debt of Sindh province by approximately Rs 70 billion from Rs 296 billion to Rs 366 billion. International Development Association (IDA)/World Bank remains lender of 59 percent to Sindh, Asia

Published 13 Jul, 2019 12:00am

Sub-meters for staff ordered: SC restores power supply to KMC

The Supreme Court Wednesday ordered restoration of the electricity of Karachi Municipal Corporation (KMC) head office and directed to install sub-meters for employees of KMC, residing parks, administrated by the civic body.

Published 11 Jul, 2019 12:00am

15,000 skilled workforce: UNDP to provide Rs 300m for Sindh's YEEP

The United Nations Development Programme (UNDP) will provide Rs 300 million for Youth Education Employment Project (YEEP) in Sindh to produce 15000 skilled workforce in the province. According to official documents, UNDP will provide Rs 300 million, inclu

Published 07 Jul, 2019 12:00am

Uplift schemes: Centre releases Rs 3.871 billion under Karachi Package

The federal government released Rs 3.871 billion for the development projects under Karachi Package during the financial year ended on June 30, 2019 against the allocated amount of Rs 5 billion, showing a shortfall of Rs 1.12 billion.

Published 04 Jul, 2019 12:00am

ADB to provide $75 million for improving secondary education in Sindh

Asian Development Bank (ADB) will provide $ 75 million for Sindh Secondary Education Improvement Project (SSEIP), which will be implemented in six years from July 2019 to June 2025. According to official documents, the project will be implemented in the e

Published 30 Jun, 2019 12:00am

ADB to provide $75 million for improving secondary education in Sindh

Published 30 Jun, 2019 12:00am

ADB to provide $75 million for improving secondary education in Sindh

Published 30 Jun, 2019 12:00am

ADB to provide $75 million for improving secondary education in Sindh

Published 30 Jun, 2019 12:00am

Federal government plans to train 10,000 IT professionals

Federal government has planned to train at least 10,000 Information Technology (IT) professionals in 12 to 15 emerging technologies to resolve the shortage of skilled human resources in these technologies. In IT sector, more than dozen new technologies ha

Published 28 Jun, 2019 12:00am

Property tax system of Karachi to be improved, modernised under CLICK

The property tax system of Karachi will be improved and modernized under Competitive & Livable City of Karachi Project (CLICK) at the cost of $40 million. CLICK is comprised of four components, which include improving Urban Immovable Property Tax (UITP) s

Published 04 Jun, 2019 12:00am

Utilisation of E&P funds: SHC orders NAB to initiate inquiry

Sindh High Court (SHC) on Saturday ordered National Accountability Bureau (NAB) to carryout inquiry into alleged wrongdoing in the utilisation of funds allocated by energy & petroleum (E&P) companies for uplift of local communities in various districts of

Published 02 Jun, 2019 12:00am

Utilisation of E&P funds: SHC orders NAB to initiate inquiry

Published 02 Jun, 2019 12:00am

Import Policy Order challenged: SHC issue notices to govt on restrictions of used vehicles' import

Sindh High Court (SHC) on Friday issued notices to federal government through Commerce and Industries ministries and others in a petition, which challenged restrictions on import of used vehicles under Import Policy Order 2016. A division bench of SHC hea

Published 01 Jun, 2019 12:00am

HED project: over 5,000 varieties of hand-made products to be developed

More than 5,000 different handmade products would be developed in three years' time through "Handicraft Export Development" project for exportable purposes. These products would be export-oriented, competitive handicrafts products through capacity buildin

Published 29 May, 2019 12:00am

KWSSIP investment plan to be implemented in four phases

Karachi Water & Sewerage Services Improvement Project (KWSSIP) investment plan will be implemented in four phases in 12 years involving $ 1.6 billion local and foreign funding. According to official documents available with Business Recorder, the KWSSIP i

Published 26 May, 2019 12:00am

KWSSIP investment plan to be implemented in four phases

Published 26 May, 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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