News stories for Nadeem ul Haque

Nadeem ul Haque

Opinion

The sovereign-bank nexus and its pitfalls

Every few days there is a lament in newspapers and on TV that the cash economy must be killed, and that Pakistanis...

Updated 30 Sep, 2026 06:36am

Opinion

K-Electric tariff reversal weakens Pakistan’s privatisation case

Karachi’s consumers are being asked to celebrate a tariff cut they may never see. NEPRA has reduced K-Electric’s...

Updated 29 Sep, 2026 06:13am

Opinion

Pakistan has made tax compliance a competitive disadvantage

FBR keeps squeezing visible taxpayers while informality, distortion and leakage remain built into the system

Published 28 Sep, 2026 12:35pm

Opinion

Banks-based economy not a growth economy

Two pieces recently framed a debate worth settling. Shahid Kardar, in Dawn (“Bank domination”), showed that...

Updated 23 Sep, 2026 06:54am

Opinion

Privatization without institutions is a change of letterhead

Private ownership can improve incentives, but it cannot rescue a sector governed by opaque subsidies, weak...

Updated 22 Sep, 2026 07:10am

Opinion

Pakistan needs cities that grow, not provinces that govern

Pakistan’s administrative reform debate begins from the wrong premise. We keep asking how many provinces the country...

Published 01 Sep, 2026 04:49am

Opinion

Colonial mindset

Pakistan has been independent for nearly eight decades. The Union Jack came down, the British went home, and we...

Published 26 Aug, 2026 04:57am

Opinion

Annual Plan defeatism

Every year Pakistan publishes an Annual Plan with growth targets, sectoral targets, investment targets, export...

Published 15 Jul, 2026 02:14am

Opinion

Inherited democracy and closed political market

Pakistan’s dynastic politics is usually treated as a moral failure. We complain that fathers hand seats to sons,...

Published 06 Jul, 2026 03:13am

Opinion

Pakistan has equity appetite; its owners have control anxiety

Pakistan keeps saying it has no capital. Firms complain that bank borrowing is expensive. Government complains that...

Published 30 Jun, 2026 05:08am

Opinion

Pakistan needs equity markets, not dynastic control

Pakistan’s problem is not only that the state owns too much. It is also that too many productive assets remain...

Published 22 Jun, 2026 05:36am

Opinion

End the budget ‘circus’

Pakistan has turned the budget into an annual suspense drama. Businesses wait. Markets speculate. Consultants guess....

Published 16 Jun, 2026 04:12am

Opinion

Privatization must create markets, not new oligarchs

Pakistan does need privatization. But privatization is not reform merely because ownership moves from the public...

Published 15 Jun, 2026 02:32am

Opinion

Pakistan’s ‘fake’ search committees

Pakistan today suffers from a quiet but devastating institutional fraud. We pretend to conduct global-style...

Published 12 Jun, 2026 06:08am

Opinion

Pakistan cannot reform power tariffs without breaking up the DISCOs

Uniform national tariffs hide failure, destroy incentives, and make privatisation harder. But tariff reform will...

Published 08 Jun, 2026 02:29am

Opinion

Advocating for the creation of a new ‘Growth Commission’

Pakistan’s economy continues to grapple with deep structural challenges, from stagnant productivity and ballooning...

Published 05 Jun, 2026 05:48am

Opinion

Pakistan’s greatest risk in ME crisis is social, not merely economic

Pakistan is no longer watching the Middle East crisis from a safe distance. Its effects are already here — in petrol...

Published 18 May, 2026 05:40am

Opinion

Pakistan’s gas upstream crisis

Pakistan’s gas crisis is usually narrated as a story of depletion. Fields matured, reservoirs declined, demand rose,...

Published 11 May, 2026 05:59am

Opinion

Pakistan mispriced gas and mispriced its future

Pakistan did not merely misprice gas. It mispriced its own future. For decades, the country treated natural gas not...

Updated 04 May, 2026 06:04am

Opinion

Innovation is not a policy but a system

Mehran Gul’s The New Geography of Innovation makes a compelling and timely argument: innovation is no longer the...

Published 27 Mar, 2026 06:40am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Petrol/Litre / Sep 30	387.54
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Diesel/Litre / Sep 30	402.24
Cotton US¢/pound / Sep 30	79.18

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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