News stories for Zaheer Abbasi

Zaheer Abbasi

Coronavirus patients: Private hospitals must be bound to allocate beds, other facilities

A meeting on the coronavirus chaired by Prime Minister Imran Khan on Tuesday decided that private hospitals must also be bound to allocate specific number of beds and other facilities for coronavirus patients.

Published 01 Apr, 2020 12:00am

Ehsaas Programme: A lot needs to be done to firm up cash transfer plan

The government decision to provide cash transfer to those earning up to Rs20,OOO monthly through Ehsaas Programme may take weeks owing to verification and registration process.

Published 01 Apr, 2020 12:00am

Rs 1.2 trillion stimulus package approved by ECC

A special meeting of the Economic Coordination Committee (ECC) of the Cabinet on Monday gave approval to the fiscal stimulus package of Rs1.2 trillion announced by Prime Minister Imran Khan in the wake of coronavirus pandemic.

Published 31 Mar, 2020 12:00am

'Don't lay off your employees,' PM urges industrialists

Announcing the establishment of "PM Corona Relief Fund", prime minister Imran Khan on Monday stated that State Bank of Pakistan (SBP) had decided to provide cheap loans to the industries who would not be laying off their employees.

Published 31 Mar, 2020 12:00am

Expert underscores need for renegotiating IMF conditionalities

The government needs to renegotiate with the International Monetary Fund (IMF) the terms and conditions of $6 billion Extended Fund Facility (EFF) based on demand compression, subsequent to coronavirus outbreak and the resultant lockdown to prop up demand

Published 29 Mar, 2020 12:00am

'Corona tiger force' to deliver food: PM

Prime Minister Imran Khan on Friday said that the federal and the provincial governments had decided in the National Coordination Committee (NCC) to exempt the goods transport from the lockdown to ensure supply of essential commodities.

Published 28 Mar, 2020 12:00am

ECC approves Rs 5 billion grant for NDMA

The Economic Coordination Committee (ECC) of the Cabinet has decided to approve Rs5 billion technical supplementary grant for the National Disaster Management Authority (NDMA) to fight against the spread of coronavirus on war footing.

Published 27 Mar, 2020 12:00am

Government seeks IMF loan to fight off coronavirus

Pakistan is in negotiation with the International Monetary Fund (IMF) to seek additional $1.4 billion fast-track and upfront payment package, said Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh on Wednesday.

Published 26 Mar, 2020 12:00am

PM announces Rs 1 trillion stimulus package

Prime Minister Imran Khan has announced a one-trillion-rupee ($6.308bn) stimulus package for the industry, businesses and labour, to protect them from the adverse impact of coronavirus.

Published 25 Mar, 2020 12:00am

Divisible pool: Provinces got Rs 1.5 trillion in seven months

Provinces got Rs 1,501 billion from the Divisible Pool taxes during the first seven months of the current fiscal year, and Rs 64.985 billion under straight transfers, according to the Finance Ministry.

Published 22 Mar, 2020 12:00am

Exports to suffer setback, delegation tells government

As feared, exporters on Friday informed the government that Pakistani exports would suffer a setback in the coming months owing to coronavirus that has propelled the global economies into recession, and demand for Pakistani products, especially apparel, h

Published 21 Mar, 2020 12:00am

PM again rules out lockdown, promises package

Prime Minister Imran Khan has stated that the government will announce a comprehensive package on Tuesday for businesses as well as industry to offset the impact of coronavirus pandemic on the economy, but ruled out complete nationwide lockdown for now, t

Published 21 Mar, 2020 12:00am

Pakistan

Uniform syllabus for Grade I-V finalised, PM told

The government said on Thursday uniform syllabus has been finalised for grade one to grade five for implementation from March 2021. Prime Minister Imran Khan, who chaired a meeting on uniform education system in the country, was also informed that Ministr

Published 20 Mar, 2020 12:00am

Public debt stands at 83 percent of GDP

Finance Ministry has informed the federal cabinet that budget deficit stood at 3.8 percent of the GDP for the first eight months of the current fiscal year (July-February 2019-2020).

Published 19 Mar, 2020 12:00am

Technical supplementary grant for FBR approved by ECC

A meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved Rs 4,152 million technical supplementary grant for the Federal Board of Revenue (FBR) from Pakistan Raises Revenue Programme to meet inevitable expenditures for th

Published 19 Mar, 2020 12:00am

Address to nation: PM issues stern warning to hoarders

Prime Minister Imran Khan on Tuesday urged the nation not to panic from the spread of coronavirus and cooperate with the government to fight the pandemic by taking preventive measures. In a televised address after reported cases of coronavirus grew rapidl

Published 18 Mar, 2020 12:00am

Social sector, water: Ecnec approves over Rs 101 billion projects

A meeting of the Executive Committee of the National Economic Council (Ecnec) Monday approved over Rs 101 billion projects for social sector, water as well as to mobilize revenue through broadening tax base with modernization of the Federal Board of Reven

Published 17 Mar, 2020 12:00am

Body to monitor economic situation

Prime Minister Imran Khan on Monday constituted an inter-ministerial committee to monitor the economic situation on a daily basis in the context of coronavirus outbreak, and suggest preemptive measures to protect the economy from its negative impacts. The

Published 17 Mar, 2020 12:00am

Afghanistan: 'Beware of spoilers', Pakistan tells US

Foreign Minister Shah Mehmood Qureshi said on Sunday that US was conveyed that there are spoilers within and outside Afghanistan of US-Taliban deal and there is need to keep a vigilant eye on them.

Published 02 Mar, 2020 12:00am

IMF-government staff-level agreement: Averting FY20 mini-budget 'big success': PM

Prime Minister Imran Khan on Friday expressed his satisfaction at staff level agreement with the International Monetary Fund (IMF) and stated that saving public from the mini budget in the ongoing fiscal year is a 'big success' of the government and refle

Published 29 Feb, 2020 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

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

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

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

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