News stories for Zaheer Abbasi

Zaheer Abbasi

Pakistan

PM to launch Kifaalat programme on Friday: Dr Sania

Dr Sania Nishtar, Special Assistant to Prime Minister on Poverty Alleviation and Chairperson Benazir Income Support Programme (BISP), said on Wednesday that Kifaalat Programme is being launched from tomorrow (Friday) by Prime Minister Imran Khan with Rs 2

Published 30 Jan, 2020 12:00am

Second phase CPEC projects: Ministries asked to set targets, timelines

Prime Minister Imran Khan directed all the relevant ministries on Tuesday to set targets and timelines for timely completion of the second phase projects of social and economic development under the China-Pakistan Economic Corridor (CPEC)

Published 29 Jan, 2020 12:00am

Power sector woes: Circular debt, capacity payment identified as major issues

The National Assembly Standing Committee on Power Division has termed over Rs1.6 trillion circular debt and rapidly increasing capacity payment charges as major issues of power sector, which are having profound impact on the sector and consumers.

Published 29 Jan, 2020 12:00am

NJHP project phase-II likely to be completed by March

The government has maintained that 78 percent work of 969 MW Neelum Jhelum Hydro Power Project Phase-II has been completed and the project is expected to be completed by March 2020 to add power to the system. The total cost of PC-1 is Rs 21.697 billion an

Published 25 Jan, 2020 12:00am

PM to launch Ehsaas Kifalat programme on January 31

Prime Minister Imran Khan will launch Ehsaas Kifalat programme on January 31, 2020 with enhanced cash transfer of Rs6,000 for 7 million poor women beneficiaries.

Published 24 Jan, 2020 12:00am

NJ Surcharge: Government collects over Rs 75 billion from power consumers

The government has collected Rs 75 billion (precisely Rs 74.658 billion) on account of Neelum Jhelum Surcharge from electricity consumers through their electricity bills, revealed the Power Division.

Updated 23 Jan, 2020 06:30am

Circular debt, capacity payment: Senate panel for integrated energy system to tackle issues

Terming the circular debt and capacity payment as primary challenges to the power sector as well as economy, the Senate Standing Committee on Power unanimously underlined the need for developing an integrated energy system to deal with these issues.

Published 22 Jan, 2020 12:00am

Decline in cotton output annoys PM

Prime Minister Imran Khan has expressed concern over decline in cotton production and directed Finance Ministry, Commerce Division and Ministry of National Food Security to submit recommendations after reviewing the proposals with respect to cotton suppor

Published 21 Jan, 2020 12:00am

Wheat import allowed

The Economic Coordination Committee (ECC) of the Cabinet has decided to allow import of 0.3 million tons of wheat to bring down its prices in the local market, subsequent to reported shortage of wheat that led to escalation of flour prices in the country.

Published 21 Jan, 2020 12:00am

Pakistan witnessing cost push inflation: economist

There is a positive relation between discount rate and inflation in Pakistan and 1 percent increase in discount rate contributes 0.7 percent increase in inflation as per the State Bank of Pakistan's own findings (working paper 34 of 2010).

Published 20 Jan, 2020 12:00am

Rs 28 billion disbursed as cash transfers under BISP

The government disbursed Rs 28 billion as cash transfers under the Benazir Income Support Program (BISP) - 32 percent of the total budgeted Rs 120 billion earmarked during the first three months of the year, stated Dr Sania Nishtar, Special Assistant to t

Published 18 Jan, 2020 12:00am

Cut in urea price: PM asks Dawood to come up with proposal

Prime Minister Imran Khan has asked the advisor on commerce to come up with the proposal with respect to reducing the price of per bag urea by Rs 400 to provide relief to farmers.

Published 17 Jan, 2020 12:00am

Construction sector: Industry's status 'very soon': PM

Prime Minister Imran Khan has directed the Competition Commission of Pakistan (CCP) to play an effective role in dealing with trends of cartelization and prevent artificial increase in prices of raw material related to construction sector.

Published 16 Jan, 2020 12:00am

Pakistan

Construction of high-rises: Cabinet to take up proposal for discussion today

A meeting of the federal cabinet would take up proposal of construction of high-rises in Karachi, Lahore and Multan as well as receive presentation on situational analysis of ministries and attached departments by the Prime Minister Office.

Published 14 Jan, 2020 12:00am

PM lays greater emphasis on higher exports

Prime Minister Imran Khan has directed the Commerce Division to fix targets of export growth as increase in exports is priority of the government.

Published 14 Jan, 2020 12:00am

Redressing people's complaints: Citizen Portal has become the most effective tool

The Prime Minister Office received highest number of complaints, as many as 340,339, related to municipal services, followed by 299,701 about energy and power issues, 179,004 belonged to education and 132,161 complaints were with regard to human rights at

Published 12 Jan, 2020 12:00am

Pakistan

Amendments to FERA law aim to regulate forex regime: MoF

The Finance Ministry has stated that amendments to the Foreign Exchange Regulation (FERA) Act 1947 are being sought in order to enable the State Bank of Pakistan (SBP) to regulate the foreign exchange regime in the country more comprehensively.

Published 11 Jan, 2020 12:00am

Rs 30 billion earmarked for 'Hunarmand Pakistan': PM

The Prime Minister on Thursday said that the government has earmarked Rs 30 billion for 'Hunarmand Pakistan' and in the first phase Rs10 billion would be utilized. Under the program, he added that skill training would be provided to 0.5 million youth whil

Published 10 Jan, 2020 12:00am

Shortage of energy, gas supplies: CCoE seeks detailed plan from ministry

The Cabinet Committee on Energy (CCoE) has sought a detailed plan from the Ministry of Energy with regard to dealing the shortage of energy and improving gas supplies throughout the year.

Published 09 Jan, 2020 12:00am

Liquidity position: Lend PSO a helping hand, ECC asks MoF

The Economic Coordination Committee (ECC) of the Cabinet Wednesday directed the Ministry of Finance to explore all possibilities for improving the liquidity position of Pakistan State Oil (PSO) whose exchange losses have soared to around Rs 28 billion on

Published 09 Jan, 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	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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