News stories for Dr Ikramul Haq

Dr Ikramul Haq

Opinion

Leaks without reckoning

Pakistan has spent an entire decade turning revelations of offshore wealth into political theatre. Names emerge,...

Published 30 Oct, 2026 06:38am

Opinion

FBR and the same old cure!

Pakistan’s tax reform tragedy is captured in Mir Taqi Mir’s unforgettable couplet: “Mir kya saada hain, beemaar hue...

Updated 23 Oct, 2026 06:39am

Opinion

Extraction & POL price fixing

Bottom line first, Pakistan’s current petroleum pricing mechanism is no longer an energy policy instrument; it is a...

Updated 16 Oct, 2026 10:11pm

Opinion

Financing the state, starving growth

Three recent interventions have opened one of Pakistan’s most important economic debates. Shahid Kardar argues that...

Updated 09 Oct, 2026 07:02am

Opinion

Constitution & IMF’s benchmarks

The federal finance secretary has told a parliamentary committee that the International Monetary Fund (IMF) wants...

Published 02 Oct, 2026 05:28am

Opinion

FBR: Reforms at what cost?

Pakistan’s tax administration is again being offered a foreign-financed technological cure. The Central Development...

Updated 25 Sep, 2026 06:31am

Opinion

The price of incomplete devolution

The federal expenditure of defence plus ministries is Rs 3.3 billion plus Rs. 3 trillion (subsidies, PSDP &...

Published 18 Sep, 2026 05:15am

Opinion

GST harmonisation

Pakistan needs one seamless consumption-tax system without sacrificing provincial ownership The World Bank’s ‘2026...

Updated 11 Sep, 2026 08:05am

Opinion

Revisiting land reforms

A report from the then Dacca, published 75 years ago, unsettles a convenient assumption about Pakistan’s agrarian...

Published 04 Sep, 2026 05:29am

Opinion

FBR’s 5.2pc direct-tax illusion

Celebrations at Federal Board of Revenue (FBR) headquarters on July 1, 2026 were unusually theatrical. Finance...

Published 28 Aug, 2026 06:29am

Opinion

FCC order and extraterritorial taxation

A two-page unreported order of the Federal Constitutional Court (FCC) of Pakistan in the Mirpurkhas Sugar Mills...

Published 21 Aug, 2026 05:34am

Opinion

Independence without fiscal sovereignty

Today (August 14, 2026), Pakistan completes 79 years as an independent state. Political sovereignty passed from...

Published 14 Aug, 2026 05:48am

Opinion

Beyond tax-to-GDP ratio

Every pre and post budget debate in Pakistan presents a familiar headline: the country’s tax-to-GDP ratio remains...

Published 07 Aug, 2026 05:15am

Opinion

Punjab’s digital tax ‘illusion’

Punjab’s latest experiment with restaurant and other vendors’ service taxation, receiving payment through digital...

Published 31 Jul, 2026 05:44am

Opinion

‘Peacemaking’ with shopkeepers

Pakistan’s fiscal crisis has persisted for decades; however, every successive government has attempted to resolve it...

Published 24 Jul, 2026 05:06am

Opinion

Beyond Rs 13 trillion tax collection!

Every year, immediately after the close of the fiscal year, the nation is presented with a familiar narrative. The...

Published 17 Jul, 2026 05:46am

Opinion

Debt accumulation & failed fiscal model

The latest debt bulletin of the State Bank of Pakistan (SBP) confirms what many economists have feared for years. By...

Published 10 Jul, 2026 05:43am

Opinion

Every Finance Act tells two stories

That every Finance Act tells two stories is a fact. One is written in statutory language through new sections,...

Published 03 Jul, 2026 05:13am

Opinion

Deadly tentacles of narcoterrorism

June 26, 2026 marks the International Day against drug abuse and illicit trafficking. The worldwide observance,...

Updated 26 Jun, 2026 06:25am

Opinion

Finance Bill 2026: Extraction cannot deliver!

Every Finance Bill is presented as an instrument of reform! Governments speak of documentation, broadening the tax...

Published 19 Jun, 2026 05:50am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 3	276.91 ▼ -0.05
USD PKR Interbank Buying / Nov 3	276.71 ▼ -0.01
USD to Japanese Yen / Nov 4	158.12 ▼ -0.25
USD to Swiss Franc / Nov 4	0.82 ▼ -0.0012
Pound Sterling to USD / Nov 4	1.35 ▲ 0.0016
Euro to USD / Nov 4	1.12 ▲ 0.0014
SOFR % / Nov 2	3.95 -

Stock	Volume
India Sensex / Nov 4	76,731.18
Tokyo Nikkei / Nov 4	60,835.36
Hang Seng / Nov 4	23,474.67
FTSE 100 / Nov 4	10,665.01
Germany DAX 30 / Nov 4	25,990.27
France CAC40 / Nov 4	8,057.09
S&P 500 / Nov 3	7,568.92
Nasdaq / Nov 3	25,372.01
Dow Jones / Nov 3	51,786.72

Item	Value
Petrol/Litre / Nov 4	369.06
Crude Oil USD/Barrel / Nov 4	96.56
Karachi Cotton PKR/37.32 KG / Nov 4	18,080
Gold 10 Grams PKR / Nov 4	365,257
Gold Spot USD/Ounce / Nov 4	4,017.43
Diesel/Litre / Nov 4	391.52
Cotton US¢/pound / Nov 4	78.20

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Nov 4 Pervez Ahmed Consultancy Services Ltd.(PASL)	5.96 ▲ 1 (20.16%)
Kohinoor Mills / Nov 4 Kohinoor Mills Limited(KML)	8.77 ▲ 0.9 (11.44%)
First AL-Noor Mod. / Nov 4 First Al-Noor Modaraba(FANM)	10.62 ▲ 1 (10.4%)
Burshane LPG / Nov 4 Burshane LPG (Pakistan) Limited(BPL)	65.53 ▲ 5.96 (10.01%)
Paramount Mod / Nov 4 First Paramount Modaraba(FPRM)	13.52 ▲ 1.23 (10.01%)
ARM Green Industries / Nov 4 ARM Green Industries Limited(ARMG)	61.62 ▲ 5.6 (10%)
B.O.Punjab / Nov 4 The Bank of Punjab(BOP)	30.90 ▲ 2.81 (10%)
Data Agro / Nov 4 Data Agro Limited(DAAG)	134.49 ▲ 12.23 (10%)
Dadex Eternit / Nov 4 Dadex Eternit Limited(DADX)	133.65 ▲ 12.15 (10%)
F.Credit & Inv / Nov 4 First Credit and Investment Bank Limited(FCIBL)	170.73 ▲ 15.52 (10%)

Stock	Price
Bawany Air Products (R) / Nov 4 Bawany Air Products Limited Right(BAPLR1)	1.62 ▼ -1 (-38.17%)
Sindh Modaraba / Nov 4 Sindh Modaraba(SINDM)	66.58 ▼ -7.4 (-10%)
Unicap Modaraba / Nov 4 Unicap Modaraba(UCAPM)	22.87 ▼ -2.54 (-10%)
Select Technologies / Nov 4 Select Technologies Limited(SELECT)	21.85 ▼ -2.39 (-9.86%)
Ningbo Green Light / Nov 4 Ningbo Green Light Energy Limited(NGLEL)	12.47 ▼ -1.35 (-9.77%)
Nets Internat.Comm. / Nov 4 Nets International Communication Limited(GEMNETS)	22.04 ▼ -1.96 (-8.17%)
Bawany Air Products / Nov 4 Bawany Air Products Limited(BAPL)	15.24 ▼ -1.14 (-6.96%)
Quetta Textile / Nov 4 Quetta Textile Mills Limited(QUET)	14.16 ▼ -0.99 (-6.53%)
Arctic Textile / Nov 4 Arctic Textile Mills Limited(ARCTM)	73.72 ▼ -5.02 (-6.38%)
Premier Insurance (R) / Nov 4 Premier Insurance Limited (RIGHT)(PINLR)	0.75 ▼ -0.05 (-6.25%)

Stock	Volume
TPL Properties / Nov 4 TPL Properties Limited(TPLP)	67,850,995 ▲ 0.68
B.O.Punjab / Nov 4 The Bank of Punjab(BOP)	58,197,068 ▲ 2.81
K-Electric Ltd. / Nov 4 K-Electric Limited(KEL)	57,363,507 ▲ 0.37
Cnergyico PK / Nov 4 Cnergyico PK Limited(CNERGY)	52,074,270 ▲ 0.23
Pervez Ahmed Consultancy / Nov 4 Pervez Ahmed Consultancy Services Ltd.(PASL)	42,695,909 ▲ 1
WorldCall Telecom / Nov 4 Worldcall Telecom Limited(WTL)	28,045,596 ▼ -0.01
Maple Leaf Cement / Nov 4 Maple Leaf Cement Factory Limited(MLCF)	22,403,199 ▲ 4.51
Pak Elektron / Nov 4 Pak Elektron Limited(PAEL)	17,418,970 ▲ 1.16
Bawany Air Products (R) / Nov 4 Bawany Air Products Limited Right(BAPLR1)	16,696,187 ▼ -1
Beco Steel Ltd / Nov 4 Beco Steel Limited(BECO)	15,130,613 ▲ 0.3

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