News stories for Shahid Sattar

Shahid Sattar

Opinion

On the edge of a precipice

The World Bank recently warned that Pakistan’s economy is on the edge of a precipice. Any more of the same will...

Published 16 Oct, 2023 05:47am

Opinion

Economic recovery hamstrung by energy issues

Pakistan has been facing a host of challenges that have seriously impacted its development, growth, economic ...

Updated 09 Oct, 2023 06:56am

Perspectives

Current cotton crop conditions, production trends, and traceability

The Punjab province, known as the largest cotton-producing region in Pakistan, has been grappling with a severe pest...

Updated 07 Oct, 2023 07:55pm

Opinion

Export sector: prohibitive energy costs

If the economy is to be stabilized, exports can no longer afford to pay for the energy sector’s failures and...

Published 03 Oct, 2023 06:02am

Opinion

Our planet is choking on plastic—II

Importantly, in the EU’s Circular Economy Action Plan, plastic is one of the priority areas of this circular...

Published 03 Oct, 2023 06:02am

Opinion

Our planet is choking on plastic

According to the UNEP, 3.3 million tons of plastic waste is produced in Pakistan each year. 250 million tons of...

Updated 26 Sep, 2023 07:16am

Opinion

UFG: the elephant in the room

Natural gas is the most important energy source in Pakistan’s energy mix providing 40% of its primary energy...

Published 21 Sep, 2023 06:37am

Opinion

Sales tax blues

Given rampant sales tax evasion and slowdown in consumer demand, the government is highly unlikely to meet its...

Published 11 Sep, 2023 06:32am

Opinion

The circular debt paradox

The power sector has an annual turnover of around Rs 3.3 trillion. Of this, collection stands at around 88 percent,...

Updated 04 Sep, 2023 06:43am

Opinion

Fiscal discipline key to reforms

Before Pakistan can embark on the long and tedious journey of structural reforms, fiscal discipline must be embraced...

Published 23 Aug, 2023 05:50am

Opinion

Economy needs stimulus

The economy is headed towards a deep recession. Only a well-targeted fiscal stimulus can avert the incoming crisis....

Published 18 Aug, 2023 06:13am

Opinion

Cotton ‘crisis’: challenges, opportunities, and way forward–II

However, the initiative faces challenges such as ensuring quality seeds, adopting advanced farming techniques, and...

Published 06 Aug, 2023 03:18am

Opinion

Cotton ‘crisis’: challenges, opportunities, and way forward–I

Stagnation in Pakistan’s rural economy has been ongoing over the last decade for a multitude of reasons. The...

Published 02 Aug, 2023 06:47am

Opinion

Exports collapsing under power sector burden

The fundamental premise upon which the foundations of modern-day economics stand is that resources are finite and...

Published 27 Jul, 2023 06:26am

Opinion

Beyond the needle and thread: Women’s empowerment through textile exports

Women hold up half the sky, but whether they are compensated for this effort in Pakistan remains questionable. As of...

Updated 07 Jun, 2023 06:42am

Opinion

Income inequality: export-led growth only solution

Pakistan is currently in difficult circumstances, grappling with deindustrialization and widespread unemployment. ...

Published 18 May, 2023 06:10am

Opinion

Traceability essential for sustainability

UNDERSTANDING TRACEABILITY The United Nations Global Compact defines traceability as ‘the ability to identify and...

Published 07 May, 2023 03:21am

Opinion

Remittances: boon or bane for growth?–II

The Dutch Disease is characterized by a rapid increase in one sector at the cost of other sectors. Firstly, the...

Updated 20 Apr, 2023 07:03am

Opinion

Remittances: boon or bane for growth?–I

Pakistan is the sixth largest recipient of remittances in the world, with the State Bank of Pakistan declaring a...

Published 19 Apr, 2023 06:36am

Opinion

Future at stake: deindustrialization–II

The analysis presented in the first part (carried by the newspaper on Wednesday) of this two-part series of article...

Published 16 Apr, 2023 03:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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