News stories for Huzaima Bukhari

Huzaima Bukhari

Opinion

Fair elections and economic stability

“Gross financing needs are very large, mostly due to large debt service payments, while external market financing...

Published 21 Jul, 2023 07:08am

Opinion

Tax targets versus tax gap — II

The State should not collect advance taxes from those who are not chargeable to tax. Provisions like section 236 of...

Published 19 Jul, 2023 03:21am

Opinion

Tax targets versus tax gap—I

“…the FBR’s revenue target has been increased to Rs 9,415 billion, requiring a 31% increase over collection of...

Updated 14 Jul, 2023 06:47am

Opinion

Unaddressed economic challenges

The debate and anxiety throughout Pakistan in the aftermath of the stalled Extended Fund Facility (EFF) programme...

Updated 07 Jul, 2023 05:59am

Opinion

Flawed budgetary measures

Pakistan’s prevailing outlook paints a grim picture of a state in deep trouble. In view of perpetual political...

Updated 02 Jul, 2023 10:36am

Opinion

FY23: a very bad year for economy

The Economic Survey of Pakistan (2022-23), released by the Ministry of Finance (MoF), as per tradition a day before...

Published 23 Jun, 2023 06:00am

Opinion

Budget 2023-24: Impediments to a viable economy

The provisional data issued by the National Accounts Committee portray a bleak picture of the economy where real GDP...

Published 16 Jun, 2023 06:27am

Opinion

Budget-2023-24: Yet another ritualistic exercise

Majority of the Pakistanis are going to be dejected after hearing the second budget of the outgoing alliance...

Updated 09 Jun, 2023 07:00am

Opinion

IMF, Constitution & tax codes

“The International Monetary Fund (IMF) on Monday urged Pakistan to follow the Constitution in order to resolve its...

Published 02 Jun, 2023 03:56am

Opinion

Paradigm shift in tax policy

‘The impact of economic growth on the lives of people is partly a matter of income distribution, but it also...

Published 26 May, 2023 06:48am

Opinion

Budget, taxes, revival & growth

Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are ...

Published 19 May, 2023 06:17am

Opinion

Time to invest in human capital

The contemporary concept of a “nation state” revolves around a nation, community and/or society that is...

Updated 12 May, 2023 06:24am

Opinion

Critical economic challenges

Pakistan’s recent economic crisis, brewing since last few years, intensified in the last quarter of fiscal year...

Published 05 May, 2023 06:44am

Opinion

Constitution and right to privacy

The Supreme Court of Pakistan, in Mohtarma Benazir Bhutto and Others v President of Pakistan and Others (1998 PLD SC...

Published 28 Apr, 2023 06:08am

Opinion

Time to invest in ESG

The global community is working to transform the world by implementing sustainable development goals (SDGs) to...

Updated 21 Apr, 2023 02:56pm

Opinion

Disastrous year under the PDM

Pakistan’s economy is under stress with low foreign reserves and high inflation. Activity has fallen with policy...

Updated 14 Apr, 2023 07:05am

Opinion

Constitution, trichotomy & crises

April 10, 2023 marks 50 years of 1973 Constitution of Islamic Republic of Pakistan. The constitution of Pakistan has...

Updated 07 Apr, 2023 06:30am

Opinion

Daunting fiscal challenges

Since the assumption of power in April 2022, the coalition government of Pakistan Democratic Movement (PDM) has been...

Published 31 Mar, 2023 06:45am

Opinion

Disclosure principles of ‘beneficial ownership’

It is common practice across the globe that anonymous shell companies are formed to hold funds or conduct financial...

Published 24 Mar, 2023 05:55am

Opinion

New FATF guidelines: Shell companies and beneficial ownership

Shell companies are considered the safest means to stash wealth created through criminal activities. Incorporation ...

Updated 17 Mar, 2023 06:42am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 5	288.49

Gainers
Losers
Leaders

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

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

Stock	Volume
P.I.A.C.(A) / May 5 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 5 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 5 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 5 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 5 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 5 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 5 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 5 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 5 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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