News stories for Tahir Jahangir

Tahir Jahangir

Opinion

Indus River indeed an ‘ever-flowing’ river

To divert or stop the waters of the “Sarnash”, the name of the Indus in Hindu mythology means the “ever...

Updated 11 Jun, 2025 08:27am

Opinion

Trump tariffs – a threat to our exports

The imposition of 29% additional tariffs on our exports to the USA will be highly disruptive to our exports to the...

Published 08 Apr, 2025 06:13am

Opinion

Textile exports will start falling soon

It seems that our economic planners are living in a fantasy world. Contrary to our budgetary expectations, which...

Updated 24 Jul, 2024 08:35am

Opinion

A timid budget by a hesitant govt

The budget was really not a budget per se. We have come to expect major policy measures being enacted, loads of ...

Updated 15 Jun, 2023 06:31am

Opinion

The cost of anti-export bias

Our country in general and our bureaucracy in particular have a strange bias against exports and a particular...

Published 13 Jun, 2023 06:00am

Opinion

Decline in our exports

There are two major factors behind the decline of the dollar value of our textile exports. The first is a drop in ...

Published 05 May, 2023 06:44am

Opinion

The grim challenge of import addiction

We are addicted to foreign goods. As a child I remember hankering for foreign chocolates and toffees, as an adult I...

Updated 27 Apr, 2023 07:06am

Opinion

Stern business of funny money

In the mid-1990s the Soviet Union had collapsed and my friend Tariq Usman Haider was appointed as the envoy to...

Published 07 Mar, 2023 03:16am

Opinion

Let’s tighten our belts for one year: all will be well

There comes a time in almost any life, when one has to tighten one’s belt and rein in one’s consumption, for the...

Updated 23 Feb, 2023 06:14am

Opinion

Faltering exports – the longer term for textiles

When India was partitioned “West Pakistan” had only two cotton yarn spinning mills and “East Pakistan” had no jute...

Updated 18 Jan, 2023 07:26am

Opinion

Faltering exports

The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we...

Updated 10 Jan, 2023 06:51am

Opinion

Export growth won’t be easy from now on

Ever since the rupee-dollar parity was allowed to be determined by market forces the Rupee depreciated dramatically...

Published 14 Sep, 2022 04:45am

Opinion

Navigating exchange rate labyrinth

Classical economic theory of demand and supply for goods applies just as well to a currency, the Pak rupee, the...

Published 18 May, 2022 05:54am

Opinion

The exchange rate challenge

It is interesting to see that as far as the economic priorities are concerned, there seems to be an unannounced...

Published 11 May, 2022 04:58am

Opinion

The same old cul-de-sac…

Once again we have arrived at the same impasse. The path ends in a dead end. On both sides, and in front of us there...

Published 09 Feb, 2022 05:46am

Opinion

Export ‘boom’ may not last long

Jubilation at a 24% growth in exports in US dollar terms is not entirely justified. About 15% of this 24 % is really...

Published 08 Jul, 2021 04:22am

Opinion

Where are billions of dollars collected as EDS?

Let me explain what constitutes EDS. It stands for “Export Development Surcharge.” This is a deduction of a...

Published 19 May, 2021 06:00am

Opinion

Improving value-added exports: some suggestions

A new team has taken over the Ministry of Finance in Islamabad. Let us hope they will be more amenable to issues...

Published 12 May, 2021 04:23am

Dire prospects for value-added textile industry

The worldwide attention given to the plight of the Uighurs in the Chinese Xinjiang province has led to a conscious...

Published 01 Mar, 2021 06:13am

Opinion

Jubilation at export growth is premature

The fact that exports this financial year, July 2020 onwards are much higher than they were in the same months the...

Published 21 Jan, 2021 04:23am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

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