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Hafeez Shaikh

Caretaker PM: PPP denies consensus on Hafeez Shaikh’s name

Published 08 Aug, 2023 06:37am

ISLAMABAD: Pakistan People’s Party (PPP) Secretary General Nayyar Hussain Bokhari on Monday denied consensus on...

Hafeez Shaikh among candidates shortlisted for caretaker PM: Sanaullah

Updated 07 Aug, 2023 12:59am

Says caretaker set-up would be announced on Wednesday or Thursday

Tarin now appointed adviser to PM

Published 19 Oct, 2021 03:52am

ISLAMABAD: The government, on Monday, appointed Shaukat Fayaz Ahmed Tarin, former finance minister, as Adviser to ...

Rs252bn to be raised through sell-off proceeds

Published 12 Jun, 2021 05:04am

ISLAMABAD: The federal government has budgeted to generate Rs252 billion from privatisation proceeds in financial...

Ecnec reconstituted; Tarin replaces Hafeez as chairman

Published 18 May, 2021 05:05am

ISLAMABAD: The government has reconstituted the Executive Committee of the National Economic Council (Ecnec) and...

Govt seeks easing of conditions

Published 06 May, 2021 03:49am

He also spelled out his plan as the finance minister to negotiate with the IMF and how he wanted to achieve growth, and stated that the PSDP allocation would be fully utilised.

Former finance minister Hafeez Shaikh contracts coronavirus

Published 30 Mar, 2021 02:17pm

"Just found out that Dr Hafeez Shaikh has tested positive for Covid-19. I pray for his swift recovery and good health," recently appointed Finance Minister Hammad Azhar tweeted.

Hammad Azhar to replace Hafeez Shaikh as finance minister

Updated 29 Mar, 2021 09:35pm

As per reports, Federal Minister of Industries and Production Hammad Azhar would be appointed as a replacement for Hafeez Shaikh.
The development comes weeks after PPP candidate Yusuf Raza Gilani defeated Hafeez Shaikh in the Islamabad general seat Senate elections.

PTI, PDM don’t prioritise Karachi: JI

Published 16 Mar, 2021 04:43am

KARACHI: Jamaat e Islami (JI) Karachi chief Engr Hafiz Naeem-ur-Rehman said that unfortunately both the ruling...

Ex-Commerce minister blast at govt decision to withdraw tax exemptions

Published 11 Mar, 2021 02:50pm

Akhtar said unfortunately Pakistan is moving in an opposite direction. “I think this will have a negative impact on Pakistan’s economy,” he said.

‘Senate election showed how we are losing our moral compass’: PM

Published 11 Mar, 2021 09:55am

"Many nations before you were destroyed when there was one law for the powerful and another for the weak," the PM said while quoting the Holy Prophet (PBUH).
The premier added that without justice and rule of law, states disintegrate because once moral authority is lost, deal making (NRO) with the powerful criminals is resorted to.

PM Imran vows to bring election reforms to eliminate corrupt practices

Updated 08 Mar, 2021 09:23pm

“We are taking measures to ensure that next Senate elections would be held through the open ballot,” said Imran Khan.
"The Opposition used money to win the Islamabad seat," he said, referring to Dr Abdul Hafeez Shaikh's surprise loss to former prime minister Yousaf Raza Gilani.

PM Imran directs Hafeez Shaikh to continue as Finance Minister

Updated 06 Mar, 2021 08:58pm

During the meeting PM Imran expressed full confidence in his abilities and asked that he continue his work.
Shaikh had lost a Senate seat from PDM's joint candidate Yousuf Raza Gilani.

Getting Hafeez Shaikh elected to Parliament: There are various options open to govt

Published 06 Mar, 2021 05:01am

ISLAMABAD: The federal government is mulling over different options to bring Finance Minister Hafeez Shaikh to the...

Nawaz asks Imran to step down

Updated 05 Mar, 2021 09:43am

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) supremo and former premier, Nawaz Sharif on Thursday, asked ...

PM holds talks with COAS, ISI chief

Updated 05 Mar, 2021 09:44am

ISLAMABAD: Prime Minister Imran Khan on Thursday held a detailed meeting with Army Chief General Qamar Javed Bajwa...

Senate election: PM Imran questions ECP’s responsibility, transparency

Updated 04 Mar, 2021 07:43pm

"This is important because what problems our nation suffers from stem from the very situation that unfolded yesterday," said Imran Khan.
Premier has already announced to seek vote of confidence from National Assembly on Saturday.

Senate polls: Fawad ‘surprised’ over delay in reforms by ECP

The finance minister was of the view that the latest agreement would make Pakistan an attractive destination for international investors and gobal capital markets.

Hafeez Sheikh submits nomination papers for Senate election

Updated 13 Feb, 2021 02:38pm

Sheikh along with his fellow lawmakers, Azam Swati, Hammad Azhar and others reached the Election Commission of Pakistan (ECP) office to submit his nomination papers.
He was confident that the PTI will emerge victorious in the upcoming Senate elections.

PTI finalises Faisal Vawda, Hafeez Shaikh and others as candidates for Senate polls

Updated 12 Feb, 2021 08:56pm

The Federal Minister for Science and Technology Fawad Chaudhry disclosed the development in a series of tweets stating that the party has finalised most of its candidates for the Senate polls.
"From Sindh, Faisal Vawda will contest the election while Saifullah Abro will contest the election for the technocrats seat as the PTI's candidate," the minister tweeted.

Govt to sign new agreement with IPP’s: Hafeez Shaikh

Published 06 Feb, 2021 01:27pm

On issues revolving the power sector, he said that "there is a lot of focus on the power sector."

Govt committed to ensure provision of essential commodities at affordable prices: Hafeez Shaikh

Published 01 Feb, 2021 09:23pm

Finance secretary outlined the significant decline in year-on-year CPI to 5.7% in January 2021 as compared to 14.6% in January last year.

Pakistan talks with IMF at advanced stage says Hafeez Shaikh

Published 29 Jan, 2021 10:21am

On the wheat shortage issue, he said the government would import 4 million tonnes of wheat during the current year to meet the demand.

Senate elections: List of PTI candidates from Sindh sent to PM

Published 20 Jan, 2021 04:29am

KARACHI: A list of possible Pakistan Tehreek-e-Insaf (PTI) candidates from Sindh for the upcoming Senate elections...

ECC approves 2pc additional cut in customs duties on 152 tariff lines

Published 06 Jan, 2021 09:29pm

The Additional Secretary of the ministry gave a detailed presentation regarding availability of wheat stocks across the country.

Finance Adviser Shaikh urges on improving governance

Published 18 Nov, 2020 02:22pm

Shaikh said that despite the Coronavirus pandemic, the Pakistani economy performed positively, the government distributed financial assistance to the beneficiaries under the Ehsas program and provided a special package for the business community to mitigate the COVID-19 impact.

ECC approves extension of power purchase agreement with Iran

Published 28 Oct, 2020 04:22pm

The ECC granted approval for the renewal of the contract with Tavanir Iran for the purchase of 104MW of electricity subject to vetting by the Ministry of Law and Justice.

Hafeez Shaikh chairs FBR policy board meeting

Published 22 Oct, 2020 09:22pm

During the meeting, the chair also inquired on the progress of clearance of containers on the Torkham Borders.

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Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Oct 1	158.32
USD to Swiss Franc / Oct 1	0.84
Pound Sterling to USD / Oct 1	1.32
Euro to USD / Oct 1	1.13
SOFR % / Sep 29	3.88

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S&P 500 / Sep 30	7,651.54
Nasdaq / Sep 30	26,861.06
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Dow Jones / Sep 30	50,906.05
India Sensex / Oct 1	71,770.30
Tokyo Nikkei / Oct 1	68,956.72
FTSE 100 / Oct 1	10,413.82
Germany DAX 30 / Oct 1	24,851.64
France CAC40 / Oct 1	7,827.14

Item	Value
Petrol/Litre / Oct 1	387.40
Crude Oil USD/Barrel / Oct 1	92.53
Karachi Cotton PKR/37.32 KG / Oct 1	18,480
Gold 10 Grams PKR / Oct 1	376,059
Gold Spot USD/Ounce / Oct 1	4,162.20
Diesel/Litre / Oct 1	400.35
Cotton US¢/pound / Oct 1	78.41

Gainers
Losers
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Stock	Price
Dewan Motors / Oct 1 Dewan Farooque Motors Limited(DFML)	17.49 ▲ 1.59 (10%)
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	196.28 ▲ 17.84 (10%)
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Fazal Cloth / Oct 1 Fazal Cloth Mills Limited(FZCM)	280.46 ▲ 25.5 (10%)
Mandviwala / Oct 1 Mandviwala Mauser Plastic Industries(MWMP)	84.78 ▲ 7.71 (10%)
Popular Islamic / Oct 1 Popular Islamic Modaraba(PIM)	65.60 ▲ 5.96 (9.99%)
Arctic Textile / Oct 1 Arctic Textile Mills Limited(ARCTM)	57.29 ▲ 5.17 (9.92%)
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15.68 ▲ 1.41 (9.88%)
Lse Spac-I Ltd. / Oct 1 Lse Spac-I Limited(SPAC1)	22.36 ▲ 1.95 (9.55%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	124.56 ▲ 10.6 (9.3%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	125 ▼ -39.01 (-23.79%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	45.51 ▼ -5.06 (-10.01%)
First Tri-Star Mod. / Oct 1 First Tri-Star Modaraba(FTSM)	44.03 ▼ -4.89 (-10%)
Pakistan Credit Rating Agency / Oct 1 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	43.67 ▼ -4.85 (-10%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
East West Ins. / Oct 1 East West Insurance Company Limited(EWIC)	59.25 ▼ -6.37 (-9.71%)
Asia Ins. / Oct 1 Asia Insurance Company Limited(ASIC)	32.42 ▼ -3.43 (-9.57%)
Karam Ceramics / Oct 1 Karam Ceramics Limited(KCL)	156.18 ▼ -15.27 (-8.91%)
Power Cem(Pref) / Oct 1 Power Cement (Pref)(POWERPS)	29.62 ▼ -2.87 (-8.83%)
Apna Microfin. / Oct 1 Apna Microfinance Bank Limited(AMBL)	18.07 ▼ -1.73 (-8.74%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	93,751,754 ▲ 0.11
F. Nat.Equities / Oct 1 First National Equities Limited(FNEL)	38,616,570 ▲ 0.09
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	26,026,242 ▼ -0.14
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	25,714,456 ▲ 0.03
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	22,551,198 ▼ -2.9
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	19,722,398 ▲ 0
K-Electric Ltd. / Oct 1 K-Electric Limited(KEL)	17,323,432 ▼ -0.03
WorldCall Telecom / Oct 1 Worldcall Telecom Limited(WTL)	17,315,970 ▼ -0.01
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	16,558,025 ▲ 1.41
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	16,113,756 ▼ -1.8

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