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Hafeez Sheikh

Aurangzeb: legitimate expectations?

Expectations are extremely high with the appointment of Muhammad Aurangzeb as finance minister on 11 March 2024 – ...

Published 18 Mar, 2024 04:56am

Opinion

PARTLY FACETIOUS: Appointment of yet another revolving finance minister

“I was saddened.” “By what?” “The appointment of yet another revolving finance minister.” “Hey look at...

Published 24 Aug, 2023 06:22am

Opinion

PARTLY FACETIOUS: Dar doesn’t like qualified economists

“Ishaq Dar says that he has to fix the economy that was mishandled by the inexperienced Khan administration.”...

Published 17 Feb, 2023 06:00am

Opinion

PARTLY FACETIOUS: Journalists and generalists

“We are a nation of generalists.” “I don’t get you.” “We have a law minister who has a commerce degree,...

Published 30 Nov, 2022 05:53am

Opinion

PARTLY FACETIOUS: ZB does receive some spiritual guidance

“So any lessons learned?” “As a race we Pakistanis are not given to learning any lessons from our mistakes or...

Published 18 Nov, 2022 05:53am

Opinion

Has Ishaq Dar lost his magic?

Statesmanship demands maintaining a delicate balance between economy and politics. Unfortunately, the scales world...

Published 24 Oct, 2022 05:45am

Opinion

PARTLY FACETIOUS: Our finance ministers

“We have had five finance ministers, not including The Khan’s Interim man Hammad Azhar, so any commonalities...

Published 15 Oct, 2022 05:38am

Opinion

PARTLY FACETIOUS: A conspiracy is brewing…

“I have it on good authority that a conspiracy is brewing.” “Against The Khan again! I mean…” ...

Published 01 Jul, 2022 06:13am

Opinion

PARTLY FACETIOUS: A gag order may work better

“The Boy Who Cried Wolf.” “That Boy fooled his village people three times right and then was eaten by the...

Published 09 Jun, 2022 06:18am

Pakistan

Court issues notice to NAB in reference against Hafeez Sheikh

KARACHI: Accountability Court Karachi on Saturday issued notice to the NAB prosecutor in a graft reference against...

Published 29 May, 2022 06:48am

Pakistan

AC grants interim bail to Hafeez Sheikh

KARACHI: Accountability Court Karachi on Friday granted interim bail to former finance minister Hafeez Sheikh in a...

Published 28 May, 2022 05:11am

Opinion

PARTLY FACETIOUS: Maryam uses daddy’s full name

“Hammad Azhar, our dynamic minister for…for…what’s his latest portfolio?” “Don’t be facetious. You...

Published 07 Dec, 2021 06:29am

Opinion

Markets really hate uncertainty

Markets across Asia rallied on Tuesday as Tokyo, Hong Kong, Shanghai, Sydney, Singapore, Wellington, Taipei, Manila...

Updated 11 Nov, 2021 01:13pm

Editorials

IMF may have its way

EDITORIAL: A Business Recorder exclusive news report has revealed that the government has agreed to pass on the...

Updated 14 Oct, 2021 10:35am

Editorials

Defending the budget

EDITORIAL: The statement of PML-N’s Birjees Tahir on the floor of the house that the budget 2021-22 was a “pack...

Published 23 Jun, 2021 04:26am

Extremely generous Eidi?

The budget 2021-22 can best be described as an extremely generous Eidi to the people of this country: 10 percent...

Updated 12 Jun, 2021 01:43pm

Opinion

PARTLY FACETIOUS: The FY21 growth rate

“Hammad Azhar was the first to boast of a 4 percent growth rate…” “So? He is a member of the cabinet.”...

Published 25 May, 2021 04:40am

Opinion

Perhaps the last chance

Prime Minister Imran Khan this week again said that the appointment of Shaukat Tarin as finance minister is aimed at...

Published 22 May, 2021 04:05am

Opinion

Finance minister Tarin working harder

It is heartening to learn that the government has successfully devised a strategy to move towards sustainable...

Published 12 May, 2021 04:23am

Editorials

Inflation time bomb ticks away

EDITORIAL: That the gap between actual prices of essential food items and rates fixed by district administrations ...

Published 01 May, 2021 03:28am

Opinion

Tarin versus Sheikh

The appointment of Shaukat Tarin as federal finance minister is generating considerable controversy particularly in...

Published 26 Apr, 2021 03:29am

Editorials

PTI and poverty reduction

EDITORIAL: The prime minister has come to the correct conclusion, perhaps a little late in the day, that the success...

Published 24 Apr, 2021 03:21am

Editorials

Putting a lid on inflation

EDITORIAL: Finance Minister Hammad Azhar is right to make rising inflation his top priority right at the start. It...

Published 11 Apr, 2021 05:27am

Opinion

Ghulam Ishaq Khan was extremely good at market dynamics

Like his predecessors, new finance minister Hammad Azhar has ordered a slew of steps aimed at arresting the alarming...

Published 09 Apr, 2021 04:51am

Opinion

Partly Facetious: Politics a big gamble

“There is something about overplaying one’s hands that leads you to defeat.” “I am not sure which card game...

Published 08 Apr, 2021 04:10am

Opinion

Hafeez Sheikh – a final farewell?

Dr Hafeez Sheikh was dismissed on 29 March 2021, ten and a half weeks before completing the six month tenure as the...

Updated 05 Apr, 2021 10:42am

Opinion

In defence of Dr Hafeez Sheikh — II

But how ironic it is that Asad Umar who lost finance portfolio for opposing the IMF programme or its harsh...

Published 02 Apr, 2021 04:58am

Opinion

PARTLY FACETIOUS: Hafeez, too, tested positive for Covid-19

“Now that Hafeez Sheikh has departed…” “He is still in the country I reckon – packing.” “May I tell...

Published 01 Apr, 2021 04:10am

Opinion

In defence of Dr Hafeez Sheikh — I

This is apropos a Business Recorder editorial “Hafeez Sheikh: ignominious exit” carried by the newspaper...

Published 01 Apr, 2021 04:10am

Pakistan

Removal of Hafeez: PPP for reviewing agreements with IMF

ISLAMABAD: The Pakistan People’s Party (PPP) has questioned the removal of Finance Minister Hafeez Sheikh from the...

Published 31 Mar, 2021 05:42am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	155.81
USD to Swiss Franc / May 16	0.91
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 16	5297.10
India Sensex / May 16	73663.72
Tokyo Nikkei / May 16	38697.69
Nasdaq / May 16	16698.32
Hang Seng / May 16	19535.72
FTSE 100 / May 16	8438.65
Dow Jones / May 16	39869.38
Germany DAX 30 / May 16	18738.81

Item	Value
Crude Oil USD/Barrel / May 16	79.42
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2377.52
Cotton US¢/pound / May 16	76.26
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Hafeez Sheikh

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