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Miftah Ismail

Testing the waters?

EDITORIAL: Last January three prominent politicians, Shahid Khaqan Abbasi and Miftah Ismail from the PML-N and...

Published 02 Oct, 2023 06:55am

Editorials

Big decline in remittances

EDITORIAL: Remittance inflows declined during the first two months of the current fiscal year against the comparable...

Published 15 Sep, 2023 06:31am

Business & Finance

FY23: Ismail Industries Limited reports profit of Rs5.89bn, 157% higher YoY

Ismail Industries Limited (ISIL), manufacturer of sugar confectionery items, reported a profit after tax (PAT) of...

Published 08 Sep, 2023 02:33pm

Opinion

PARTLY FACETIOUS: IMF doesn’t buy into govt data

“So the International Monetary Fund (IMF) rejected government data as well as the proposal?” “Right, so there...

Published 06 Sep, 2023 03:37am

Power sector woes: ‘Privatisation’ of Discos emerges as long-term solution

ISLAMABAD: The government had the only viable option to spread electricity bills of July in the next four to five...

Updated 01 Sep, 2023 11:09am

Business & Finance

Power bills: Miftah says IMF not likely to give any relief

ISLAMABAD: Former finance minister Miftah Ismail has claimed that without seeking permission from the International...

Published 28 Aug, 2023 06:27am

Editorials

The govt debt

EDITORIAL: State Bank of Pakistan (SBP) has uploaded government debt figures on its website that support the view of...

Updated 22 Aug, 2023 06:48am

Editorials

Abbasi sets the record straight

EDITORIAL: Former prime minister and senior PML-N (Pakistan Muslim League-Nawaz) leader Shahid Khaqan Abbasi pulled...

Updated 16 Aug, 2023 06:12am

Opinion

PARTLY FACETIOUS: There is Plan A, Plan B, Plan C, Plan D, maybe even up to Plan Z

“What is the difference between institutional thinking and political parties’ thinking?” “You are kidding me...

Updated 11 Aug, 2023 05:53am

Pakistan

LNG case against Khaqan, others transferred to court of special judge

ISLAMABAD: The Accountability Court on Wednesday transferred Liquefied Natural Gas (LNG) case against the former...

Updated 10 Aug, 2023 11:03am

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

Former finance minister Miftah quits PML-N

ISLAMABAD: Former finance minister and Pakistan Muslim League-Nawaz (PML-N) stalwart Miftah Ismail on Saturday left...

Updated 25 Jun, 2023 10:36am

Pakistan

Miftah resigns as general secretary of PML-N Sindh

Former finance minister says decision driven by upcoming reorganisation of the party structure

Published 24 Jun, 2023 03:16pm

Editorials

Dynastic democracy

EDITORIAL: There is nothing similar to or as good as intra-party elections in the country’s top political parties...

Published 22 Jun, 2023 05:45am

Opinion

The Fund strikes back

It didn’t take long for the IMF (International Monetary Fund) to red-flag the budget, did it? Just as feared in...

Published 15 Jun, 2023 06:03am

Opinion

Understanding and addressing fault lines–I

The Economist in its edition of May 13-19th 2023 has pointed out that the 10-year USD-denominated sovereign bond of...

Updated 15 Jun, 2023 06:39am

Pakistan

Pakistan’s budget caught between IMF expectations and election

Former finance minister Miftah Ismail says govt will come up with a budget that is more or less in line with IMF prescriptions

Updated 07 Jun, 2023 06:18pm

Business & Finance

You don’t need AI to predict Dar’s budget speech. This is how it will likely go

Finance Minister Ishaq Dar is scheduled to announce the budget proposals this Friday. He last announced the budget...

Updated 06 Jun, 2023 11:59pm

Editorials

Monthly economic update

EDITORIAL: The release of the Economic Update and Outlook for the month of May, through a Whatsapp message to beat...

Published 05 Jun, 2023 03:27am

Opinion

The slow poisoning of economy?

Some of the budget proposals circulating in the media — especially those recommended by the reforms and revenue...

Updated 29 May, 2023 12:15pm

Editorials

Embittered Miftah has a point

EDITORIAL: Former finance minister Miftah Ismail’s idea of creating more provinces by giving each division the...

Updated 23 May, 2023 07:09am

Pakistan

Govt unaware of true extent of ongoing economic crisis: Miftah Ismail

Pakistan has always managed to avert issues and this is why the current plight is being treated 'like any other', says former finance minister

Updated 18 May, 2023 07:15pm

Opinion

When and who must table FY24 budget?

With the exact date for the next elections still not set, be it by order of the apex court or a consensus between ...

Published 01 May, 2023 03:28am

Pakistan

Govt will have to save Pakistan from default for next two years: Miftah Ismail

Former finance minister says Pakistan will need to enter another IMF programme

Updated 29 Apr, 2023 08:24pm

Editorials

The LSMI slide

EDITORIAL: Large Scale Manufacturing Industries (LSMI) output suffered yet another hit in February 2023 against...

Published 19 Apr, 2023 06:36am

Pakistan

PDM, Imran Khan, chief justice and COAS need to hold talks: Shahid Khaqan

Former PM says political parties need to act before people come out on the streets

Published 15 Apr, 2023 09:00pm

Opinion

The IMF-govt trust deficit

The Pakistani public is being subjected to extremely disturbing macroeconomic indicators with each subsequent update...

Published 27 Mar, 2023 06:15am

Editorials

Dangerous impasse on numerous fronts

EDITORIAL: Overwhelming evidence indicates that all sectors are suffering from a deepening malaise of, at best,...

Published 25 Mar, 2023 06:25am

Editorials

‘Reimagining Pakistan’

EDITORIAL: Ideas about rescuing the economy, especially about ending its dependence on donor bailouts, come a dime a...

Published 20 Mar, 2023 06:12am

Opinion

Things are still difficult for the Sharifs

Miftah Ismail of Pakistan Muslim League-Nawaz (PML-N) has been speaking his mind in a blunt way ever since he was...

Published 20 Mar, 2023 06:12am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 29 786 Investments Limited(786)	5.61 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 29 Al-Abbas Sugar Mills Limited(AABS)	513.38 ▼ 0.00 (0.00%)
Agro Allianz / Nov 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 29 Allied Bank Limited(ABL)	82.39 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 29 Abbott Laboratories (Pakistan) Limited(ABOT)	475.95 ▼ 0.00 (0.00%)
Abson Ind. / Nov 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 29 Alfalah Consumer Index ETF.(ACIETF)	10.21 ▼ 0.00 (0.00%)
Attock Cement / Nov 29 Attock Cement Pakistan Limited(ACPL)	92.22 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 29 786 Investments Limited(786)	5.61 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 29 Al-Abbas Sugar Mills Limited(AABS)	513.38 ▲ 0.00 (0.00%)
Agro Allianz / Nov 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 29 Allied Bank Limited(ABL)	82.39 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 29 Abbott Laboratories (Pakistan) Limited(ABOT)	475.95 ▲ 0.00 (0.00%)
Abson Ind. / Nov 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 29 Alfalah Consumer Index ETF.(ACIETF)	10.21 ▲ 0.00 (0.00%)
Attock Cement / Nov 29 Attock Cement Pakistan Limited(ACPL)	92.22 ▲ 0.00 (0.00%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▲ 0.00
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▲ 0.00
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.00
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▲ 0.00
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▲ 0.00
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▲ 0.00
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▲ 0.00
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▲ 0.00
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▲ 0.00
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	147.02
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.27
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
India Sensex / Nov 28	66174.20
Tokyo Nikkei / Nov 28	33283.70
Nasdaq / Nov 28	14281.76
Hang Seng / Nov 28	17354.14
FTSE 100 / Nov 28	7455.24
Dow Jones / Nov 28	35416.98
Germany DAX 30 / Nov 28	15992.67
France CAC40 / Nov 28	7250.13

Item	Value
Crude Oil USD/Barrel / Nov 28	76.66
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Gold Spot USD/Ounce / Nov 28	2045.04
Cotton US¢/pound / Nov 28	79.60

Calculate your monthly liability in FY24

Miftah Ismail

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