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Miftah Ismail

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

‘Large and long’?

Not much of what new finance minister, Muhammad Aurangzeb, said in his first official media interaction was new –...

Published 14 Mar, 2024 03:00am

Pakistan

Forget growth for four years, follow IMF programme in letter and spirit to fix economy: Miftah Ismail

KARACHI: Pakistan has for the last two to three years approached the International Monetary Fund (IMF) and agreed to...

Published 17 Feb, 2024 10:27pm

Pakistan

Tax on ‘deemed income’: interim relief till February 19

The Supreme Court of Pakistan (SC) has granted interim relief to petitioners seeking exemption on Section 7E (tax on...

Published 23 Jan, 2024 05:05pm

Editorials

Soaring govt borrowing: grim fiscal reality

EDITORIAL: State Bank of Pakistan (SBP) reported a statistic that should send alarm bells ringing throughout the...

Published 28 Dec, 2023 04:52am

Editorials

Reaping the result of Dar’s stubbornness?

EDITORIAL: In a spirited defence of his signature policy to control the external value of the rupee, former...

Updated 30 Nov, 2023 04:27pm

Editorials

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Miftah Ismail

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