Connect with us

Business

SDPI enters club of top 100 global index

Published

on

ISLAMABAD: Sustainable Development Policy Institute (SDPI) has entered 100 top think tanks’ global club with its ranking on 15th in the index in Asia and the Pacific. It is declared 38th as World’s top trans-disciplinary research think tank and on the similar ranking in Best Quality Assurance and Integrity Policies and Procedures category, said an SDPI press release.

According to the 2015 Global Go To Think Tank Index, the ranking is done among 6486 Think Tank (TT) globally nominated by eminent experts, policy makers, and public thought leaders, said a news release issued here on Monday.

TT and civil society programme of University of Pennsylvania on an annual basis has been doing the ranking since 2008. The report was launched in Washington, DC, (World Bank and Wilson Center), Philadelphia (University of Pennsylvania) and in New York (United Nations).

The index ranks Brookings Institution (US) as world’s TOP TT. Among non US Think Tanks Chatham House is World’s TOP TT while SDPI has been ranked 38th as World’s Top Trans-disciplinary Research TT.

Woodrow Wilson International Center for Scholars (US); RAND Corporation (US); Brookings Institution (US); Chatham House (UK) and Council on Foreign Relations (CFR) (US) are the top five TTs in this category.

SDPI has been placed 65th as World’s Top Environment Policy TT. World Resources Institute (US); Stockholm Environment Institute (Sweden); Worldwatch Institute (US); Brookings Institution (US); and Center for Climate and Energy Solutions (US) are the top five TTs in this category.

Source:APP

Business

PSX: Bourse closes at 40,248 shedding 17 points!

Published

on

KARACHI: Continued political noise discouraged investors to the extent that bears forced the bourse close flattish on week’s last trading day.

Rs. 4.5b worth of 106.3m shares were traded today. Value of the shares of 162 companies plummeted, 152 augmented, while 14 remained stagnant.  

Power Generation & Distribution, Textile and Banking Sectors led the trading today with 17.8m, 10.8m and 8.7m shares respectively.

Today’s top five traders of shares were: K-Electric Ltd., 25.9m shares (+6.00pc); Azgard Nine: 9.5m shares (+3.23pc); Bank of Punjab, 5.3m shares (-0.72pc); Tri-Star Poly(R), 5.0m shares (-17.78pc); TRG Pak Ltd., 4.0m shares (-0.36pc).

Continue Reading

Business

PSX: Bears enter the bourse today forcing it close at 40,266!

Published

on

KARACHI: Ongoing political noise, particularly the high-drama associated with Finance Minister’s medical leave, had allowed bears enter the bourse today coloring it red causing Benchmark KSE-100 Index shed 326 points.

Rs. 5.4b worth of 102m shares changed hands today. Value of the shares of 203 companies plummeted, 102 augmented while 11 remained stagnant.

Power Generation & Distribution, Technology and Refinery Sectors led the trading with 13.9m, 12.9m and 11.9m shares respectively.

Top five traders of shares today were: K-Electric Ltd., 9.1m shares (-3.57pc); TPL Trakker Ltd., 7.6m shares (+14.14pc); WorldCall Telecom, 7.5m shares (-0.66pc); Byco Petroleum, 7.2m shares (+3.73pc); TRG Pak Ltd., 4.9m shares (-1.89pc).

Continue Reading

Business

Unconstitutional diversion of gas to other provinces incurred losses to Sindh: CM

Published

on

KARACHI: Maintaining that over 1000 mmcfd of gas out of 2,800 mmcfd produced by Sindh is diverted to other provinces, CM Murad Ali Shah said that was incurring heavy financial losses to the gas-producing province.

He was speaking at a session here today convened to prepare for CCI meeting: “If this 1,000 mmcfd gas of Sindh is not diverted to other provinces, Sindh can produce 5,000 megawatts of electricity from it at a rate of Rs8 per unit against Rs15 per unit which we are charged”, he held.

According to the CM Sindh Article 158 of the Constitution recognizes precedence of the right of utilization by the gas-producing province: “This right of our people has been denied”.  

Lamenting that thousands of villages in Sindh was deprived of gas and electricity he demanded the implementation of Article 158. He said that a resolution apropos this matter would be presented before SA.

Continue Reading

Trending