Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Pakistan’s Finance Minister Mr. Ishaq Dar announced a “future roadmap” for the country, aiming to achieve more than seven percent growth in the next three years. While he was speaking at an international investment conference in the capital, Mr. Dar stated that improving the social and economic situation in the country and dealing with poverty […]
A disaster in making Businesses worldwide thrive on certainity and reliability of the political, social and financial conditions of a country, and Pakistan is no exception to the phenomenon. Being considerate to this fact and faced with the worst financial times of the country’s history, it was expected of the incumbent government to initiate policy […]
Vowing to make Pakistan one of the top ten economies of the world, the Pakistan Muslim League-Nawaz (PML-N) disclosed a roadmap to drive the country out of the current crisis in the three main sectors of energy, education and economy (three Es). While addressing a ceremony in connection with the country’s 65th Independence Day in […]
Spanish police fired rubber bullets and charged protestors in central Madrid early Friday at the end of a huge demonstration against economic crisis measures. The protest was was one of over 80 demonstrations called by unions across the county against civil servant pay cuts and tax hikes which drew tens of thousands of people, including […]
China, the once streaking economy in the world is now performing less than satisfactorily, mainly because of the foreign demand in the shape of exports. It is a no-brainer now that China is an export-driven economy and domestic consumption is just a bystander in the way. However, the lack of domestic consumption is the one […]
Once upon a time in far-far West we had the US and the UK, the promising and most thriving economies, and on the other side of the globe was Japan playing fist fights with them single-handedly. Then came the God of Economic Destruction and set the world on ‘Stock Fire’. But, two countries saw the […]
China, these days, is facing hard times due to the lack of foreign demand, especially in the US and Europe, economic crisis being one of the reasons. The country’s own domestic consumption is less than satisfactory which has resulted in slow growth rate, somewhere near 2 percent a year, which was once well above 10 percent […]
Indian Prime Minister Manmohan Singh has acknowledged the “large unfinished agenda” facing his government after three years in power, and vowed to tackle corruption and fiscal mismanagement. “I will be the first to say we need to do better,” Singh said late Tuesday as he presented his graft-tainted coalition’s annual report card at a function […]
Pakistan’s information technology sectors considered as country’s best economic story; Says PM Islamabad: (Thursday, May 17, 2012) Prime Minister Yousuf Raza Gilani, while addressing the event organized to mark the world Telecommunication and Information society day, said that Pakistan’s information technology sector is considered as country best performing economic sector. He said, “Pakistan’s telecommunication and […]
Factors that make an economy Strong Unfortunately, Pakistan’s economy has been through its worst phase since last 60 years. Though the people can draw on a host of resources and can exploit them to express the economic power in the face of an effective military, but the current circumstances, marred by huge fiscal deficit, unbridled […]
Asian markets mostly rose Monday following strong manufacturing figures from China and after euro zone finance chiefs agreed to boost the region’s firewall against future debt crises. The yen eased against the dollar and euro as traders moved out of the safe-haven currency in the wake of the optimistic news while strong US consumer spending […]
Economy – Can the govt. afford to remain indifferent Economy in Pakistan seems getting back on to the track as for the fiscal year ending this June, the State Bank of Pakistan (SBP) has envisioned the GDP to grow by 3 to 4 per cent. Given the recent political and administrative scenario which collectively poses […]
