News
Trump touts tech boom, market highs as firms back new accounts
2+ hour, 1+ min ago (747+ words) Washington, Jan 29 (IANS) US President Donald Trump has claimed a surge in investment, record stock market gains, and strong backing from major technology, finance, and consumer companies, as he argued the United States is entering an unprecedented economic expansion. Speaking…...
India has evolved into strong and credible global economy: Global experts
6+ day, 10+ hour ago (308+ words) Davos, Jan 22 (IANS) India's position as a rising global economic power is becoming increasingly clear, with international leaders and academics on Thursday expressed strong confidence in the country's growth story and leadership. Speaking to IANS on the sidelines of the…...
Global economy shrugs off tariff shock: IMF
1+ week, 2+ day ago (868+ words) Washington, Jan 19 (IANS) The global economy has shown "notable resilience" despite significant US-led trade disruptions and heightened uncertainty, with growth projected to hold steady at 3.3 per cent in 2026, the International Monetary Fund (IMF) said on Monday. In a blog published…...
New household survey confirms rising poverty in Pakistan
2+ week, 14+ hour ago (463+ words) New Delhi, Jan 14 (IANS) Pakistan's Household Integrated Economic Survey (HIES), published after a gap of six years, exposes the extreme level of poverty in the country with food-insecure households surging from 15.9 per cent in 2018 to 2019 to a staggering 24.4 per cent…...
Global economy defies trade turmoil, growth to ease: World Bank
2+ week, 1+ day ago (489+ words) Washington, Jan 13 (IANS) The global economy is showing greater resilience than expected despite historic trade tensions and policy uncertainty, with growth projected to remain broadly steady over the next two years, the World Bank said on Tuesday. In its latest…...
Pakistan’s GDP growth rate likely to fall below IMF estimate
3+ week, 16+ hour ago (395+ words) New Delhi, Jan 7 (IANS) The sharp decline in Pakistan's exports and the damage caused to the agricultural sector due to the floods are expected to pull down the country's growth rate to below the IMF's estimate, according to an article…...
Pakistan’s '3.7 pc growth' figure likely an accounting illusion: Report
3+ week, 2+ day ago (313+ words) New Delhi, Jan 5 (IANS) Pakistan's official figures citing 3.7 per cent economic growth in Q1 FY26 is likely an accounting illusion on paper rather than real increases in production or exports, a report has said. A report from Express Tribune cited the think…...
IMF’s orthodoxy set to consign Pakistan to a low-growth trap: Report
3+ week, 3+ day ago (466+ words) New Delhi, Jan 4 (IANS) The IMF's orthodoxy is set to consign Pakistan to a low-growth trap for years and without a fundamental rethink of the current strategy, and a change in the sham nature of the fiscal austerity being imposed,…...
Pakistan’s investment crisis deepens as SIFC fails to revive investor confidence
3+ week, 3+ day ago (391+ words) New Delhi, Jan 4 (IANS) Pakistan's investment climate is facing a deepening crisis, with fresh data and recent developments showing that the country is struggling to attract both local and foreign capital despite repeated policy initiatives. Pakistan's investment-to-GDP ratio remains stuck…...
Pakistan central bank chief's warning hints clock has run out: Report
1+ mon, 1+ day ago (324+ words) New Delhi, Dec 27 (IANS) State Bank of Pakistan Governor Jameel Ahmad's warning that Pakistan's growth model is "unsustainable" for a population of 250 million comes at a time when business cycles in the country shorten, and each recovery is weaker than…...