Pakistan has borrowed a whopping $16 Billion in a single year; stares at a nasty balance of payment crisis
The public finance of Pakistan is in complete mess. The Imran Khan led PTI government is on a reckless borrowing spree. As per ...
Tag: Economy
Debt ridden Pakistan government may start raiding homes to hunt for undeclared assets like gold and foreign currencies
Imran Khan government has started taking desperate measures to increase revenues as the country goes bankrupt. In the Finance Bill 2019, the government ...
Credit growth in the infrastructure at a 5 year high
Slow credit growth due to Twin Balance Sheet problems (the banks in the country could not lend due to capital shortage and companies ...
Pakistan’s economic woes continue: Country’s GDP growth to fall behind Nepal, Maldives this year
It seems that the Pakistan economy is in a free fall and its government isn't really able to revive itself. In a development ...
Mahesh Vyas, who tried to undermine India’s growth under Modi government, is a part of Congress’ manifesto formulation team
In an article by Times of India, it was revealed that Mahesh Vyas, Managing Director and CEO of Centre for Monitoring Indian Economy ...
China’s economic heyday is behind it, companies default on bonds increasingly
Despite all the groundbreaking efforts made by the government, the good days of the Chinese economy are slipping away. Private and public companies ...
Rates of poverty reduction were plodding under Congress rule
In a latest poll gimmick, Rahul Gandhi promised a quasi-Universal Basic Income to 20 percent of Indian families from the poorer strata of ...
IMF terms India the fastest growing large economy
International Monetary Fund (IMF), the global lender has termed India as the world’s fastest-growing large economy. The details about the Indian economy and ...
The driving force of the Chinese economy, its exports, has fallen drastically
Chinese exports witnessed the biggest fall in three years in the month of February. The exports plunged by 20.7 percent in comparison to ...
Indian Media and entertainment industry to generate $33.6 billion revenue by 2021: Report
As per a report by Federation of Indian Chambers of Commerce and Industry (FICCI) in consultation with Ernst & Young (EY), titled, ‘A ...
The US has drastically reduced the validity period of visas issued to Pakistani citizens
The United States government has reduced the visa validity for Pakistani citizens from five years to 1 year, reported The Express Tribune a ...
US sanctions on Venezuela are going to prove economically beneficial for India and China
As the US administration imposed sanctions over Venezuela, the oil imports to India from the South American nation have increased dramatically. India was the ...
