Pakistan’s forex reserves have plunged 40% in 2018 to lowest in almost 4 years. It’s running twin current-account and budget deficits of more than 5% of GDP.
The government has hiked import duty on 19 items, including washing machines, air conditioners, footwear, diamonds, jet fuel, as part of its plan to...
Due to risks from higher oil prices, rising debt supply and a weakening currency, Pacific Investment Management Co. and Schroder Investment Management Ltd. are wary of adding to holdings in Asia’s highest-yielding major market.
Trump’s OBBB is framed to augment domestic semiconductor production and enhance trade protection, even at the expense of certain social programs such as Medicaid, food stamps, and student loans, as well as a projected ballooning federal deficit from US$2.8 to 3.3 trillion
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
Billed as the military’s own version of Raisina Dialogue, the event will spotlight on tech-driven warfighting, lessons from Operation Sindoor and release of three new doctrines.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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