The rating agency’s decision is driven by Pakistan’s heightened external vulnerability risk and uncertainty around its ability to secure adequate additional external financing.
When Pakistan goes bankrupt in a few months, China could be looking for an alternative route to ports in the Indian Ocean. Can Delhi alter the South Asian geopolitics?
PM Shehbaz Sharif said that a life of debt is no life. But a look at the history of Pakistan’s loans suggests his predecessors perhaps lacked economic wisdom.
Like physical capital, a lot of intellectual capital-related business ventures in Pakistan die because the laws required to facilitate them are not present.
The proposal will be mentioned in Pakistan federal government’s annual budget for the year starting 1 July, by when it targets to achieve a growth rate of 4.8%.
Islamabad: Pakistan is showing signs of business activity picking up at a faster clip, as worries about new coronavirus infections fade in an economy...
Migration in North India isn’t just due to lack of development today. It was shaped by the evolution of labour markets under Sher Shah, Mughals, and the East India Company.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
New Delhi is interested in firming up bilateral agreements for increased trade, mobility, upgrade of Su-30 MKI fighters and the increased range of BrahMos supersonic missiles.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
COMMENTS