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India's population has aged faster than expected while its economic growth has slowed over the last decade. This raises the obvious question: Will India get old before it gets rich? Is India getting poorer relative to its peers in the emerging markets? …
Added by Riaz Haq on October 29, 2024 at 12:30pm — No Comments
The United States and Canadian governments are alleging that Indian government agents plotted assassinations of Sikh dissidents on their soils. Their investigations paint a shocking picture of how recklessly Prime Minister Narendra Modi’s government operates. …
Added by Riaz Haq on October 19, 2024 at 4:43pm — 7 Comments
Access to abundant and cheap electricity is essential for running a modern competitive economy. The rapidly growing power demand for generative AI data centers makes it even more important. The best way to ensure it is in switching to renewable energy sources. That is why Pakistan is in the midst of a renewable power boom. It is ramping up generation of clean energy with solar,…
ContinueAdded by Riaz Haq on October 10, 2024 at 11:30am — 3 Comments
Generative artificial intelligence (GenAI) has taken the world by a storm. It has drawn the attention of academia, businesses and governments around the world. This technology is expected to transform almost every sector from business and commerce to government, industries and defense. Are Pakistanis aware of its potential? Is Pakistan getting ready for what is being described as the "AI…
ContinueAdded by Riaz Haq on October 6, 2024 at 5:00pm — 7 Comments
Pakistan's benchmark KSE-100 index hit an all-time high after the announcement of the $7 billion IMF bailout deal today. Economic indicators such as inflation, exports and remittances are also showing significant improvement as well. Speaking to reporters after the IMF deal, the Fund Managing Director Kristalina Georgieva acknowledged progress made by Pakistan. She said "The economy is on the sound path. Growth is up and inflation is down". The …
ContinueAdded by Riaz Haq on September 26, 2024 at 5:00pm — 18 Comments
Last year, California lawmakers voted 31-5 to approve the first state-wide bill (SB 403) explicitly banning caste discrimination. The bill, enjoying broad support among California voters, was sponsored by Senator Aisha Wahab. It was vetoed by Governor Gavin Newsom under pressure from wealthy political donors belonging to the Hindutva lobby. …
ContinueAdded by Riaz Haq on September 20, 2024 at 8:30pm — 11 Comments
International Telecommunications Union (ITU) has ranked Pakistan (score 96.69/100) among top tier countries for cybersecurity in 2024. Out of a maximum score of 20, Pakistan received 20 for legal measures, 18.21 for technical measures, 20 for organization measures, 20 for capacity development and 18.48 for cooperative measures, according to the Global Cybersecurity Index 2024…
ContinueAdded by Riaz Haq on September 14, 2024 at 8:30pm — 1 Comment
Semi-arid Pakistan, with its farmlands predominantly irrigated by the world's largest contiguous canal system, has experienced an increasing amount of annual rains and floods for several years. Even the desert regions of the country, like the vast Thar desert straddling India-Pakistan border, have recently…
ContinueAdded by Riaz Haq on September 6, 2024 at 5:30pm — 1 Comment
Recent experience in California has shown that changes in incentives have a huge impact on residential adoption of solar power technology. Since the introduction of NEM 3.0 last year, new rooftop solar business in California has dramatically slowed. New residential solar installation applications have plunged 80%, according to Cal Matters. This has driven many solar installers out of…
ContinueAdded by Riaz Haq on August 30, 2024 at 10:00am — 13 Comments
Pakistani automobile joint ventures with Chinese automakers BYD and Changan have recently launched several all-electric and plug-in hybrid models of automobiles in Pakistan. Earlier, Honda Atlas Cars Pakistan Limited announced plans to build a hybrid electric vehicles plant in the country. Other major brands like Toyota, Haval, and Hyundai are already offering similar models in the country. It all began with the 2019 …
ContinueAdded by Riaz Haq on August 18, 2024 at 2:00pm — 14 Comments
Pakistan had a net negative migration of 1.6 million people, the highest of all countries in 2023, according to the World Population Prospects 2024 report released by the United Nations. Other Asian nations like India (-980,000), China (-570,000), and Bangladesh (-550,000) are also far up the ranking. Pakistan's figure of 1.62 million includes 541,000 Afghans who were expelled from the country last…
ContinueAdded by Riaz Haq on August 15, 2024 at 9:00am — 3 Comments
Pakistani javelin thrower Arshad Nadeem shattered a world record to win a gold medal at the Paris Olympics 2024. Nadeem is now inspiring a new generation of Pakistani sportsmen and women to excel in athletics. Thousands of fans, including government ministers, came to Lahore Airport to greet Arshad Nadeem when he returned to the country.
Aeshad Nadeem's gold medal in the Paris Olympics came 32 years after Pakistan won a bronze medal in field hockey at Barcelona, Spain. It's also the…
ContinueAdded by Riaz Haq on August 11, 2024 at 10:00am — 6 Comments
Millions of Pakistani workers have been participating in the development of Saudi Arabia, United Arab Emirates and other Gulf nations over many decades. They have been doing so in spite of the almost complete absence of basic human rights and harsh working conditions. A recent Pakistani government report…
ContinueAdded by Riaz Haq on August 2, 2024 at 9:30am — 2 Comments
Pakistan's journey to build a digital public infrastructure (DPI) began in March 2000 with the establishment of NADRA, the National Database and Registration Authority. The Gates Foundation defines DPI as follows: "DPI is a digital network that enables countries to safely and efficiently deliver economic opportunities and social services to all residents. DPI can be compared to roads, which form a physical network that connects people and provides access to a huge range of goods and…
ContinueAdded by Riaz Haq on July 19, 2024 at 1:30pm — 7 Comments
Falling solar panel prices and soaring rates for grid electricity are driving a renewable power boom in Pakistan. A second factor spurring the growth in clean energy installations is the requirement of major western apparel brands for garments and textile manufacturers to switch to clean energy. As a result, the solar panel imports in the country jumped from 2,800 MW in 2022 to 5,000 MW in 2023, in…
ContinueAdded by Riaz Haq on July 10, 2024 at 12:30pm — 25 Comments
Pakistan's KSE-100 shares index topped 80,000 points on Wednesday as stocks climbed more than 600 points, making it the world's best performing stock market. The benchmark KSE-100 index has posted an annual return of 89% during FY24 (July 2023-June 2024) in PKR terms while in US dollar terms, the return was 94%, as the Pakistani rupee appreciated against the US dollar, according to …
ContinueAdded by Riaz Haq on July 4, 2024 at 6:00pm — 13 Comments
The US government granted 16,320 immigrant visas to Pakistani nationals. Another 11,861 immigrant visas were given to Pakistanis by the Canadian government in the same period. The total number of new Pakistani immigrants admitted as permanent residents in…
ContinueAdded by Riaz Haq on June 27, 2024 at 9:00am — 5 Comments
Many Pakistanis are singing effusive praises of India on social media platforms and racking up millions of views, according to a report in the Indian mainstream media. These Pakistanis are boosting their earnings by feeding into the Indians' delusions. The "India Today" report claims that, in the last 6…
ContinueAdded by Riaz Haq on June 20, 2024 at 9:00am — 18 Comments
Pakistan's agriculture sector grew 6.3% in 2023-24, far outpacing the overall economy that grew just 2.38%, according to the Economic Survey of Pakistan 2023-24. This is good news for about 40% of the country's population working in the agriculture sector. By contrast, India's agriculture growth slowed to …
ContinueAdded by Riaz Haq on June 13, 2024 at 9:30am — 19 Comments
The value of copper assets has surged 31.7% in the last six months, significantly surpassing the rise in tech stocks (20.2%) and gold (20%) in the same period. Growing demand for copper is mainly driven by increasing adoption of green technologies such as electric vehicles and growth in AI (artificial intelligence) data centers using the latest Nvidia chips. At current prices, the…
ContinueAdded by Riaz Haq on May 28, 2024 at 12:00pm — 9 Comments
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South Asia Investor Review
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Riaz Haq's Current Affairs Blog
India's population has aged faster than expected while its economic growth has slowed over the last decade. This raises the obvious question: Will India get old before it gets rich? Is India getting poorer relative to its peers in the emerging markets? …
Posted by Riaz Haq on October 29, 2024 at 12:30pm
The United States and Canadian governments are alleging that Indian government agents plotted assassinations of Sikh dissidents on their soils. Their investigations paint a shocking picture of how recklessly Prime Minister Narendra Modi’s government operates. …
Posted by Riaz Haq on October 19, 2024 at 4:43pm — 7 Comments
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