Sharp fall in Indian currency against the US dollar and slower economic growth have caused India's GDP for Fiscal  Year 2012-13 to shrink in US $ terms to $1.84 trillion from $1.87 trillion a year earlier. The Indian rupee has plummeted from 47.80 in 2012 to 54.30 to a US dollar in 2013, according to Business Standard. Since this report was published in Business…

Lahore-based Groopic and Islamabad-based Tunacode have been accepted to be part of this summer’s Blackbox Connect program in Silicon Valley.



Founded by Pakistanis, both companies are start-ups with innovative products whose founding teams are looking to live, learn and network for two weeks at an Atherton mansion this summer from July 15 to 26, 2013.  These young entrepreneurs are a reflection of…

US Secretary of State John Kerry's current visit to India has aroused Indian media's anger with the Times of India  protesting that the secretary has "sought to draw parity between India and Pakistan".



In an article titled “Kerry’s soft line on Pakistan a sore subject,” Indian newspaper…

Pakistan's proposed federal budget 2013-14 includes $36 billion in spending with deficit financing of $16 billion. Of this $16 billion, over $5 billion will be borrowed by the federal government to pay the power sector to settle the so-called circular debt.…

Pakistan has more shale oil than Canada, according to the US Energy Information Administration (EIA) report released on June 13, 2013.…

Pakistani national cricket team's horrible performance at the 2013 ICC Champions Trophy is uncharacteristic for a side widely regarded by experts as one of the most talented in the world. The latest losses have unleashed a torrent of anger in Pakistan with demands for heads at PCB to roll yet again.…

Pakistan has made remarkable progress in electrification of its towns and villages both in absolute terms and as percentage of population over the past two decades, according to a recently-released report titled "Global Tracking Framework" issued jointly by the World Bank and the International Energy Agency. This report at least partly explains the dramatic increase in demand-supply gap and consequent increase in…

Anum Fatima, a resident of Ibrahim Goth slum located near Karachi's Steel Town, is making history; she is going to Harvard  Business School this summer as part of a student exchange program.



Anum's father is employed as a driver and her mother works as a maid. The slum school she attended is run by The Citizen's Foundation (TCF), a private foundation. From 5 schools in Karachi in 1995, TCF has expanded to 910 purpose-built schools with 126,000…

What is the reason for Imran Khan's selective and misplaced outrage against MQM on Zahra Shahid Husain's murder while ignoring the Taliban killings of ANP and MQM members?



Why is the PTI continuing its sit-in campaign against alleged rigging?



How to explain…

China's new Prime Minister Mr. Li KeQiang has just ended a two-day visit to Pakistan. Speaking to the Senate, Li declared that "the development of China cannot be separated from the friendship with Pakistan". To make it more concrete, the Chinese Premier brought with him a 5-points proposal which emphasizes "strategic and long-term planning", "connectivity and maritime sectors" and "China-Pakistan economic…

A recent Express Tribune newspaper headline screamed: "Over 27 million children out of school" It included the following graphic that looks even more scary:

The story had the intended effect. Various…

General Suharto stepped down 15 years ago tomorrow. Here's an excerpt of today's New York Times story on the Indonesian strongman's legacy:



"Mr. Suharto’s spirit continues to loom over modern-day Indonesia. He brought the country back from the brink of political, social and economic…

43.5% of Indians, the highest percentage in the world, say they do not want to have a neighbor of a different race, according to a Washington Post report based on World's Values Survey.



About Pakistan, the report says that  "although the country has…

In yet another egregious example of  increasing judicial activism, Islamabad High Court's Justice Shaukat Aziz Siddiqui, the judge who also ordered Musharraf's arrest, has suspended Pakistan's top tax collector Arshad Hakeem. Hakeem was working on an ambitious technology-based project to go after powerful tax dodgers in the country.…

Fear of violence has reduced the number of traditional mass rallies this year, particularly in  Balochistan, KP and Sindh provinces of Pakistan. Instead, the political parties and candidates are increasingly relying on electronic and social media to reach out to voters in preparation for May 11 general elections in the country.…

Karachi's population has grown 80.5% in the last decade, making it the world's fastest growing megacity, according to  recently released Demographia World Urban Areas Report.  Karachi is followed by Shenzhen, Lagos, Beijing, Bangkok, Dhaka, Guangzhou, Shanghai, Delhi, Jakarta and Istanbul.…