The Global Social Network
It costs less to live in Bangalore, India's high-tech capital, and Bombay, India's financial capital, than to live in Pakistan's megacity of Karachi, according to the 2016 Economist Intelligence Unit (EIU) report. The survey says Karachi's cost…
ContinueAdded by Riaz Haq on March 14, 2016 at 10:30am — 4 Comments
Pakistan is seeing soaring foreign direct investment (FDI) with improving security and the start of several major energy and infrastructure projects as part of China-Pakistan Economic Corridor (CPEC), according to the UK's Financial Times business newspaper.
A New High in FDI:
The year 2015 was a bumper year for …
ContinueAdded by Riaz Haq on March 12, 2016 at 9:30am — 32 Comments
Pakistani filmmaker Sharmeen Obaid Chinoy has earned two Oscars by bringing world's attention to women's abuse in Pakistan. She has shamed Pakistani politicians and society at large into a series of actions to put an end to violence against women. Alas, there appears to be little attention paid to women's abuse in…
ContinueAdded by Riaz Haq on March 7, 2016 at 10:30pm — 6 Comments
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President Obama has honored Dr. Mark Salman Humayun of Pakistani origin with the National Medal of Technology and Innovation at a White House ceremony recently, according to a USC Eye Institute press release.…
ContinueAdded by Riaz Haq on March 2, 2016 at 8:30am — No Comments
Pakistanis sent nearly $5 billion to help their relatives in India in 2015, according to data released by the World Bank. This makes Pakistan the 4th largest source of foreign remittances to India, putting Pakistan ahead of Kuwait and the United Kingdom. Only United Arab Emirates, United States and Saudi Arabia sent more money to India.…
Added by Riaz Haq on February 27, 2016 at 10:06am — 16 Comments
Added by Riaz Haq on February 26, 2016 at 10:00am — 20 Comments
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Students across India are rallying against Modi government's attacks on academic freedoms. Massive protests were triggered when the Modi government arrested Kahaiya Kumar, the student union president at Delhi's Jawaharlal Nehru University (JNU).
Universities across India are ringing with the following…
ContinueAdded by Riaz Haq on February 16, 2016 at 10:00pm — 24 Comments
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Growing defense collaboration between China and Pakistan irks the West, according to a report in the UK's Financial Times newspaper. The paper specifically cites joint JF-17 Thunder fighter jet, armed drone Burraq and custom AIP-equipped submarines as examples of close cooperation between the two nations.…
ContinueAdded by Riaz Haq on January 24, 2016 at 1:30pm — 19 Comments
Added by Riaz Haq on January 23, 2016 at 8:00pm — 2 Comments
"Democracy in India is only a top dressing on an Indian soil which is essentially undemocratic"
Dr. Bhimrao Ramji Ambedkar, Father of India's Constitution
What Dr. Ambedkar said decades ago about the inherent inequality of Indian society continues to be true today. The latest manifestation of it is the suicide of a Dalit Ph.D. scholar Rohith Vermula in the southern Indian state of Telangana.…
ContinueAdded by Riaz Haq on January 21, 2016 at 4:30pm — 27 Comments
The results of the 2015 WIN/Gallup International survey of 68 countries across the globe show Pakistan ranking 5th on economic optimism and 10th on overall optimism.
The World Bank reporting the tailwinds pushing Pakistan's economic growth seems to support the optimism in Pakistan. Most observers believe that the year 2015 has turned out to be a good…
ContinueAdded by Riaz Haq on January 9, 2016 at 10:19pm — 12 Comments
A top UAE businessman has proposed building a 500 kilometer long pipeline to bring Pakistan's Dasht River water from the Makran coast to Fujaira for United Arab Emirates' water security.
Water-scarce Pakistan itself needs to store and use the Dasht River water for development of Balochistan, particularly Gwadar and other…
ContinueAdded by Riaz Haq on January 6, 2016 at 1:00pm — 17 Comments
A Happy, Peaceful and Prosperous New Year to all my readers.
The year 2015 turned out to be a good year for Pakistan with the return of general optimism among businessmen, investors and consumers. Economic recovery continued as Pakistan Army's efforts, including its Operation Zarb e Arb and Karachi…
ContinueAdded by Riaz Haq on January 1, 2016 at 5:00pm — 7 Comments
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The European Union (EU) and India have recently agreed to a trade deal which includes an MOU to allow “an uncapped mobility for Indian students”, according to officials, allowing Indians greater ease to travel, study and work across EU states. India's largest and most valuable export to the world is its people who last year sent $135 billion in remittances to their home country. Going by the numbers, the Indian economy is a tiny fraction of the European Union economy. Indians make up 17.8%…
ContinuePosted by Riaz Haq on January 28, 2026 at 11:00am — 8 Comments
Ruling politicians in New Delhi continue to hype their country's economic growth even as the Indian currency hits new lows against the US dollar, corporate profits fall, electrical power demand slows, domestic savings and investment rates decline and foreign capital flees Indian markets. The International Monetary Fund (IMF) has questioned India's GDP and independent economists…
ContinuePosted by Riaz Haq on January 25, 2026 at 4:30pm — 10 Comments
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