The Global Social Network
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…
ContinueAdded by Riaz Haq on June 29, 2013 at 8:00am — 22 Comments
Added by Riaz Haq on June 27, 2013 at 4:00pm — 4 Comments
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…
Added by Riaz Haq on June 25, 2013 at 7:03pm — 3 Comments
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…
Added by Riaz Haq on June 25, 2013 at 9:49am — 15 Comments
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.…
Added by Riaz Haq on June 18, 2013 at 3:30pm — 9 Comments
Pakistan has more shale oil than Canada, according to the US Energy Information Administration (EIA) report released on June 13, 2013.…
Added by Riaz Haq on June 16, 2013 at 11:30pm — 28 Comments
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.…
Added by Riaz Haq on June 16, 2013 at 10:05am — 2 Comments
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…
ContinueAdded by Riaz Haq on June 10, 2013 at 11:30am — 6 Comments
Added by Riaz Haq on June 6, 2013 at 5:30pm — 10 Comments
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US Secretary of State Marco Rubio called Pakistan Prime Minister Shehbaz Sharif to discuss promoting “a durable peace between Israel and Iran,” the State Department said in a statement, according to Reuters. Both leaders "agreed to continue working together to strengthen Pakistan-US relations, particularly to increase trade", said a statement released by the Pakistan government.…
ContinuePosted by Riaz Haq on June 27, 2025 at 8:30pm — 4 Comments
Pakistan imported an estimated 1.25 gigawatt-hours (GWh) of lithium-ion battery packs in 2024 and another 400 megawatt-hours (MWh) in the first two months of 2025, according to a research report by the Institute of Energy Economics and Financial Analysis (IEEFA). The report projects these imports to reach 8.75 gigawatt-hours (GWh) by 2030. Using …
ContinuePosted by Riaz Haq on June 14, 2025 at 10:30am — 3 Comments
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