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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Aaron Bushnell, an active serviceman in the United States Air Force, burned himself to death in front of the Israeli Embassy in protest against the US policy in Gaza. Before setting himself on fire in what he called an "extreme act of protest", he said he would "no longer be complicit in genocide". Polls show that the vast majority (63%) of Americans want an immediate end to the carnage being perpetrated by Israel in Gaza. …
ContinuePosted by Riaz Haq on February 27, 2024 at 5:30pm
Independent candidates backed by the Pakistan Tehreek e Insaf (PTI) party emerged as the largest single block with 93 seats in the nation's parliament in the general elections held on February 8, 2024. This feat was accomplished in spite of huge obstacles thrown in front of the PTI's top leader Imran Khan and his party leaders and supporters by Pakistan's powerful military…
ContinuePosted by Riaz Haq on February 16, 2024 at 9:22pm — 1 Comment
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