October 2014 Blog Posts (7)

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Multi-dimensional Poverty Index: India 2nd Worst After Afghanistan in South Asia

"India is home to over 340 million destitute people and is the second poorest country in South Asia after war-torn Afghanistan...In South Asia, Afghanistan has the highest level of destitution at 38%. This is followed by India at 28.5%. Bangladesh (17.2%) and Pakistan (20.7%) have much lower levels"  Colin Hunter, Center for Research on…
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Added by Riaz Haq on October 29, 2014 at 8:14pm — 11 Comments

Karachi Shares Index Outpacing Developed, Emerging and Frontier Market Indices

Pakistan lost its place in MSCI  Emerging Markets Index in December 2008. It was included in MSCI Frontiers Market Index in May 2009.  Some analysts believe that Pakistan could re-gain the Emerging Market classification (which includes BRIC countries) in a couple of years.

Since the beginning…

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Added by Riaz Haq on October 29, 2014 at 7:33am — 7 Comments

Can Pakistan Stand Up to India in Conventional War?

Newly-elected Prime Minister Narendra Modi government's rhetoric about "jaw-breaking" (munh tod) policy toward Pakistan is the latest manifestation of a disease described by Indian diplomat Sashi Tharoor as "India's Israel…

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Added by Riaz Haq on October 19, 2014 at 12:00pm — 123 Comments

Pakistan: Land of Opportunity for Social Entrepreneurs

"All members of the Commission (on Social Entrepreneurship and Innovation) were agreed, Pakistan is a land of opportunity" i-genius Opportunity Pakistan Report April, 2014

i-genius, headquartered in London, calls itself a "World Community of Social Entrepreneurs". It promotes social entrepreneurship to a…

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Added by Riaz Haq on October 16, 2014 at 4:55pm — 1 Comment

Pakistan's First Bitcoin Exchange



"We plan to create a platform (Urdubit Bitcoin Exchange) where people feel safe with the world of Bitcoin and hopefully substitute it for trading locally as easily as Pakistani rupees, while giving everyone an opportunity to invest in this commodity." Zain Tariq, Urdubit, Pakistan




Zain Tariq and Danyal Manzar have launched Pakistan's first Bitcoin exchange called Urbudit, according to… Continue

Added by Riaz Haq on October 14, 2014 at 9:11pm — 8 Comments

NED University Alumni Meet in Silicon Valley; Talk Innovation

Hundreds of my fellow alumni of Pakistan's NED University of Engineering and Technology (NEDUET) gathered in Silicon Valley for tenth annual North America convention for three days starting Friday, October 10 through Sunday, October 12, 2014. They traveled from dozens of US states and Canada. Many, including… Continue

Added by Riaz Haq on October 13, 2014 at 3:30pm — 2 Comments

India-Pakistan Economies Compared in 2014

India and Pakistan are running neck and neck in per capita GDP in both nominal US dollar terms and purchasing power parity terms, according to data available from multiple sources.

Nominal and PPP GDP:

CIA…

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Added by Riaz Haq on October 3, 2014 at 9:00pm — 9 Comments

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    Blog Posts

    Is the India Growth Story Over?

    In a television speech to the nation, Indian Prime Minister Narendra Modi urged his people to make sacrifices by spending less on fuel, fertilizer, and travel. He also asked them not to buy gold for a year. “To save foreign exchange, we must accept the challenge of patriotism,” he said. It appears that India's problems do not just stem from the effects of the US-Iran war; India's problems started well before that. Flight of foreign capital has put the Indian currency under tremendous…

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    Posted by Riaz Haq on May 11, 2026 at 9:00pm — 3 Comments

    Pakistan's New Infrastructure Investments and Trade Routes

    Pakistan has recently launched 5G wireless service in multiple cities and closed financing on the 306 kilometer 6-lane Sukkur-Hyderabad M6 motorway. In addition, Pakistan is seeing significant increase in the utilization of its Gwadar and Karachi ports after the closure of the Strait of Hormuz due to the US-Iran war. This will help open the trade routes from Pakistan to Central Asia via Iran, bypassing unstable Afghanistan. It has the potential to eventually make Pakistan a major…

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    Posted by Riaz Haq on May 4, 2026 at 5:00pm — 9 Comments

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