Pakistan's 10-wicket triumph over India in their recent T20 World Cup match has made history. It's the country's first ever win against its neighbor in 13 World Cup matches. It is also historic because the Indian bowlers failed to take even a single Pakistani wicket.  Pakistani opening batsmen Babar Azam and Mohammad Rizwan romped to an easy 10-wicket victory by scoring 152 runs in 17.5 overs without any losses. Batting first, India lost 7 wickets to reach 151 runs total in 20 overs.…

DC Comics latest movie release "Injustice" is inspired by a video game titled "Injustice: God Among Us". It shows superheroes destroying military equipment in Indian Occupied Kashmir with the narrator's voice saying that Superman is stopping a government "waging a genocidal war against its own people.”…

Pakistan's quarterly technology exports reached $635 million in the first quarter of the current fiscal year 2021-22, up more than 6 times since the first quarter of fiscal year 2009-10. The nation's overall quarterly merchandise exports have been relatively flat at about $6 billion average during this period. …

Popular Netflix series Squid Games is a dystopian survival drama about unfortunate people trapped in debt who enter a series of six survival games. The losers die while the single winner takes away 46.5 billion (US$38 million) South Korean won. One US dollar is equal to about 1,200 Korean Won. …

Recent death of Pakistani nuclear scientist Dr. Abdul Qadeer Khan has brought back memories of the success of Pakistan's nuclear program in the face of extreme adversity. This story came into particularly sharp focus by the Israeli newspaper Haaretz's headline "How Pakistan's A.Q. Khan, Father of the 'Muslim Bomb,' Escaped Mossad Assassination".  The opponents' efforts to stop what they called "…

Soaring LNG prices are adversely affecting Pakistan's balance of payments and threatening the nation's post-COVID economic recovery.  Pakistan's trade deficit has widened to nearly $12 billion in July-September 2021 quarter, up more than 100% from the same period last year. The nation's heavy reliance on expensive imported energy has been the main cause of prior balance of payments crises that have…

DigiKhata, Velocity’s 7th Cohort Startup Has Partnered with Telenor Pakistan and Easypaisa

Micro, Small, and Medium Enterprises (MSMEs) provide a big chunk when it comes to the growth of economies globally. SMEDA (Small and Medium Enterprises Development Authority) says that, In Pakistan, SMEs have a 40% contribution to the…

China has agreed to invest $3.5 billion in Karachi, according to Pakistani and Chinese officials. In a separate announcement earlier, Saudi Arabia said it is moving its planned $10 billion petrochemical complex from Gwadar to Karachi.  These announcements have triggered speculation that the focus of development of China Pakistan Economic Corridor (CPEC) is moving from Gwadar to Karachi. …

Pakistan exported $38 million worth of denim clothing to the United States in July, 2021. This figure represents 140% growth over July, 2020. Mexico's denim exports grew 58% while those of Bangladesh grew 24% in this period, according to the US Office of Textiles and Apparel. …

India's pavilion at Dubai Expo 2020 has a large and prominent display of a miniature model of the controversial Ram Mandir at its entrance. Ram Mandir will replace the Mughal-era Babri Masjid that was destroyed by a Hindu mob in 1992.  It represents Prime Minister Narendra Modi's vision of India as a …

The year 2021 is turning out to be a banner year for Pakistani tech startups. At the end of the third quarter of the current year, technology startups have already raised $278 million, twice the funding raised in the previous 5 years combined. In per capita terms, this is still just over $1 per person, a lot less compared to neighboring India where startups attracted …