Riaz Haq's Blog – November 2025 Archive (5)

IMF Questions Modi's GDP Data: Is India's Economy Half the Size of the Official Claim?

The Indian government reported faster-than-expected GDP growth of 8.2% for the September quarter. It came as a surprise to many economists who were expecting a slowdown based on the recent high-frequency indicators such as consumer goods sales and durable goods production, as well as two-wheeler sales. At the same time, The International Monetary Fund expressed doubts about the Indian government's GDP data. …

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Added by Riaz Haq on November 30, 2025 at 11:30am — 24 Comments

Retail Investor Growth Driving Pakistan's Bull Market

Pakistan's benchmark index KSE-100 has soared nearly 40% so far in 2025, becoming Asia's best performing market, thanks largely to phenomenal growth of retail investors. About 36,000 new trading accounts in the South Asian country were opened in the September quarter, compared to 23,600 new registrations just three months ago, according to Topline Securities, a brokerage house in Pakistan.  Broad and deep participation in capital markets is essential for economic growth and wealth…

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Added by Riaz Haq on November 24, 2025 at 2:05pm — 18 Comments

PIMEC 2025: Pakistan Plans to Boost Maritime Sector, Blue Economy

Pakistan recently held its second International Maritime Expo and Conference (PIMEC-25) in Karachi where it announced ambitious plans to expand its maritime sector and boost its blue economy. It is an initiative of the Pakistan Navy, organized under the patronage of the Ministry of Maritime Affairs.  The country plans to invest a $100 billion in maritime development by expanding…

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Added by Riaz Haq on November 17, 2025 at 11:30am — 3 Comments

NED University Alum's Chip Startup Acquired by ARM For $265 Million

DreamBig, a fabless semiconductor company founded by NED University alumnus Sohail Syed, has been acquired by Advanced RISC Machines (ARM) for $265 million. The Silicon Valley-based startup is developing networking chips for data centers, with hardware specifically designed to run AI applications. The startup  does not manufacture its own chips but instead licenses its designs to other semiconductor companies. It has had a partnership with Samsung’s foundry division to bring its hardware to…

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Added by Riaz Haq on November 10, 2025 at 3:00pm — 1 Comment

Mayor-Elect Zohran Mamdani Makes History in New York City

"Ana minkum wa alaikum" declared Zohran Mamdani, the mayor-elect of New York City in his victory speech on November 4, 2025. The phrase translates to "I am from you and  and I am with you".  "New York will remain a city of immigrants, a city built by immigrants, powered by immigrants and, as of tonight, led by an immigrant", he added. Mamdani is the first Muslim and first immigrant of South Asian descent. At 34, he is not only the youngest but also the first mayor of the Big Apple who was…

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Added by Riaz Haq on November 5, 2025 at 10:30am — 5 Comments

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    Blog Posts

    Modi's AI Spectacle: Chaos and Deception in New Delhi

    The India AI Impact Summit 2026, held at Bharat Mandapam in New Delhi, has been marred by chaos, confusion and deception. The events on the ground have produced unintended media headlines for India's Prime Minister Narendra Modi who wants to be seen as the "vishwaguru" (teacher of the world) in the field of artificial intelligence as well. First, there was massive chaos on the opening day, with long…

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    Posted by Riaz Haq on February 19, 2026 at 12:00pm — 13 Comments

    India-Pakistan Cricket Match: The Biggest Single Event in the World of Sports

    Why did Pakistan's decision to boycott the India-Pakistan match in solidarity with Bangladesh in this year's T20 World Cup send shockwaves around the world? And why did it trigger the International Cricket Council's and other cricket boards' urgent efforts to persuade Pakistan to return to the match? The reason has a lot to do with its massive financial impact, estimated to be as much as …

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    Posted by Riaz Haq on February 11, 2026 at 4:00pm — 2 Comments

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