The Global Social Network
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. …
ContinueAdded by Riaz Haq on November 30, 2025 at 11:30am — 7 Comments
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…
ContinueAdded by Riaz Haq on November 24, 2025 at 2:05pm — 8 Comments
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…
ContinueAdded by Riaz Haq on November 17, 2025 at 11:30am — No Comments
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…
ContinueAdded by Riaz Haq on November 10, 2025 at 3:00pm — No Comments
"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…
ContinueAdded by Riaz Haq on November 5, 2025 at 10:30am — 3 Comments
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Several Pakistani pharmaceutical companies have started domestic production of generic versions of GLP-1 (Glucagon-Like Peptide-1) drugs Ozempic/Wegovy (Semaglutide) and Mounjaro/Zeptide (Tirzepatide). Priced significantly lower than the branded imports, these domestically manufactured generic drugs will increase Pakistanis' access and affordability to address the obesity crisis in the country, resulting in lower disease burdens and improved life quality and longer life expectancy. Obesity…
ContinuePosted by Riaz Haq on December 19, 2025 at 10:00am
The top 1% of Indians own 40.1% of the nation's wealth, higher than the 37% global average. This makes India one of the world's most unequal countries, according to the World Inequality Report. By contrast, the top 1% own 24% of the country's wealth in Pakistan, and 23.9% in Bangladesh. Tiny groups of wealthy elites (top 1%) are using their money to buy mass media to manipulate public opinion for their own benefit. They are paying politicians for highly favorable laws and policies to further…
ContinuePosted by Riaz Haq on December 15, 2025 at 1:00pm — 8 Comments
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