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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 — 2 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 — 5 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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Data Vault and Telenor Pakistan have launched the nation's first dedicated AI data center in Karachi. It is designed to support startups, researchers, and government agencies with high-performance computing and GPU-as-a-service offerings. It is equipped with more than 3,000 Nvidia's highest performance H100 and H200 GPUs for which the Trump Administration issued export licenses. These GPUs cost from $40,000 to $60,000 each, making the Nvidia chips the biggest chunk of the investment…
ContinuePosted by Riaz Haq on December 10, 2025 at 11:00am
The World Bank researchers have recently concluded that 88 per cent live in urban areas. Their conclusion is based on satellite imagery and the Degree of Urbanization (DoU) methodology. The official Pakistani figures released by the Pakistan Bureau of Statistics (PBS) put the current level of urbanization at 39%. The source of this massive discrepancy is the government's reliance on administrative boundaries rather than population density and settlement patterns, according to the World Bank…
ContinuePosted by Riaz Haq on December 7, 2025 at 5:30pm
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