The Global Social Network
Added by Riaz Haq on April 26, 2014 at 7:41pm — No Comments
When the British arrived in Mughal India, the country's share of the world GDP was 25%, about the same as the US share of the world GDP today. By 1947, undivided India's share of world GDP ($4 trillion in in 1990 Geary-Khamis dollars) had shrunk to about 6% (India: $216 billion, Pakistan: $24 billion). Since independence, India's contribution to world GDP has shrunk further to about 4%, according to British Economist Angus…
ContinueAdded by Riaz Haq on March 5, 2014 at 8:30am — 4 Comments
Since the end of the civil war in 2009, Sri Lanka has been booming even as the rest of South Asia region has lagged.…
Added by Riaz Haq on February 15, 2014 at 6:30pm — 5 Comments
Pakistan experienced rapid economic and human capital growth in years 2000 to 2008 on President Pervez Musharraf's watch. Savings, investments and exports hit new records and the rate of increase in human development reached new highs not seen before…
ContinueAdded by Riaz Haq on January 19, 2014 at 5:30pm — 18 Comments
FDI is up and load-shedding is down during Prime Minister Nawaz Sharif's government's first 100 days. However, there has been little progress on resolving fundamental issues such as lack of security, growing budget deficits, high current account deficits and continuing heavy subsidies to the power sector and various public sector enterprises like Pakistan Steel Mills, PIA, Railways, etc.
Foreign Inflows Jump:
Prime Minister Nawaz Sharif's first 100 days in…
Added by Riaz Haq on September 20, 2013 at 5:30pm — 19 Comments
Plummeting Indian rupee is the most obvious symptom of the world losing confidence in India. The crisis of confidence is so great that Jim O'Neill, former Goldman Sachs executive whose BRIC acronym made India an attractive investor destination in 2001, has recently said that “if I were to change it, I would just leave the "C"" in BRIC.…
Added by Riaz Haq on August 25, 2013 at 8:00am — 5 Comments
Sharp fall in Indian currency against the US dollar and slower economic growth have caused India's GDP for Fiscal Year 2012-13 to shrink in US $ terms to $1.84 trillion from $1.87 trillion a year earlier. The Indian rupee has plummeted from 47.80 in 2012 to 54.30 to a US dollar in 2013, according to Business Standard. Since this report was published in Business…
ContinueAdded by Riaz Haq on June 29, 2013 at 8:00am — 22 Comments
The year 2012 was a mixed bag. Economy continued its modest recovery with the stock market hitting new records but it was marred by rising civilian casualties and the worsening energy crisis. The coalition government led by the Pakistan Peoples' Party is nearing its full term with a new prime minister and the political parties have begun campaigning for general elections in the first half of 2013.…
Added by Riaz Haq on January 8, 2013 at 8:00am — 30 Comments
Added by Riaz Haq on July 2, 2012 at 5:30pm — 22 Comments
Car sales increased 14 percent in February from a year earlier. Cement sales are rising with growing housing demand for increasing population. Lucky Cement, Pakistan’s biggest publicly traded construction materials company, is expected to post record earnings this year. Rising farm prices of bumper crops are pumping hundreds of billions of rupees each year into Pakistan's rural economy.
Contrary to…
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The WWF Championship belt, beyond its status as a coveted prize in the world of professional wrestling, has also transcended the ring to become a source of inspiration for various art forms. Its iconic design elements and rich history have served as a muse for painters, sculptors, and even digital artists, transforming the championship belt into a canvas for artistic expression.
Posted by Ben Qadeer on May 17, 2024 at 5:38am
There is an alarming rapid decline in fertility rates in both developed and developing nations, according to the United Nations. Here is how the Wall Street Journal describes it: "The world is at a startling demographic milestone. Sometime soon, the global fertility rate will drop below the point needed to keep the population constant. It may have already happened". …
ContinuePosted by Riaz Haq on May 14, 2024 at 9:30am
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