Riaz Haq's Blog – October 2024 Archive (4)

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Will India Grow Old Before it Gets Rich?

India's population has aged faster than expected while its economic growth has slowed over the last decade. This raises the obvious questions: Will India get old before it gets rich? Is India getting poorer relative to its peers in the emerging markets? …
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Added by Riaz Haq on October 29, 2024 at 12:30pm — 13 Comments

India: A Rogue State Ruled By Gangsters?

The United States and Canadian governments are alleging that Indian government agents plotted assassinations of Sikh dissidents on their soils. Their investigations paint a shocking picture of how recklessly Prime Minister Narendra Modi’s government operates. …
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Added by Riaz Haq on October 19, 2024 at 4:43pm — 8 Comments

Renewable Energy: Clean Electrification of Pakistan's Economy

Access to abundant and cheap electricity is essential for running a modern competitive economy. The rapidly growing power demand for generative AI data centers makes it even more important. The best way to ensure it is in switching to renewable energy sources. That is why Pakistan is in the midst of a renewable power boom. It is ramping up generation of clean energy with solar,…

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Added by Riaz Haq on October 10, 2024 at 11:30am — 10 Comments

Is Pakistan Getting Ready For AI Revolution?

Generative artificial intelligence (GenAI) has taken the world by a storm. It has drawn the attention of academia, businesses and governments around the world.  This technology is expected to transform almost every sector from business and commerce to government, industries and defense. Are Pakistanis aware of its potential?  Is Pakistan getting ready for what is being described as the "AI…

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Added by Riaz Haq on October 6, 2024 at 5:00pm — 15 Comments

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    World Happiness Report 2025: Poor Ranking Makes Indians Very Unhappy

    Pakistan has outranked India yet again on the World Happiness Index, making Indians very very unhappy. Indian media commentators' strong negative emotional reaction to their nation's poor ranking  betrays how unhappy they are even as they insist they are happier than their neighbors. Coming from the privileged upper castes, these commentators call the report "…

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    Posted by Riaz Haq on March 22, 2025 at 10:30am — 3 Comments

    Pakistan Purchasing Managers Index (PMI) Points to Growth in Manufacturing

    Pakistan Purchasing Managers Index (PMI), jointly launched by Habib Bank (HBL) and S&P Global, is showing sustained growth in manufacturing for the last several months.  It has been consistently above 50, indicating expansion. This indicator disagrees with contraction reported by Pakistan Bureau and Statistics (PBS) Large Scale Manufacturing (LSM) indicator. What accounts for this discrepancy? Is it because the LSM tracks only a subset of industries tracked by PMI? Is there a difference…

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    Posted by Riaz Haq on March 18, 2025 at 5:00pm

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