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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    US-Iran Ceasefire: Pakistan Saves "A Whole Civilization"

    Both the American and the Iranian delegations are expected to begin peace talks in Islamabad tomorrow after the announcement of the Pakistan-brokered ceasefire. The US team is led by Vice President J.D. Vance and includes President Trump's envoy Steve Witkoff and the president's son-in-law Jared Kushner. The Iranian team includes Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Aragchi. Mohammad Ghalibaf is a former IRGC (Iranian Revolutionary Guard Corps)…
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    Posted by Riaz Haq on April 9, 2026 at 8:30pm

    Out of School Children: ASER Pakistan Reports Substantial Increase in Enrollment

    The Annual Status of Education Report (ASER) Pakistan 2025 national report, officially released on March 26, 2026, shows that the number of "Out of School Children" (OOSC) aged 6-16 years in Pakistan is now 5 million, not 25 million generally reported.  "The findings on access are encouraging. Enrollment levels are high, with 92.2 percent of children aged 6–16 in school and only 7.7 percent out of school", says the ASER Pakistan 2025 report. ASER Pakistan is a citizen-led…

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    Posted by Riaz Haq on April 1, 2026 at 7:00pm — 3 Comments

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