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Thursday, April 3, 2025

A comprehensive analysis of National Budget 2020-21: opportunities, failures & myths

The national budget 2020-21 presented today offers no surprises. Announced in a typical PTI style where, as usual, ambiguity prevails on where the real...

PTI govt presents its second federal budget with total outlay of Rs 7294.9 billion

The federal budget for the next fiscal year 2020-21 with a total outlay of 7294.9 billion rupees was presented. Minister for Industries and Production...

Economy of Pakistan and The Coronavirus

Around the globe, countries are trying to manoeuvre through the coronavirus; monetary and fiscal policies are extensively being used to ensure the economic impact...

Nestlé Pakistan’s report Creating Shared Value: Nestlé trains 220,000 children

Nestlé Pakistan, as part of its global and local obligations, believes in Creating Shared Value for the communities in which it works and operates....

Questions raised over virus models that forced lockdowns

When the novel coronavirus began to circulate globally at the beginning of March, scientists turned to statistical models to predict the severity of the...

US Economy future uncertain, warns Federal Reserve

The Federal Reserve (Fed) on Wednesday projected a solid rebound for the US economy next year amid optimism that the worst of the coronavirus...

HSBC under fire in UK for its stance on Hong Kong

Asia-focused banking giant HSBC's vocal support for China's controversial Hong Kong security law has not been well received in Britain, the former ruler of...

Global economies will contract by 6% in 2020: OECD

The world economy is to contract at least 6% in 2020, with the unprecedented loss of income and "extraordinary uncertainty" caused by measures to...

World facing worst economic situation in 150 years: World Bank

The coronavirus pandemic inflicted a "swift and massive shock" that has caused the broadest collapse of the global economy since 1870 despite unprecedented government...

China warns of racism in Australia as relations tank

Beijing warned Monday there has been "a lot of discrimination" against Chinese people in Australia, escalating a diplomatic row just days after telling its...

New WTO chief: it’s Africa vs the West in race for top trade spot

The World Trade Organization on Monday kicked off the process for selecting a new director-general, after its current chief Roberto Azevedo decided to leave...

Coronavirus impact on Indian economy: small businesses suffering the most

India is gradually unlocking its economy after a shutdown that lasted more than two months. But it's unlikely to be business as usual for...