New Delhi, Jan 4 (IANS) The Pakistan government "continues to peddle a comforting unemployment rate of 7 per cent", yet, according to prominent economist Dr Hafeez Pasha, the real figure is closer to 22 per cent, according to an article in the Pakistani media.
New Delhi, Jan 4 (IANS) The IMF’s orthodoxy is set to consign Pakistan to a low-growth trap for years and without a fundamental rethink of the current strategy, and a change in the sham nature of the fiscal austerity being imposed, the economy will continue to be impaired for the long term, while ordinary Pakistanis will continue to suffer needlessly, a new report has warned.
New Delhi, Jan 4 (IANS) Prime Minister Narendra Modi’s personal intervention to resolve issues stalling the progress of big ticket infrastructure projects in the country has played a key role in speeding up economic development in the country.
New Delhi, Jan 4 (IANS) Exports of Ayush and herbal products have registered a growth of 6.11 per cent, increasing from $649.2 million in 2023–24 to $688.89 million in 2024–25, the government said on Sunday.
New Delhi, Jan 4 (IANS) The government on Sunday announced a major relaxation of the mandatory three-year existence condition for deep-tech startups to avail recognition under the DSIR’s Industrial Research and Development Promotion Programme.
New Delhi, Jan 4 (IANS) India’s capital expenditure cycle is showing early but clear signs of a comeback, and market experts believe several sectors linked to investment spending could see strong growth over the next two to three years.
New Delhi, Jan 4 (IANS) China is now reported to be eyeing northern Thailand, especially along the Thai–Myanmar border, with its Belt and Road Initiative (BRI) playbook to build strategic influence in the region.
New Delhi, Jan 4 (IANS) The Centre has invited proposals under two marginal investment sub-schemes to reduce India’s heavy dependence on imported medical devices and support clinical studies in the medtech sector, more than a year after the schemes were first announced.
New Delhi, Jan 4 (IANS) Bangladesh’s jute industry is steadily losing its edge in the global market as high production costs, outdated machinery and low productivity continue to drag the sector down, according to Bangladesh Jute Spinners Association (BJSA) Chairman Tapash Pramanik.
New Delhi, Jan 4 (IANS) Pakistan’s textile sector, which forms the backbone of the country’s exports and industrial employment, is on the brink of collapse with workers being laid off and factories being shut.
