Poverty level rises in Pakistan as military corners funds

IANS | August 27, 2025 1:31 PM

New Delhi, Aug 27 (IANS) The increasing stranglehold of the military Generals on Pakistan's economy is diverting the country's resources for defence expenditure amid rising poverty and unemployment levels in the country.

Trump tariffs likely to result in US GDP go down by 40-50 bps: Report

IANS | August 27, 2025 11:38 AM

New Delhi, Aug 27 (IANS) As Indian exporters brace for the impact after additional 25 per cent US tariffs on key goods came into effect on Wednesday, reports said that Trump tariffs are likely to affect the US GDP by 40-50 bps by triggering inflationary pressures.

US tariffs: Textiles, gems and jewellery to face pressures; pharma and electronics insulated

IANS | August 27, 2025 9:34 AM

New Delhi, Aug 27 (IANS) As the higher US tariffs against Indian goods set to come into effect from Wednesday (US time), sectors such as textiles and gems and jewellery — both labour-intensive industries — are expected to face moderate pressures while pharmaceuticals, smartphones and steel are relatively insulated due to exemptions, existing tariff structures and strong domestic consumption.