Pakistan faces huge risk in $58 billion power sector plan

IANS | October 11, 2026 2:21 PM

New Delhi, Oct 11 (IANS) Pakistan has planned a 2025-35 roadmap for the power sector requiring a massive $58 billion investment in electricity generation and transmission even though the country is saddled with substantial unused generation capacity in a loss-making sector, according to a report.

Bangladesh faces stagflation challenge as inflation remains high: Report

IANS | October 11, 2026 2:19 PM

New Delhi, Oct 11 (IANS) Bangladesh is grappling with mounting stagflationary pressures as persistently high inflation, weak economic growth, subdued private investment and declining household purchasing power combine to weigh on the economy, with experts warning that the ongoing Middle East conflict has amplified, rather than caused, the country's underlying structural weaknesses, a report has said.

UN chief condemns Houthi attack on Saudi airport

IANS | October 11, 2026 12:41 PM

United Nations, Oct 11 (IANS) UN Secretary-General Antonio Guterres has condemned Saturday's attack by Yemen's Houthi group on King Khalid International Airport in the Saudi capital of Riyadh.

More massive floods in Nepal affect 4 hydropower projects

IANS | October 11, 2026 12:33 PM

Kathmandu, Oct 11 (IANS) At least four hydropower projects in the Budhi Gandaki River basin in western Gorkha district have been affected by massive floods that struck early Sunday morning, the Independent Power Producers' Association, Nepal (IPPAN) said.

Trump attacks Supreme Court tariff ruling

IANS | October 11, 2026 10:23 AM

Washington, Oct 11 (IANS) US President Donald Trump on Saturday renewed his criticism of the Supreme Court's ruling against a category of his tariffs, claiming that the decision had deprived the federal government of hundreds of billions of dollars in revenue and hurt the American economy.

US senators oppose Russian diesel waiver

IANS | October 11, 2026 10:14 AM

Washington, Oct 11 (IANS) A growing number of US senators have criticised President Donald Trump's decision to ease sanctions on Russian diesel exports, warning that the move could provide Moscow with additional revenue for its war against Ukraine while offering little relief to American consumers struggling with high fuel prices.