China’s consumer-led growth model has failed: Former Morgan Stanley Economist

IANS | June 29, 2026 5:30 PM

New Delhi, June 29 (IANS) China’s retail sales fell 0.6 per cent year‑on‑year in May 2026 after a weak April, marking the first monthly decline in three and a half years, Stephen Roach, former Chief Economist and Asia Chair, Morgan Stanley, wrote on his Substack account, arguing that the country's prolonged effort to steer toward consumer‑led growth has failed.

Pakistan's investment-to-GDP ratio falls to record low 13.1 pc: Report

IANS | June 29, 2026 4:57 PM

New Delhi, June 29 (IANS) Pakistan's investment-to-GDP ratio has fallen to a historic low of 13.1 per cent in 2024 from an average of around 18 per cent over nearly four decades, while foreign direct investment (FDI) has halved to 0.5 per cent of GDP, a report has said.

Seychelles visit filled with substantive outcomes: PM Modi

IANS | June 29, 2026 4:21 PM

Victoria, June 29 (IANS) Prime Minister Narendra Modi said on Monday that his visit to Seychelles has been filled with "substantive outcomes" that will boost ties between the two nations. He expressed confidence that the next 50 years of India-Seychelles ties will be defined by innovation, sustainability and shared responsibility.