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Iran refuses to shut down economy despite accelerating pandemic 

Iran refuses to shut down economy despite accelerating pandemic

Iran said on Saturday that it cannot afford to shut down its sanctions-hit economy, even as the Middle East's deadliest coronavirus outbreak worsens with...
IMF warns spending cut

IMF warns against cutting spending: it may derail recovery

As governments rushed out funding to prevent an economic collapse amid the coronavirus pandemic, global public debt swelled to the highest in history, but...
PIA banned in US

Pakistan National Airline, PIA banned in USA as well

The U.S. Department of Transportation (TSA) said it has revoked permission for Pakistan International Airlines (PIA) to conduct charter flights to the United States,...
Cement Pakistan

DG Khan Wins Export Order: bright light for cement industry in Pakistan?

Finally, a bright light appeared on the cement sector's horizon as DG Khan Cement Company Limited (DGKCC), one of Pakistan’s largest cement manufacturers won...
Imran Khan COVID-19

Applying the truth meter to Imran Khan on COVID-19 statements

The political opposition and a fair section of the Pakistani public believe Prime Minister Imran Khan’s periodic proclamations on the ongoing Covid-19 pandemic are...
Trump may ban TikTok

TikTok to be another casualty in US-China Cold War

US President Donald Trump said he is considering banning the wildly popular video-sharing app TikTok as a way to punish China over the coronavirus...
Pakistan mango exports

Pakistan’s “King of Fruit” exports set to nosedive amid pandemic

Dwindling harvests, drooping demand and export supply chains hit by the coronavirus are biting into Pakistan's mango industry, with producers of the prized fruit...
Tesla

40% increase in Tesla stock price is driven by growth in China

Shares of Tesla Inc. charged higher to a fourth-straight record close Monday after even the most bearish analyst on Wall Street analyst lifted his...
JS Bank

Another milestone for JS Bank as deposits reach monumental $2.3 Bn mark

JS Bank, one of the fastest-growing financial institutions in Pakistan, recorded another milestone with its deposit base reaching the Rs 400 billion (approx. USD...
India buys Russian jets

India buys Russian jets worth $2.43b: an attempt to curry favour with Putin?

India's defence ministry Thursday signed off on the purchase of 33 Russian fighter jets and upgrades to 59 others worth $2.4 billion, amid rising...
Virus threatens Bollywood

Has coronavirus brought about the end of Indian cinema?

A Bollywood actor's face tattooed on his arm, Sandeep Bacche's devotion shocks few in India where stars enjoy semi-divine status. But even here the...
Businesses support new Hong Kong law

Businesses rally around China in support of new Hong Kong law

China's new security law has sent fear coursing through many Hong Kong residents, but the city's commercial community has largely embraced it as a...
Indian apps booming

Made in India: Indian tech seizes the moment after government ban on Chinese apps

Millions of Indians have joined homegrown social media platforms since New Delhi banned a slew of Chinese apps, including TikTok, amid growing tensions between...
EU bans PIA

Further disgrace for PIA as airline outlawed by European Union

Regulators in the European Union (EU) have banned Pakistan International Airlines (PIA) for six months after the state-run carrier grounded nearly a third of...
Gulf economies

Gulf economies to nosedive by 7.6% say IMF estimates

Gulf Cooperation Council (GCC) countries will see their economies shrink by 7.6% this year, an International Monetary Fund official said on Tuesday, revising downwards...
shifting power dynamics

Power dynamics to shift in post-covid world

The new coronavirus represents a new battlefield in international politics that will determine the rise and fall of nations through the shift in power...
India bans Chinese apps

India asserts its “dominance” by banning Chinese apps

India on Monday banned 59 Chinese mobile apps, including the wildly popular TikTok and WeChat, over national security and privacy concerns two weeks after...
Rooseveltian approach to economy

Boris Johnson channels Roosevelt to combat virus depression

British Prime Minister Boris Johnson said Monday the coronavirus crisis needed the type of massive economic response US president Franklin D. Roosevelt mobilised to...
Budget PTI

Much left to be desired: The PTI Budget 2020-21

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...
Hajj Saudi Arabia

Economy to take a hit as Hajj curtailed for 2020 by Saudi Arabia

Vacant religious sites. Abandoned pilgrim tents. Lifeless hotels. A stunning emptiness - and fears of economic ruin - haunt the usually bustling city of...
PIA fake license scandal

PIA flying blind as fake license scandal slaughters repute

Pakistan's national airline is taking heavy flak after it emerged that nearly a third of its pilots were holding fake or dubious licences, with...
Pakistan’s economy

How is federal budget a success story, and not the other way round?

Pakistan’s economy had already been suffering before the COVID-19 outbreak, it was in no imminent danger of a recession. The Current Account Deficit dropped...
Pakistan's sports industry

Pandemic hits Pakistan’s sports industry for six

As the world of sports slowly reopens after a months-long hiatus, Pakistan's otherwise thriving sports industry is struggling to recover from the hit it...
Emirates Etihad Pakistan

Emirates, Etihad and Fly Dubai suspend flights from Pakistan

Etihad Airways on Thursday suspended its flight operations from Pakistan, a day after several passengers who had travelled to Hong Kong by another airliner...
Tourism in Iraq's Kurdish regions

Iraq’s Kurds starve as tourism receipts go extinct

In a normal year, Ahmed Hazem's mountainside restaurant would be teeming with tourists. But a nationwide curfew aimed at combatting the novel coronavirus has...
UAE-Israel collaboration

Coronavirus allows UAE to extend hand of friendship to Israel

Companies in the United Arab Emirates and Israel will join forces to research and develop technology to fight the novel coronavirus, the two countries,...
Chinese banned from Delhi restaurants

No Chinese allowed in Delhi restaurants after border clash

One of Delhi's main hotel associations said Thursday that its members are barring Chinese guests, as calls for a boycott of Chinese goods gather...
PIA Dubious licenses

150 pilots at PIA have dubious licenses: Aviation Minister

The management of Pakistan International Airlines (PIA) has decided to ground its 150 pilots. The PIA spokesman said that about 150 pilots are being...
JS Bank

JS Banks takes the lead in SBP Rozgar Finance Scheme

Under the context of the COVID-19 pandemic, all around the globe central banks are using policy instruments to stimulate growth and reduce layoffs. In...
G7 Trump

Why does Trump want to expand the G7 into a G11?

On June 03, the US President Donald Trump invited Indian Prime Minister Narendra Modi to attend the upcoming G7 Summit. President Trump has also invited...

Most Read

Once upon a Virus: Chinese state media makes fun of US

Chinese state media network, has released a video that mocks the United States' coronavirus response. It tries to 'expose' and belittle Trump Administration's claims...

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