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As we look toward the future, the global economic landscape is projected to shift significantly by 2075. Emerging economies from Africa and Asia are set to rise alongside established powerhouses, changing the traditional global hierarchy. Below are the names of the top 10 largest economies projected by 2075 based on GDP estimates. 1. China China […]
Amina Sohail, a 28-year-old from Karachi, is breaking new ground as one of the few female motorcycle drivers for a local ride-hailing service. As the first woman in her family to work, she reflects the growing trend of women stepping into the workforce in Pakistan, driven by increasing financial pressures. Despite the challenges of navigating […]
Pakistan has made a groundbreaking discovery of what could potentially be the fourth-largest oil and gas reserve in the world. This major find, located within Pakistan’s territorial waters, promises to be a turning point for the country’s energy sector and overall economy. The discovery is the result of a comprehensive three-year geographic survey conducted in […]
India’s foreign exchange reserves have reached a historic high of $683.987 billion, following a significant increase of $7.02 billion in just one week. This milestone marks a new chapter in India’s financial journey, driven largely by a surge in foreign currency assets, now standing at $597.55 billion. Gold reserves also saw a notable rise, increasing […]
India is expected to become the fastest-growing major economy in 2024, surpassing both the U.S. and China. Recent forecasts from the Economist Intelligence Unit (EIU) show that India will lead in economic growth from 2024 to 2028. The report suggests that by the mid-2040s, BRICS nations, including India, could surpass the G7 in terms of […]
A recent survey by the international research institute IPSOS reveals that only 11% of Pakistanis believe the country is headed in the right direction. This is a notable decline from last year’s 18%, indicating growing concerns about the nation’s economic situation. The survey, part of the Consumer Confidence Index (CCI), shows that optimism is slightly […]
The federal government has decided to close all utility stores across Pakistan due to financial constraints, according to Saif Anjum, Secretary of the Ministry of Industry and Production. Anjum informed the Senate Standing Committee about the decision, explaining that the government lacks the funds needed to keep the stores operational. During the briefing, Anjum presented […]
The Pakistan Software Houses Association (PSHA) has raised alarms about the recent internet firewall implemented in Pakistan, predicting it could lead to a $300 million loss for the economy. The PSHA reports that the firewall has already caused internet outages and degraded VPN performance, which are disrupting businesses across the country. While firewalls are used […]
Recently, the Senate Standing Committee on Overseas Pakistanis and Human Resource Development disclosed that Pakistanis are implicated in almost half of the crimes in the United Arab Emirates (UAE). Dr. Arshad, the Secretary of Overseas Pakistanis, brought up this concerning statistic during a committee meeting earlier this week. The committee was informed that the UAE, […]
In a startling revelation highlighting Pakistan’s soaring electricity costs, former hockey player and Olympian Zahid Sharif has expressed his willingness to sell his kidney to cover his expenses. This announcement follows the desperate plea of a disabled citizen, Yaseen, who offered to sell his organs to pay his bills. Sharif made an emotional appeal to […]
