Overseas pakistanis have come to help their motherland once again. While most economic indicators turned out to be negative, or hit by shortfalls, the only shining examples is overseas Pakistanis’ home remittances, which recorded a historic high.
Overseas pakistanis have come to help their motherland once again. While most economic indicators turned out to be negative, or hit by shortfalls, the only shining examples is overseas Pakistanis’ home remittances, which recorded a historic high.
Pakistani professionals and businessmen in the UAE have criticised their country’s federal budget for 2012-13 due to its inability to address the main economic issues and increasing the number of taxpayers.
Mobiles are becoming more powerful, wireless transmission speeds are increasing, network coverage is improving, and applications are delivering more functionality.
As may turns to June, this year is proving similar to 2011. Last year, signs of sustainable US recovery were snuffed out by eurozone summits after G-8 get-togethers that led to ever-declining confidence in the ability of the international community to prevent a liquidity crisis becoming a regional solvency crisis.
The Indian government’s white paper on black money is a huge disappointment. It was expected to be a focused policy response to a chronic scourge.
NEW YORK - Things are shaping up for another hot summer on Wall Street, and there is a long, long way to go yet.
NEW YORK - Things are shaping up for another hot summer on Wall Street, and there is a long, long way to go yet.
Weak manufacturing activity in China and dismal growth data from India have underscored Asia’s vulnerability to the European turmoil and sparked fresh calls for government intervention.
A sharp slowdown in India’s foreign trade added to the woes of Asia’s third-largest economy and piled more pressure on the weak coalition government to take steps to boost economic growth.
Opposition lawmakers hijacked the Pakistani government’s unveiling of the new budget on Friday, trading punches during angry scuffles in parliament against power cuts and corruption.