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Pakistan's KSE-100 index soared 86% in 2024, making it the second best among major indexes, according to Bloomberg News. The 2024 performance of KSE-100 represents its best year since 2002 when it shot up 112%. The top 3 performing stock markets in 2024 were Argentina (114%), Pakistan (88%) and…
ContinueAdded by Riaz Haq on January 3, 2025 at 5:00pm — 19 Comments
Pakistani power sector is continuing its march toward cheap indigenous sources of electricity. Hydropower component has increased 22%, coal 57% and nuclear 8% while oil is down 54% and natural gas and LNG are down 32% and 15% respectively, according to Bloomberg. These…
ContinueAdded by Riaz Haq on August 1, 2020 at 1:00pm — 18 Comments
Pakistan's central bankers have taken the plunge into the world of digital payments with their own offering: Raast. It aims to create an instant low-cost payment system that can seamlessly and securely connect government entities, a variety of banks, including microfinance banks (MFBs), electronic money institutions (EMIs) and State Bank authorized payment service providers (PSPs) like 1Link and NIFT which may choose to take advantage of it. Currency and coins in circulation account for…
ContinueAdded by Riaz Haq on January 23, 2021 at 1:30pm — 55 Comments
Added by Sobia Anjum on March 8, 2020 at 2:13am — 1 Comment
Why was Indian journalist Gauri Lankesh murdered? Who killed her? Why are Modi's Hindu Nationalists supporters targeting public intellectuals and journalists critical of Indian government policies? Why has India joined the reporters without borders' list of the world's most dangerous countries for journalists? Why has Muslim become a "derogatory term" in the words of Indian journalist Anoo Bhuyan? How…
ContinueAdded by Riaz Haq on September 8, 2017 at 10:30pm — 3 Comments
By every sign & portent this would be India's year of decision—a decision that would be bitterly contested by all three partners to India's future: the British Raj, 256 million Hindus, 92 million
Moslems.
Votes…
ContinueAdded by Riaz Haq on January 17, 2008 at 1:28pm — No Comments
The statement last week by Nobel Laureate geneticist Dr. James Watson regarding Africa as a laggard has slightly re-opened the taboo subject of the link between race and intelligence.
Here's what The Times of London reported: "The scientist, who won the Nobel prize for his part in discovering the structure of DNA, was quoted in an interview in The Sunday Times saying he was…
Added by Riaz Haq on October 21, 2007 at 1:30pm — 8 Comments
Come, come, whoever you are.
Wonderer, worshipper, lover of leaving.
It doesn't matter.
Ours is not a caravan of…
ContinueAdded by Riaz Haq on September 28, 2007 at 9:21pm — No Comments
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Islamabad is establishing the Pakistan Crypto Council (PCC) to look into regulating and legalizing the use of cryptocurrencies, according to media reports. Cryptocurrency refers to digital currencies that can be used to make purchases or investments using encryption algorithms. US President Donald Trump's endorsement of cryptocurrencies and creation of a "bitcoin reserve" has boosted investors’…
ContinuePosted by Riaz Haq on March 28, 2025 at 8:30pm — 2 Comments
Pakistan has outranked India yet again on the World Happiness Index, making Indians very very unhappy. Indian media commentators' strong negative emotional reaction to their nation's poor ranking betrays how unhappy they are even as they insist they are happier than their neighbors. Coming from the privileged upper castes, these commentators call the report "…
ContinuePosted by Riaz Haq on March 22, 2025 at 10:30am — 7 Comments
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