KARACHI: Rising tensions between nuclear-armed neighbours kept investors nervous, leading them to reduce their positions amid fears of full-scale war. This fuelled uncertainty about the economy and pushed the Pakistan Stock Exchange (PSX) further into the red zone in the outgoing week. On Wednesday, the PSX witnessed a bloodbath caused by the information minister’s statement regarding an immine
Corporate Pakistan may share in the patriotic surge across the country, but business leaders, mindful of the risks, are calling for swift de-escalation of tensions with India. Some warn the conflict threatens South Asia’s economic potential, especially as global trade pivots toward regional integration. They note the rising pressure on the capital market, currency, and supply chains — particula
For many years, Pakistan’s story — particularly, the case for investing — has largely pinned on some variation of the demographic dividend. Basically, the fact that we have a huge youth population of digital natives not only makes us a potential powerhouse as a consumer market but also an attractive source of raw talent. While the argument has merit, it’s not without caveats, which have an inverse
Even though there exists no provision for the unilateral abrogation or suspension of the Indus Water Treaty (IWT), India’s decision to “hold in abeyance” the 64-year-old water-sharing pact in the wake of a militant attack in the tourist destination of Pahalgam in the Occupied Kashmir shows that it is ready to go the extra mile to choke the lifeline water flows to Pakistan. In doing so, New Delh
Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as India’s Reliance imported the same component in a similar manner for years, documents show. Samsung becomes the second major foreign company in recent months to challenge an Indian tax demand. Volkswagen has sued Prim