New Delhi, April 9 (IANS) Pakistan’s economy has come under further stress due to external shocks triggered by the West Asia crisis, as the country struggles under a mountain of foreign debt with weak GDP growth, declining investment and rising inflation, according to an article in Lisbon Post.Public debt has surged dramatically over the past several years, rising from approximately Rs 43 trillion (Pakistani rupee) in 2018 to Rs 80.52 trillion by the end of fiscal year 2025. At the same time, …
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Thiruvananthapuram, April 9 (IANS) As polling for the Kerala Assembly elections are underway, BJP National Secretary Anil K. Antony on Thursday said that his party is the only political force currently witnessing an upward trajectory in the state and expressed confidence that it will eventually emerge as the largest party in the state. Speaking to IANS, Anil K. Antony said, “We are very sure that the only party with an upward trajectory in Kerala right now is the BJP. The party already has an …
Thiruvananthapuram, April 9 (IANS) As the polling for the Assembly elections is underway in Kerala, voters on Thursday have expressed a desire for continued development and political stability, while highlighting unemployment as a major concern in the state. Interacting with IANS, several voters shared their views on the issues that matter most to them. While many acknowledged progress in development over recent years, they stressed that job creation remains a pressing challenge that needs urgen…
New Delhi, April 1 (IANS) Factors like regional conflict and the temporary closure of the Strait of Hormuz account for only a portion of the increase in fuel prices in Pakistan, according to a new report, which stresses that the majority reflects “structural mismanagement, delayed reforms, and political considerations”.The Pakistan Observer report mentions that officials described the Middle East situation as an exceptional global crisis, while emphasising that precautionary steps had already be…
Bengaluru, April 1 (IANS) Amid the campaign for by-elections, Karnataka BJP President and MLA B.Y. Vijayendra on Wednesday escalated his attack on Chief Minister Siddaramaiah over the state’s financial condition, challenging him to a public debate across districts and renewing his demand for a white paper.In a statement, Vijayendra said, “If the state’s financial condition is truly strong, let us visit every district together. Let us stand on a public platform and discuss before the people…
Jammu, March 31 (IANS) Jammu and Kashmir Chief Minister Omar Abdullah said on Tuesday that the government would make 25,000 fresh recruitments in 2026, but added that he will not rush through the process to avoid court cases.Replying to a question in the Legislative Assembly, Omar Abdullah said the government is fully committed to filling 25,000 vacant posts in 2026, while emphasising that the recruitment process will be transparent and time-bound.The CM was replying to a query from PDP MLA from…
New Delhi, March 27 (IANS) The Labour Force Participation Rate (LFPR) in persons of age 15 years and above was observed as 59.3 per cent during 2025 and remained stable compared to 2024, according to data released by the Ministry of Statistics on Friday.The LFPR for males and females stood at 79.1 per cent and 40.0 per cent, respectively, in 2025.According to the data, the worker population ratio (WPR) was estimated as 57.4 per cent during 2025, remaining almost at the same level as in 2024. Las…
Jaipur, March 24 (IANS) To amplify the voice of common people affected by the gas shortage and demand accountability from the government, the Congress Party in Rajasthan will organise a massive protest at Shaheed Smarak, Jaipur, on March 27. It was announced by Govind Singh Dotasra, President of the Rajasthan Pradesh Congress Committee, while convening a meeting on Tuesday at the State Congress Headquarters in Jaipur with the presidents and conveners of the party’s frontal organisations, de…
New Delhi, March 20 (IANS) Economic fragility in Pakistan has reached a critical stage following the US–Israel war with Iran due to the drastic escalation in oil prices and the surge in the trade gap, a Pakistani media report said.In terms of per capita income, economic growth rate, dwindling exports and low foreign exchange reserves, Pakistan is in dire straits, according to an article in the Lahore-based Friday Times.Pakistan’s economic fragility is reflected in its GDP growth rate, which …
New Delhi, March 6 (IANS) The mismanagement of Pakistan as a polity by its ruling elite has landed the country in periodic crises, which have been as much political as economic, and the resulting economic turmoil has necessitated 25 IMF programmes, each of which has compounded the country’s structural problems rather than providing a pathway to sustainable growth and development, a Pakistani media report said.The latest example is the ongoing programme where the IMF has endorsed the government…