New Delhi, March 5 (IANS) Pakistan must generate roughly 30 million jobs over the next decade to absorb new labour‑market entrants, but recent growth is incapable of it, causing brain drain and weakened productivity, a report has said.The report from Maldives Insight said the economy grew at an average 1.7 per cent annually between 2022 and 2025, far below what is needed to sustain employment, and the official unemployment rate reached 7.1 per cent in FY25, the highest in 21 years.The pace of …
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New Delhi, March 4 (IANS) Both inequality and poverty have increased in Pakistan during the last six years, a report released by the country’s Planning Commission clearly indicated.This is based on a comparison of the level and distribution of household incomes, according to the Household Integrated Economic Survey (HIES) of 2018-19 and 2024-25, respectively, undertaken by the Pakistan Bureau of Statistics (PBS).The worrying statistic is the rise in the incidence of national poverty from 21.9 pe…
Kohima, March 3 (IANS) Nagaland Chief Minister Neiphiu Rio on Tuesday reiterated that the state government has consistently maintained its role as a facilitator in resolving the protracted Naga political issue, actively supporting the ongoing negotiations, expediting dialogue, and creating conditions conducive to an early, lasting and honourable solution. Participating the motion of thanks on the Governor’s address in the Assembly, the Chief Minister on the Frontier Nagaland Territorial Author…
New Delhi, March 3 (IANS) Gold prices climbed for a fifth straight session in the global markets on Tuesday amid escalating conflict in the Middle East and a spike in energy prices.MCX gold April futures gained 2.53 per cent to Rs 1,66,199 per 10 grams on Monday, while MCX silver May futures eased 0.90 per cent to Rs 2,80,090 per kg.India’s Multi Commodity Exchange will remain closed for the first half of trading on Tuesday for Holi, with evening trading resuming at 5 pm.Tensions in West Asia …
Mumbai, Feb 24 (IANS) Uddhav Thackeray-led Shiv Sena (UBT) group leader Bhaskar Jadhav on Tuesday took the state government to task in the Legislative Assembly over rising unemployment, unfulfilled promises, and an industrial policy limited only to paper agreements. Participating in a debate on the Governor’s address, Jadhav stated that official government data reveals a seven-fold increase in unemployment within the state.While citing government data, Jadhav said the general unemployment …
New Delhi, Feb 24 (IANS) Even as the International Monetary Fund (IMF) has praised Pakistan for stabilising its economy under the ongoing support programme, fresh data shows that poverty and income inequality have sharply worsened, raising serious concerns about the social cost of recent reforms. While key macroeconomic indicators such as fiscal balance and the current account have improved, millions of citizens are facing rising hardship — highlighting a growing gap between economic stabilisat…
Bengaluru, Feb 24 (IANS) AICC President Mallikarjun Kharge on Tuesday defended the Indian Youth Congress’ “shirtless” protest at AI Impact Summit in Delhi, saying that it was done in the interest of the nation. He further condemned the arrest of Youth Congress members in connection with protests held during the AI Impact Summit in New Delhi, calling the action undemocratic and unjustified.Addressing the media in Bengaluru, Kharge said the Youth Congress members had staged the protest in the inte…
New Delhi, Feb 23 (IANS) While the Pakistan government claims that the country’s economy has been revived from the brink and is now stable, the harsh reality is that poverty has climbed to an 11-year high of 29 per cent and income inequality is at levels not seen in nearly three decades, according to an article in the Pakistani media.The article in the Lahore-based The Friday Times further pointed out that real household incomes have shrunk and unemployment is at a 21-year peak. For millions o…
Patna, Feb 23 (IANS) Rashtriya Janata Dal (RJD) leader Tejashwi Yadav on Sunday criticised the Nitish Kumar-led Bihar government, alleging failures in addressing poverty, crime, corruption, and unemployment in the state.Addressing a programme in Patna on the occasion of Sant Ravidas Jayanti, Tejashwi Yadav accused the government of neglecting the concerns of the poor and marginalised sections.He alleged that policies of the current government were adversely affecting economically weaker sections…
New Delhi, Feb 20 (IANS) Members of the Indian Youth Congress staged a dramatic protest inside Bharat Mandapam on Friday during the India AI Impact Summit 2026, raising slogans against Prime Minister Narendra Modi and the Central government over alleged “unemployment, inflation and the reported India-US trade deal”.According to officials, several Youth Congress workers removed their shirts and shouted slogans, including “PM is compromised”, before security personnel intervened. The protester…