Washington, April 23 (IANS) India’s push to sustain high economic growth over the next two decades will hinge on investments in human capital and regulatory reforms, a senior policy expert said, flagging skills and workforce gaps as key challenges to the country’s long-term ambitions. Speaking at the New India Conference here, Hemang Jani, Public Policy & Governance expert at the World Bank and former OSD to the Prime Minister’s Office, said India remains well-positioned globally but m…
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Washington, April 23 (IANS) India is emerging as a key player in a global shift in supply chains, driven by efforts to reduce dependence on China, former US official Nisha Biswal said. Biswal, Partner at The Asia Group and former US Assistant Secretary of State for South and Central Asian Affairs, said businesses are rethinking their strategies amid geopolitical and economic uncertainty.“There has been enormous progress,” she said, noting that US-India trade has grown “from 50 billion… t…
New Delhi, April 22 (IANS) Despite constituting nearly half of Pakistan’s population, only one in four working-age women participates in the labour force, compared to nearly four out of five men, according to an article in Karachi-headquartered The News International.Among those women who do work, most are concentrated in agriculture, while fewer than 15 per cent are in formal employment. In major industrial sectors, women account for just 3.6 per cent of employment, highlighting the extent to…
Islamabad, April 21 (IANS) The International Labour Organisation (ILO), a specialised United Nations agency, has stated that an employment and livelihoods loss assessment has been undertaken by it for 14 of the worst-affected districts of Punjab and Khyber Pakhtunkhwa, local media reported on Tuesday. The flood-affected districts of Punjab province bore the majority of employment losses and disruption, according to the assessment of the ILO. Almost 78 per cent of the total estimated employment l…
New Delhi, April 21 (IANS) Bangladesh has failed to get any breakthrough at the IMF-World Bank Spring meeting, held earlier this month, on the stalled IMF programme, and no assurance that the expected $3.2 billion in budget support from the World Bank, the ADB, the AIIB, and Japan can be mobilised within the government’s timeline, a local media report said.At a time when tensions in the Strait of Hormuz are already unsettling global energy and freight markets, this ambiguity could not have come …
New Delhi, April 20 (IANS) Pakistan could secure huge amounts of aid from the US by offering its territory as a base to oppose the Soviet invasion of Afghanistan, which began in December 1979, but it has not been able to get any money from during the Iran war in which it is playing the role of a peacemaker, laments an article in the Pakistani media.The Soviet-Afghan War began on December 24, 1979. Washington first offered Pakistan $400 million, but then President General Zia-ul-Haq dismissed it …
New Delhi, April 19 (IANS) With an aim to reduce dependency on China for critical minerals, Group of Seven (G7) countries have agreed to step up cooperation with resource-rich countries and multilateral development banks, according to reports.Japan-based The Mainichi national daily reports that finance ministers reached the agreement at a meeting in Washington, DC. The meeting was attended by mineral-producing countries, including Argentina, Australia, India, Indonesia, South Africa and South Ko…
New Delhi, April 17 (IANS) India’s capital markets are increasingly being recognised as a stable, resilient and globally competitive destination for long-term investments, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Friday.Speaking at the IMF-World Bank Spring Meetings during an interaction organised by the Confederation of Indian Industry (CII) and the US-India Business Council, Pandey noted that Indian markets have evolved into a structural pillar of the…
Washington, April 16 (IANS) Global conflicts and supply chain disruptions are adding to economic stress in developing countries, with the Intergovernmental Group of Twenty-Four (G-24) warning that recent gains on inflation and growth are at risk.Speaking at a press briefing during the Spring Meetings, G-24 Chair Olawale Edun said: “Numerous political crises and conflicts globally have significantly impacted… populations and further strained the fragile global economy, with particularly adver…
New Delhi, April 16 (IANS) Ace investor and commentator Dr Mark Mobius has died at age 89,, leaving behind a legacy that reshaped global portfolio strategies.Often called at the “Indiana Jones of emerging markets”, his investment philosophy emphasised on-the-ground research.“Dr. Mark Mobius, renowned investor and pioneer in emerging markets investing, passed away on April 15, 2026 at the age of 89. Dr. Mobius was widely regarded as one of the early investors in emerging markets, known for …