News

Tackling the crisis creatively

Amidst the worsening crises, the national search for remedies has intensified. However, the views about the future economic and political outlook and the possible correction course diverge widely as imponderable uncertainties continue to navigate virtually a rudderless ship. Nonetheless, what may appear a confusing debate is rooted in ground realities. The solutions offered are of short-, mediu

Winning tickets and elections

Away from the heat of political and legal frictions in Islamabad, aspiring contestants of national and provincial assembly seats in Pakistan must be busy hobbling to mobilise resources deemed necessary to stand a chance in general elections. In theory, any Pakistani can enter provincial or national assembly on the strength of the public support base in a constituency, expressed through the ball

Car consumerism

Standing at a signal in Karachi’s Defence area, one wonders whether the country is in a crisis or not. There is a Vigo on one side, a Hilux in front, two Civics behind and a Mercedes that can be seen through the rearview mirror. There is no shortage of vehicles with an eight-figure price tag in the city. Over the last two decades, car sales have increased almost five times, but tractor sales ha

Economic slowdown triggers massive unemployment

Millions of jobs in formal or informal sectors of the economy across the country have been lost due to a massive decline in industrial production so far this fiscal year. The ongoing restrictions on the import of raw materials, the foreign exchange crisis and rising costs caused by surging power and gas bills have severely hampered production activities. In four industrial sectors of Karachi

Developing Pakistan’s economy of sports

As commentators say in cricket, ‘against the run of play’, Pakistan summited cricket ratings to become the top-ranked team in the world after four successive victories against touring New Zealand. This is no mean feat and Babar Azam and his men deserve all the applause. Cricket in Pakistan may not be as popular as it is in neighbouring India, where cricket stars like Sachin Tendulkar are though