Daily Archives: February 13, 2023

PAKISTAN ECONOMIC CRISIS

After 10 days of talks with the Pakistan government, an IMF delegation left Islamabad on February 9 without a concluding statement either on its review of an existing $7 billion loan programme or on a fresh tranche of loans to help the distressed economy. The Shehbaz Sharif-led government insisted that …

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THE PUSH FOR INFRASTRUCTURE IN INDIA

The latest industrial output estimates from the National Statistical Office indicate an across-the-board loss of momentum in December with overall production growth slowing to 4.3% year-on-year, from November’s 7.3% pace. While activity was unchanged or moderated across all the three constituents of the Index of Industrial Production — mining, manufacturing …

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APPOINTMENT OF NEW GOVERNORS

Former Supreme Court judge Justice S. Abdul Nazeer (retd) is among the six new faces appointed Governors by President Droupadi Murmu on Sunday. The President also accepted the resignations of Maharashtra Governor Bhagat Singh Koshyari and Ladakh Lieutenant-Governor R.K. Mathur in the latest gubernatorial reshuffle. Justice Nazeer (retd), who was …

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