Pakistan News

    It Sector In India Vs Pakistan World

  • World Bank to help develop Pakistan’s renewable energy sector

    ISLAMABAD: World Bank President Dr Jim Yong Kim on Monday offered technical and financial help in technological improvements in the renewable energy sector...

    He was talking to Finance Minister Ishaq Dar who called on him during the spring meetings of the World Bank and International Monetary Fund (IMF) in Washington, said a message received from the Embassy of Pakistan...

  • India, Pakistan exchange fire at LoC's Bhimber sector

    ISLAMABAD: Incidents of cross-border firing across the Line of Control (LoC) continue as Pakistani and Indian troops exchanged fire in the Bhimber sector in the wee hours of Tuesday...

    "Pakistani troops befittingly responded to unprovoked Indian firing in the Baghsar, Broh and Khanjar areas in Bhimber sector," ISPR said...

  • World Bank to give $425m for power sector

    The modernisation will begin with the first phase of the project, for which the government is seeking financing from the World Bank...

    32 million, whereas the World Bank will provide financing of $425m, while the remaining amount of $124...

  • India’s unprovoked fire at Charwa sector

    LAHORE: Indian troops on Friday opened unprovoked fire at the Charwa sector near the Sialkot working boundary...

    A Punjab Rangers spokesman, through a text message, said Indian Border Security Force (BSF) had opened indiscriminate fire which was fully retaliated by the Pakistan’s Chenab Rangers, silencing the Indian guns after intermittent exchange of fire...

  • Layoffs rile India's flagship IT sector

    Experienced Indian techie Raghu Narayanaswamy lost his job recently and fears he may not get another, as analysts warn of massive layoffs across the country's multi-billion-dollar information technology sector...

    IT outsourcing has long been one of India's flagship industries but experts say automation, a failure to keep up with new technologies and US President Donald Trump's clampdown on visas is creating industry-wide upheaval... ...

  • India's manufacturing sector thrives in August, Chinese factories stagnate

    KOLKATA: Operating conditions in the manufacturing sector of India saw “a solid improvement” during August while those in China “stagnated”, global economy tracker IHS Markit said on Monday...

    Consequently, the company’s Purchasing Managers’ Index for Indian manufacturing – a composite single-figure indicator of the sectoral performance – was at a 13-month high, which “showed a solid improvement in the health of the sector”...

  • Bad debts cloud outlook for India’s private sector banks

    MUMBAI: India’s private sector banks have seen their loan books deteriorate at a faster pace than state-owned peers over the past three quarters, raising concerns that a slower economic recovery could mean writedowns estimated at around $1...

    The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India’s dominant state banks...

  • India’s crackdown on ‘benami’ properties can help clean up sector

    MUMBAI: Indian Prime Minister Narendra Modi’s vow to take on benami, or nameless properties, can bring greater transparency to a notoriously opaque sector and help check prices if a new law is implemented properly, experts said on Monday...

    It is estimated benami properties worth billions of dollars are held under fictitious names across India, bypassing laws to check ownership and depriving states of valuable revenue that could be...

  • Blame game as wheels come off India’s auto sector

    NEW DELHI: When India’s Finance Minister Nirmala Sitharaman claimed that a preference by millennials for ride-hailing apps was contributing to a painful slump in car sales, it sparked an online backlash from furious youngsters...

    3 billion people, India is the world’s fourth-largest car market and one where owning a vehicle is as much a status symbol as a means of transport...

  • ADB approves technical assistance for Pakistan's energy sector

    ISLAMABAD: The Asian Development Bank (ADB) has agreed to assist Pakistan in formulation of a new energy policy for the medium-term covering 2018-23, it was learnt on Wednesday...

    In this regard, ADB has approved ‘knowledge and support’ technical assistance worth $5 million to carry out key energy sector analyses and an assessment of the progress made during 2010-16, the findings of which will provide options for the policy for the...

  • Pakistan, Iran to enhance cooperation in health sector

    ISLAMABAD: Pakistan and Iran have agreed to enhance cooperation in the public health sector, including medical education and drug manufacturing...

    According to an official statement released on Sunday, Minister for National Health Services Saira Afzal Tarar, who has been visiting Iran these days, during meetings with her Iranian counterpart Dr Seyyed Hassan Qazizadeh Hashmi and other officials from the health sector, stressed for the...

  • The 70 erratic years of Pakistan’s agriculture sector

    WITH a rich and vast natural resource base covering various climatic and ecological zones, Pakistan ranks eighth in the world in farm output...

    It is one of the world’s largest producers and suppliers of food and crops: chickpea (3rd), apricot (6th), cotton, rice and mango (4th), milk sugarcane and date palm (5th), kinnow or citrus (6th), and wheat and onion (7th)...

  • Australia, Pakistan urged to tap private sector

    LAHORE: The private sectors of Pakistan and Australia should develop sustainable partnerships and find ways to avail the trade and investment potential that exists in the private sectors of the two countries...

    Mr Madew said “Australia has made a considerable development in dairy and livestock sectors and its experience in these areas can be useful for Pakistan, adding Australian universities are focusing on Research & Development...

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