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http://www.riazhaq.com/2022/07/indias-forex-reserves-fall-as-foreign.html India's foreign exchange reserves are falling rapidly as foreign investors flee and the country's trade and current account deficits widen. More than $267 billion worth of India's external debt of the total $621 billion...

https://www.southasiainvestor.com/2022/07/theranos-trial-pakistan-born-indian.html In yet another blow to Silicon Valley's "fake it till you make it" mantra, a federal jury has convicted former Theranos executive Ramesh "Sunny" Balwani on all 12 counts of fraud. Balwani was born in 1965 in...

https://www.southasiainvestor.com/2022/07/pakistani-american-khizr-khan-named-to.html Khizr Khan, a Pakistani-American, is on President Joseph R. Biden's list of recipients of the Presidential Medal of Freedom, the highest civilian award given by the President of the United States. Khan is...

“The Pak-Arab Refinery says it can utilise 15-30 percent Russian crude oil by blending it with the crude oil it imports from the UAE and Saudi Arabia for refining purposes. Byco says Russian crude oil specifications vary from field to field and most of it is acceptable except Ural crude oil...

#India's Top Cement Maker Paying for #Russian #Coal in #Chinese #Yuan. India tried setting up an #INR payment mechanism for #trade with Russia, but that has not materialized. Chinese businesses have used the yuan in trade settlements with Russia for years...

The best way for Pakistan to accelerate its growth beyond 5% in a sustainable manner is to boost its exports by investing in export-oriented industries, and by incentivizing higher savings and investments. https://www.riazhaq.com/2020/09/thirlwall-law-why-hasnt-pakistans-gdp.html

#India’s crude #oil imports from #Russia jumps 50 times; now accounts for 10% of all import. Russia surpassed #SaudiArabia to become India’s second-biggest oil supplier behind Iraq as refiners crowded Russian crude oil that is available at a deep discount...

https://www.southasiainvestor.com/2022/06/pakistans-fiscal-year-2022-gdp-exceeds.html Economic Survey of Pakistan 2021-22 confirms that the nation's GDP grew nearly 6% in the current fiscal year, reaching $1.62 Trillion in terms of purchasing power parity (PPP). In nominal US$ terms, the size...

#Europe, #US, #G7 court #India to join efforts to punish #Russia. #Biden views India as too essential a partner to contain #China to seriously consider sanctioning India for increasing its trade with Russia. #ModiInGermany #Modi #Ukraine...

https://www.southasiainvestor.com/2022/06/modis-india-busting-western-sanctions.html India, a western ally, is openly buying Russian coal, oil and weapons worth tens of billion of dollars. These actions amount to busting western sanctions and financing President Vladimir Putin's war on Ukraine...