Pakistan’s economic forecast: GDP could grow 5%-6.5%; IMF flags corruption risks

The International Monetary Fund (IMF) highlighted persistent corruption challenges in Pakistan, warning that systemic weaknesses across state institutions could limit economic growth unless urgent reforms are undertaken, Dawn reported.The IMF’s Governance and Corruption Diagnostic Assessment (GCDA) is a prerequisite for its executive board to approve a $1.2 billion disbursement, expected next month. The report, as…

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‘Gandhi personally chose him’: Congress MP counters Amit Shah’s ‘vote chori’ charge on Nehru; shares ‘historical truth’ | India News

Manickam Tagore counters Amit Shah’s “vote chori” claim, says Gandhi chose Nehru in 1946 NEW DELHI: Congress MP Manickam Tagore on Thursday hit back at Union home minister Amit Shah’s remark that Jawaharlal Nehru became India’s first prime minister through ‘vote-chori.’ Tagore listed five points to argue that Nehru assumed the post fairly and legitimately.“What…

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Trump says he’d be disappointed if Fed pick doesn’t cut rates; Warsh vows to be ‘independent actor’

Donald Trump, left, and Kevin Warsh US President Donald Trump on Tuesday said he would be disappointed if his nominee for Federal Reserve chair, Kevin Warsh, does not cut interest rates right away after taking office if confirmed by the Senate. Trump, during an interview with CNBC’s “Squawk Box,” also said “we have to find…

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S&P 500, Nasdaq hit fresh highs as Nvidia rallies; US-China talks in focus

Wall Street extended its rally on Thursday, with the S&P 500 and Nasdaq touching fresh intraday record highs, led by gains in chipmaker Nvidia as investors tracked economic data and developments from the high-stakes US-China summit, Reuters reported.The Dow Jones Industrial Average rose 270.32 points, or 0.54 per cent, to 49,963.52 in early trade. The…

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