Ceaseless turmoil
THE Chinese have a saying: “There is turmoil under the heavens.” Come to think of it, has there ever been a time in history when there has not been turmoil…
Pakistan’s best option
The global economy has gone through multiple stages of development – from laissez-faire to neoliberalism, passing through the socialist concept of central planning that leads towards a closed economy. The…
Paradigm behind an ideal tax-to-GDP ratio
One point of commonality in all twenty-three International Monetary Fund (IMF) programmes secured by Pakistan to date is an emphasis on raising tax revenue with more recent programmes seeking not…
Equity mutual funds: a half year of turmoil
The first half of fiscal year 2023 has come to an end, and will be remembered as a time where Pakistan lurched from crisis to crisis. The cacophony of political…
RIP Sartaj Aziz
ONE by one, those with a memory, and those who played a critical role navigating this country through the many crises it has passed through, are leaving us. The last…
AI – the bank of tomorrow
It is 2030. Imagine walking down I.I. Chundrigar Road Karachi. Imagine what will you see? Imagine if banking becomes totally digital. Imagine if branches disappear. Imagine if AI robots looking…
US debt- ceiling deal dooms Biden’s revolutionary tax plans
US President Joe Biden’s 2020 campaign promise to make wealthy Americans and corporations pay more in taxes to finance a range of social priorities breathed its last gasp, at least…
Is investor’s fright an investment’s flight?
Pakistan is nestled in the southern part of Asia, sitting precariously between Afghanistan, India, Iran, and below China, with the Arabian sea lapping on its southern shores and the Himalayas…
Equity mutual funds: a half year of turmoil
The first half of fiscal year 2023 has come to an end, and will be remembered as a time where Pakistan lurched from crisis to crisis. The cacophony of political…
As small-cap stocks lag, Wall Street worries about broad slowdown
An historic rally in share prices for smaller US companies has slowed sharply in April after six months of strong gains, leading many investors to worry that the stock market…
