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Pakistan’s manufacturing sector slump: Private investment plunges 46%; experts warn of long-term industrial decay

Representative image (Picture credit: ANI) Pakistan’s manufacturing industry, once considered a key driver of economic growth and employment, is undergoing one of its worst downturns in recent history. The sector has seen a steep 46 per cent fall in private investment over the past six years, raising fears of long-term stagnation among economists and industrial…

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US–China trade ties: Beijing halts export ban on ‘dual-use’ materials; gallium, germanium, antimony set to flow again

China has stepped back from one of its toughest trade measures against the United States, pausing a ban that restricted exports of gallium, germanium, antimony and other products linked to high-tech manufacturing. The commerce ministry said on Sunday that the suspension applies to “dual-use” items, goods that can be used for both civilian and military…

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China CPI: Inflation rises 0.2% after months of stagnation in October; property and spending pressures persist

China saw a mild increase in consumer prices in October, breaking a stretch of stagnation and decline as the world’s second-largest economy continues to fight a series of economic setbacks. Official figures released on Sunday by the National Bureau of Statistics (NBS) show that the consumer price index (CPI) edged up 0.2% year-on-year last month….

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Thanksgiving on budget: US retailers push cheaper private-label meals; here’s what Walmart, Target & more are doing

This Thanksgiving, retailers in the United States are leaning heavily on private-label products to promote what they say are the most affordable meal deals in years. Walmart, Target and Aldi are each highlighting cost savings ahead of the holiday, but the reductions come with trimmed menus and more store-brand substitutes.At Walmart, this year’s meal bundle…

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US shutdown: More than 2,500 flights cancelled over weekend; passengers left confused amid Thanksgiving season

Flight schedules across the United States were thrown off course this weekend, after the Federal Aviation Administration (FAA) ordered airlines to scale back operations due to the ongoing government shutdown, a move that has already led to more than 2,500 cancellations by Saturday evening.The FAA’s directive, issued because staffing levels have dropped at radar centres…

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US Shutdown: Trump demands ACA payments go straight to Americans; hits at ‘fat cat’ insurers and Obamacare

US President Donald Trump has escalated his attack on the Affordable Care Act (ACA), urging Republicans to divert federal healthcare payments directly to Americans instead of insurance companies, as the ongoing government shutdown marks its longest stretch in US history.In a new post on Sunday, Trump repeated his demand that Republicans stop sending what he…

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Ghost job ads surge: Firms use fake listings for market data, branding; experts flag 25% annual rise

The number of ghost job postings — advertisements for roles that do not actually exist — has risen sharply, growing by about 25% year-on-year, according to recruitment industry experts. These listings, increasingly visible across social and professional platforms, are often put up by companies that have no immediate hiring intent, using them instead for market…

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Rare earths push: Experts urge India to build global partnerships; highlight need for domestic refining, ecosystem

India should widen its collaboration with friendly countries to strengthen its capabilities in rare-earth material development, industry experts said at the CII Conference on Building Resilient Rare Earth Metal (REM) Supply Chains Through Technology Localisation held in Chennai on Friday.According to news agency ANI, R Saravanabhavan, deputy adviser (minerals) at Niti Aayog, said that India’s…

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Rural demand surge: Countryside drives India’s consumption rebound; urban growth seen picking up in Q3 FY26

Rural India continues to drive the country’s consumption rebound, outpacing urban markets despite recent policy measures aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL).According to MOFSL’s latest ECOSCOPE report titled “Rural Rules, Urban Follows,” rural consumption rose 7.7 per cent year-on-year in the second quarter of FY26 — the highest…

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COP30: India calls equitable, concessional finance the cornerstone; urges developed nations to deliver on climate commitments

India has reiterated that equitable, predictable, and concessional climate finance remains central to achieving global climate goals, underscoring the principle of fairness and shared responsibility at the Leaders’ Summit of COP30 in Belem, Brazil.Delivering India’s National Statement, Ambassador Dinesh Bhatia said the country’s climate action continues to be guided by equity, national circumstances, and the…

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