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Pakistan economy’s on upward trajectory-Pakistan Asia’s best market, beats India

The MSCI India index has advanced 8.39 per cent annually during the same period. The KSE100 index of the Karachi Stock Exchange rallied 2,625 per cent from 1,772 in January 2000 to around 48,300 in December 2016, while the Sensex of the BSE (Mumbai) advanced 431 per cent in this period. KSE100 tracks the performance of biggest companies by market capitalisation from each sector of the Pakistani economy listed on bourses. On the other hand, the 30-share Sensex jumped from 5,005 in December 1999 to 26,626 on December 30, 2016.

Violation of IWT is a great threat for international institutions’ credibility- US initiates process for resolving IWT dispute amicably without waiting for an invitation

The US administration has initiated the process for peacefully resolving the current water dispute between India and Pakistan without waiting for an invitation to do so. The latest dispute concerns two hydroelectric power plants — Kishanganga and Ratle — that India is building on the Indus rivers system. Pakistan believes that the projects violate the design parameters of the Indus Waters Treaty (IWT), which provides specific criteria for such plants.

Host: Fouzia Rana


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