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Pak saw highest inflation in the world during 2020: SBP
Pak saw highest inflation in the world during 2020: SBP

Islamabad, For Pakistans residents, fiscal year 2020 was the worst year as they witnessed highest inflation in the world forcing policy makers to increase interest rate, according to the State Bank of Pakistan (SBP).

"Pakistan witnessed highest inflation not only in comparison with the developed economies but

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Mexican Governor sorry for police brutalities amid protests
Mexican Governor sorry for police brutalities amid protests

Mexico City,  The governor of the Mexican state of Jalisco has apologized for police brutality amid continued protests sparked by the death of a man in police custody.

Enrique Alfaro released a video on Saturday in which he said he was appalled by the police beating protesters in the state capital of Guadalaj

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China runs war propaganda against India over Ladakh
China runs war propaganda against India over Ladakh

New Delhi/Beijing, China is running full-blown propaganda on its high altitude war preparations, threatening India as troops of both sides remain locked in a face-off along the Line of Actual Control (LAC) in eastern Ladakh.

Chinese state-run media outlet Global Times claimed that the People's Liberation Army

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Malaysia easing more restrictions as COVID-19 under control: PM
Malaysia easing more restrictions as COVID-19 under control: PM

Kuala Lumpur,  Malaysia is further easing restrictive measures to allow nearly all social, education, commercial activities to resume since the latest figure suggests that the COVID-19 pandemic was under control, Prime Minister Muhyiddin Yassin said on Sunday.

In a televised speech, Muhyiddin announced that t

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China's trade surplus rockets as imports slump in May
China's trade surplus rockets as imports slump in May

Beijing, China's foreign exchange reserves climbed to record highs in May as imports and commodity prices plunged, the central bank showed on Sunday.

China's foreign exchange reserves grew to $3.1017 trillion by the end of May, from $3.0915 trillion in late April, reports Efe news.

On the ot

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SL to ensure safety for tourists when airports reopen
SL to ensure safety for tourists when airports reopen

Colombo, Sri Lanka will provide international visitors with the highest standards of safety when its airports re-open from August 1 following the containment of COVID-19, the Tourism Ministry said on Sunday.

The Sri Lanka Tourism Development Authority (SLTDA) has put in place all precautions recommended by global

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Intel hires Tim McDonough as VP, GM of client computing business
Intel hires Tim McDonough as VP, GM of client computing business

San Francisco, Business-to-business marketing veteran Tim McDonough has joined Intel as the Vice President and General Manager of marketing for consumer and business PCs.

Prior to joining Intel, McDonough worked in organisations like Unity Technologies, Innovid, Forcepoint LLC, Qualcomm and Microsoft.

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Nation
Most urban Indians hopeful of jobs return post lockdown: Survey
Most urban Indians hopeful of jobs return post lockdown: Survey

New Delhi,  A majority of urban Indians are hopeful that lost jobs would return after the lifting of the lockdown restrictions, according to a survey by Ipsos.

In a statement, Ipsos said that the global survey found that Indians were found to be most optimistic of jobs returning, once all the restriction

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Economy/Business Nation
Fewer Madhya Pradesh labourers retracing their steps
Fewer Madhya Pradesh labourers retracing their steps

Bhopal, Reverse migration of labour from Madhya Pradesh to industry-intensive regions elsewhere is at a much lower scale than that reported from other heartland states like Uttar Pradesh and Bihar or even Chhattisgarh and Jharkhand.

Stories of labour being wooed back to work with promises of much higher wage packa

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Economy/Business Regional North
Punjab sets up panel on breaking nexus in illicit liquor trade
Punjab sets up panel on breaking nexus in illicit liquor trade

Chandigarh, A day after he announced a Special Investigating Team (SIT) to probe the trade in illicit liquor, Punjab Chief Minister Amarinder Singh on Saturday said an Excise Reforms Group had been set up to break the nexus between producers, wholesalers and retailers of illicit liquor.

The five-member group has b

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