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

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

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 economy: Q2 GDP growth revised upward to 3.3%; driven by low imports and strong consumer spending – The Times of India

US economy: Q2 GDP growth revised upward to 3.3%; driven by low imports and strong consumer spending – The Times of India

The United States economy showed stronger growth than previously estimated in the second quarter of the year, government figures showed on Thursday.According to the second estimates released by the US commerce department, the gross domestic product (GDP) rose at an annual rate of 3.3% between April and June, an upward revision from the 3.0% figure…

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