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Poverty in Pakistan: A deepening crisis in a lower-middle-income state
WORLD

Poverty in Pakistan: A deepening crisis in a lower-middle-income state

Islamabad, July 25 — Pakistan enters FY2026 still classified by the World Bank as a lower-middle-income country, and it sits within the Bank's "blend" category, a status that gives Islamabad access to both concessional financing from the International Development Association (IDA) and near-market…

India's rapid economic rise lays foundation for Vision 2047: Report
BUSINESS

India's rapid economic rise lays foundation for Vision 2047: Report

New Delhi, July 25 — India's remarkable economic transformation since Independence has laid a strong foundation for achieving its Vision 2047 goal of becoming a developed nation, although sustained investments in health, education, jobs and green energy will be crucial to maintaining the country's…

Employee grievances pending for over 25 years resolved: Minister
BUSINESS

Employee grievances pending for over 25 years resolved: Minister

New Delhi, July 25 — Union MoS for Personnel, Public Grievances and Pensions Dr. Jitendra Singh on Saturday said the government’s focus on transparency, accountability and employee welfare resolved several legacy service‑related grievances that had remained pending for nearly 25 to 30…

ChatGPT hit by global outage, over 1,500 users report issues
BUSINESS

ChatGPT hit by global outage, over 1,500 users report issues

New Delhi, July 25 — US-based AI giant OpenAI's chatbot ChatGPT faced a global technical disruption on Saturday, with more than 1,500 users reporting issues on the platform.As of around 3 pm, Downdetector recorded 1,535 user reports, indicating widespread problems with ChatGPT services.According to…

Nepal's export boom relies on edible oil and Indian market
WORLD

Nepal's export boom relies on edible oil and Indian market

Kathmandu, July 25 — Nepal's exports reached a record high in fiscal year 2025-26, which ended in mid-July, but the country's export success is becoming increasingly dependent on a narrow range of products and a single market — India. According to the annual foreign trade statistics released by…

CM Satheesan to launch Vizhinjam's EXIM era on Aug 18
NATIONAL

CM Satheesan to launch Vizhinjam's EXIM era on Aug 18

Thiruvananthapuram, July 25 — Vizhinjam International Seaport is set to achieve another landmark in its evolution with the commencement of full-fledged gateway export-import (EXIM) cargo operations from August 18, transforming the country's newest deep-water port from an exclusive international…

Gold posts 1.31 pc weekly surge as US-Iran conflict escalates
BUSINESS

Gold posts 1.31 pc weekly surge as US-Iran conflict escalates

Mumbai, July 25 — Gold prices surged 1.31 per cent on a weekly basis as escalating conflict between the US and Iran, along with a surge in crude oil prices, prompted a flight to safe-haven assets.On Friday, MCX gold August futures gained 0.17 per cent while MCX silver September futures advanced…

India bets big on infrastructure-led growth across sectors
BUSINESS

India bets big on infrastructure-led growth across sectors

New Delhi, July 25 — India is betting big on infrastructure-led growth and the world is starting to take notice, a new report has said, adding that Prime Minister Narendra Modi’s government has spent more than a decade attempting one of the most ambitious economic transformations in modern…

AU Small Finance Bank Q1 net profit falls 4 pc sequentially
BUSINESS

AU Small Finance Bank Q1 net profit falls 4 pc sequentially

New Delhi, July 25 — AU Small Finance Bank on Saturday reported a 4.3 per cent sequential decline in its net profit for the first quarter (Q1) of FY27, according to the bank's filing.However, on a year-on-year basis, the bank's net profit rose 37 per cent, supported by strong growth in net interest…

MosChip Technologies Q1 net profit plunges nearly 78 pc in FY27
BUSINESS

MosChip Technologies Q1 net profit plunges nearly 78 pc in FY27

New Delhi, July 25 — Semiconductor and product engineering services provider MosChip Technologies has reported a 77.56 per cent year-on-year decline in its consolidated net profit to Rs 2.45 crore for the first quarter (Q1) of FY27, as lower revenue and margin contraction weighed on its…

Dodla Dairy's Q1 net profit declines 42 pc in FY27
BUSINESS

Dodla Dairy's Q1 net profit declines 42 pc in FY27

New Delhi, July 25 — Dodla Dairy Ltd on Saturday reported a consolidated net profit of Rs 40.64 crore for the quarter ended June 30, about a 42 per cent decline sequentially from Rs 69.8 crore in the previous quarter.However, revenue rose 19 per cent to a record Rs 1,197.94 crore, but profitability…