Industry drives economic growth amid global recession: Hammad

ISLAMABAD, Dec 15 (APP): Federal Minister for Industries and Production, Hammad Azhar Tuesday said that Pakistan industry was driving economic growth and recovery at a time when the global economy was in deep recession. In a Tweet, he said that the production of Large Scale Manufacturing (LSM) in the country increased by 5.46 percent during… Continue reading Industry drives economic growth amid global recession: Hammad

India’s economy in “severest recession” amid dire prediction for further deterioration: Report

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NEW YORK, Nov 27 (APP): India’s economy is in “severest recession” since 1996 — the year it began publishing its gross domestic product numbers — while other countries, especially China, are fast recovering from the devastation of the coronavirus pandemic, according to an American media report. In a dispatch from New Delhi, The New York… Continue reading India’s economy in “severest recession” amid dire prediction for further deterioration: Report

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