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Articles for tag: attracting, begins, devotees, Ganges, Hindu pilgrimage, Hindu unity, History of Kumbh Mela, holy feast, India, Indian festival, Kumbh, Kumbh Mela 2025, Maha, Maha Kumbh Mela, Mela, millions, Prayagraj, religious gathering, uttar pradesh, years, Yogi Adityanath

January 13, 2025

News Desk

Maha Kumbh Mela begins in India after 144 years, attracting millions of devotees

Listen to the article The world’s largest religious gathering, the Maha Kumbh Mela, began in India, drawing millions of Hindu worshipers to the banks of the Ganges in Prayagraj, Uttar Pradesh. The festival, which takes place every 12 years, is particularly important this year as it marks the Maha Kumbh Mela, a major event that takes place only once every 144 years. The festival is expected to attract over 400 million people, the largest crowd in the event’s history, and will run for 45 days, ending on February 26. Prayagraj is considered one of the holiest places for Hindus due

November 27, 2023

News Desk

Conditions for attracting sustainable foreign investment

KARACHI: The investment landscape in Pakistan is marred by a complex web of legal, transparency and bureaucratic challenges as well as weak democratic institutions. The mining lease for Reko Diq or the agreement with the independent power producers (IPPs) are just two examples that offer many valuable lessons. Attracting foreign investment is vital for the economic growth and development of emerging economies like Pakistan. To achieve this, it is important to create an environment that prioritizes strong treaty enforcement, the rule of law, transparency and democracy. These factors are critical in creating an atmosphere conducive to foreign investment and promoting

November 26, 2023

News Desk

The caretaker government is committed to attracting FDI

LAHORE: Punjab’s acting Minister for Transport and Livestock, Ibrahim Hassan Murad, reiterated the service complex’s commitment to attracting foreign investment as a critical response to the challenges facing the country. Murad highlighted ongoing efforts, stating, “Contracts are being signed with various countries, especially China, to promote bilateral trade and investment.” He expressed the nation’s respect for the China-Pakistan Economic Corridor (CPEC), predicting over $100 billion in investment in Pakistan. Speaking at the opening of the 7th Pakistan Industrial Expo at the Lahore Exhibition Centre, Murad underlined the importance of international cooperation. About 100 Chinese companies and more than 150 Pakistani

October 31, 2023

News Desk

SIFC faces obstacles in attracting FDI

Islamabad: Pakistan’s Special Investment Facilitation Council (SIFC) may fall short of its mission to attract significant foreign investment due to a lack of focus on structural issues, while the military’s involvement in economic matters threatens the nation’s stability, according to a recent report. by the Political Research Institute of the Market Economy (PRME). Involving the military in economic decision-making without the required expertise could not only destabilize the country but also lead to the failure of key initiatives, the report warned. The report, released on Monday, offers a comprehensive analysis of the drivers behind the establishment of the SIFC, its

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