Articles for tag: 2024 elections, delayed, Fall, General Election 2024, Latest, poll, poll results, PSX, results, stocks

PSX sinks 3.68% after ‘election upset’

KARACHI: The Pakistan Stock Exchange (PSX) was down 3.68%, or 2,362 points, immediately after opening on Friday. Panic selling followed the upset in the general election, sending the index to a 10-day low of 61,782. Muhammad Sohail, CEO of Topline Securities, commented briefly, “PSX tumbled…after unexpected election results.” According to partial results of Thursday’s general election in the country, PTI-backed independent candidates won a majority of National Assembly seats, contrary to pre-election survey results and expectations that the PML-N would form the new civilian government in Centre. The unexpected election result caused panic selling among investors. They also unloaded some

February 6, 2024

Decoding Pakistan’s Electoral Politics

In the dynamic landscape of Pakistan’s economic future, the upcoming elections are a pivotal moment with far-reaching implications. As the nation prepares to vote, the economic outlook becomes a focal point, affecting investor confidence, policy direction and overall stability. The outcome of the election will shape the trajectory of Pakistan’s economic growth, determining the effectiveness of fiscal and monetary measures. Stakeholders closely monitor promises made by political contenders on economic reforms, trade policies and infrastructure development. A strong and sustainable economic agenda can potentially unlock opportunities for foreign investment, promote job creation and improve the overall business environment. The choices

February 6, 2024

Pakistan Electoromics: Decoding the Economic Ballot

February 2, 2024

Sports

Will the parties play on the promises of their sports?

Sporting activity is an important part of any healthy society and therefore requires consistently adequate measures for the well-being of athletes and institutions. However, central and provincial officials normally dictate how sport is run in the country and so the election will have a significant impact on how things play out in the future Ahead of the general elections on February 8, 2023, here’s a look at the manifestos of all the major political parties and what it could mean for sports in Pakistan soon. In its manifesto for the upcoming elections, the MQM-P aims to ensure that all kinds

January 31, 2024

PML-N’s Economic Promises — Can They Be Realized?

The Pakistan Muslim League-Nawaz (PML-N) has launched an ambitious economic development agenda just days before the February 8 general election, touting it as the master plan that will sooner or later place Pakistan among the world’s top 20 economies. Central to their pledges is a pledge to create one crore (10 million) jobs and achieve a strong GDP growth of 6%. The party’s vision emphasizes sustainable development, job creation and substantial GDP growth as key elements for raising Pakistan’s global economic status. However, as voters evaluate these sweeping economic goals, the Nawaz-led party faces the challenge of articulating a comprehensive

January 29, 2024

Modi will bet on popularity over populism in pre-poll budget

NEW DELHI: Indian Prime Minister Narendra Modi is expected to reverse a trend of big spending on new welfare programs in a budget ahead of a general election to focus on infrastructure to keep the economy muted while narrowing the fiscal gap. Finance Minister Nirmala Sitharaman will announce the 2024/25 budget on February 1, which economists say will be heavy on political messages, drumming up the Modi government’s pitch for inclusive growth but conservative in its approach to expenses. “The government will likely seek to strike a balance between pre-election policy messages, fiscal consolidation needs and continued focus on capital

January 29, 2024

The Indian opposition’s challenge to Modi is faltering

NEW DELHI: An opposition effort to jointly challenge Indian Prime Minister Narendra Modi in a national election is faltering after one key party switched sides and two others broke ranks. The developments give a boost to Modi’s goal of winning nearly three-quarters of the seats in elections due by May. The Bharatiya Janata Party’s (BJP) return to power in the eastern state of Bihar on Sunday after a regional party quit the opposition bloc means it will contest elections in three of India’s four most politically important states. Bihar sends the fourth most directly elected MPs to parliament, while neighboring

January 14, 2024

Are social media platforms ready to tackle misinformation?

BANGKOK: From deeply fake videos of Indonesian presidential candidates to online hate speech directed at India’s Muslims, social media misinformation has increased ahead of the election year, and experts say tech platforms aren’t ready for it. challenge. Voters in Pakistan, Indonesia and India head to the polls this year as more than 50 countries hold elections, including in the United States where former President Donald Trump wants to return. In Bangladesh, Prime Minister Sheikh Hasina was sworn in for a fifth term last Thursday after a landslide victory in elections boycotted by the opposition. Misinformation on social media has had

January 6, 2024