Tue, 21-Oct-2025

Large-scale manufacturing decline 1.2% in October

LSMI

KARACHI: Large-scale manufacturing industries (LSMI) in October, 2021 showed big industry output inched down 1.2 per cent year-on-year, Pakistan Bureau of Statistics (PBS) data showed. “On yearly basis in October 2021, the decline in production of non-metallic mineral products i.e., cement declined 13.2 per cent, pharmaceuticals i.e., tablets 23.1 per cent, capsules 44.4 per cent … Read more

IMF sees China’s growth ‘slowing notably’

IMF

WASHINGTON: China has an important part to play in the global economy, as it recovers from the Covid-19, but its growth is slowing, IMF managing director Kristalina Georgieva said on Monday. The head of the Washington-based crisis lender held a virtual meeting with Chinese Premier Li Keqiang and discussed topics ranging from inflation to the recovery … Read more

Coal, an unavoidable pollutant in the harsh Afghan winter

Afghan winter

KABUL: At a Kabul market, coal is arriving by the tonne as the winter cold sets in. Even as prices rise, Afghans have a few options but to burn it for heat, creating some of the world’s most dangerous air. “Pollution causes serious respiratory diseases … All Afghans know what coal does,” customer Amanullah Daudzai, dressed … Read more