Should you invest in property — or cars?

Karachi: Amjad Lodhi, who owns a car rental company, bought a Toyota Corolla in 2019 for around Rs2.5 million. Having paid off the amount in three-year instalments, he recently sold it for Rs3m, a cool Rs500,000 more than the or...

Bottom of the pile

Last semester, an acquaintance taught, as adjunct faculty, a course at a very well-known and probably the best public sector university in the country. The ‘per hour’ payment that he was given a contract for was quite low. M...

15-Sep-2024 Read More

Reforms & the IMF

STRUCTURAL reform is a prerequisite for Pakistan’s sustained economic growth. To put it bluntly, given our population and labour force growth rates, we need to grow at six per cent at a minimum to reduce poverty, unemployment ...

14-Sep-2024 Read More

Outsourcing matters

An entrepreneur investing in establishing a manufacturing unit or setting up a business will aspire to get maximum returns in terms of profit from his initiative. Depending upon the magnitude of investment, he will have no contr...

14-Sep-2024 Read More

Public Mis-service Inc

THROUGHOUT my profession, I have closely engaged with government ministries, agencies and departments, both at the local and federal levels. In my younger days, the calling of the public services was strong, and I passed through...

14-Sep-2024 Read More

Grim example

The struggle to eliminate extremism from society and create a more tolerant nation cannot succeed without the state’s firm commitment to achieving this goal. But when representatives of the state themselves are found to be inv...

14-Sep-2024 Read More