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Showing posts from December, 2015

Cow Dung Sales Boost E-Commerce in India

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Cow patties -- cow poop mixed with hay and dried in the sun, made mainly by Indian women in rural area -- are among the hottest selling items by online retailers including Amazon and eBay in India, according to media reports. Some retailers are offering discounts for large orders and offering free gift wrapping.


Cow dung has a special spiritual significance in Hindu religion. The cows in India do not eat non-vegetarian items and only eat grass or grains which makes cow dung holy and acceptable. In a lot of pujas (worship rituals), both dried and fresh cow dung is used.  From Govardhan Puja to havans, cow dung is used during pujas.

In many spiritual "yagnas", the fire is lit using dried cow dung and desi ghee (clarified butter). It is believed that burning cow dung with ghee is one of the best ways to purify the home, according to BoldSky.com.

In addition, cow dung is the most widely used fuel in India for heating and cooking in rural areas. However, the online orders are com…

Pakistan Ranked 5th in the World For Financial Inclusion

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When people in need of money go to unscrupulous and unregulated moneylenders, they usually get trapped in mounting debts at exorbitant interest rates. In developing nations like India and Pakistan, many end up losing their basic freedom and human dignity when they are forced to work as bonded laborers. How can this situation be changed?

The first obvious answer is to enforce laws and rules against the use of bonded labor. The second, often ignored, answer is to enable people to legitimately borrow the money they need from regulated financial institutions like banks.  In addition, they can also save and invest money as bank customers. This is called financial inclusion.

The Economist magazine publishes an annual Economic Intelligence Unit (EIU) assessment and ranking of countries for their policies to promote financial inclusion. In 2015, the EIU has ranked Pakistan 5th in the world among 55 countries surveyed for financial inclusion. Peru (90 points) and Colombia (86) remained the top…

Pakistan Economy Nears Trillion Dollar PPP GDP Mark in 2015

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Pakistan's PPP GDP is nearing trillion US$ mark in 2015, according to the latest figures available from the International Monetary Fund.

Nominal GDP based on current exchange rates is reported at $270 billion in 2015, up from $246 billion in 2014, an increase of $24 Billion.  Pakistan's per capita nominal GDP for 2015 is $1,427.085, up from $1,325.790 in 2014.

The nation's PPP GDP increased from $884 billion to $930 billion, an increase of $46 billion. Pakistan per capita PPP GDP is $4,902 for 2015, up from $4,749 in 2014, according to the IMF.

A dramatic decline in terrorist violence in Pakistan since the launch of Pakistan Army's Operation Zarb-e-Azb and a big drop in international oil prices have helped drive the country's economic recovery in recent months.

Among the clearest signs of recovery are increasing auto sales, growing smartphone purchases and cement consumption.

Pakistan auto industry is booming. Toyota, Suzuki and Honda factories are working around t…