Speaking to ANI on the Iran-Israel conflict, retired Air Marshal Kapoor said, "This was building up for the last about six months or so. The Iranian public has come on streets in January asking for regime change because of very high inflation in Iran."
"We are into the second week of the protests. They started around the end of December, and it's about 9-10 days since the protests started. Protests are not unusual in Iran. They keep happening regularly at small levels," he told ANI. "This is an economic protest driven primarily by the dist
In the wake of the protests which took place in Iran as the country is facing severe economic strain, Senior Researcher Dennis Citrinowicz told ANI that despite the challenging situation in Iran, a regime change is unlikely and that one has to wait and watch how things develop.
Pakistan's latest household survey shows families now spend nearly two-thirds of their income on food and utilities due to high inflation. Spending on education and health has sharply declined, while reliance on remittances has increased, highlighting rising inequality and shrinking purchasi
India's inflation hit a low of 3.6 per cent in February with many states seeing high inflation. According to SBI research report, Kerala reported the highest inflation rate of 7.3 per cent among states in February, followed by Chhattisgarh at 4.9 per cent.
Notably, Pakistan's economy has been in dire condition following the devastating floods in 2022, high inflation, and political instability alongside structural issues, have led to multiple crises related to meeting the food and energy needs of the population.
The initial public offering (IPO) market in the Asia-Pacific (APAC) region demonstrated exceptional resilience in 2024, navigating challenges like high inflation and geopolitical tensions to deliver remarkable growth.
Bangladesh's post-Covid recovery continues to be impacted by high inflation, balance of payments deficit, financial sector vulnerabilities, and increasingly limited job opportunities for its youth, especially women and educated youth, says the World Bank in its twice-yearly-update, released
Faced with high inflation during the COVID-19 pandemic, the US monetary policy committee raised the policy rate by 425 basis points in 2022 and another 100 basis points in 2023 as part of its commitment to restoring price stability.
As Pakistan continues to grapple with a severe economic crisis, its residents also continue to endure some of the worst financial turmoil on a daily basis.