South Asia Investor Review

In a television speech to the nation, Indian Prime Minister Narendra Modi urged his people to make sacrifices by spending less on fuel, fertilizer, and travel. He also asked them not to buy gold for a year. “To save foreign exchange, we must accept the challenge of patriotism,” he said. It appears that India's problems do not just stem from the effects of the US-Iran war; India's problems started well before that. Flight of foreign capital has put the Indian currency under tremendous pressure, with the Indian rupee falling nearly 10% in recent months. Many analysts believe that the Indian IT services exports could fall significantly as the artificial intelligence (AI) models begin to replace the IT workers. It could create a balance of payments crisis that could force India to seek the IMF bailout in the not too distant future.  Already, the Indian economy has slipped to the sixth-largest economy by nominal GDP , dropping from previous projections that had it at fourth. Indian ...

Pakistan has recently launched 5G wireless service in multiple cities and closed financing on the 306 kilometer 6-lane Sukkur-Hyderabad M6 motorway. In addition, Pakistan is seeing significant increase in the utilization of its Gwadar and Karachi ports after the closure of the Strait of Hormuz due to the US-Iran war. This will help open the trade routes from Pakistan to Central Asia via Iran, bypassing unstable Afghanistan. It has the potential to eventually make Pakistan a major transshipment hub for the region extending to the land-locked Central Asian Republics. Another major news is the Asian Development Bank financing of cross-border connectivity of the power grid and digital networks. These developments are expected to substantially enhance economic activity in the country, in spite of the short-term negative impact of the energy crisis, particularly in oil and gas imports.  5G Launch: Wireless carriers Jazz and Zong have launched 5G services across Pakistan in March 2026. ...

On the morning of April 13, 2026, a surgeon named Cain, stopped my heart at a San Francisco hospital to graft two bypass veins to restore full blood supply to my heart. It's a procedure called CABG (coronary artery bypass graft pronounced like the vegetable), that seems to have become fairly routine in modern times. Dr. Brian Scott Cain was assisted by Dr. Danielle Holland, a cardiovascular anesthesiologist. Prior to the procedure, Dr. Cain told me he had done nearly 4,000 such operations in his 20 years as a cardiovascular surgeon. In terms of risk, he said, there was a 1% chance of death and 2% chance of stroke during surgery. But the upside after successful surgery is a significant improvement in quality of life.  In a Chair on 4th Day in Hospital, With Chest Scar Clearly Visible By the time I woke up in an intensive care unit (ICU) a few hours later, I was told it all went smoothly.There were no surprises. Dr. Cain informed me that my heart is in good shape. I was kept in the I...

Both the American and the Iranian delegations are expected to begin peace talks in Islamabad tomorrow after the announcement of the Pakistan-brokered ceasefire. The US team is led by Vice President J.D. Vance and includes President Trump's envoy Steve Witkoff and the president's son-in-law Jared Kushner. The Iranian team includes Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Aragchi. Mohammad Ghalibaf is a former IRGC (Iranian Revolutionary Guard Corps) commander with close ties to the hardliners.   The Islamabad meeting has come as a result of the tireless efforts of the Pakistani leaders to stop the war since it started on February 28 with the US-Israeli attack on Iran. But these efforts took on special urgency on the morning of April 7,  when President Donald Trump posted an ominous warning on Truth Social: "A Whole Civilization will die tonight, never to be brought back again". "We will find out tonight, one of the most important mome...

The Annual Status of Education Report ( ASER ) Pakistan 2025 national report, officially released on March 26, 2026, shows that the number of "Out of School Children" (OOSC) aged 6-16 years in Pakistan is now 5 million, not 25 million generally reported.  "The findings on access are encouraging. Enrollment levels are high, with 92.2 percent of children aged 6–16 in school and only 7.7 percent out of school", says the ASER Pakistan 2025 report. ASER Pakistan is a citizen-led initiative, primarily led by Idara-e-Taleem-o-Aagahi (ITA) in collaboration with various national and international partners to promote foundational learning. It also works closely with over 10,000 volunteers and numerous local civil society organizations such as the Aga Khan Foundation (AKF), PAL Network (People's Action for Learning),  UNESCO and federal and provincial government departments in Pakistan.  Enrolling Out of School Children in Pakistan. Source: ASER Via Bilal Gilani  The lates...

Over 1000 Pakistani medical graduates have been matched in the 2026 NRMP (National Residency Matching Program), according to APPNA (The Association of Physicians of Pakistani Descent of North America).  This 2026 program was the largest in history, offering 44,344 positions to 53,373 registered applicants, with over 93% of spots filled. Among Pakistani medical graduates matched, Karachi's Dow Medical University graduates led the pack with 132 matches, followed by 109 from Lahore's King Edwards Medical University and 60 from Karachi's Aga Khan Medical College.  Top Pakistani Medical Schools in US Residency Programs. Source: APPNA Nearly 3,000 Indian medical graduates made up the largest group among international medical graduates matched in US residency programs this year. Pakistanis were second with over 1,000 matches.  Over 9,000 International Medical Graduates (IMGs) (including both U.S. citizens and non-U.S. citizens) matched into U.S. residency positions, with non-U.S...