Pakistan’s economy is in deep crisis these days, and it is directly impacting foreign investment. Recently, MFCG sector legendary company Proctor & Gamble (P&G) has announced to cover its business from Pakistan. The company clarified that the economic and political atmosphere there is no longer suitable for business. Business activities are being severely affected due to the reasons such as foreign exchange crisis, high tax, political instability and rising inflation. Before P&G, big companies like Microsoft, Yamaha, Telenor, Shell, Total Energies, and PFIZER have also closed their manufacturing and operations in Pakistan. Going out of these companies has affected investment, employment, technical transfer and business confident in the country. This shock is no less than a warning for a GDP Pakistani economy with a GDP of about 36 lakh crores. If the situation does not improve, then more companies can leave the country in the coming days.

The second chapter of the trade war between the US and India has started! The US has announced to impose 10% tariffs on 100 countries before the July 9 deadline, which has shaken the stock market. Sensex was initially flat, but IT, metal, pharma and banking shares saw a decline. BRICS countries may also suffer double loss of this decision as Trump has warned of imposing additional tax on these countries if they go against the US policy. The markets of Japan and Hong Kong were also in decline. At the same time, the delay in the talks of US-India Trade Deal is worrying investors. Will there be a big stir in the market by July 10? Know the complete information in this video!