The Economic Times newspaper published an article entitled $2.4 Trillion Worth of Gold! India’s Household Hoard is 6x Pakistan’s Economy. Indian households hold an estimated 25,000 tons of gold worth $2.4 trillion—nearly six times Pakistan’s GDP and greater than Italy’s economy. Despite monetization challenges, high prices and strong demand keep gold central to Indian wealth. […]
Tag Archives: Pakistan
03
May
May
The Pahalgam terror attacks in Kashmir, India, has again brought the Kashmir conflict in front of the world. The nation states of India and Pakistan are on the brink of a hot war again. Both these states are nuclear powers, and any nuclear war between them will not only devastate the local region of South […]
30
Dec
Dec
India has border disputes with Pakistan, Bangladesh, China, Nepal, Bhutan, and Myanmar. Are India’s neighbours particularly unfriendly? Is India necessarily so honest that we must trust the map that the Indian government provides us? In reality, any line on the world-map—depending on the scale of the map and the kind of the pen used—represents a […]
27
Nov
Nov
Pakistan faces two major external foes. One is India, whose economy is eight-times larger, and hence has a much higher capacity to finance the military. The other external foe is the existence of Afghanistan, a chaotic bunch of tribes that is a country only on the map. In trying to tame it, the USSR faced […]