The Pakistani government is facing a cash shortage, resulting in delayed salaries for staff at certain diplomatic missions. Press attaches and press counsellors stationed in the US, Hong Kong, and Singapore have not received salaries since June due to the country’s depleted foreign exchange reserves. This poses a significant challenge for officials in expensive cities like Washington, DC, and Hong Kong.
Rs 10 lakh to invest in 2026? Nilesh Shah’s practical take on smallcap vs midcap, gold and silver
Nilesh Shah of Kotak Mahindra AMC advocates a pragmatic 2026 investment strategy, emphasizing earnings visibility and valuation comfort. He suggests a multi-asset allocation of 55%