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PIA Privatisation: Pakistan plans to sell its national airline, PIA, through a live bidding process on December 23. This privatization is a key part of the country's IMF bailout program. The government aims to improve PIA's financial health and global standing. This sale represents a significant privatization effort for Pakistan after nearly two decades. The process is moving forward with transparency.
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News and Media
JPMorgans Rajiv Batra says PSU banks remain a top tactical bet despite recent volatility, with strong credit growth, tech upgrades, and policy support set to drive re-rating. FIIs may return as Indias growth, earnings, and reforms strengthen. He expects nominal GDP to rise, supporting 1314% earnings growth and further upside in midcaps if momentum holds.
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News and Media
Macron has sought to pressure Xi to help secure a ceasefire in Ukraine, as the war with Russia drags into a fourth winter. China regularly calls for peace talks and respect for the territorial integrity of all countries, but has never condemned Russia for its 2022 invasion.
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News and Media
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