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China owns THIS much stake in Pakistan Stock Exchange, data reveals amid US-China deal

admin04 mins

China’s expanding geopolitical ownership shows that the Asian nation owns a significant stake in Pakistan and Bangladesh’s stock exchanges by acquisition through the consortium method, official filings data show. In 2017, China acquired a 40 per cent stake in the Pakistan Stock Exchange (PSE), though a consortium of companies like the Shanghai Stock Exchange (SSE),…

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Disinvestment: The government must take a clear stance on PSE stake sales

admin06 mins

In recent years, the government’s policy on disinvestment has been cloudy. While it has in the past endorsed the mantra that ‘the government has no business being in business,’ its actions would suggest otherwise. Its move to grant Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) ‘Navratna’ status should bring…

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