Microsoft has officially ceased its operations in Pakistan after 25 years, citing economic instability and political turmoil as key factors. The decision follows a period of declining trade conditions, high taxes, and difficulties in tech imports. Former President Alvi linked the exit to missed investment opportunities due to regime change, highlighting a shift towards Vietnam for expansion.
The rideshare program has pitted disability advocates against organized labor, which sees the program as a way for Pace to outsource union jobs to poorly compensated gig workers at taxpayer expense.
CA Rudramurthy BV advises buying on dips in Nifty until it stays above 25,000, with 25,200 as strong support. He suggests similar strategy for Bank Nifty above 56,000, anticipating positive Q1 results to drive market highs. Top sector picks include Defence (BEL, HAL), Pharma (Divis Labs, Laurus Labs, Biocon), and PSU banks (SBI, PNB).
