Business Standard

Go and invest in Pakistan, Rakesh Jhunjhunwala tells British investor

The remark came as a retort to repeated questioning by a London-based investor at the World Hindu Economic Forum on the rising joblessness in India

Markets may correct in the short term. But in a bull market the correction is always sharp, swift and short-lived: Rakesh Jhunjunwala
Premium

Rakesh Jhunjunwala

Press Trust of India Mumbai
Big bull Rakesh Jhunjhunwala on Friday advised a British investor to "invest in Pakistan" if he has doubts over the joblessness in the country.

The remark came as a retort to repeated questioning by a London-based investor at the World Hindu Economic Forum on the rising joblessness here.

It can be noted that at 6.7 percent, unemployment has risen to a 45 year high in 2018, according to the official data, which the government though has chosen not to make public. In defence, officials say the data do not capture the gig economy and other self-employed jobs.

"Don't come if you

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in