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India overtakes China as world's most populated nation

09:50 AM | 26 May, 2023
India overtakes China as world's most populated nation
Source: File photo

According to the latest data from the United Nations’ Population Division, India has taken over China as the world’s most populous country.

With an estimated population of over 1.425 billion people, India now holds the official record for the highest population. It is remarkable that India achieved this milestone despite having a land area nearly three times smaller than China. China, which had held the population record since the 1950s, reached a peak population of 1.426 billion in 2022 before experiencing a decline.

The data from the United Nations indicates that while India’s population growth rate has slowed down, it still remains higher than that of China. However, both countries have seen declines in their fertility rates.

In 2023, India’s population growth rate stands at 0.61 percent, marking the smallest increase since 1960. This is significantly lower compared to population growth rates in countries like Bangladesh, Morocco, and Colombia.

Despite the slowdown, India continues to have a significant number of women entering their reproductive years, contributing to its population growth. In fact, India is the largest contributor to the global working-age population growth, accounting for 23% of the growth between 2020 and 2025.

In terms of demographics, India has a substantial percentage of its population in various age groups. According to the United Nations Population Fund report, 25 percent of India’s population comprises children aged 0-14, while 68 percent fall within the 15-64 age category. In contrast, China has a lower percentage of its population in the younger age groups.

India’s rise in population has implications that go beyond demographics. The country attracts a significant number of tourists, with millions of people from around the world visiting famous attractions like the Taj Mahal and the Amber Palace.

India’s newfound status as the world’s most populous country highlights the complex challenges and opportunities that lie ahead. The government will need to address issues such as healthcare, infrastructure, and resource management to ensure sustainable development and a high quality of life for its growing population.

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Pakistani rupee remains stable against US dollar, Euro, Pound and other currencies

Pakistani rupee remained stable against US dollar, and other currencies in the open market amid strong economic cues.

Dollar Rate in Pakistan Today

On Sunday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.

Euro moves down to 309.9 for buying and 310.5 for selling. British Pound rate stands at 359.4 for buying, and 360.05 for selling.

UAE Dirham AED also moved down to 77.45 whereas the Saudi Riyal drops to 75.82.

Today’s currency exchange rates in Pakistan – 3 December 2023

Currency Symbol Buying Selling
US Dollar ‎USD 285.15 287.95
Euro EUR 309.9 310.5
UK Pound Sterling GBP 359.4 360.05
U.A.E Dirham AED 77.45 77.6
Saudi Riyal SAR 75.82 75.97
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 759.94 767.94
Canadian Dollar CAD 209.99 210.49
China Yuan CNY 39.78 39.88
Danish Krone DKK 41.95 42.05
Hong Kong Dollar HKD 36.38 36.48
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.39 935.39
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 742.16 750.18
Qatari Riyal ‎QAR 78.5 79.2
Singapore Dollar SGD 212.45 212.95
Swedish Korona SEK 27.09 27.19
Swiss Franc CHF 325.38 325.88
Thai Bhat THB 8.05 8.09

Gold prices increase in Pakistan; check out today gold rates in Pakistan - 3 December 2023  

The price of gold increased by thousands of rupees due to an upward trend in the international market.

Gold Rates in Pakistan Today - 3 December 2023

On Sunday, the price of a single tola of 24-karat gold stands at Rs219,800 and 10 grams of 24k gold costs Rs188,450.

Meanwhile, single tola of 22 Karat gold costs Rs201,482, 21 karat rate costs Rs192,325 and 18k gold rate is Rs164,850.

Globally, gold prices hover at around $2072, gaining $32 on Sunday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 219,800 PKR 2,730
Karachi PKR 219,800 PKR 2,730
Islamabad PKR 219,800 PKR 2,730
Peshawar PKR 219,800 PKR 2,730
Quetta PKR 219,800 PKR 2,730
Sialkot PKR 219,800 PKR 2,730
Attock PKR 219,800 PKR 2,730
Gujranwala PKR 219,800 PKR 2,730
Jehlum PKR 219,800 PKR 2,730
Multan PKR 219,800 PKR 2,730
Bahawalpur PKR 219,800 PKR 2,730
Gujrat PKR 219,800 PKR 2,730
Nawabshah PKR 219,800 PKR 2,730
Chakwal PKR 219,800 PKR 2,730
Hyderabad PKR 219,800 PKR 2,730
Nowshehra PKR 219,800 PKR 2,730
Sargodha PKR 219,800 PKR 2,730
Faisalabad PKR 219,800 PKR 2,730
Mirpur PKR 219,800 PKR 2,730

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