Business – Page 4 – South Asian Desk

IMF Pakistan Conditions Reach 64 in $7bn Bailout Push

Friday, December 12, 2025

Business

ISLAMABAD – The International Monetary Fund imposed 11 new conditions on Pakistan during the second review of its $7 billion extended fund facility on Thursday. These target corruption, tax reforms, and sector

Modi Trump Call Reviews Bilateral Progress

Friday, December 12, 2025

Business

Prime Minister Narendra Modi and US President Donald Trump held a productive phone conversation on Thursday. This Modi Trump call focusing on trade, defence and regional stability amid ongoing tariff negotiations. Indian

India Eases Chinese Business Visas in 4 Weeks to Boost Ties

Friday, December 12, 2025

Business

India eases Chinese Business Visas, cutting processing to four weeks and removing extra checks, officials said. This step aims to revive economic links strained since a 2020 border clash. The move follows

Shehbaz Sharif Turkmenistan Visit Seals Connectivity Pacts

Friday, December 12, 2025

Business

Prime Minister Shehbaz Sharif met Turkmenistan President Serdar Berdimuhamedov in Ashgabat on Thursday to vow stronger Pakistan Turkmenistan bilateral ties. The Shehbaz Sharif Turkmenistan visit, part of a two-day official trip, focused

India Canada Bilateral Ties Advance Via Envoy Engagements

Thursday, December 11, 2025

Business

OTTAWA – India’s High Commissioner to Canada Dinesh K Patnaik held key meetings with senior Canadian officials this week. The discussions advanced India Canada bilateral ties through focused talks on parliamentary cooperation

India: PM Modi-Tajani Meeting Yields 2025-29 Strategic Boost

Thursday, December 11, 2025

Business

NEW DELHI – Prime Minister Narendra Modi met Italian Deputy Prime Minister Antonio Tajani on Wednesday. The Modi-Tajani meeting took place in New Delhi at 4:35 PM. Discussions focused on the Italy-India

Mexico Tariffs India: Up to 50% Hit on $8.9bn Exports

Thursday, December 11, 2025

Business

NEW DELHI – Mexico imposed up to 50 per cent tariffs on goods from India and other Asian nations without trade pacts on Thursday. The Senate approved Mexico tariffs measure at 4:35

Pakistan IMF Tranche Boosts Reserves by $1.2bn

Thursday, December 11, 2025

Business

ISLAMABAD – The State Bank received a $1.2 billion as Pakistan IMF tranche on Thursday. This disbursement follows the IMF Executive Board’s approval of the second review under the Extended Fund Facility

Trump Gold Card Visa Launches at $1 Million

Thursday, December 11, 2025

Business

US President Donald Trump launched the Trump gold card visa programme on 10 December 2025. The initiative offers permanent residency and a fast-track to citizenship for a $1 million payment per person.

Bangladesh Debt Repayments Increase: 617% Surge

Wednesday, December 10, 2025

Business

Bangladesh debt repayments increased to 617% from 2010 to 2024, reaching $7.3 billion last year. The World Bank flagged this as the fastest growth in South Asia. Exports failed to match the

Pakistan: Smuggled Iranian Diesel Seized in Balochistan – 1.76m Litres Nabbed

Wednesday, December 10, 2025

Business

Smuggled Iranian diesel, totaling 1,764,615 liters, was seized in Balochistan on Tuesday, December 9, 2025. The Pakistan Coast Guards (PCG) conducted raids in the Uthal, Gwadar, and Pasni areas. Maritime patrols netted

India EU FTA: Deadline Push Targets 2025 Close

Wednesday, December 10, 2025

Business

India and the European Union intensify efforts to seal the India EU FTA before year-end. Commerce Minister Piyush Goyal met EU Trade Commissioner Maroš Šefčovič on December 8-9. Talks focused on outstanding

Mobile Phone Taxes Pakistan: NA Orders Review Amid Affordability Crisis

Wednesday, December 10, 2025

Business

The National Assembly Standing Committee on Finance and Revenue has directed the Federal Board of Revenue and Pakistan Telecommunication Authority to review mobile phone taxes Pakistan imposes, citing unaffordable rates that burden

Amazon India Investment Surges to $35bn by 2030

Wednesday, December 10, 2025

Business

New Delhi, India – Wednesday, 10 December 2025 Amazon has committed over US$35 billion to its India operations by 2030, announced today at the Amazon Smbhav Summit. The move targets AI expansion,

PM Shehbaz Sharif Indonesia Talks Seal 7 MoUs

Tuesday, December 9, 2025

Business

Prime Minister Shehbaz Sharif hailed his talks with Indonesian President Prabowo Subianto as productive, yielding seven MoUs to boost trade and health ties amid the 75th anniversary of diplomatic relations. Prime Minister

Pakistan UN Humanitarian Appeal Secures $64.9m for 1.9m People

Tuesday, December 9, 2025

Business

Pakistan will receive $64.9 million under the Pakistan UN humanitarian appeal as part of the United Nations’ $33 billion global plan for 2026. This targets 1.9 million vulnerable people in Pakistan facing

US Tariffs Ruin 400,000 Jobs in India Diamond Industry

Diamond Industry: US Tariffs Ruin 400,000 Jobs in India

Tuesday, December 9, 2025

Business

New US tariffs on cut and polished diamonds have triggered mass layoffs across the US tariffs India diamond industry, affecting nearly 400,000 workers in Gujarat’s hubs. On Monday, December 9, 2025 reports

Telangana Rising Summit 2025 Unveils $3 Trillion Vision

Monday, December 8, 2025

Business

HYDERABAD: Governor Jishnu Dev Varma inaugurated the Telangana Rising Summit 2025 on Monday, December 8, 2025, at 4:35 PM at Bharat Future City in Meerkhanpet. Chief Minister A Revanth Reddy delivered the

UN Aid Cuts 2026 Slash Needs by Half

Monday, December 8, 2025

Business

ISLAMABAD: The United Nations launched its UN aid cuts 2026 plan on Monday, December 8, 2025, at 4:35 PM. It seeks $23 billion to aid 87 million people. This halves the 2025

Indonesian PM Prabowo Subianto Pakistan Visit Boosts Ties in 2 Days

Monday, December 8, 2025

Business

ISLAMABAD: Indonesian President Prabowo Subianto arrived in Islamabad on Monday, December 8, 2025, at 4:35 PM for a two-day official visit. Prime Minister Muhammad Shehbaz Sharif extended the invitation. President Asif Ali

Gold Rate India Rises 1.7% on Dollar Dip, Fed Cut Hopes

Monday, December 8, 2025

Business

The gold rate India surged 1.7 percent to ₹1,31,320 per 10 grams for 24-carat on Monday, December 8, 2025. This climb followed a 0.15 percent drop in the US dollar index to

India coal rail shipments to power plants

India Coal Power 2035: Caps at 307 GW with No Expansion

Monday, December 8, 2025

Business

New Delhi, December 8, 2025 – India has no immediate plans to expand coal power capacity beyond 2035, capping it at 307 gigawatts, a top power ministry official stated on Sunday. This

Pakistan Current Account Deficit Surges 256% to $733m in 4 Months

Monday, December 8, 2025

Business

ISLAMABAD – Pakistan current account deficit widened sharply to $733 million in the first four months of fiscal year 2026, driven by rising imports and stagnant exports, according to State Bank of

Pakistani Rupee Devaluation Pressures Mount Amid $2.87bn Trade Gap

Sunday, December 7, 2025

Business

ISLAMABAD, Monday, August 25, 2025 – Pakistani rupee devaluation demands intensify as the nation’s trade imbalance deepens, with the USD to PKR rate today at 281.87 threatening the rupee 280 barrier. Officials

Russia India Afghanistan Ties Strengthen in Summit Pact

Sunday, December 7, 2025

Business

Prime Minister Narendra Modi and President Vladimir Putin reaffirmed Russia India Afghanistan cooperation during their December 4-5 summit in New Delhi. The leaders issued a joint statement stressing counterterrorism Afghanistan measures against

Pakistan Afghanistan Medicine Trade Faces $200m Risk from Closures

Saturday, December 6, 2025

Business

Recurrent border shutdowns at Torkham and Chaman threaten the Pakistan-Afghanistan trade in medicines, worth nearly $200 million annually. Pharmaceutical exporters report stranded shipments of essential drugs like antibiotics and vaccines. Industry leaders

IMF Pakistan $1.2 Billion Loan Nears Approval on Dec 8

Saturday, December 6, 2025

Business

Pakistan stands on the brink of securing vital financial support as the IMF Executive Board prepares to approve the $1.2 billion IMF Pakistan loan. This tranche could bolster the nation’s economy amid

RBI Repo Rate Cut to 5.25% Signals Growth Push

Saturday, December 6, 2025

Business

The Reserve Bank of India slashed its repo rate by 25 basis points to 5.25 per cent on Friday. This unanimous Monetary Policy Committee decision aims to fuel economic expansion amid record-low

India Russia Oil Deal Secures ONGC’s 20% Stake in Sakhalin-1 Project,

Friday, December 5, 2025

Business

India’s state-run ONGC Videsh edges towards retaining its 20% share in Russia’s Sakhalin-1 project through a rouble-based payment mechanism, leveraging frozen dividends amid Western sanctions. The India Russia oil deal bolsters bilateral

Bangladesh RMG Exports FY26 Stagnate at $16.13bn

Monday, May 11, 2026

Business

Bangladesh RMG exports FY26 reached $16.13 billion from July to November, a mere 0.09 per cent increase from the prior year, according to Export Promotion Bureau data released on Thursday. This slowdown

Putin Modi Summit Boosts Defence Ties with 10 New Deals

Friday, December 5, 2025

Business

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi held the 23rd annual Putin Modi summit in Delhi on Friday. The talks focused on trade growth, Ukraine peace efforts, and energy

Putin India Visit Bolsters Defence Ties Amid US Tariffs

Thursday, December 4, 2025

Business

Russian President Vladimir Putin begins his India visit on Thursday, 4 December 2025, at the invitation of Prime Minister Narendra Modi. He lands in New Delhi at 6:35 PM for the 23rd

India Russian Oil Imports Decline May Be Temporary: Kremlin

Tuesday, December 2, 2025

Business

India’s Russian oil imports have plunged by 65% in December, falling to 600,000-650,000 barrels per day from November’s 1.87 million bpd peak, trade data shows. The Kremlin says this India Russian oil

EU Flood Aid Pakistan: €3 Million Boosts Relief

Tuesday, December 2, 2025

Business

The European Union announced €3 million in emergency cash aid for flood-hit communities in Pakistan’s Punjab province on Monday. This support targets vulnerable households recovering from severe monsoon flooding. Aid delivery starts

Putin India Visit 2025 Targets 5 Key Deals

Tuesday, December 2, 2025

Business

Russian President Vladimir Putin arrives in New Delhi on Monday for a two-day summit with Prime Minister Narendra Modi, focusing on energy exports and defence pacts amid US tariffs. The visit underscores

Egyptian FM Pakistan COAS Asim Munir Meeting Boosts Defence Ties

Monday, December 1, 2025

Business

Egyptian Foreign Minister Badr Abdelatty met Pakistan’s Chief of Army Staff Field Marshal Asim Munir at General Headquarters in Rawalpindi on Sunday, November 30, 2025, at 4:35 PM. The Egyptian FM COAS

India Supplementary Budget 2025: Rs 41,455 Crore Boost Approved

Monday, December 1, 2025

Business

India’s government sought and received Parliament’s approval for a supplementary budget 2025 on Monday, December 1, 2025, at 4:35 PM. The move unlocks net additional spending of Rs 41,455 crore (US$4.92 billion)

Bangladesh Remittance November 2025 Surges to $2.68 Billion

Monday, December 1, 2025

Business

Bangladesh remittance inflow reached US$2.68 billion in the first 29 days of November 2025, marking a key boost to the economy. The Bangladesh Bank released the data on Sunday, showing a 15.8

Afghanistan Turkey Relations: Mediation Boosts Ties Amid Ceasefire

Sunday, November 30, 2025

Business

Afghanistan’s Foreign Minister Amir Khan Muttaqi met Turkey’s chargé d’affaires Cenk Ünal in Kabul on Monday. The two discussed Afghanistan Turkey relations. They focused on expanding political and economic links. Ünal announced

Pakistan Tax Shortfall: Rs428bn Miss in Jul-Nov Hits IMF Targets

Sunday, November 30, 2025

Business

Pakistan tax shortfall reaches Rs428 billion in five months amid IMF Pakistan tax concerns over governance lapses. FBR PRAL outsourcing draws scrutiny as collections lag despite hikes, straining bailout conditions. Pakistan Tax

India US Helicopter Deal Agreement Valued at $894 Million

Sunday, November 30, 2025

Business

India US helicopter deal have finalised follow-on support agreements valued at approximately $894 million for the sustainment of the Indian Navy’s MH-60R Seahawk helicopter fleet. The Defence Ministry announced that two Letters

Nepal Electricity Export Expansion to Bangladesh: Dhaka to Import 20MW More

Saturday, November 29, 2025

Business

Bangladesh has agreed to increase its electricity imports from Nepal by an additional 20 megawatts, bringing the total supply under the Nepal electricity export arrangement to 60MW. This expansion comes as part

Tesla Model Y Price Reduction India: 33% Cut Forecast

Wednesday, November 26, 2025

Business

Tesla announced a Tesla Model Y price reduction India of up to one-third over the next four to five years. The forecast, shared by company leaders, follows the vehicle’s July 2025 launch

India-Canada Trade Talks Restart Amid Diplomatic Progress

Monday, November 24, 2025

Business

India-Canada trade talks resume negotiations for a comprehensive trade pact, Prime Ministers Mark Carney and Narendra Modi announced on the sidelines of the G20 summit in Johannesburg on 23 November. The move

Tejas Crash Harms India Export Hopes After Pilot Dies

Sunday, November 23, 2025

Business

Wing Commander Namansh Syal died when a Tejas fighter jet crashed during a display at the Dubai Airshow on Friday, dealing a blow to India’s ambitions as the Tejas crash harms India

Dar Meets Japanese Deputy FM in Brussels, Eyes Deeper Ties

Sunday, November 23, 2025

Business

Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar meets Japanese Deputy Vice Minister for Foreign Affairs Eri Arfiya in Brussels on 21 November 2025. The informal discussion occurred on the margins

Punjab Potohar Agriculture Uplift Plan Injects PKR 7 Billion for Farmer Revival

Sunday, November 23, 2025

Business

Rawalpindi, Monday, August 25, 2025 – The Punjab government launched the Punjab Potohar agriculture uplift plan on Tuesday, allocating PKR 7 billion to transform farming in the arid Potohar region through subsidies,

Indian and Afghan Envoys Meet in Kyrgyzstan to Advance Trade

Saturday, November 22, 2025

Business

Indian and Afghan envoys convened in Bishkek on Monday to discuss enhanced bilateral cooperation, focusing on trade routes and regional links. The meeting, held at 4:35 PM local time, involved India’s Ambassador

Afghanistan Uzbekistan Agriculture Export Deal Boosts Trade by $500m

Friday, November 21, 2025

Business

Uzbekistan has finalised an Afghanistan Uzbekistan agriculture export deal that lifts import restrictions on key Afghan produce, enabling air shipments of fruits to Central Asian markets and beyond. The agreement, involves officials

Indian Banks Comply with US Russia Sanctions, Cut Oil Ties

Friday, November 21, 2025

Business

Indian banks comply with US Russia sanctions targeting Rosneft and Lukoil, as refineries pause Russian crude purchases to safeguard Western ties, a U.S. Treasury official confirmed on Thursday in Washington. Compliance Accelerates

US Approves $93M Javelin Sale to India Boosting Defence Ties

Thursday, November 20, 2025

Business

The United States State Department approved on Thursday a $93 million anti-tank missile systems and Excalibur projectiles Javelin sale to India. This move aims to enhance New Delhi’s defence posture. The approval

Ishaq Dar EU GSP+ Talks: Renewal Push in Brussels Talks

Thursday, November 20, 2025

Business

Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar engaged in pivotal Ishaq Dar EU GSP+ talks with European Council President António Costa in Brussels on Tuesday. The discussions centred on renewing

Afghanistan Trade Minister India Investment Push Targets Mining, Power Sectors

Thursday, November 20, 2025

Business

Afghanistan trade minister India investment initiatives took centre stage as Alhaj Nooruddin Azizi landed in the capital on Wednesday for talks aimed at unlocking fresh capital flows and market access. The visit

Bangladesh Rice Import Benapole 2025 Hits 13,528 Tons

Wednesday, November 19, 2025

Business

Bangladesh rice import from Benapole in 2025 resumes with 13,528 tons of coarse rice arriving from India via the land port since August. Officials confirmed this on Monday, August 25, 2025, at

Gold Prices Rise 6.5% in India in November on Geopolitical Heat

Wednesday, November 19, 2025

Business

Gold prices rise in India in November 2025, reaching ₹126,900 per 10 grams by mid-month, up 6.5 per cent from early lows, driven by global tensions and a weaker dollar. This surge,

Pakistan Uzbekistan Pharma Joint Committee Boosts Trade Ties

Wednesday, November 19, 2025

Business

Pakistan Uzbekistan pharma joint committee formed during bilateral talks on Monday, November 17, 2025, aims to enhance pharmaceutical trade by resolving certification delays. Officials from both nations agreed to include drug regulators

India US LPG Deal November Secures 2.2MTPA Amid Trade Pressures

Monday, November 17, 2025

Business

New Delhi announced on Monday the India US LPG deal November, under which Indian public sector undertakings will import 2.2 million tonnes per annum of liquefied petroleum gas from the United States.

Jaishankar, Bahrain Foreign Minister Discuss Deepening Partnership

Sunday, November 16, 2025

Business

External Affairs Minister S Jaishankar held a phone call with Bahrain Foreign Minister Abdullatif bin Rashid Al Zayani on Sunday, November 16, 2025, to discuss ways to strengthen bilateral partnership and review

Bangladesh Economy Ahead of 2026 Elections Faces 3.7% Slump

Saturday, November 15, 2025

Business

Bangladesh economy ahead of the 2026 elections slowed to 3.7 per cent growth in FY25, down from 4.2 per cent in FY24, amid production disruptions and investor caution under the Yunus interim

Tajikistan Defence Minister Calls on COAS, Vows Deeper Ties

Saturday, November 15, 2025

Business

Tajikistan Defence Minister Colonel General Sobirzoda Emomali Abdulrahim called on Pakistan’s Chief of Army Staff Field Marshal Syed Asim Munir at General Headquarters in Rawalpindi on Thursday, November 13, 2025. The COAS

India Credit Guarantee Scheme for Exporters Allocates $227.5 Million

Thursday, November 13, 2025

Business

The Indian Cabinet approved the Credit Guarantee Scheme for Exporters (CGSE) on Tuesday, allocating Rs 20,000 crore ($227.5 million) as FY26 export support for India. This move targets collateral-free loans for MSMEs

India's Economy Grows 7.8% in Q4 FY26; Full Year at 7.7%

India Economy 6.5% Growth 2027 Despite Tariffs

Thursday, November 13, 2025

Business

Moody’s Ratings forecasts India economy 6.5% growth 2027. The agency expects annual real GDP expansion at 6.5 per cent through 2027. This positions India as the G20’s fastest-growing major economy. The projection

Ishaq Dar Vows to Elevate Pakistan Belarus Ties

Pakistan Belarus Ties: Ishaq Dar Vows to Elevate This Bond

Thursday, November 13, 2025

Business

Deputy Prime Minister and Foreign Minister Ishaq Dar met Sergei Aleinik, head of the Belarusian delegation and former foreign minister, in Islamabad on Wednesday. The encounter occurred on the sidelines of the

Kremlin Prepares for Putin India Visit Amid Deepening Ties

Tuesday, November 11, 2025

Business

The Kremlin has confirmed active preparations for Russian President Vladimir Putin India visit later this year, signalling a boost to bilateral relations amid global tensions. This development, announced on Monday, underscores the

Indian Stocks Rise 0.6% Amid US Shutdown Hopes

Monday, November 10, 2025

Business

Indian stocks rise on Monday amid US shutdown hopes, with the BSE Sensex gaining 479 points or 0.57% to 83,695 and the NSE Nifty 50 advancing 143 points or 0.56% to 25,635

India Sugar Export Quota 2025: 1.5 MT Cleared Amid Surplus

Monday, November 10, 2025

Business

India approved the 2025 sugar export quota of 1.5 million tonnes on Monday to address the rising domestic surplus from the 2025-26 season. The Department of Food and Public Distribution announced the

Russian Ambassador Hails India-Russia Ties’ 6x Surge to $70bn

Sunday, November 9, 2025

Business

Russian ambassador Denis Alipov described India-Russia ties as time-tested and future-oriented in an interview on Monday. He spoke ahead of President Vladimir Putin’s planned December visit to New Delhi for the annual

Sri Lanka Budget 2026 Unveiling Targets 2.3% Surplus Boost

Friday, November 7, 2025

Business

President Anura Kumara Dissanayake presented Sri Lanka’s 2026 budget in Parliament on Friday, November 7, 2025, at 1:30 PM, outlining LKR 4,470 billion in primary expenditure to achieve a 2.3% GDP primary

India Cuts Russian Oil Purchases by 65% as Sanctions Bite

Friday, November 7, 2025

Business

India cuts Russian oil purchases for December arrivals, pausing orders from suppliers tied to sanctioned firms Rosneft and Lukoil. This affects 65% of India’s Russian crude intake. The decision follows US sanctions

India’s High Gold Rates in November 2025 Hit ₹1.21 Lakh Mark

Tuesday, November 4, 2025

Business

High Gold rates in India reached a record ₹1,20,769 per 10 grams on Monday, November 4, 2025, amid global economic jitters and festive buying, impacting the jewellery sector and household budgets across

Pakistan and Turkiye Boost Bilateral Trade to $5bn Target

Tuesday, November 4, 2025

Business

Istanbul, November 3, 2025 – Pakistan and Turkiye agreed to boost bilateral trade during a high-level meeting on Monday. Commerce Minister Jam Kamal Khan met Trade Minister Prof Dr Omer Bolat in

Pakistan China Submarine Deal 2026 Boosts Regional Defence

Monday, November 3, 2025

Business

Pakistan will commission its inaugural Hangor-class submarine in 2026 as part of the Pakistan China submarine deal 2026, Chief of Naval Staff Admiral Naveed Ashraf announced in an exclusive interview. The $5

India Manufacturing PMI October 2025 Rises to 59.2 on Demand Surge

Monday, November 3, 2025

Business

India’s manufacturing sector posted its strongest expansion in five years in October 2025, with the HSBC India Manufacturing PMI (Purchasing Managers’ Index) climbing to 59.2 from 57.7 in September. Released on Monday,

Sri Lanka Trade Deficit Widens to $910m

Saturday, November 1, 2025

Business

Sri Lanka trade deficit widened to USD 910 million in September 2025, up from USD 634 million a year earlier, as imports rose sharply while exports posted moderate growth. The Central Bank

US Pakistan Rare Earth Minerals Meeting Challenges China’s Dominance

Saturday, November 1, 2025

Business

A US delegation led by Critical Minerals Forum President Robert Louis Strayer II met Pakistan’s Finance Minister Muhammad Aurangzeb in Islamabad on October 31, 2025, to discuss cooperation in the US Pakistan

India Sri Lanka Power Grid Talks Advance on 1,000 MW HVDC Link

Friday, October 31, 2025

Business

India and Sri Lanka held virtual talks on Monday, August 25, 2025, to advance their power grid talks for interconnection project. Led by India’s Ministry of Power Secretary Pankaj Agarwal and Sri

Ishaq Dar Anita Anand Cooperation Targets Trade Surge

Friday, October 31, 2025

Business

Deputy Prime Minister and Foreign Minister Ishaq Dar received a call from Canadian Foreign Minister Anita Anand on Thursday evening, October 30, to advance Ishaq Dar Anita Anand cooperation. The discussion, held

US-China Preliminary Trade Truce

Thursday, October 30, 2025

Business

US President Donald Trump and Chinese President Xi Jinping met on the sidelines of the APEC Summit in Busan, South Korea, on Thursday, October 30, 2025, to discuss a temporary trade agreement.

Indian Oil-Vitol Partnership Amid US Sanctions Boosts Trade

Thursday, October 30, 2025

Business

Indian Oil Corporation (IOC) announced plans on Wednesday to form a joint venture with global trader Vitol in Singapore, set for launch in early 2026, amid tightening US sanctions on Russian oil

Trump: 250% Tariffs Stopped India-Pakistan War

Thursday, October 30, 2025

Business

US President Donald Trump stated on Wednesday that Trump 250% tariffs stopped India Pakistan war by forcing a ceasefire during a May flare-up that saw seven planes shot down. Speaking at the

Bangladesh, Maldives Strengthen Bilateral Cooperation in Key Sectors

Wednesday, October 29, 2025

Business

Bangladesh and the Maldives strengthen bilateral cooperation in education, religious affairs, and culture during a high-level meeting in Male. Bangladesh High Commissioner Dr Md Nazmul Islam met Maldives Minister of Islamic Affairs

Shehbaz MBS Meeting Riyadh October Bolsters $25B Ties

Tuesday, October 28, 2025

Business

Riyadh, Saudi Arabia, Prime Minister Shehbaz Sharif held bilateral talks with Saudi Crown Prince Mohammed bin Salman in Riyadh on Monday, October 27, 2025, ahead of the Future Investment Initiative conference. The

India FY26 Growth Outlook Strong at 6.8%

Monday, October 27, 2025

Business

NEW DELHI – India’s FY26 growth outlook stands firm at 6.8 per cent, according to the Reserve Bank of India on Monday. The upgrade from 6.5 per cent reflects strong private consumption

Reliance Races Battery Gear Orders Out of China Before November Curbs

Monday, October 27, 2025

Business

Reliance Industries dispatched a team to China this week to expedite shipments of battery gear orders out of China. The move comes ahead of Beijing’s export curbs on battery supply chain equipment,

PM Shehbaz Sharif Leads Delegation to Riyadh FII9 for Key Deals

Sunday, October 26, 2025

Business

PM Shehbaz Sharif leads a high-level delegation to Riyadh for the Ninth Future Investment Initiative (FII9) from 27 to 29 October 2025. The visit, at the invitation of Saudi Crown Prince Mohammed

IMF Praises Bangladesh Reserves: $27B Milestone

Sunday, October 26, 2025

Business

Dhaka, Bangladesh) – IMF praises Bangladesh reserves after foreign exchange holdings climbed to USD 27.35 billion under the IMF’s valuation method as of 16 October 2025. Thomas Helbling, Deputy Director of the

Iran Seeks to Boost Maritime Connectivity With Pakistan

Sunday, October 26, 2025

Business

Tehran, Iran – Iran-Pakistan maritime connectivity advances through ministerial talks, where officials propose ferry links and port collaborations to achieve a USD 10 billion bilateral trade target. The discussions, held on 15-16

Afghanistan Iran Turkey Railway MoU 2025 Unlocks Trade Routes

Afghanistan Iran Turkiye Railway MoU 2025 Unlocks Trade Routes

Saturday, October 25, 2025

Business

Kabul — Afghanistan, Iran, and Turkiye signed a railway MoU on 22 October 2025 in Istanbul to advance tripartite railway cooperation, focusing on the construction of the Herat-Mazar-e-Sharif line. The agreement, reached

India Won't Rush US Trade Deal, Goyal Insists

India Won’t Rush US Trade Deal 2025, Goyal Insists

Saturday, October 25, 2025

Business

New Delhi, October 25, 2025 – Commerce and Industry Minister Piyush Goyal declared on Friday that India won’t rush US trade deal Piyush Goyal’s oversight, rejecting any restrictive conditions during his address

Pakistan PM 3-Year Energy Package Ignites Industry Revival

Friday, October 24, 2025

Business

Islamabad, October 24, 2025 – Prime Minister Shehbaz Sharif unveiled the Pakistan PM 3 year energy package industry on Thursday, targeting industrial and agricultural sectors with subsidised electricity rates to drive growth

Blackstone invests in Federal Bank India

Blackstone Invests $705M in Federal Bank India for 9.99% Stake

Friday, October 24, 2025

Business

US private equity firm Blackstone invests Federal Bank India through its affiliate, acquiring a 9.99% stake for $705 million (INR 61.97 billion). The deal, announced on Friday, October 24, 2025, at 4:35

India Clears $9 Billion Arms Proposals to Strengthen Defences.

Friday, October 24, 2025

Business

India cleared $9 billion arms proposals on Thursday, chaired by Defence Minister Rajnath Singh, to acquire advanced missiles, naval guns, and vehicles for its armed forces. The Defence Acquisition Council (DAC) meeting

Poland Deputy PM Islamabad Visit Sparks 2-Day Diplomacy Boost

Friday, October 24, 2025

Business

Islamabad, October 23, 2025, 4:35 PM. Poland deputy PM’s visit to Islamabad kicks off as Radosław Sikorski lands for a two-day official trip. He meets Deputy PM Ishaq Dar at the Foreign

Modi to Skip ASEAN Summit 2025 in Malaysia Over Diwali

Thursday, October 23, 2025

Business

Kuala Lumpur, October 23, 2025, 4:35 PM – Prime Minister Narendra Modi to skip ASEAN Summit in Malaysia, opting for virtual participation due to Diwali celebrations, Malaysian Prime Minister Anwar Ibrahim announced

Pakistan 3 Trillion Economy Hindrances Exposed

Thursday, October 23, 2025

Business

Islamabad: Finance Minister Muhammad Aurangzeb warned that climate change and rapid population growth pose major Pakistan 3 trillion economy hindrances. In a recent television interview, he highlighted these as existential threats derailing

Trump Sanctions Russian Oil Firms, India with 25% Tariffs Hit

Thursday, October 23, 2025

Business

Washington: US President Donald Trump announced sanctions on major Russian oil firms on 22 October 2025, targeting Rosneft and Lukoil to force Moscow towards a Ukraine ceasefire, while reiterating claims that India

Indian Rupee Opens Higher After Diwali, Up 0.16%

Indian Rupee Opens Higher and Stronger After Diwali

Thursday, October 23, 2025

Business

The Indian rupee opens higher after Diwali on Thursday, 23 October 2025, strengthening to around 87.85 against the US dollar from its previous close of 87.9275, driven by positive cues from a

Trump Modi Trade Talks Spark Tariff Relief Hopes

Wednesday, October 22, 2025

Business

WASHINGTON (South Asian Desk) – Trump Modi trade talks dominated a phone conversation between US President Donald Trump and Indian Prime Minister Narendra Modi on Tuesday. The leaders addressed tariffs and energy

Indian Economy Resilient Amid Global Challenges: RBI Raises Growth to 6.8%

Tuesday, October 21, 2025

Business

Mumbai, October 21, 2025 – The Indian economy resilient global challenges RBI states in its October bulletin, projecting 6.8% growth for FY 2025-26 despite uncertainties from trade tensions and weak external demand.

Indian Rupee Rises as State Run Banks Sell Dollars

Monday, October 20, 2025

Business

Mumbai, Monday, 20 October 2025: The Indian rupee rises as state run banks sold dollars, likely acting for the Reserve Bank of India (RBI), strengthening the currency to 87.78 against the US

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