Tata Sons governance conflict: Tata Trusts raises legal concerns over N. Chandrasekaran's reappointment, highlighting a significant governance conflict…
China has extended $3.4 billion in loans to Pakistan, a move that bolsters the country’s foreign exchange reserves to meet International Monetary Fund (IMF) targets. This financial support includes a $2.1 billion
Pakistan is working to boost its annual remittance inflows to $50 billion by 2030, aiming to strengthen its economy through contributions from overseas Pakistanis. Recent efforts focus on encouraging expatriates to use
Pakistan’s National Assembly passed the Rs17.6 trillion Budget FY 26 on June 27, 2025, prioritizing fiscal discipline to meet International Monetary Fund (IMF) requirements. The budget aims for a 2.4% primary surplus
Pakistan is advancing its ecotourism efforts by designating Changa Manga, Uchali Lake, and Chashma as key sites for sustainable tourism development. These locations, known for their ecological and cultural significance, aim to
The International Monetary Fund (IMF) has introduced fresh requirements for Bangladesh as part of its $5.5 billion loan program, aimed at stabilizing the nation’s economy. These conditions focus on reducing domestic and
India’s ambition to become a global leader in science and technology faces setbacks as researchers across the country struggle with delayed funding. Scholars at premier institutions, including the Indian Institutes of Technology
The Sarhad Chamber of Commerce and Industry (SCCI) has raised urgent concerns over delays in implementing a promised reform to shift from bank guarantees to insurance guarantees for Afghan transit trade. SCCI
Pakistan’s economic reforms have received a strong endorsement from the World Bank, signaling sustained international backing for the country’s development goals. In recent high-level discussions, Economic Affairs Minister Ahad Cheema met with
The Pakistan Stock Exchange (PSX) experienced a significant upswing, with the KSE-100 Index climbing nearly 1,600 points on Friday, following the National Assembly’s approval of the Rs17.57 trillion federal budget for the
The Indian rupee strengthened against the U.S. dollar, rising 21 paise to 85.87 in early trade on June 26, 2025. This uptick was driven by a weaker dollar in global markets, with
Indian stock exchanges witnessed a strong rally in early trading on June 26, 2025, driven by optimism surrounding a ceasefire agreement between Iran and Israel. The BSE Sensex, a key stock exchange
The GST Council is set to convene in July 2025 to discuss simplifying India’s Goods and Services Tax (GST) structure, with a focus on reducing the number of items in the 12%
Political stability directly influences economic confidence, and recent developments in Bangladesh highlight this connection. A clearer political landscape is fostering optimism among businesses and investors, signaling potential growth for the nation’s economy.
Bangladesh faces a steep financial challenge to meet its 2030 green energy targets, requiring an estimated $1 billion annually to transition to renewable energy sources. The push for cleaner energy is driven
The Pakistan Stock Exchange (PSX) saw modest upward movement on Wednesday, June 25, 2025, with the KSE-100 Index closing at 122,761.64, reflecting a gain of 515.01 points or 0.42%. This slight increase
Punjab is set to invest Rs250 billion over three years to develop a high-speed rail connecting Rawalpindi and Lahore, aiming to reduce travel time to just two hours. This ambitious project, announced
Despite heightened Pakistan-India tensions following a military escalation in May 2025, foreign investment in Pakistan’s treasury bills (T-bills) has remained resilient. Data from the State Bank of Pakistan indicates that T-bill inflows
Pakistan’s dairy industry is urging the government to lower the General Sales Tax (GST) on packaged milk from 18% to 5%, citing severe economic strain and declining sales. The Pakistan Dairy Association (PDA) argues
Pakistan’s trade deficit with nine regional countries has expanded to $11.17 billion during the fiscal year 2024-25, highlighting persistent challenges in balancing exports and imports. The gap, driven by heavy reliance on
Pakistan’s economy is showing promising signs of recovery, with the Consumer Confidence Index (CCI) climbing 9.2% in the fourth quarter of FY25 compared to the previous quarter. The index reached 96.2 points,
India’s equity markets opened stronger on June 24, 2025, as investor confidence grew following a ceasefire agreement between Iran and Israel, which also led to a drop in global oil prices. The
The Pakistan Stock Exchange (PSX) experienced a significant surge on June 24, 2025, with the KSE-100 Index soaring by nearly 5,900 points during intraday trading. This surge was driven by investor optimism
Coal-based power plants are a major driver of intensifying heatwaves, posing a significant threat to the environment, public health, and regional ecosystems. These facilities emit vast quantities of greenhouse gases, particularly carbon
The International Monetary Fund (IMF) forecasts a 5.4% growth rate for Bangladesh’s economy in the fiscal year 2025-26, signaling cautious optimism for recovery after a challenging period. This projection follows a reported
ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has released a major funding package of Rs35.968 billion with approval of Prime Minister Shahbaz Sharif for the merged districts of Khyber Pakhtunkhwa