As reported by The Express Tribune, a detailed 127-page audit report has exposed what is being termed the largest trade-based money laundering scandal in Pakistan's history related to luxury vehicle imports.
Trump's tariff on trade action has forced a downward revision in India's real GDP growth forecasts; now pegged at 6.5% year-on-year for calendar year (CY) 2025 and 6.4% for 2026, a reduction of 0.1 and 0.2 percentage points, respectively.
Congress MP Karti Chidambaram said on Wednesday that India should not take US President Donald Trump seriously when he makes impulsive statements on tariffs. Instead, the country should engage in sober and calm trade negotiations with the US, he added.
The Reserve Bank of India (RBI) is likely to keep the terminal rate at 5.5 per cent for some time in the near-term, asserted Bank of Baroda Economist Jahnavi Prabhakar, citing the central bank's guidance that future actions will be data dependent and on basis of ongoing development on extern
A Philippines-India CEO Roundtable was held on Wednesday here in the national capital, where businesses from both sides participated to discuss bilateral trade.
Despite the uncertain global trade environment due to ongoing tariff announcements and trade negotiations, the Reserve Bank of India (RBI) has kept the GDP growth projection for the current financial year 2025-26 unchanged at 6.5 per cent.
In a significant move aimed at further facilitating trade in Indian Rupees, the Reserve Bank of India (RBI) has simplified the procedure for opening Special Rupee Vostro Accounts (SRVAs).
India and Philippines on Tuesday decided to elevate their ties to a Strategic Partnership with Prime Minister Narendra Modi and President Ferdinand R. Marcos Jr agreeing for expeditious conclusion of the negotiations of the Preferential Trade Agreement (PTA) between India and the Philippi
"Philippines also supported our request to expedite the AITIGA trade review, which we hope will conclude before the end of the year," MEA Secretary (East), Periasamy Kumaran, stated during a special press briefing on the occasion of the state visit of the President of the Philippines, Ferdin
Commenting on the US' threats regarding India, Kremlin Spokesman Dmitry Peskov told journalists, "We believe that sovereign countries must have and do have the right to choose their trade partners, the partners in trade and economic cooperation, on their own and independently determine th
India is actively involved in the discussions on the India-USA Bilateral Trade Agreement, which aims at expanding trade and investment and deepening the US-India trade relationship to promote growth that ensures fairness, national security and job creation, especially in the labour-intensive