The report estimates an annual tax revenue loss of Rs 3.4 trillion on account of an estimated USD 123 billion informal economy ...
The $10bn India-Pakistan trade secret hidden by official data
Informal trade between India and Pakistan is much higher than official figures say – but can it survive new hostilities?
Meet Pakistan’s richest person, who once worked as dishwasher, now owns a football club, no match for Mukesh Ambani, Gautam Adani, his net worth is Rs…
In 2011, he bought the NFL team Jacksonville Jaguars, becoming one of the most recognised team owners in American football. Two years later, in 2013, he purchased Fulham Football Club in the UK.
India bans direct, indirect imports from Pakistan
India has banned direct or indirect import of all goods from Pakistan with immediate effect, according to a notification of the commerce ministry. A provision in this regard has been added in Foreign ...
Pakistan seeks to diversify opportunities
The foreign remittances sent by Pakistani workers and professionals are now the single largest source of avoiding default, even higher than the highly subsidised exports. Pakistan is expected to ...
India bans all imports from Pakistan: Here’s how it could hit Islamabad’s economy hard
India’s trade with Pakistan has been in decline since the 2019 Pulwama attack. In FY24-25 (April–January), India exported $447.65 million worth of goods to Pakistan, while imports stood at just $0.42 ...
China’s electric vehicle industry is preparing to take on the world. Is America ready?
Once seen as a producer of clumsy knock-offs, Chinese carmakers have catapulted to the forefront of the growing global EV industry.
US Treasury targets Cambodia’s Huione group with banking ban over crypto laundering claims
The US Treasury has proposed cutting Cambodia’s Huione Group off from the banking system over alleged crypto laundering and other crimes.
US moves to ban Cambodia’s Huione over alleged money laundering
The U.S. Treasury plans to ban Cambodian financial firm Huione Group from the U.S. financial system, deeming it of "primary money laundering concern" over its alleged role in laundering illicit funds ...
US Treasury Moves to Cut Off Cambodia’s Huione Group From Financial System Over $4B Laundering Claims
The Financial watchdog proposed severing the Cambodian conglomerate from the U.S. banking system, citing its links to North Korea.