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Posted on August 6, 2025

Pakistan misses 3 out of 5 IMF targets ahead of second review of $7 billion bailout

Despite falling short on key revenue goals, including provincial savings and FBR collections, Pakistan surpasses IMF’s primary surplus target, boosting chances for next loan tranche ...

Posted on August 6, 2025

Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan

Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.

Posted on August 6, 2025

US to hike tariffs on India to 50 percent over Russian oil purchases

If secondary sanctions lead to a 10 percent drop in Russia’s oil exports, that could increase the price of Brent crude oil by $6 from its current level of about $71 per barrel, while a 20 percent drop ...

Posted on August 6, 2025

India’s GCCs too big to bill lightly: Backend hubs face tax claims

Are these companies paying their fair share of taxes in India? That question has triggered a series of tax disputes between foreign firms and Indian authorities ...

Posted on August 6, 2025

US to hike tariffs on India to 50 percent over Russian oil purchases

If secondary sanctions lead to a 10 percent drop in Russia’s oil exports, that could increase the price of Brent crude oil by $6 from its current level of about $71 per barrel, while a 20 percent drop ...

Posted on August 6, 2025

India’s GCCs too big to bill lightly: Backend hubs face tax claims

Are these companies paying their fair share of taxes in India? That question has triggered a series of tax disputes between foreign firms and Indian authorities ...

Posted on August 6, 2025

Trump announces plans for additional 25% tariffs on India as he turns up the pressure on Russia to find a truce

The White House on Wednesday announced an additional 25% tariff on India over the nation’s purchases Russian oil, making good on a promise to substantially increase duties on the world’s ...

Posted on August 6, 2025

Trump tariffs live updates: China pushes back on US chip dominance as Trump’s latest deadline looms

Meanwhile, Canadian Prime Minister Mark Carney said he will look at ways to lift some counter-tariffs on the US despite his campaign to resist Trump's trade war. President Trump o ...

Posted on August 6, 2025

Iraq Says Oil Exports via Turkey to Resume Any Minute

Iraq's oil minister announced that crude oil exports from Kurdistan via Turkey are expected to resume soon after a two-year halt due to a dispute between Baghdad and Erbil.

Posted on August 6, 2025

Thailand, Vietnam issue emphatic opening statements at ASEAN Women’s Championship

Thailand are the record four-time champions of the ASEAN Women's Championship. Vietnam are not far behind with three titles of their own. Both, however, had to watch on in disappointment three years ...

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