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Economy
India–Canada CEPA Will Unlock Complementarities for a Stronger Economic Partnership
Renewed negotiations between India and Canada could strengthen bilateral economic ties by leveraging their complementary strengths in energy, technology, trade, and innovation. The proposed CEPA aims to elevate bilateral trade to USD 50…
Pakistan’s $600 Million SCB Loan and the Persistence of Structural Fiscal Weakness
Pakistan’s decision to secure a $600 million short‑term loan from Standard Chartered Bank (SCB) has once again drawn attention to the country’s increasingly fragile external financing position. The loan priced at SOFR plus 2.6%, amounting…
Global oil prices edge higher as war shows no sign of easing
Global oil prices continued to climb in early trade in Asia on Tuesday.
The price of US-traded oil jumped by 3% to nearly $106 (£80.52) a barrel.
US oil prices closed Monday’s trading session above $100 a barrel for the first time since…
Cost of excess: Pakistan’s power sector pays billions for electricity it doesn’t use
There was a time when darkness defined Pakistan’s economic rhythm. Prolonged outages disrupted industry, paralysed households and became a symbol of structural dysfunction.
Over the past decade, that crisis triggered an aggressive…
Oil jumps 4% as strikes continue
The price of Brent crude shot up by 4% to $112 (£84.34) a barrel in early trade in Asia.
US-traded oil also rose by 3% to $99.27.
The jump comes after Iran’s South Pars gas facility - one of the world’s largest natural gas fields -…
Pakistan’s cricket U-Turn on boycott highlights financial pressures
Pakistan faced a foot-in-mouth moment after it had to swallow its boycott threats and agree to play arch-rival India in the ICC World Cup. While the decision was framed as protecting the spirit of cricket, it was the harsh financial…
Growing calls in India to restrict children’s social media use
A debate around banning social media for children under 16 is gathering momentum in India, with ministers in several states saying they are studying a law that recently came into effect in Australia.
Ministers in at least two southern…
India to slash tariffs on cars to 40% in trade deal with EU
India plans to slash tariffs on cars imported from the European Union to 40% from as high as 110%, sources said, in the biggest opening yet of the country’s vast market as the two sides close in on a free trade pact that could come as early…
Gold tops $5,000 for first time ever, adding to historic rally
The price of gold has risen above $5,000 (£3,659) an ounce for the first time, extending a historic rally that saw the precious metal jump by more than 60% in 2025.
It comes as tensions between the US and NATO over Greenland have added…
Pakistan’s Perpetual Economic Rollovers and Debt-Ridden Economy
Pakistan’s recent request to the United Arab Emirates (UAE) to roll over 3 billion dollars of deposits once again highlights how the country’s macroeconomic stability hinges on external bailouts rather than durable structural reforms.This…