Pakistan Financial News

An image on the 3 April cover of The Economist shows an angry US President Donald Trump shouting on one side, with China’s President Xi Jinping calmly smiling on the other. “Never interrupt your enemy when he is making a mistake,” says the headline.A revealing picture in the White House’s archives shows US National Security Advisor Henry Kissinger and Chinese Premier Zhou Enlai shaking hands in Beijing on 9 July 1971, when Kissinger made his secret dash for a détente with China. The press was told that Kissinger was unwell and resting in Pakistan.

For at least a decade, developing countries across Asia and Africa have worried about growing dependent on the People’s Republic of China. They’re concerned about debt traps, coercive policies and hidden costs that might push their economies toward crisis.Crisis has come, and that logic has been turned on its head. After six weeks of the US and Israel’s war on Iran and its ensuing counter-attacks, it is the countries that bet on Chinese supply chains that are faring better than the ones that had trusted Pax Americana.

Mint independently could not ascertain when Wilson’s notice ends, or whether the Tata Group has found a successor to steer the airline. An email sent to Air India seeking comment went unanswered.The Tata Group had hired Wilson from Singapore Airlines’ low-cost unit Scoot in May 2022, less than four months after the conglomerate acquired the government-run airline for ₹18,000 crore.

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the New York Times. This is to give Trump additional military options even as he weighs a new diplomatic initiative with the Islamic republic, according to the report.“About 2,300 Marines from the 31st Expeditionary Unit are scheduled to arrive in the Middle East later this week, and U.S.

Mystery shrouds the prospect of official talks between the US and Iran to stop the war in West Asia, but reports have emerged of feelers from America in the shape of a 15-point ceasefire plan sent via Pakistan.The US reportedly wants Iran’s nuclear facilities dismantled, stockpile of enriched uranium handed over, nuclear-weapon ambitions renounced and missile threat capped, plus the Strait of Hormuz opened and more, all in lieu of relief from bombs and sanctions.Iran recently reiterated its right to enrich uranium while asking for reparations and a no-aggression commitment as conditions to stop its attacks. To this list, it later added a closure of all US military bases in the region and formal control over the Strait of Hormuz.

. Eyyub was pitted against a trader from Pakistan, Murtaza Lakhani, according to people familiar with their operations.As Eyyub, Lakhani and a few other traders competed, the price of Russian oil recovered. Rosneft’s crude found new buyers, particularly in India.But Eyyub muscled out his rivals.

India joined several developing countries to advocate for a global framework to lower cross-border remittance costs ahead of the World Trade Organisation's 14th ministerial conference (MC14), marking a focus on development-linked financial issues in trade.The proposal, supported by Morocco, Pakistan and the African Group, addresses remittance fees, which remain above the United Nations’ Sustainable Development Goals target of under 3% by 2030. On several routes, costs still range between 5% and 6%, significantly reducing the amount that ultimately reaches recipient households.

New Delhi: India has joined a group of developing economies in pushing for a global framework to reduce the cost of cross-border remittances, positioning the issue as a key development priority ahead of the 14th Ministerial Conference of the World Trade Organization scheduled in Yaoundé, the capital of Cameroon, later this month.The conference will take place during 26-29 March 2026.In a revised draft ministerial declaration circulated on 17 March, India, along with Morocco, Pakistan and the African Group, called for coordinated global action to bring down remittance transaction costs, which remain significantly above the United Nations’ Sustainable Development Goal target of less than 3% by 2030.India is world’s largest recipient of remittances, with inflows estimated at around $135.4 billion in FY25, according to an India Brand Equity Foundation (IBEF) report. This marks a steady rise from about $129 billion in 2024 and reflects a strong increase over the past decade.

Even as the US-Israel war on Iran has put the world on edge, another flare-up closer home is threatening regional stability. As Kabul has reported, at least 400 people were killed in an airstrike by Pakistan that struck a hospital in Afghanistan.

₹199- ₹2,300, depending on the nature of the flight. With Pakistan airspace already shut for Indian airlines, the disruption in flight routes through West Asia has increased travel time and cost.The financial damage of such disruptions would mount quickly for Indian airlines.

airlines are required to deploy an additional pilot. This typically means operating the flight with an augmented crew consisting of a captain and two first officers.The aviation safety regulator is conducting a safety assessment and could possibly agree to grant such exemptions, according to the official quoted above.

There’s a full fledged war going on between once-close neighbours Pakistan and Afghanistan. The two have been trading deadly shelling and mortar fire across their border, with Pakistan Defence Minister Khwaja Asif saying on Friday that his country’s patience had “run out” and declaring “open war” on its neighbour.

former professor of international trade stood before Parliament and borrowed from Victor Hugo: "No power on earth can stop an idea whose time has come. India is now wide awake."The life that produced that moment was itself a story of improbable journeys. Born in Gah, a village in Punjab now across the border in Pakistan, into a family of dried fruit traders, Singh lost his mother young and was raised by his paternal grandmother.

Imran Khan’s long career in Pakistani politics produced many unforgettable images. In 2014, he stood atop a shipping container to rage against the US and his own nation’s elite; in 2018, he delivered his memorable first address as prime minister, holding up illustrations of what malnourishment did to children’s brains, and promising to turn the country into an Islamist welfare state.For millions around the world, however, none of these pictures from his later life will ever be as memorable as the spectacle of nearly 40-year-old Imran holding up the world cup that Pakistan’s cricketers had just won.

rejected arguments that tariffs had helped him achieve foreign policy goals, curbing his ability to impose levies at will to address geopolitical conflicts, including threats to penalize countries that do business with Iran or to gain leverage in his bid to acquire Greenland."Deeply disappointed", Trump signed off on a global 10% tariff "on all countries", hours after the Supreme Court order. "It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately," he wrote on his Truth Social platform.He also insisted tariffs previously imposed under Section 232 (National Security) and existing Section 301 (Unfair Trade) remain “in full force and effect”.But these levies can remain in place for 150 days, unless Congress extends them.What does this mean for India and the 18% tariffs on it?According to Trump: “Nothing changes”.“They'll (India) be paying tariffs, and we will not be paying tariffs.

Subscribe to enjoy similar stories. Bangladesh will have a new prime minister on Tuesday, with Tarique Rahman of the Bangladesh Nationalist Party (BNP) set to take the oath in Dhaka. Senior foreign representatives will attend the ceremony, including Lok Sabha Speaker Om Birla from India.

Subscribe to enjoy similar stories. This week’s biggest headline is the elections in Bangladesh, which have brought the centre-right Bangladesh National Party (BNP) to power. The scale of the victory is striking: 212 seats out of the 300 contested directly in parliament, giving the party a clear two-thirds majority.

Subscribe to enjoy similar stories. The general consensus seems to be that the budget for 2026-27 was not bad, but not good enough. It’s a safe budget.

Subscribe to enjoy similar stories. Henry Kissinger famously called Bangladesh a “basket case." As the nation goes to the polls Thursday—the first election since then-Prime Minister Sheikh Hasina fled the country in 2024 for India amid student protests—a question mark hangs over its future. Will Bangladesh become a basket case again? The country’s fate matters beyond its borders.

Subscribe to enjoy similar stories. As fourth-quarter Big Tech earnings approached, the usual discussions of sales growth and profits took a back seat to the flood of capital expenditures on artificial-intelligence data centers. In 2025, four companies–Amazon.com, Microsoft, Alphabet and Meta Platforms—spent over $400 billion, roughly the gross domestic product of Pakistan, according to the International Monetary Fund.