Pakistan Financial News

Subscribe to enjoy similar stories. New Delhi: India is working on a playbook to operate the Chabahar port in Iran after the US waiver on sanctions against Tehran ends in March, said two people aware of New Delhi’s stance to balance its ties with its longtime Persian Gulf trade partner and the world’s largest economy. As the geopolitical situation eases and if sanctions on infrastructure are lifted, India would look at ways to remain engaged and operate the terminal given its strategic significance, said the first person quoted earlier, speaking on the condition of anonymity.

Subscribe to enjoy similar stories. In a world of trade roiled by US President Donald Trump, it is good news that choppy seas promise to settle for shipments between Indian and American ports. Only a framework for an interim trade deal has been decided so far, but it lets us look farther over the horizon with anticipation.

Subscribe to enjoy similar stories. India and the US announced on Monday that they had agreed on a trade deal. India announced that it will would face 18% US tariffs, down from 50%.

Subscribe to enjoy similar stories. Humankind has shown broad acceptance of three different kinds of currencies: widely-acceptable fiat currency (like the dollar or Indian rupee), extinct commodity-based currency (gold and silver coins, or even wheat bushels) and an emerging class of digital currency (such as stablecoins or central bank digital currencies or CBDCs). A fourth class of currency is being minted and popularized by US President Donald Trump: influence.

Subscribe to enjoy similar stories. New Delhi: India’s drug regulator has signalled zero-tolerance for polio-related risk, turning down a proposal by National Dairy Development Board's (NDDB) subsidiary Indian Immunologicals Ltd (IIL) to start human trials of its ‘six-in-one’ paediatric vaccine over concerns it could undermine the country’s polio-free status, according to two government officials and documents reviewed by Mint.

Subscribe to enjoy similar stories. In just one year, US President Donald Trump has upended the global order, using his historic return as arguably the world’s most powerful leader to treat friends, foes and allies alike to achieve desirable results. His most potent tool is tariffs, though he hasn’t shied away from political and military interventions either.

Subscribe to enjoy similar stories. US President Donald Trump has announced fresh tariff threats, this time targeting any country doing business with Iran with a 25% tariff. For India, the immediate trade risk is limited, given its minimal imports from Iran.

Subscribe to enjoy similar stories. The U.S. will put a 25% tariff on any country that does business with Iran, President Trump said on Monday, raising pressure on the Middle Eastern nation after days of protests against the government.

Dear reader, as 2025, a year of global tumult and volatility, rolled by, Mint's reporters and columnists looked around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected]: The past 12 months have likely been the most challenging yet for the chief executive officers (CEOs) of India’s two largest airlines, IndiGo and Air India, which together control about 91% of the country’s aviation market.In September 2022, Tata Sons appointed Campbell Wilson as CEO of Air India to revive the debt-laden carrier it had acquired from the government earlier that year, under a five-year phased transformation plan.

nuclear arsenals are growing, and the weapons themselves are becoming more lethal, more diverse, and more vulnerable. Arms-control talks have stalled, and most agreements have expired or been so hollowed out as to have lost all credibility.

The number of small businesses going public grew at a slower pace this year as stringent regulatory requirements to curb frenzy and unfavourable macroeconomic conditions dampened issuances.The number of initial public offerings (IPOs) on the small and medium enterprises (SME) platforms grew 12.5% so far this year compared with a 31% surge in 2024, according to a report from Pantomath Capital Advisors.The Securities and Exchange Board of India's (Sebi's) regulatory curbs significantly contributed to the slowdown by tightening eligibility, governance, and fund-use norms starting late 2024 and into 2025, said Jay Jhaveri, partner at Bhuta Shah and Co. LLP.

India’s exports are heavily dependent on the US, and are currently under threat due to high tariffs. But hidden in numbers is another simple story: the region that could boost Indian exports is not across the Pacific, but across its borders.

As we approach the end of 2025, there seems to be some light at the end of the tunnel on India-US relations, which started on a strong note amid the promise of Trump 2.0 but gave way to strained ties over claims of US mediating between India and Pakistan, Washington’s sudden fondness for India’s neighbour and its newly minted Field Marshall Asim Munir, and punitive levies on India for buying discounted oil from Russia.Trump, who has given himself the title of the ‘Peace President’, has been the major disruptor in 2025 – whether in geopolitics or geo-economics -- wielding tariffs against countries for allegedly short-changing the US, and as leverage to broker peace.If he’s been labelled unreliable or unpredictable, it’s with good reason. How else can you explain Trump’s decision to sell Nvidia’s H200 chips to China?To be fair, Trump had given the world a warning in October that he would allow Nvidia to export chips to China after his meeting with Chinese President Xi Jinping in South Korea.

Subscribe to enjoy similar stories. The last thing we hear in Dhurandhar is: Yeh naya Hindustan hai. Yeh ghar mein ghusega bhi, aur maarega bhi—this is the new India.

Subscribe to enjoy similar stories. ANIRUDH SHARMA was a computer-science undergraduate with no training in aerospace when he co-founded Digantara, which gathers intelligence on satellite movements, in 2020. Today it employs 150 people in India, Singapore and America and is valued at more than $65m.

Pakistani crew member on a fishing vessel off the Oman coast, the Navy said on Sunday. INS Trikand, a mission-deployed stealth frigate of the Indian Navy, on Friday intercepted a distress call from an Iranian dhow Al Omeedi, operating approximately 350 nautical miles east of the Oman coast. The Navy, in a release, said upon investigation, it was found that a crew member of the dhow had sustained severe injuries to his fingers while working on the engine and was in critical condition and that he had been transferred to another dhow, FV Abdul Rehman Hanzia, which was en route to Iran. «Trikand immediately altered her course to provide medical assistance to the injured crew member. The crew of FV Abdul Rehman Hanzia consisted of 11 Pakistani (nine Baloch and two Sindhi) and five Iranian personnel. The injured Pakistani (Baloch) national had suffered multiple fractures and severe hand injuries, resulting in heavy blood loss,» the Navy said. The medical officer of INS Trikand, along with a team comprising MARCOS (Marine Commandos) and the ship's boarding team, boarded the vessel to administer aid, it said. After administering local anaesthesia, the ship's medical team performed suturing and splinting on the injured fingers, and the surgical procedure, which lasted for over three hours, was completed, it said,

reciprocal tariffs by the US on other competing nations raises the possibility of increased dumping by those nations in India, as well as in other export markets, which could negatively impact certain sectors, CareEdge Ratings said in a report. According to the report ' Sectoral Impact of US Reciprocal Tariff: Neutral to Negative, ' the expected direct impact of US reciprocal tariffs would vary, with no impact expected on pharmaceuticals since they are exempt from reciprocal tariffs for now. According to the rating agency, the impact is expected to be largely neutral for electronics, textiles, agricultural products, chemicals, and automobiles and parts. At the same time, it would be negative for gems and jewellery. During 2023-24, India's aggregate merchandise exports to the US stood at USD 77.5 billion compared to its imports from the US at USD 42.2 billion. Out of India's total exports to the US, the sectors in descending order of value are electronics, textiles, pharmaceuticals, gems and jewellery, agricultural products, chemicals and automobiles and parts.

Subscribe to enjoy similar stories. New Delhi: India will refrain from taking retaliatory action against the US’ reciprocal tariffs or making sharp public responses against Washington, keeping trade diplomacy at the centre of its strategy, a senior government official said. As a global tariff war unfolds in response to US President Donald Trump’s additional tariffs on more than 60 nations, India is taking a calm and measured approach, positioning itself as a balanced negotiator, the official said.

Ben Sears was the star for New Zealand, scalping five Pakistani batters and ending with 5-34, the same as his five-wicket haul in the previous ODI match. The match, reduced to 42 overs per side due to a wet outfield, saw Pakistan all out for 221 chasing New Zealand's 264-8. New Zealand’s Rhys Mariu scored a maiden half-century (58 off 61 balls) after the team was put in to bat by Pakistani skipper Mohammad Rizwan. The Kiwi team lost opener Nick Kelly early, but Mariu reached his half-century with ease. Mitchell fell shortly before reaching fifty, and Muhammad Abbas made a small contribution before Home team captain Michael Bracewell's late hitting. Bracewell added a quickfire 59 off 40 balls, including six sixes. For Pakistan, Akif Javed took 4-62 and Naseem Shah claimed 2-54.

Ben Sears's second five-wicket haul on the trot inspired New Zealand to whitewash Pakistan with a 3-0 ODI series triumph, following their 43-run success in the third and final clash of the series at Bay Oval on Saturday. In a 42-over-reduced game due to a wet outfield, Pakistan's pursuit of a 265-run target began with Imam-ul-Haq retiring hurt after taking a bouncer from William O'Rourke on his helmet. He instantly removed his helmet, holding his jaw. After a brief halt, he was eventually taken off the field, and Pakistan's premier batter, Babar Azam, arrived at the crease to carry the fight for his side. A 69-run partnership brewed between Babar and Abdullah Shafique as the duo flaunted their textbook strokeplay. Babar danced around the track to dispatch Michael Bracewell's flighted delivery past the boundary rope for a maximum. Sears, who effectively used the short ball ploy, broke the threatening partnership. Shafique (33) swivelled his hook without any timing straight down to Jacob Duffy. The floodgates opened, and Pakistan started losing scalps at regular intervals. Babar's 50 kept Pakistan's hopes high, but Daryl Mitchell set him up perfectly to scythe his scalp. Skipper Mohammad Rizwan (37) and Tayyab Tahir (33) resisted but gave away their wickets to Duffy. Sears cleaned up the middle and tail-end to force Pakistan to pack on 221, surrendering to a 43-run defeat.