Berlin, Jan 30 (IANS) Analysts and rights advocates in Germany’s Berlin have warned that the 27th Constitutional Amendment adopted in Pakistan will weaken judicial independence and increase executive authority, resulting in reduced protection for people already facing human rights abuses and political exclusion, local media reported. Political analyst Rafiullah Kakar and Human Rights Council of Balochistan (HRCB) Executive Director Abdullah Abbas participated in the discussion moderated by forme…
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Mumbai, Jan 29 (IANS) Pakistan hockey averted a major crisis as players of the national men’s team agreed to feature in the second round of the FIH Hockey Men’s Pro League after a fortnight of agitation and boycott of the training camp over lack of payments, a news report said on Thursday.The Pakistan Hockey Federation (PHF) secretary, Rana Mujahid, met the players in Islamabad on Thursday and assured them that they will get the promised 114 US dollars (around 30,000 PKR) in daily allowances for…
Washington, Jan 29, (IANS) India remained among the United States’ key trading partners in November as the US trade deficit widened sharply, due to higher imports and a decline in exports, according to official data released on Thursday. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis said the U.S. goods and services trade deficit rose to $56.8 billion in November, nearly double the revised $29.2 billion recorded in October.A trade deficit occurs when a country imports more goo…
New Delhi, Jan 28 (IANS) European economies are experiencing a slowdown bordering stagnation amid tariff dispute with the United States and low‑priced Chinese imports, a new report has said, adding that India emerged as a “credible alternative centre of economic partnership”.The report by Maldives Insight said that the EU’s economy is being squeezed by a tariff dispute with the US that has raised export costs and dampened demand.Meanwhile, a surge of low‑priced Chinese imports has wide…
Washington, Jan 28 (IANS) Reinforcing his intent to keep trade pressure central to his economic and foreign policy agenda, US President Donald Trump signaled that he would seek alternative tools if the Supreme Court moves to curb tariffs, which he described as “indispensable” towards success.In an interview with Fox News host Will Cain, Trump defended tariffs as a core driver of investment and manufacturing growth in the United States. He said the policy has forced companies to build plants at h…
New Delhi, Jan 25 (IANS) India’s combined tax-to-GDP ratio has reached 19.6 per cent, placing the country at par with several major global economies and highlighting steady progress in tax collection efficiency, according to a report by Bank of Baroda. The ratio includes both central and state tax collections and is higher than that of several emerging markets such as Hong Kong, Malaysia and Indonesia.The report noted that while India’s central gross tax revenue stands lower at 11.7 per cent…
New Delhi, Jan 24 (IANS) Investors are likely to remain on edge over the proposed US framework on Greenland, and near-term volatility related to this issue can continue, a report has said.The report from Bank of Baroda said that market participants are awaiting more details that could determine whether negotiations succeed or unravel.”Going ahead, investors are likely to await more details of the deal, as there are a few sticking points which can derail the negotiations. Hence, some volatility c…
New Delhi, Jan 23 (IANS) The ‘India Energy Week 2026’ (IEW 2026) will serve as a platform for concrete business outcomes, with several major agreements and memoranda of understanding proposed to be signed during the event in Goa from January 27-30, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Friday.The minister said that a series of key side events and roundtables will be organised alongside the main conference. These include the 9th Prime Minister’s Roundtable, whe…
Mumbai, Jan 23 (IANS) India is projected to unlock $10–11 billion in additional exports to the European Union (EU) without creating new product capacity, by redirecting existing highly tariffed US-bound trade under the proposed India-EU Free Trade Agreement, a report showed on Friday.India’s top 15 product categories exported to the United States account for nearly 52 per cent share valued at around $45 billion. Of these, around $21 billion is concentrated in 12 categories that currently have …
New Delhi, Jan 22 (IANS) For every $1 the world invests in protecting nature, it spends $30 on destroying it. This stark imbalance is the central finding of a new UN Environment Programme (UNEP) report released on Thursday.It calls for a major shift in global financing of nature-based solutions and phasing out harmful investments to deliver high returns, reduce risk exposure, and enhance resilience.’The State of Finance for Nature 2026′, which uses data for 2023, finds $7.3 trillion in total nat…