Business is war.
Afghanistan’s dried fruit exports reached $518 million over 10 months as border tensions with Pakistan halted trade flows. Closures at crossing points cost businesses $1 million a day after the military exchanges stopped 2,000 vehicles from passing between the countries, according to the Afghanistan-Pakistan Joint Chamber of Commerce. Herat province increased dried fruit shipments by…
Indian trucking companies will generate revenue growth of 8 to 10 percent in the current financial year after expanding at 12 to 13 percent annually through March 2025, according to a Crisil report released on Monday. Domestic freight and import demand will drive expansion while exports remain weak, the ratings agency said. Government infrastructure spending…
India’s path to becoming a developed nation requires rural transformation through farmer empowerment and the establishment of district-level food processing centers, Finance Minister Nirmala Sitharaman said on Monday. The government created the Kalyana Sampada brand and directed each district to develop local agricultural products into value-added goods under the One District, One Product program. NABARD…
Life Insurance Corporation of India rejected a Washington Post article claiming the government forced the state-owned insurer to invest $3.9 billion in Adani Group companies. The insurer described the October report as false and baseless after the American newspaper alleged officials pressured the firm to purchase $568 million in bonds from Adani Ports in May….
South Gurugram has become the city’s primary growth zone, with five areas showing strong development prospects. Sohna leads the region with potential property values rising 1.6 times by 2030, according to Colliers’ research released on Monday. The area accounts for 73 percent of the graded residential supply, totaling 85,921 units, in the National Capital Region….
Tata Consultancy Services rejected a British media account that linked the termination of a contract with Marks & Spencer to cybersecurity failures. The Indian technology firm told stock exchanges the report misrepresented both the contract value and the reasons for the partnership change. The service desk agreement underwent standard competitive bidding, which began in January….
Gold retreated on Monday as optimism about a United States-China trade agreement diminished the appeal for the precious metal. Prices fell after a record rally that analysts said had advanced too rapidly, with MCX gold opening 0.77 percent lower at 122,500 rupees per 10 grams. Spot gold dropped 0.7 percent to $4,083.92 an ounce in…
Indian shares climbed on Monday as investors responded to developments in trade negotiations between Washington and Beijing. The Sensex rose 239 points to 84,450 while the Nifty gained 79 points to reach 25,874, with both indexes advancing about 0.3 percent. US Treasury Secretary Scott Bessent said on Sunday that proposed 100 percent tariffs on Chinese…
UBS upgraded emerging-market equities to attractive status as policy changes in India are expected to lift consumer spending. The investment bank cited goods and services tax simplification, income tax cuts and central bank rate reductions as catalysts for growth in Asia’s third-largest economy. The firm raised its MSCI Emerging Markets target to 1,420 points for…
South Korean banks recorded their highest foreign exchange trading volumes in the third quarter of 2025, with average daily transactions reaching $82.84 billion. The Bank of Korea reported a 0.8 percent increase from the previous quarter, marking the third straight record. Spot transactions rose 6.4 percent to $34.86 billion while derivatives trading fell 2.9 percent…
