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CROSS BORDER FINANCIAL REPORTING
Tax reporting lapses could risk India's sovereign rating, trigger withholding tax penalties: Income Tax Principal DG Debjyoti DasSpeaking to the media on the sidelines of the 'Summit on Global Financial Compliance (FATCA & CRS)' in Mumbai, Debjyoti Das, Principal Dire...- Weather Update: Could heavy rain and flash flooding disrupt the East Coast as a powerful storm moves East?A significant storm is moving eastward, affecting communities along the East Coast with heavy rainfall. Flood risks have already been repor...
- Kazakhstan and India sign extradition treaty to combat international crime & terrorIndia and Kazakhstan have recently entered into an extradition treaty aimed at addressing cross-border crime. The treaty establishes a lega...
- Nine arrests made following attack on BSF personnel in Tripura near India-Bangladesh borderIn Tripura's Sepahijala district, nine individuals have been arrested related to an attack on BSF personnel. Three officers were injured af...
- Razorpay gets Sebi nod for Rs 5,000-6,000 crore IPO: sourcesET reported on April 20 that Razorpay was preparing a confidential IPO filing to raise Rs 5,500-6,500 crore at an expected valuation of $5 ...
- China to expand global access to yuan assets, promote Hong Kong as offshore hubChina plans to expand global access to yuan-denominated assets and strengthen Hong Kong's role as an offshore yuan hub. Meanwhile, regulato...
- Asian companies to ramp up investments in US amid supply-chain shiftsCiti expects investments by South Korean, Japanese and Taiwanese companies in the US to rise as global supply chains shift. The bank also s...
- US Embassy in Saudi Arabia warns citizens of possible Houthi attacks, airport disruptions amid rising tensionsA security alert was issued by the US Embassy in Saudi Arabia regarding potential attacks and disruptions. The alert highlights recent host...
- Meta eyes at least $20 billion from potential bond offerings, Bloomberg News reportsMeta is reportedly looking to raise at least $20 billion through a cross-border bond offering to fund its expanding AI infrastructure. The ...
- Euro zone countries are integrating faster with US than with each other, ECB saysEuro zone countries are experiencing increased economic integration with the United States compared to internal collaboration. The European...
- Razorpay gets final Gift City licence to expand cross-border paymentsRazorpay has attained a payment service provider licence from the International Financial Services Centres Authority. This licence allows t...
- A $180.6 million warning for Trump? Texas border towns grapple with the economic fallout of his deportation campaign as local workers feel the growing heatPresident Trump's strict immigration policies are leading to economic challenges in the Rio Grande Valley region. Many residents are feelin...
- PB Fintech's UAE insurance business grows 19-fold as it looks beyond motor coverPB Fintech has achieved impressive growth within the UAE insurance landscape, notably boosting its premium volumes since FY22. With a strat...
- Saudi-led coalition says it destroyed drone fired by Yemen's Houthis over MeccaThe Saudi-led coalition said it intercepted and destroyed a drone launched by Yemen's Houthi rebels in the Mecca region on Friday. The inci...
- Assam Rifles DG reviews India-Myanmar border security, fencing work in ManipurLieutenant General Vikas Lakhera reviewed border security arrangements and fencing progress along the India-Myanmar border. His visit to Mo...
- Sebi signs MoU with Bank of England to strengthen oversight of clearing corporationsSEBI and the Bank of England signed an MoU to strengthen regulatory cooperation and information sharing on clearing corporations. The frame...
- Pakistan running out of gas: 12 kg LPG cylinder costs PKR 7000Pakistan’s gas crisis has intensified as LPG prices climb to PKR 600 per kg in some areas following disruptions to imports from Iran. Domes...
- ED arrests Delhi-based ticketing agent in 'Dunkey Route case' linked to Indians deported from USA in Feb 2025Tarun Khosla, a Delhi-based ticketing agent, was arrested by the Enforcement Directorate in October 2025. He was involved in facilitating i...
- LPG cylinder costs Rs 10,000 in Pakistan as border closure triggers shortages, 6,000 dealer shops shutPakistan's LPG crisis has pushed prices to Rs 750 per kilogram in some areas, taking cylinder costs above Rs 10,000. The Gabd-Rimdan crossi...
- Pakistan reopens Iran border crossing after week-long suspension of tradeThe Gabd-Rimdan border crossing between Pakistan and Iran is back in action, after being closed for a week. This suspension had a significa...
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