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ECONOMIC IMPACT OF ILLICIT TRADE
Why the India-UK trade pact could make this India’s decade for the textile industryIndustry experts say that the trade deal is expected to improve India’s price competitiveness, enhance export opportunities, and strengthen...- Pakistan, Turkiye progress interconnected; PM Sharif, President Erdogan discuss trade, defence in IstanbulPakistan's Prime Minister Shehbaz Sharif affirmed strong support for Turkiye, stating their successes are intertwined. During a joint press...
- India-UK CETA is more than a trade deal—it is a blueprint for a strategic partnershipIndia and Britain's landmark Comprehensive Economic and Trade Agreement (CETA) officially begins July 15, aiming to double bilateral trade ...
- Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
- India tightens scrutiny of Chinese herbicide importsIndia is intensifying its watch on glufosinate imports from China, a crucial herbicide. Authorities are investigating if Chinese exporters ...
- India pushes to upgrade ASEAN FTA, advances talks on CECA with AustraliaIndia is actively engaged in upgrading its trade agreements with ASEAN partners, aiming to liberalize the ASEAN-India Trade in Goods Agreem...
- Japan emerges as largest APAC contributor to India's GCC ecosystem: DeloitteJapan is now India's top contributor to the Asia-Pacific GCC sector, with over 100 Japanese companies establishing centers. These hubs are ...
- RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
- US hiring falls to just 57,000 in June amid elevated inflation, global turmoilUS employers significantly slowed hiring last month, adding just 57,000 jobs, a stark contrast to previous months. This cautious approach s...
- Europe growth hit more by China exports than bigger trade gap, Goldman saysGoldman Sachs highlights that China's growing market share, not just the trade deficit, is the primary concern for EU growth. Chinese manuf...
- Trump administration declines to renew North American trade deal, starts 10-year wind-down clockThe United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufactur...
- AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
- Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
- Industry seeks payment in rupee for domestic supplies at maiden SEZ reforms stakeholder consultationSEZ developers are urging the government to allow domestic sales in Indian Rupees, citing subdued global demand. They also proposed job wor...
- Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin reportIndia's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an u...
- Binance intercepts $10.5 billion in frauds using AI, invests $300 million per year in complianceBinance said its AI-powered compliance systems intercepted $10.53 billion in potential fraud between 2025 and the first quarter of 2026, wh...
- Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...
- ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
- Manipur CM says drug trafficking routes have changed after 2023 crisis, largely diverting through MizoramManipur Chief Minister Yumnam Khemchand Singh revealed that drug trafficking routes have shifted significantly post-2023 crisis, largely di...
- FRAI urges govt to intensify crackdown on counterfeit products, illicit tradeRetailers are urging the government to intensify efforts against illegal trade and fake products, citing risks to consumer safety and the l...
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