The Supreme Court of Pakistan has ruled that tax authorities cannot impose penalties or liabilities retroactively based on laws enacted after the conduct, marking a significant shift towards protecting taxpayer rights and ensuring legal clarity. Pakistan’s Supreme Court has ruled…
As South Korea deepens economic ties with India, startups are urged to focus on precise, localised strategies rather than broad ambitions. Success hinges on understanding regional differences, establishing clear operational models, and targeting specific sectors like beauty, electric vehicles, and…
The Electronic Components Industry Association reports a seasonal decline in July’s industry sentiment index, while confidence remains high due to sustained upward trends throughout 2026, signalling a resilient electronics market. The Electronic Components Industry Association said sentiment in the near-term…
India’s unemployment rate rose slightly to 5.4% in April-June 2026, with urban women experiencing the highest joblessness amid signs of gradual labour market improvement. India’s unemployment rate for people aged 15 and above rose to 5.4% in the April-June 2026…
India’s parliament approves the Taxation and Other Laws (Amendment) Bill, with Finance Minister Nirmala Sitharaman assuring no immediate increase in Merchant Discount Rate charges for small merchants and consumers on UPI transactions, amidst discussions on future charges for large merchants.…
India’s labour force participation rate dipped in the April-June 2026 quarter, with rural unemployment rising and female participation falling, indicating a softer labour market overall. India’s labour market weakened in the April-June 2026 quarter, with the labour force participation rate…
Indonesian economists warn that sustaining economic momentum in 2026 hinges on supporting middle and lower-income households facing increasing living expenses, amid signs of slowing consumer demand and shrinking middle class. Indonesia’s economic momentum in the second half of 2026 will…
India plans to increase the FDI approval threshold from Rs 5,000 crore to Rs 15,000 crore, aiming to streamline decision-making processes and respond to increasing capital flows in sectors like semiconductors, renewable energy, and infrastructure, matching modern business demands. India’s…
India’s unemployment rate increased to 5.4% in April-June 2025, with rural areas and youth experiencing notable rises, highlighting ongoing regional and gender disparities in the labour market. India’s unemployment rate rose to 5.4% in the April-June quarter of 2025, up…
India’s markets regulator is examining trading patterns during the launch of the new Closing Auction Session amid concerns over price manipulation in low-liquidity stocks, while also proposing easing debt maturity regulations to support issuers. India’s markets regulator is reviewing trading…
The Reserve Bank of India’s decision to prevent banks from spreading mark-to-market losses this quarter signals increased transparency but heightens profit volatility amid bond yield fluctuations, impacting payout prospects and investor outlooks. India’s banks are heading into another earnings season…
India’s parliament has approved a tax amendment bill to simplify digital payment laws and reassure users that UPI transactions will remain free, as the government seeks to attract foreign investment and expand domestic financial activity. India’s parliament has passed a…
