EU-China trade talks: Brussels signals tougher stance
EU-China trade talks continue in Brussels amid rising concerns over trade imbalance and import measures.
New negotiation workstreams and a trade monitoring mechanism launch as import measures take effect July 1
Fuel quota app plan finalised for bikes and rickshaws
Ogra-tested automated system aims for targeted fuel subsidy; scope may expand to small cars amid Strait of Hormuz disruptions
Pakistan Fuel Price Freeze Under Review as Jet Fuel Jumps
Jet fuel and kerosene spikes lift airfares as officials weigh targeted subsidies for two- and three-wheelers
US-Israel Strikes on Iran: Key International Law Issues
Legal analysis weighs UN Charter self-defence claims and Geneva Conventions rules on targeting, proportionality and precautions.
Nepra report flags surplus capacity behind high tariffs
Power-plant performance data highlights capacity payments and grid constraints as key drivers of electricity tariffs in FY2024-25
Iran-Israel War Risks Catastrophe as Strikes Spread
UN warning, Strait of Hormuz fears and energy shock planning grow
Pakistan time-of-use tariff plan for industrial power
Multi-tariff ToU pricing would use time-based signals and higher fixed charges to shift demand off-peak, the Power Division says
Persian Gulf Energy Disruption Sends Oil Prices Surging
Strait of Hormuz disruption strains Asian fuel supply, with inflation spillovers hitting Europe and the Americas.
India’s Parliament Bans Online Gambling: A Major Move Against Predatory Gaming
India’s parliament has passed a landmark bill that bans online gambling, targeting platforms that have reportedly drained $2.3 billion annually from 450 million citizens. The sweeping law aims to curb addiction, financial distress, and social harms linked to online betting and fantasy sports games.
Behind India’s Surge in Russian Oil Imports: The Role of Ambani
India’s imports of Russian crude oil have dramatically increased, with Reliance Industries Limited (RIL), led by Asia’s richest person Mukesh Ambani, playing a central role. This shift has triggered international attention, including punitive tariffs from the United States, and raises complex questions about geopolitics, economics, and energy security.
Boeing Faces Major Workforce Reductions Amid Ongoing Challenges
About 10% of the plane maker’s staff are expected to lose their jobs
Fish Diplomacy Setback for India and Bangladesh
Indians in West Bengal may face a shortage of hilsa, their favourite fish, as millions gear up to celebrate the state's biggest festival, Durga Puja, in October.