India will retaliate, if EU imposes carbon tax: Goyal

India’s Commerce Minister Piyush Goyal has warned the EU of retaliatory duties if they proceed with the Carbon Border Adjustment Mechanism, potentially impacting Indian exports like steel and aluminum. He criticized the CBAM as irrational and urged developed nations to…

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No overseas investment if old lapses not fixed: RBI

The RBI is cracking down on corporates with unresolved ODI violations, setting an August 25, 2025 deadline. Companies failing to rectify past lapses face compounding or adjudication before making further foreign financial commitments. This move aims to address non-disclosure of…

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Can Pakistan fight India on borrowed money?

India-Pakistan tensions: Following the Pahalgam attack, India is employing economic pressure tactics against Pakistan, including potential opposition to IMF loans and suspension of the Indus Waters Treaty. These measures aim to destabilize Pakistan’s economy, which is already vulnerable despite recent…

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