Business Recorder

India’s tougher grid rules unsettle investors, test clean energy ambitions

NEW DELHI: India’s push to tighten power grid discipline is colliding with its clean energy ambitions as tougher rules for solar and wind projects alarm investors, who warn the requirements could slash returns and impede investment needed for the …

#IndiaAfghanistanNexus

Business Recorder

Reliance hiring slump is calm before AI storm

MUMBAI: Finding a good job in India is going to get a lot harder. Headcount growth at its ​biggest private company, $190 billion Reliance Industries, is slowing sharply as an investment binge fades. But a chronic ‌skills shortage also gives busine…

#Reliance #ArtificialIntelligence #AIStorm

Business Recorder

Indian central bank’s heavy FX swaps drag premiums to 2-month low ahead of policy

MUMBAI: Aggressive buy-sell dollar/rupee swaps by the Reserve Bank of India over the last ten days have compressed FX hedging costs to two-month lows in the run-up to a crucial monetary policy decision. One-year hedging costs have dropped from the…

#RBI #Forex #MonetaryPolicy

Business Recorder

Andreeva dismisses Kostyuk to reach French Open final

PARIS: Russian teenager Mirra Andreeva powered into her maiden Grand Slam final with a ruthless 6-1 6-3 victory over Ukraine’s Marta Kostyuk in a politically charged French Open semi-final on Thursday. The eighth seed seized control from the outse…

#MirraAndreeva #MartaKostyuk #FrenchOpen

Business Recorder

Hezbollah rejection clouds Lebanon ceasefire and prospects for ending Iran war

DUBAI/BEIRUT: Hezbollah movement rejected a new ceasefire in Lebanon on Thursday and Israel said it would not withdraw troops from the country, undermining U.S. President Donald Trump’s efforts to halt fighting there to forge peace with Tehran. Ir…

#LebanonCeasefire #War2026

Business Recorder

Pakistan’s tightrope walk: balancing IMF demands against economic survival

With Pakistan set to announce the federal budget for FY2026-27 next week, economists and market experts expect a fiscally conservative package aimed at meeting ambitious International Monetary Fund (IMF) targets while offering limited support for …

#Economy

Business Recorder

Pakistan, Tajikistan agree roadmap to boost bilateral trade to $20mn

Pakistan and Tajikistan have agreed to develop a three-year roadmap aimed at increasing bilateral trade to $200 million, as the two countries concluded the 8th Session of the Joint Commission on Trade, Economic and Scientific-Technical Cooperation…

#TextileExports

Business Recorder

Pakistan govt to present federal budget 2026-27 on June 10, official confirms

Pakistan government will present the federal budget for the fiscal year 2026-27 on Wednesday, June 10, to set out its fiscal priorities and policy measures for the forthcoming financial year, a govt official confirmed on Thursday. This was confirm…

#FederalBudget2026 #June10

Business Recorder

SBP-held foreign exchange reserves rise by $43mn to $17.9bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $43 million on a weekly basis, reaching $17.19 billion as of May 29, 2026, according to data released by the central bank on Thursday. The SBP said the country’s t…

Business Recorder

Bangladesh says it foiled multiple attempts by India to force people into the country

DHAKA: Bangladesh said on Thursday it had foiled several attempts by India to force people into the country over the previous 24 hours, reviving a dispute over alleged undocumented migration and clouding efforts to improve ties between the South A…

#IndiaAfghanistanNexus