Islamabad / Bloomberg Pakistan is vowing to get tough on tax evaders who have so far shunned an amnesty program set to finally expire on April 30 after four deadline extensions. Less than 0.3 percent of Pakistan’s 3 million goods traders have participated in the programme, well below the 17 percent forecast by the government when it began in ...

  New Delhi / AFP About 330 million people are suffering from drought in India, the government has said, as the country reels from severe water shortages and desperately poor farmers suffer crop losses. One of the government’s most senior lawyers PS Narasimha told the Supreme Court that a quarter of the country’s population, spread across 10 states, have been ...

  Karachi / AFP Pakistan’s Habib Bank Limited announced it had received a licence to open a branch in China, a move that would make it the first South Asian lender to operate in the world’s number two economy. More commonly known by its acronym ‘HBL’, the bank said it would open a branch in Urumqi, the largest city in ...