Tehran and Islamabad have summoned each others' envoys after reports of gunfights and incursions across the border. On Oct. 17, Pakistani officials claimed that 30 Iranian guards in six vehicles started shooting at a vehicle carrying members of the Pakistani Frontier Corps, two miles inside Pakistan's border. Iran and Pakistan have increasingly become more hostile toward each other due to...
BMI View: Pakistan's Prime Minister Nawaz Sharif will withstand calls for his resignation by Pakistan Tehreek-e-Insaf (PTI) leader Imran Khan and cleric Tahir-ul-Qadri. However, the protests have weakened his authority, and an end to the demonstrations is likely to come as part of a deal with the powerful military elite to relinquish Sharif's control of foreign affairs, which will undermine...
Political and bureaucratic hurdles will remain key obstacles to progress in India's business environment, preventing the newly-elected Bharatiya Janata Party-led government from implementing any drastic shifts to liberalise the market in the first few years of its term. That said, we believe the government will continue to take small steps in the right direction, especially in attempt to dampen...
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