Following a ceasefire announcement by Pakistan’s military, the KSE 100 index surged over 9% after facing pressure due to escalating India-Pakistan tensions and recent terrorist attacks. Indian markets also rallied, with Sensex and Nifty rising more than 2.7%. Analysts caution that the bullish sentiment hinges on the ceasefire’s continuation and sustained foreign investment.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while
December 12, 2025