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India-US trade deal gives tariff-free access to Harley Davidson

India has agreed to sharply reduce import tariffs on high-end American automobiles and remove duties on Harley-Davidson motorcycles under an interim trade agreement with the United States, according to an official familiar with the matter. However, electric vehicles have been excluded from the concessions, a decision that effectively leaves US EV maker Tesla outside the…

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FIA foils sex trafficking bid at Karachi Airport

KARACHI: The Federal Investigation Agency (FIA) Immigration on Sunday thwarted an attempt to traffic a woman for sexual exploitation by offloading three passengers, including two women, from a United Arab Emirates (UAE)-bound flight at Jinnah International Airport. According to an FIA spokesperson, the operation uncovered an organised network involved in human smuggling and sexual exploitation….

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China steps up crypto crackdown, will vet real-world asset tokens

BEIJING: China vowed to further tighten its crackdown on virtual currencies on Friday and banned unauthorised offshore issuance of yuan-pegged stablecoins. Authorities will also strictly vet offshore issuance of tokens backed by Chinese onshore assets, according to a notice published on the central bank’s website. Although the statement largely reiterates Beijing’s existing ban on cryptocurrency,…

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