British American Tobacco said Pakistan has the world’s largest illicit cigarette market, with 55% share. High taxes widened price gaps, boosting illegal trade while failing to cut consumption or significantly increase government revenue, reports suggest
Around 93 per cent of Indian businesses expect positive returns from AI investments within three years, according to a SAP-Oxford Economics report. India leads globally in AI confidence, investing USD 31 million this year, with ROI projected to rise from 15 per cent to 31 per cent by 2027
It further said the Budget 2021-22 will create positive externalities for the private sector, and forecast slower fiscal consolidation in FY22 than the government projections.
