{"id":170262,"date":"2025-03-05T14:21:58","date_gmt":"2025-03-05T09:21:58","guid":{"rendered":"https:\/\/kmsnews.org\/kms\/?p=170262"},"modified":"2025-03-05T14:22:31","modified_gmt":"2025-03-05T09:22:31","slug":"india-under-fire-for-corrupt-corporate-sectors-practices-globally","status":"publish","type":"post","link":"https:\/\/kmsnews.org\/kms\/2025\/03\/05\/india-under-fire-for-corrupt-corporate-sectors-practices-globally.html","title":{"rendered":"India under fire for corrupt corporate sector\u2019s practices globally"},"content":{"rendered":"

\"\"Islamabad: India is facing global criticism for its corporate sector\u2019s unethical practices including misconduct, espionage links and exploitative trade practices exposed by United States, United Kingdom, Canada and Norway .<\/p>\n

According to Kashmir Media Service, a few days ago, the US sanctioned 22 entities and 13 vessels, including four Indian firms\u2014BSM Marine LLP, Cosmos Lines Inc, Austinship Mgmt Pte Ltd, and Flux Maritime LLP\u2014for facilitating Iran\u2019s petroleum trade.<\/p>\n

Meanwhile, the UK blacklisted Inussia Pvt Ltd for engaging with Russia, further underscoring India\u2019s failure to regulate its global trade activities.<\/p>\n

Canada has also accused Ankit Srivastava, vice-chair of Srivastava Group, of running a pro-India disinformation campaign and influencing Canadian politicians through fake media. This follows India\u2019s inability to prevent espionage activities, as seen in the August 2023 arrest of Canada-based businessman Rahul Gaggal for leaking defense documents.<\/p>\n

Norway\u2019s central bank also added to India\u2019s global troubles by expelling Adani Ports from its $1.5 trillion wealth fund over human rights violations.<\/p>\n

Adani\u2019s dealings in Myanmar were found to be in violation of Western sanctions, exposing India\u2019s corporate sector\u2019s unethical practices.<\/p>\n

In another major blow, U.S. President Donald Trump announced new reciprocal tariffs against India starting April 2, citing its unfair trade practices. He particularly highlighted India’s excessive auto tariffs exceeding 100%, worsening the $45.7 billion trade deficit between the two nations. The move signals a breakdown in trust, as the US challenges India\u2019s trade policies that favor its own exports while restricting American goods.<\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad: India is facing global criticism for its corporate sector\u2019s unethical practices including misconduct, espionage links and exploitative trade practices exposed by United States, United Kingdom, Canada and Norway . According to Kashmir Media Service, a few days ago, the US sanctioned 22 entities and 13 vessels, including four Indian firms\u2014BSM Marine LLP, Cosmos Lines …<\/p>\n","protected":false},"author":3,"featured_media":170263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-170262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-world"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t