CHINA INDIA TURKEY

May 05 2026FINANCE

AI‑Driven Tax Audits Push China Toward More Strict Enforcement

China’s new Golden Tax IV system, built on big data and AI, is reshaping how the country collects tax. By linking customs, banking, utilities and company records into one giant database, the system can spot irregularities across all sectors. The move comes as China’s fiscal deficit has grown sharply

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May 03 2026BUSINESS

Trains Rush as China Welcomes Holiday Travelers

China’s rail network saw an unprecedented surge on the first day of the spring holiday, transporting 24. 8 million passengers in a single day – a record for any one day in the country’s history. The national railway authority released this figure, highlighting how busy the system becomes when people

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May 02 2026POLITICS

China Urges Keeping Iran Ceasefire and Reopening Hormuz Strait

China’s U. N. envoy said it is critical to keep the pause in fighting between Iran and its rivals intact. He urged that the Strait of Hormuz be opened again, warning that a closed passage would become a key topic when U. S. President Trump visits Beijing later this month. The ambassador expressed w

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May 01 2026HEALTH

Why India needs clearer rules for health supplements

India’s market for vitamin pills and herbal boosters is booming, growing at roughly 12–15 % every year since 2020. People here now spend about $8 to $10 billion on these products yearly, numbers that could double by 2027 thanks to stronger health habits, rising incomes, and online shopping. Yet thes

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Apr 30 2026BUSINESS

Bajaj Finance reports profit jump as loans grow and risk management improves

India's leading non-banking financial company Bajaj Finance saw its net profit climb to 54. 65 billion rupees for the quarter ending March 31st. This figure nearly matched what financial analysts had predicted—a net profit of 54. 9 billion rupees. The company, known for being the biggest non-bank le

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Apr 27 2026POLITICS

China Tightens Tech Rules While Trading Off Tariffs

China has quietly broadened its economic tools during a temporary pause in the U. S. trade dispute, setting up new limits on technology and supply chains before a summit next month. After leaders Xi Jinping and Donald Trump agreed in Busan to ease tensions, Beijing moved quickly to tighten controls

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Apr 26 2026POLITICS

Turkey Weighs Joining Hormuz Mine-Clearing Mission

Turkey is quietly assessing whether to send experts to clear naval mines from the Strait of Hormuz, but only if Iran and the United States first reach a lasting peace deal. Foreign Minister Hakan Fidan explained in London that any future clearance teams would consist of technical specialists from mu

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Apr 26 2026FINANCE

India’s markets need smarter global rules and sharper tech to stay safe

India’s finance chief believes the country’s market watchdog should team up more with foreign regulators and lean on AI to handle cyber threats. Speaking at an event in Mumbai, she argued that clearer frameworks shared worldwide would make foreign investors more comfortable putting money into India’

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Apr 22 2026POLITICS

Turkey Seeks to Reopen Talks Between Russia and Ukraine

Turkey is trying again to bring the leaders of Russia and Ukraine together for a new round of talks, says the Turkish presidency. The effort comes after Kyiv asked Ankara to host a high‑level meeting with Moscow, a request the Turkish government has been working on since the war began in 2022. Presi

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Apr 18 2026POLITICS

Turkey Warns of Harm if U. S. Pulls Out of European Security Plans

Turkey’s foreign minister said the United States might pull out of Europe’s security framework, and that could cause big problems for the continent. He spoke at a meeting in Antalya but did not give details of what is being discussed. The main point was that any U. S. exit, even a partial one, would

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