India just made a rule change that could save nuclear plants money on old purchases. The finance ministry decided to cancel customs taxes on parts bought between April 2019 and January 2026 for building or running nuclear reactors. This decision surprises some because it works backwards—covering bil
Australia’s main parliament passed a new tax bill that will change how profits from property and other investments are taxed. The vote was 94 to 48, with the opposition and a few independents trying but failing to add their own tweaks. The law was announced in last month’s budget and is the biggest
India has stepped up its cooperation with Venezuela in the energy sector, seeing Caracas as a key partner while global oil flows are hit by tensions in the Middle East. During a visit that began on June 4, Venezuela’s interim President Delcy Rodriguez arrived in New Delhi with a sizable delegatio
India recently set aside 100 billion rupees, roughly one billion dollars, to ease the strain on airlines caused by soaring jet fuel prices. These sky-high costs partly stem from tensions in West Asia, which have disrupted oil supplies and pushed prices up worldwide. Airlines often feel this the most
Japan’s defense chief recently spoke clearly at a major Asian security meeting in Singapore. He pushed back against claims that Japan is becoming more aggressive in military matters. His comments came after repeated accusations from China about Japan’s supposed "new militarism. " Yet the defense min
Japan’s top three banks will soon receive OpenAI’s newest cyber‑defence tool, GPT‑5. 5‑Cyber, through a special program that only lets verified defenders use it. The plan is part of Tokyo’s effort to treat advanced AI as a key national asset, not just a consumer gadget. Only institutions that
India is testing fresh ways to pay for its massive ocean and water projects. A government company called Sagarmala wants to sell special bonds called ‘blue bonds’—the first of their kind in the country. These bonds work like regular loans but must be used only for clean-up efforts, port upgrades, sh
Australia’s defence chief said China’s limited participation in the Shangri‑La Dialogue was a lost opportunity for strategic dialogue. He argued that many countries need clear reassurance from Beijing about its intentions. The event is the biggest defence gathering in Asia, and leaders expect to sha
Japan is looking at a fresh way to support its investment agenda by issuing special “bridging bonds. ” These instruments are designed to connect short‑term borrowing with long‑term projects, helping the government fund new initiatives without immediately adding to its debt burden. The idea is not
Japan and South Korea share a bond that’s hard to ignore. On one side, they’re economic allies, trading technology, cars, and pop culture like K-pop. On the other, they’re stuck in arguments over history—especially Japan’s rule over Korea in the early 1900s. These fights pop up in trade disputes, co
