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Mining backlash: Kyrgyzstan detains China firm head; mining probe widens amid environmental damage claims

Kyrgyzstan has arrested the Chinese chief executive of a gold mining company accused of causing “large-scale” environmental damage, marking a sharp escalation in local scrutiny of Chinese investment in the Central Asian nation.The Chinese national, who heads Kemin Resource Group, was detained last Thursday for allegedly damaging thousands of square metres of land and providing…

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AI bets pay off: Alibaba posts 5% revenue rise as AI app hits 10 million downloads; cloud business accelerates

Alibaba reported a stronger September quarter on Tuesday, buoyed by the blockbuster launch of its redesigned Qwen AI app and a sharp pickup in cloud-computing revenue, even as net profit fell sharply.The Chinese tech major said revenue for the three months ended September 30 rose 5% year-on-year to 247.8 billion yuan ($35 billion), ahead of…

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Trade compliance push: Commerce Ministry maps global non-tariff rules; exporters asked to share data

The commerce ministry has begun a detailed mapping of mandatory and voluntary non-tariff measures across major global markets as part of a new effort to strengthen export quality and technical compliance.In a note, the Directorate General of Foreign Trade (DGFT) said it is compiling a database of regulatory requirements — including certifications, testing protocols, inspections,…

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Fiscal strain: Moody’s says tax cuts slow govt revenue; will it limit support for the economy?

India’s fiscal space is tightening as recent tax cuts weigh on revenue growth, leaving the government with less room to support the economy through policy measures, Moody’s Ratings said on Tuesday, according to PTI. The global agency flagged that lower collections in the current financial year have added pressure on the fiscal consolidation path.Speaking at…

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Infra boost: India speeds up efforts to clear backlog of stalled highway projects; aims 60% cut in pending projects

India is pushing to clear a large backlog of delayed national highway projects by the end of March, aiming to cut cost overruns and revive construction momentum after a sharp fall in project awards this fiscal.According to an ET report, the road, transport and highways ministry began the year with 152 stalled projects worth Rs…

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Gold loan boom: Credit market poised for major expansion; NBFCs plan 3,000 new branches as demand jumps

India’s gold loan market is gearing up for strong expansion, with non-bank lenders preparing to open around 3,000 dedicated branches over the next year to meet rising demand. The market, which is largely led by public-sector banks, grew 36% year-on-year to Rs 14.5 lakh crore by the end of September.According to sector heads quoted by…

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Trump’s H-1B visa & immigration crackdown: Indians look at EB-1A visa route – all you want to know

The EB-1A category specifically accommodates individuals who display exceptional capabilities. (AI image) Hit by the steep hike in H-1B visa fee and the crackdown by the Donald Trump administration on immigration, Indians are now eyeing alternative routes for their US dream. With increasing restrictions on H-1B visas under the Trump administration, more Indians are opting…

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Don’t look at top stocks to buy! The real question is – should you invest in stocks directly at all?

None of this is an argument against equity. It is an argument against do-it-yourself equity picking for most savers. (AI image) S hould you invest in stocks directly at all? For most people, the real question isn’t “which share to buy” but “should I be buying shares at all?” Let’s start with a familiar face.Meet…

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