December 31, 2025

Rajasthan OKs Vehicle Scrapping Policy 2025 and Revises Pachpadra Refinery Cost to ₹79,459 Crore

Rajasthan Cabinet approves vehicle scrapping policy for cars older than 15 years with discounts on new purchases. It also approves revised ₹79,459 crore cost for Pachpadra refinery. State government holds 26% equity in the project.

December 31, 2025

India Becomes 4th Largest Economy, Eyes 3rd Spot by 2030

India's economy hits $4.18 trillion, overtaking Japan to become the world's 4th largest. Strong GDP growth and reforms fuel hopes of surpassing Germany by 2030.

December 30, 2025

India Aims to Make AI Infrastructure Accessible to All Ahead of AI Impact Summit 2026

India plans to expand AI resources beyond big firms and cities, promoting startups and researchers with measures like IndiaAI Mission. The government stresses sustainability and wider data access to boost AI across sectors.

December 30, 2025

Rising Rents Push Up Saudi Arabia's Cost of Living Despite Steady Inflation

Saudi Arabia reports steady inflation at 2.3% in mid-2025, but housing rents climb sharply, especially in Riyadh. Many residents, especially expats, face higher living costs amid Vision 2030 economic changes.

December 30, 2025

Russia Still Importing Michelin Aviation Tyres via Intermediaries Despite Sanctions

Sanction-hit Russia keeps buying pricey Michelin aviation tyres through middlemen, including a UK-linked firm. Over 2,600 tyres worth $7m entered Russia from late 2024 to early 2025. Michelin says it’s fighting diversion; experts call for stronger oversight.