December 31, 2025

Australian Shares Fall on Inflation Hikes; AI Bubble Risk Persists, Precious Metals Soar

Australian shares closed 2025 down over 4% amid inflation fears and possible rate hikes. AI boom faces bubble warnings, crypto dips, while gold and silver prices skyrocket.

December 31, 2025

Telangana Govt Releases ₹713 Crore for Pending Employee Bills in December

Telangana Government has released ₹713 crore towards pending bills for government employees for December. Payments include gratuity, GPF, leave encashment, and advances. This follows Deputy CM Bhatti Vikramarka’s orders.

December 31, 2025

Union Cabinet Freezes Vodafone Idea's AGR Dues of Rs. 87,695 Cr for Five Years

The Union Cabinet has decided to freeze Vodafone Idea's AGR dues till December 2025 at Rs. 87,695 crore. The payment will be rescheduled over 2031-2041, offering the telecom company vital financial relief.

December 31, 2025

Saudi Arabia Launches Four-Tier Sugar Tax on Soft Drinks from January 1

Starting January 1, Saudi Arabia will tax sweetened beverages based on their sugar content, replacing the old flat 50% tax. High-sugar drinks will be more expensive, while low or sugar-free drinks get cheaper, aiming to promote healthier options and align with GCC health plans.

December 31, 2025

India Slaps 3-Year Import Tariff on Steel to Fight Cheap Chinese Imports

India has set a three-year import tariff on certain steel products, starting at 12% in year one to curb cheap steel from China. The tariff gradually lowers to 11% by year three, excluding specialty steel and imports from some developing nations.