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
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
India’s biggest car maker, Maruti Suzuki, is set to raise the price of its vehicles because the cost of making them has gone up. The price hike comes after a chain reaction that began in the Middle East, where fighting has made it harder for goods to move around the world and has pushed up fuel pric
Indian leaders are telling people to marry in their own country instead of traveling abroad. The reason is the cost of oil and gas that India imports from the Middle East. When tensions rise near the Strait of Hormuz, prices go up and the rupee weakens. A weaker rupee makes it harder for pe
Australia’s latest move in the digital world has sparked a global debate. The country wants to force big tech companies—like Meta, Google, and TikTok—to pay news organizations for linking to their content. But what started as an "incentive" is really a heavy-handed rule. If these companies refuse, t
Australia’s leaders have voiced worry over a sudden rise in mice numbers across the western wheat belt. The rodents are eating grain and damaging farms, which could hurt the country’s ability to export food. Energy Minister Chris Bowen told a televised interview from Sydney that the government
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
