India Begins Local Production of Range Rover, Aiming to Redefine Luxury SUV Market

In a landmark move for the automotive industry, Jaguar Land Rover (JLR) has started local production of its iconic Range Rover and Range Rover Sport models in India, marking the first time these luxury SUVs are being manufactured outside of the United Kingdom. The debut of Range Rover House in the affluent coastal town of […]

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Trade volume between Russia and Central Asia increases amid Western sanctions

Trade volume between Russia and Central Asian countries is on the rise despite Western sanctions stated Sergei Overchenko, Deputy Director of the third department of CIS countries of the Russian Foreign Ministry during an expert discussion hosted by the Valdai Discussion Club on 20 May Tass reports. The discussion focused on Russia and Central Asia […]

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Nepal Bans Indian Spice Brands Amid Health Concerns Over Pesticide Contamination

Nepal has joined a growing list of countries taking a stand against the import and sale of two prominent Indian spice brands, Everest and MDH, following alarming reports of cancer-causing pesticide contamination. This decisive move comes after similar bans were implemented in Hong Kong and Singapore, prompting widespread scrutiny of these popular products. The catalyst […]

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Chabahar pact important milestone; to provide connectivity to Afghanistan, Central Asia: Modi

Bhubaneswar: Prime Minister Narendra Modi termed India signing a contract to operate the strategic Iranian port of Chabahar as an important milestone and said New Delhi will work to provide connectivity to landlocked Afghanistan and Central Asia region to promote trade and commerce. In an interview to PTI, he said India will work to promote […]

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Afghan-Russian Economic, Trade Relations Take Center Stage at Kazan Summit

Kabul: Nooruddin Azizi, the acting Minister of Industry and Commerce, held meetings with the president of Mordovia, and senior officials of the Russian Federation and Tatarstan on the sidelines of the Kazan Summit. Akhundzada Abdul Salam Jawad, the spokesperson for the Ministry of Industry and Commerce, said that the discussions focused on increasing and balancing bilateral […]

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As Cambodia launches $36.6bn building drive, China, Japan fight for spoils

By Andrew Haffner Phnom Penh, Cambodia – Cambodia is pushing for an infrastructural renaissance, but it will need some help from its friends abroad to chip away at an estimated price tag of $36.6bn. That was the final sum calculated by the Cambodian government and published earlier this year in a 174-project master plan that […]

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China announces sweeping steps to stabilise crisis-hit property sector

China on Friday announced some of its most sweeping measures yet to stabilise the crisis-hit property sector, allowing local governments to buy “some” apartments, relaxing mortgage rules and pledging further efforts to deliver unfinished homes. Earlier in the day, fresh data showing the fastest drop in new home prices in more than nine years highlighted […]

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Malaysia’s economy grows faster than expected, inflation risks cloud outlook

Malaysia’s economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though some analysts said the rebound could be short-lived with price pressures set to increase. Gross domestic product rose 4.2% in the January-March period from a year earlier, central bank and government data showed […]

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