News
India shifts duty-free jewellery allowance to weight only, letting eligible returning residents bring 40g for women or 20g for others under 2026 rules in force.
India moves ahead on Project 75I for 6 AIP submarines with Germany’s ThyssenKrupp Marine Systems deal and Mazagon Dock as Pakistan pursues China’s Hangor boats.
Business
China sold over 11 million electric cars in 2024, helping cap gasoline demand, and weakening prices for discounted Venezuelan crude in Chinese refineries today.
China expands yuan settlement via CIPS and mBridge as Shanghai opens a digital yuan center while IMF and SWIFT data show the dollar leads reserves and payments.
South Korea inflation slows as January CPI rises 2.0% y/y, with core inflation at 2.0% and transport costs falling, official data shows after 2.3% in Dec. 2025.
Canada and India are preparing a 10 year uranium supply deal near C$2.8 billion with talks tied to civil nuclear rules in force since 2013, for a March signing.
India’s 2026 budget proposes zero tax through 2047 for foreign cloud firms running global AI workloads on Indian data centres, with reseller rules, for exports.
Gold slid from record highs and silver sank in a rapid unwind of leveraged bets, with dollar strength and higher collateral demands tightening market conditions.
Technology
FDA says it is deploying AI internally to handle repetitive review tasks, alongside new guidance aimed at reliable AI evidence in approvals in reviews and filings.
Microsoft launched Maia 200, a new AI inference accelerator for Azure, built on TSMC 3nm with 216GB HBM3e and multi-PFLOP throughput.
South Korea ICT exports rose over 12 percent in 2025, led by semiconductors, as global demand for AI data centers and high performance chips accelerated worldwide.
Google is rolling out new in-line AI tools in Gmail, replacing the Gemini side panel for some users as summaries, replies and drafting tools appear directly in emails.
