India and Japan have set an investment target of Yen 5 trillion ($42 billion) by 2027,
reinforcing economic ties. This was announced after the Quad ministerial meeting in Tokyo.
The Reserve Bank of India (RBI) and Indonesia’s central bank have signed a pact to facilitate cross-border transactions in local currencies (INR & IDR). This aims to reduce reliance on the US dollar for bilateral trade.
India and Japan are deepening their cooperation in science, technology, and innovation as part of their 70th anniversary of diplomatic relations. University-led research and development projects will play a key role in this partnership.
India is reviewing its stance on the Regional Comprehensive Economic Partnership (RCEP), a trade bloc led by China. NITI Aayog officials suggest re-entering talks to strengthen India's global trade position.
China pledges increased financial backing for “whitelist” real estate projects to stabilize its struggling property sector. The housing ministry aims to accelerate bank lending to these projects, reaching 4 trillion yuan ($561.8 billion) by year-end.
Malaysia Airlines is set to increase flights to Ahmedabad and Trivandrum while adding new routes to non-metro cities in India. This move aims to enhance air connectivity between Malaysia and India.
Taiwan’s Global Wafers expects the U.S. Chips and Science Act to continue under the Trump administration. This would encourage further investment in semiconductor manufacturing.
