India has reached a new milestone in its financial records this April by amassing an unprecedented $25.16 billion in Goods and Services Tax (GST) collections.
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This section brings you news reports from around the world, covering global events, politics, economy, and more. Stay informed with the latest international updates and developments.
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BMW Displays i4, Concept, Plans 20 Models for China
At the recent Beijing auto show, BMW Group showcased its latest offerings, including the revamped BMW i4 and an exciting concept car, alongside revealing plans for over 20 new models tailored for the Chinese market.
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China Set to Reduce Petroleum Prices on April 30
April 29, 2024 – Beijing – In a move responding to the recent shifts in international oil prices, China is set to reduce retail petroleum prices starting April 30, 2024.
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China Intensifies Crackdown on Illegal Online External Links
In a major push to fortify internet regulation, China has initiated a two-month nationwide campaign to eradicate illegal external links across social networks and various online platforms.
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Experts Predict 6G Commercial Availability by 2030
By 2030, sixth-generation wireless technology, commonly referred to as 6G, is expected to be commercially available in regions with the necessary infrastructure, including China, according to experts.
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BMW Expands Chinese Operations with $2.8 Billion Investment
BMW AG has announced a significant expansion of its investment in China with an infusion of 20 billion yuan (approximately $2.81 billion) into its Shenyang production base.
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China Enacts New Customs Duties Law
Beijing, April 28, 2024 – In a significant move aimed at promoting a more open economy, China has officially passed a new law on customs duties, state media Xinhua reported on Friday.
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Bank of Japan Holds Rates Steady as Yen Tumbles to 34-Year Low
The Bank of Japan (BOJ) concluded its two-day policy meeting on Friday with the decision to keep its policy rate unchanged, a move that further pressured the Japanese yen, driving it to a 34-year low against the U.S. dollar.
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IMF Opens New Regional Office in Saudi Arabia
The International Monetary Fund (IMF) is set to enhance its partnership across the Middle East with the inauguration of a new regional office in Riyadh, Saudi Arabia.
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About 207,000 Vehicles in South Korea Recalled Due to Defects
In a major move affecting the automotive industry, four leading car manufacturers, including both domestic and international brands, announced recalls totaling approximately 207,000 vehicles due to various manufacturing defects.
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