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    REGIONAL BALANCE

    Padma Doree to celebrate India's textile heritage and the evolution of fabric

    Developed across two regions, it features natural dyes, an isothermal process, and non-violent silk, promoting sustainability and artisan livelihoods. The event highlights the fabric's journey, ethical practices, and cultural significance.

    Japan to roll out prepaid transport card for foreign visitors from May

    Japan will launch a new prepaid IC card, “Tourist Pasmo”, for foreign travellers in May, according to Kyodo News. Issued by Pasmo Co., the card will be valid for 28 days and usable for transport and payments. It will be sold at Narita Airport and Haneda Airport with no deposit, replacing the earlier Pasmo Passport.

    Why did Trump extend ceasefire when Iran doesn't even want to talk? US extends truce, keeps Iran blockade, tensions rise

    Why did Trump extend ceasefire when Iran doesn't even want to talk? The United States decided to extend the ceasefire with Iran after a request from Pakistan while keeping a blockade on Iranian ports. Iran called the blockade an act of war and signaled uncertainty over talks. Hezbollah and Israel exchanged accusations of ceasefire violations. Oil prices reacted with volatility. Diplomatic talks may move to Islamabad if the blockade ends.

    Global palm oil supply to tighten in FY27 amid biodiesel push and weather risks: SEA

    In fiscal year 2027, the outlook for palm oil production across the globe appears precarious. Major exporting nations are intensifying their biodiesel initiatives, stripping away palm oil for local energy applications. This trend, paired with the potential El Nino effects on Indian rainfall patterns and fluctuating global political tensions, is likely to limit the availability of exportable palm oil.

    Strong growth, policy stability drives global realty capital to India: JLL’s Murray

    India is becoming a key destination for global real estate investment as multinationals seek stability and growth, says Neil Murray, CEO at Real Estate Management Services. According to Murray, strong economic fundamentals, policy support, and rising demand for quality assets are driving interest.

    Nirmala Sitharaman, Piyush Goyal hold talks with Korean leaders on future bilateral cooperation

    India and South Korea are strengthening economic ties. Union ministers met with South Korean leaders and business executives. Discussions focused on financial sectors, startups, and trade expansion. Both nations aim to increase bilateral trade to 50 billion dollars by 2030. This collaboration will drive investment and innovation between the two countries.

    The Economic Times
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