Odisha state has ordered intensified quality verification of iron ore after findings that some miners overstated ore grades to underpay royalties, a notice shows. The directive covers major mining areas Joda, Koira and Keonjhar and lists mines leased to JSW Steel, Tata Steel, Steel Authority of India (SAIL), Jindal Steel and state‑owned Odisha Mining Corporation. The sweep could disrupt domestic sales and exports of low‑grade ore. Odisha authorities and the named companies did not respond to req

Reserve Bank of Australia Governor Bullock said firms are reporting that non-labour cost pressures continue to rise.

CHINA'S HE attended and addressed the opening of the 2026 APEC forestry ministers meeting in Shenzhen on the 28th, saying the Asia‑Pacific holds more than half of the world’s forest area and is among the most ecologically diverse regions. He reiterated China’s commitment to safeguarding global ecological security, promoting ecological culture and green concepts, and offering Chinese experience and solutions for regional and global ecological civilization efforts. He added that, through joint action, the Asia‑Pacific has become a key force in reversing the global decline in forest resources.