Kazakhstan Financial News

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

NEW DELHI: Oil prices have been on the boil since the war between the US, Israel and Iran broke out on 28 February. To ease supply concerns and prices of over $100 per barrel, the Organization of Petroleum Exporting Countries (OPEC) and its allies including Russia, together known as OPEC+, agreed to increase production in May.

Freestyle Wrestling competition at the 2025 Senior Asian Wrestling Championship. According to a release from the Wrestling Federation of India (WFI), in the 57kg category, Chirag, the 2024 U23 World Champion, faced an early exit after losing his first match to a Kyrgyz wrestler. His hopes of a repechage round were dashed when the Kyrgyz wrestler lost to a Mongolian opponent, eliminating Chirag's chances of a medal. In the 65kg category, Sujit started strong by winning his opening bout, keeping India's medal hopes alive. However, he lost to a Japanese wrestler in the next round and sustained an injury, forcing him to withdraw from the competition. Among other participants, Vishal Kaliraman (70kg), Chandermohan (79kg), and Jonty (97kg) also faced defeats in their respective bouts, ending their medal hopes. Looking ahead, five weight categories remain in the Freestyle Wrestling competition, with Udit (61kg) and Deepak Punia (92kg) expected to be strong medal contenders tomorrow.

Starlink nears regulatory approval in India for satellite broadband services, analysts say a victory there could pave a road into more emerging markets and boost the company's ambitions to add a million subscribers every year. There are still legal hurdles to overcome, and competition from companies such as Eutelsat and China's SpaceSail, which is entering Brazil, Malaysia and Kazakhstan. SpaceX also argues that U.S. regulations put it at a disadvantage against foreign rivals. But a foothold in India would be a potential $25 billion boon for Starlink, helping it reshape that country's satellite broadband industry and making an attractive case to other developing markets, experts say.

Oil prices edged higher on Wednesday amid oil supply disruptions in the U.S. and Russia and as markets awaited clarity on the Ukraine peace talks. Brent crude futures gained 20 cents, or 0.3% at $76.04 a barrel at 0146 GMT, climbing for a third day.

Subscribe to enjoy similar stories. For a week in Mumbai, India’s city of dreams, Maaya Rajeshwaran Revathi took Indian tennis on a fantastical ride. While her legs were tired by the end of it, her courage rarely wavered as she went from a wildcard in the qualifiers to a semi-finalist at the L&T Mumbai Open.

Eikhoigi Imphal International Film Festival (EIIFF)-2025' from February 6 to promote the art of cinema and position the state as a strategic hub for independent filmmaking.

Days after Azerbaijan Airlines crash, Russia allegedly released a controversial Christmas propaganda video. In the purported Russian video shared by Ukraine's Centre for Countering Disinformation appears to showcase a bizarre piece of Russian propaganda, where a sleigh driven by a NATO-branded Santa Claus is shot down above Moscow.

Azerbaijan Airlines this week may have been caused by a Russian anti-aircraft missile.

Subscribe to enjoy similar stories. The preliminary results of Azerbaijan’s investigation into the deadly crash of a civilian airliner point to the plane being hit by a Russian antiaircraft missile, or shrapnel from it, said people briefed on the probe. Azerbaijan’s initial findings came quickly after aviation experts said visible damage to the Azerbaijan Airlines flight—carrying 62 passengers and five crew members—was evidence that it was hit by a munition.

Azerbaijan Airlines flight that crashed in Kazakhstan on Wednesday was downed by a Russian air defence system, four sources in Azerbaijan with knowledge of the investigation told Reuters.

Azerbaijani airliner with 67 people onboard crashed Wednesday near the Kazakhstani city of Aktau, killing 38 people and leaving 29 survivors, a Kazakh official said.Deputy Prime Minister Kanat Bozumbaev disclosed the figures while meeting with Azerbaijani officials, the Russian news agency Interfax reported.The Embraer 190 was en route from the Azerbaijani capital of Baku to the Russian city of Grozny in the North Caucasus when it was diverted and attempted an emergency landing 3 kilometers (1.8 miles) from Aktau, Azerbaijan Airlines said.Speaking at a news conference, Azerbaijani President Ilham Aliyev said that it was too soon to speculate on the reasons behind the crash, but said that the weather had forced the plane to change from its planned course.“The information provided to me is that the plane changed its course between Baku and Grozny due to worsening weather conditions and headed to Aktau airport, where it crashed upon landing,” he said.Russia’s civil aviation authority, Rosaviatsia, said that preliminary information showed that the pilots diverted to Aktau after a bird strike led to an emergency on board.According to Kazakh officials, those aboard the plane included 42 Azerbaijani citizens, 16 Russian nationals, six Kazakhs and three Kyrgyzstan nationals. Azerbaijan’s prosecutor general’s office previously said that 32 of the 67 people on board had survived the crash, but told journalists that the number wasn’t final.

IREL) has signed an agreement with a Kazakhstan-based company to develop the titanium value chain in India by harnessing the potential of rare-earth minerals in the coastal parts of the country. The joint venture between IREL (India) Limited and Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP JSC) proposes to convert low titanium oxide (TiO2) ilmenite produced in Odisha to titanium slag, which is in great demand in the aerospace and defence sectors. «The setting up of this JV plant is expected to catalyse the establishment of chloride pigment/Ti Slag/sponge manufacturing industry, which has been hindered by non-availability of high TiO2 feedstock,» Minister of State in the Prime Minister's Office (PMO) Jitendra Singh told the Rajya Sabha in a written reply to a question.

Subscribe to enjoy similar stories. Saudi Arabia’s sway over the Organization of the Petroleum Exporting Countries long meant unquestioned dominance of the global oil market. Those days are over, at least for now.

space station is unpacked. When a Russian spacecraft docked at the International Space Station over the weekend, astronauts noticed a strange odour emanating from the spacecraft and immediately closed the hatch, only to open it again on Monday, as quoted in a report by Fox Weather. On November 21, the Progress supply mission, which brought supplies for the crew of the space station, took off from Kazakhstan's Baikonur Cosmodrome. At 9:31 a.m. ET on Saturday, the spacecraft docked at the Russian Poisk module, according to NASA. NASA claims that after opening the Progress hatch, the Roscosmos cosmonauts detected an unexpected odour and observed small droplets. The remainder of the Russian segment was sealed off, and the hatch was closed.

Russia's new hypersonic missile, hours after Moscow pummelled Ukraine's energy grid in an attack that left a million people without power. With Russia firing more than 90 missiles and around 100 drones during the barrage, according to Kyiv, Ukrainian President Volodymyr Zelensky urged his allies to give a firm response to what he dubbed Russian «blackmail». Putin said the fresh bombardment was a «response» to Ukrainian strikes on his territory with Western missiles.

Oreshnik hypersonic missile to attack «decision-making centres» in Kyiv in response to Ukraine's firing of Western missiles at Russian territory, President Vladimir Putin said on Thursday. Russia has not so far struck Ukrainian government ministries, parliament or the president's office in the course of the 33-month war. Kyiv is heavily protected by air defences, but Putin says the Oreshnik, which Russia fired for the first time at a Ukrainian city last week, is incapable of being intercepted — a claim greeted with scepticism by Western experts.

Kazakhstan based on its visa free regime for Indians and facilities is attracting many Indians. The flow of Indian tourists has ‘rocketed’ to Central Asia’s biggest and resource rich state of Kazakhstan since the country introduced a 14-day visa-free regime for Indian citizens in 2022. The numbers have seen a sharp increase with an increase in the number of daily flights in the recent months between the two sides. In 2023 over 50,000 Indians visited Kazakhstan. A three-hour flight is the air distance between New Delhi and the historic and modern city Almaty that offers all facilities of a Western city coupled with ropeways and ski resorts.

Boszhira Valley in Kazakhstan’s Mangystau region, a breathtaking window into Earth’s ancient history. Here, towering limestone formations stand as silent witnesses to an ocean that existed millions of years ago. This valley was once the floor of the mighty Tethys Ocean, an ancient water body believed to be the ancestor of today’s seas and oceans. Over 10 million years, the ocean disappeared, leaving behind stunning white and yellow limestone cliffs and otherworldly landscapes that contrast beautifully with the endless blue sky.

The ban will be enforced during the winter months in three regions near Lake Baikal, where cryptocurrency mining has flourished in recent years due to the low cost of electricity, primarily generated by large hydropower plants.

Astana International Financial Centre (AIFC). The event brought together prominent business leaders, government officials, and industry experts to discuss opportunities for increased trade, joint ventures, and collaboration in the electronics and engineering sectors. The Keynote address was delivered by Ambassador Dr. T.V. Nagendra Prasad. The chief guest was Mr. Meiram Pshembayev, Chairman of the Association of Kazakhstan Machinery Industry. The event was held in the hybrid format. Around 50 companies from both sides participated in the event. Thematic sessions on Electronics and Engineering Sectors took place in which experts from both sides gave presentations, followed by a lively question and answer session. From the Indian side, the event was also joined virtually by the Electronics and Software Export Promotion Council (ESC), Engineering Export Promotion Council (EEPC), Federation of Karnataka Chamber of Commerce (FKCC) and their member companies dealing in exports of electronics and engineering goods.

Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end of the year