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Business
Oil Prices Drop 4% Following Trump’s US-Iran Deal Announcement and Hormuz Reopening
Oil prices plummeted to their lowest levels since March on Monday, following US President Donald Trump’s announcement that the Iran deal is “complete.” Trump declared the “immediate toll-free reopening of…
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Business
US-Iran Peace Agreement Boosts Markets and Currency Exchange
Global markets experienced a significant rally on Monday following the announcement of a framework agreement between the United States and Iran aimed at ending their longstanding conflict. This development has…
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Business
ITR Filing for FY 2025-26: Is It Possible to Alternate Between New and Old Income Tax Regimes Annually?
Individuals filing their income tax returns for FY 2025-26 face a crucial decision: whether to choose the old or new tax regime. This choice can significantly impact tax savings, and…
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Business
FM Sitharaman Signals Additional Measures to Boost Foreign Capital Inflows ‘First Step, Not End of the Story’
Finance Minister Nirmala Sitharaman announced that recent measures to attract foreign capital represent the “first step” in India’s strategy to navigate the ongoing geopolitical crisis and the US-Iran conflict. Speaking…
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Business
Arvind Panagariya Advocates for a Dedicated Privatization Ministry
Former Niti Aayog vice chairman Arvind Panagariya has urged the Indian government to revive its privatisation agenda for public sector undertakings (PSUs) and public sector banks (PSBs). He emphasized that…
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Business
US Emergency Oil Stockpile Hits Record Low Amid Concerns
More than four decades after its establishment, the U.S. Strategic Petroleum Reserve (SPR) has reached its lowest level since 1983. Recent federal data reveals that the reserve now holds 340.3…
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Business
Impact of US-Iran Peace Deal on India’s Crude Oil Supplies Following Strait of Hormuz Opening
US-Iran negotiations have led to a potential peace deal that could significantly impact global crude oil supplies. If the agreement is signed on Friday, the reopening of the Strait of…
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Business
Zepto’s IPO: Will 10-Minute Delivery Model Withstand Public Market Evaluation?
NEW DELHI: Zepto, a quick-commerce platform founded by Aadit Palicha and Kaivalya Vohra, has filed its draft red herring prospectus (DRHP) for an initial public offering (IPO) that could raise…
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Business
India Introduces Producer Price Index, Plans to Phase Out Wholesale Inflation Gauge in Five Years
India has officially launched its Producer Price Index (PPI) data for goods and services, marking a significant shift from the traditional Wholesale Price Index (WPI). This transition, reported by PTI,…
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Business
Middle East Crisis Eases: What’s Next for Normalcy in the Strait of Hormuz?
The United States and Iran have reached a tentative agreement to end the ongoing conflict in the Middle East, which has disrupted global energy markets for over three months. The…
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Business
India and UK Collaborate to Address Trade Pact Implementation Challenges, Official Reports
India and the UK are actively addressing issues that have stalled the implementation of their free trade agreement, which was signed in July 2023. Commerce Secretary Rajesh Agrawal confirmed that…
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Business
Implications of Trump’s Potential Peace Deal with Iran and Strait of Hormuz Opening for Indian Companies
US President Donald Trump announced a potential peace deal with Iran and the reopening of the Strait of Hormuz, set to be signed on Friday in Geneva. This development could…
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Business
Sarvam Enters Unicorn Club with $234 Million Funding Round
BENGALURU: Indian AI startup Sarvam has secured $234 million in a funding round led by HCLTech and Bessemer Venture Partners, elevating its valuation to $1.5 billion and marking its entry…
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Business
RBI Implements Stricter Regulations to Prevent Mis-Selling by Lenders
MUMBAI: The Reserve Bank of India (RBI) has finalized its consumer protection framework, introducing stringent guidelines aimed at curbing mis-selling, deceptive digital practices, and unauthorized bundling. The new rules shift…
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Business
Oil Prices Remain Elevated Above Pre-War Levels Amid US-Iran Truce Prospects
Oil prices stabilized around the $80 per barrel mark on Tuesday, following weeks of volatility in energy markets due to escalating tensions in the Middle East. As of 7:15 am…
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