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Business
LPG Supply Remains Steady as Oil Companies Face Losses on Cylinder Sales
Oil Marketing Companies (OMCs) are grappling with under-recoveries of nearly Rs 700 on each domestic LPG cylinder, despite government efforts to bolster supply. Sujata Sharma, joint secretary in the Ministry…
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Business
Why Every Business Launch Needs a Social Media Presence on Day One
Most new businesses treat social media as an afterthought. The website goes live, the register opens, the first invoices go out — and the Instagram account gets set up “eventually,”…
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Business
Rajesh Exports Stock Plummets 5% Following SEBI Ban on CMD for Financial Irregularities
Shares of Rajesh Exports Ltd, a prominent jewellery exporter, fell sharply on Thursday, dropping 5% to hit the lower circuit limit. This decline followed a directive from the Securities and…
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Business
Gold and Silver Price Forecast: Will Gold Reach Rs 1.65 Lakh per 10 Grams and Silver Climb to Rs 2.85 Lakh per Kg?
Gold and silver prices are showing a bullish trend as MCX Gold maintains a consolidation phase, according to Abhilash Koikkara, Head of Forex & Commodities at Nuvama Professional Clients Group.…
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Business
Global Investors Set Their Sights on India, Says Piyush Goyal
India’s growth trajectory is attracting global investor interest, according to Union Commerce and Industry Minister Piyush Goyal. Speaking at the Citi India Conference 2026, Goyal emphasized that his recent discussions…
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Business
Russia Acknowledges Decline in Oil Production Amid Ongoing Attacks on Refineries in Ukraine
Russia has publicly acknowledged a decline in its oil production for the first time this year. Deputy Prime Minister Alexander Novak stated that current output is lower than at the…
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Business
India and Venezuela Strengthen Energy Cooperation: A Perfect Complementarity Amid Crude Diversification Efforts
India and Venezuela are set to enhance their cooperation, particularly in the energy sector, as New Delhi seeks to diversify its crude oil imports amid ongoing supply disruptions linked to…
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Business
India Expands Ethanol Infrastructure: 5,000 Fuel Stations Set for 2027 in Delhi NCR, Pune, and Beyond
India is accelerating its ethanol initiative to reduce reliance on imported fossil fuels. The government plans to establish a network of ethanol dispensing stations across major cities, starting with 50…
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Business
India Seeks Foreign Investment Amid US-Iran Tensions
In an effort to attract foreign investment amid the ongoing Middle East crisis, the Indian government plans to eliminate the capital gains tax on foreign portfolio investors’ holdings in government…
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Business
Exporters Monitor USTR Investigation and Ongoing Trade Discussions
Indian exporters are closely monitoring the US Trade Representative’s investigations and ongoing negotiations for a bilateral trade agreement. They believe these discussions could provide them with a competitive edge over…
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Business
Bank of America CEO Highlights Robust Interest in India Amid Market Volatility
MUMBAI: Interest in India remains strong despite recent market volatility, according to Vikram Sahu, CEO and country executive at Bank of America. He noted that corporate interest is unwavering, with…
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Business
Government Introduces Standardized Framework for District GDP Estimates Based on 2022-23 Data
The Ministry of Statistics and Programme Implementation (MoSPI) has introduced a uniform framework for estimating district-level economic output, using a revised base year of 2022-23. This initiative aims to enhance…
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Business
Rupee Declines 40 Paise to 95.76 Against Dollar Amid Tariff Concerns and Oil Price Pressures
The Indian rupee fell for the second consecutive session on Wednesday, closing down 40 paise at 95.76 against the US dollar. This decline was driven by concerns over proposed US…
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Business
Study Reveals India’s 500 GW Clean Energy Target May Generate 4.4 Million Jobs
India’s ambition to achieve 500 GW of non-fossil fuel capacity by 2030 could lead to the creation of over 4.4 million full-time equivalent (FTE) jobs, with rooftop solar being the…
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Business
RBI Deputy Governor Highlights India’s Economic Resilience Amid Geopolitical Uncertainty
India’s economy has shown resilience amid geopolitical tensions, supply-chain disruptions, and fluctuating commodity prices, according to Reserve Bank of India Deputy Governor Swaminathan J. In a speech at Columbia University’s…
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