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Business
Reserve Bank of India: Potential Iran-US Interim Peace Deal Could Boost India’s Growth
The Reserve Bank of India (RBI) has indicated that the interim peace deal between Iran and the United States could bolster India’s economic growth by normalizing supply chains and alleviating…
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Business
India’s Russian Oil Imports Surge in June Due to Hormuz Disruptions
India’s imports of Russian crude oil surged to a record high in June, reaching approximately 2.70 million barrels per day (bpd). This increase comes as Indian refiners capitalize on discounted…
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Business
Oil Prices Poised for Significant Quarterly Decline Amid Uncertain US-Iran Negotiations
Oil prices are poised for their largest quarterly decline since the onset of the Covid-19 pandemic in 2020. Investors are closely watching the potential for renewed talks between the US…
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Business
Nine Years of GST: Unifying Taxation Across Companies and Sectors Amidst Transformations
When the Goods and Services Tax (GST) was implemented on July 1, 2017, it represented a major overhaul of India’s indirect taxation system. The reform replaced a complex array of…
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Business
India’s Crude Oil Imports Recover Amid Middle East Disruptions
India’s crude oil imports have rebounded to levels close to those seen before the recent conflicts in the Middle East. This recovery comes despite ongoing disruptions in the region. Indian…
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Business
Government Extends GSTAT Appeal Deadline to July 31 Due to Portal Issues
The Centre has extended the deadline for filing appeals before the Goods and Services Tax Appellate Tribunal (GSTAT) to July 31, 2026. This decision follows concerns from taxpayers and industry…
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Business
Japanese Yen Reaches Four-Decade Low Against US Dollar: Understanding the Currency’s Depreciation
The Japanese yen has fallen to its lowest level against the US dollar since 1986, raising concerns among policymakers about potential intervention to stabilize the currency. During trading in New…
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Business
Exploring Investment in US Stocks Through GIFT City: Indian Brokers’ Strategies for Simplifying the Process
India’s largest discount brokerages, including Groww, Zerodha, Angel One, Upstox, and Dhan, are preparing to offer overseas investing through GIFT City. This initiative aims to simplify access for Indian investors…
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Business
Understanding Project Jupiter: Inside Mukesh Ambani’s Reliance Efforts for Jio’s Major IPO
Project Jupiter, the internal initiative by Reliance Industries to prepare Jio Platforms Ltd for its initial public offering (IPO), is set to become the largest IPO in Indian stock market…
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Business
Pakistan Revises Energy Strategy, Secures Emergency LNG Amid Uncertainty in Qatar Exports
While the ongoing crisis in the Middle East has unsettled global oil markets, Pakistan has shifted its strategy by entering the spot liquefied natural gas (LNG) market. The country is…
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Business
Gold Set for Lowest Monthly Performance Since 2008 as Fed Rate-Hike Expectations Surpass Safe-Haven Appeal
Gold prices fell more than 1% on Tuesday, marking a significant downturn as they headed for their steepest monthly decline since October 2008. Easing concerns over the Middle East conflict…
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Business
India’s Economy Poised to Reach $7 Trillion This Decade, Potentially Doubling by Mid-2030s
India’s economy is projected to reach $7 trillion by the end of this decade, according to Vinay Mohan Kwatra, the country’s ambassador to the United States. Speaking at the IX…
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Business
US Ambassador Sergio Gor Indicates Progress in India-US Trade Deal Negotiations
The proposed US-India trade agreement is nearing completion, with only 1% of the issues left to resolve, according to US Ambassador to India Sergio Gor. Speaking at the US-India Strategic…
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Business
Oil Prices Decline as Investors Anticipate US-Iran Negotiations; Brent Crude Drops to $72 per Barrel
Oil prices declined on Tuesday as markets reacted to ongoing US-Iran discussions in Doha, despite recent missile exchanges indicating regional instability. The two nations have reached an interim peace deal…
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Business
Persistent CEO Supports Protocols During Nagarro Stock Rally Examination
BENGALURU: Persistent Systems CEO Sandeep Kalra addressed concerns regarding unusual trading activity in Nagarro’s shares prior to the announcement of a $1.3 billion acquisition deal. Kalra emphasized that the company…
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