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Business
Tankers Carrying Saudi Oil to India Go ‘Dark’ as Transponders Are Turned Off in the Red Sea
Two oil tankers carrying Saudi crude to Indian refiners have sailed out of the Red Sea while temporarily disabling their tracking systems. This maneuver comes in response to Yemen’s Iran-backed…
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Business
Flipkart and Amazon Engage in Fee War as Competition Intensifies
MUMBAI: Amazon and Flipkart are eliminating commissions for sellers on their platforms as online shopping gains traction in smaller cities and towns. This marks the second time since last year…
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Business
AI Labs Highlight the Continued Importance of IT Companies, Says Infosys CEO Salil Parekh
BENGALURU: Salil Parekh, CEO of Infosys, will retire in March 2024 after a transformative tenure that began in 2018. Under his leadership, the company doubled its revenue from $10 billion…
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Business
Trump Considers $100,000 Work Permit Fee for Foreign Graduates Seeking Jobs in the US
The Trump administration is considering a $100,000 fee for international students who wish to work in the United States after graduating from American universities. This proposed fee would apply to…
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Business
ITR Filing Deadline Extended: Will July 31, 2026, Be the Final Date for Income Tax Returns? Explore Recent Updates
July 31, 2026, remains the deadline for salaried taxpayers and pensioners to file their income tax returns (ITR) for the financial year 2025-26. The Income Tax Department has not announced…
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Business
Indigenous Signalling System to Support New High-Speed Corridors Following Made-in-India Bullet Train
India is set to advance its high-speed rail capabilities with the development of its own control protocols. The Indian Railways has decided to manufacture the bullet train for the Mumbai-Ahmedabad…
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Business
Crude Oil Prices Decline as Alternative Routes Through Hormuz Remain Active
Oil prices declined on Thursday following a significant rally in the previous session. West Texas Intermediate (WTI) crude fell 0.54% to $84.00 a barrel, while Brent crude dropped 0.85% to…
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Business
Samsung Reports Record $62 Billion Profit in Q2 Driven by AI Chip Surge
Samsung Electronics has reported a record quarterly operating profit of 89.5 trillion won ($62 billion) for the April-June period, driven by surging demand for memory chips amid the artificial intelligence…
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Business
Microsoft Reports Q4 Earnings: Azure Surpasses $100 Billion Amid AI-Driven Growth
Microsoft’s latest quarterly results reveal a significant boost in cloud revenue and a growing number of paid AI users, underscoring the company’s successful push into artificial intelligence. For the April-June…
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Business
What Claude and ChatGPT Actually Cost a Business
Finance teams spend real energy arguing over whether a seat costs $20 or $25 a month. That argument is worth $60 a year per person. Meanwhile the same company’s engineering…
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Business
India’s Upcoming Introduction of Plastic Currency: Reasons Behind the Shift and the Future of Paper Money
The Reserve Bank of India (RBI) has received government approval to print an initial batch of 2 billion polymer banknotes for field trials. This decision, announced in Parliament, includes one…
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Business
Indian IT Companies Surge as TCS, Infosys, and Wipro Defy Global AI Stock Decline
Indian IT sector stocks have shown a notable rally after a prolonged decline this year. On Wednesday, shares of major companies including Infosys, TCS, HCLTech, Wipro, Coforge, and Tech Mahindra…
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Business
Indian Oil Pursues 50% Stake in Very Large Gas Carriers Amid Rising US LPG Imports
India’s largest refiner, Indian Oil Corporation (IOC), is set to acquire a 50% stake in very large gas carriers (VLGCs) as part of its strategy to boost imports of liquefied…
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Business
‘Made in India’ Smartphones Expand Internationally: Exports Surge to Rs 2.59 Lakh Crore
India’s electronics manufacturing sector has experienced substantial growth over the past decade. Mobile phone exports surged 165-fold, increasing from approximately Rs 1,500 crore in 2014-15 to around Rs 2.59 lakh…
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Business
India’s Salary Hikes Expected to Range from 8.6% to 10.2%; Which Companies Will Benefit Most?
The TeamLease Jobs and Salaries Primer report forecasts salary increments of 8.6% to 10.2% across various industries for FY26-27. While not all sectors will see double-digit hikes, professionals in electric…
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