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Business
Oil Prices Rise as Vance Issues Warning to Israel Over Ceasefire Violations
Oil prices experienced renewed volatility following comments from U.S. Vice President JD Vance, which raised concerns about the stability of the Middle East peace deal. Brent crude fell 0.65% to…
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Business
Insurers Advocate for Continuation of Marine Insurance Pool Post-Ceasefire
Mumbai: Following the recent cessation of hostilities between the US and Iran, Indian insurers are opting to maintain the marine insurance pool. This decision aims to ensure sufficient domestic capacity…
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Business
Record $863 Billion in Exports Achieved in FY26 Amid US Tariffs and Middle East Crisis, Reports Official
India’s exports reached a record $863 billion in the fiscal year 2025-26, despite challenges posed by US tariffs and the ongoing conflict in West Asia. This achievement reflects the resilience…
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Business
ITR Filing: Understanding Section 87A Rebate for Zero Tax Payment in New and Old Tax Regimes
Individuals filing their income tax returns for the financial year 2025-26 should be aware of the income tax rates and slabs under both the new and old regimes. Under the…
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Business
Fertiliser Industry Insights: Hormuz Plant Reopening May Not Alleviate Supply Challenges, According to Executives
Fertiliser availability and pricing are expected to take three to four months to normalize, despite a tentative peace agreement between the US and Iran and the anticipated reopening of the…
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Business
India-UK Free Trade Agreement Set to Launch on July 15, UK Envoy Describes It as a ‘Historic Moment’
India and the UK have confirmed that their free trade agreement (FTA) will take effect on July 15. This agreement aims to facilitate tariff reductions, enhance market access, and strengthen…
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Business
Middle East Conflict Impact on Airline Profits: Report Predicts 10-15% Decline Due to Rising ATF Costs and Rupee Pressure
Operating profits for Indian airlines are projected to decline by 10-15% in the current fiscal year, according to a report by Crisil. The report attributes this downturn to rising aviation…
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Business
China’s Export Surge Raises Concerns in Europe as G7 Nations Consider Response to ‘China Shock 2.0’
China’s exports are raising alarms in Europe, prompting leaders of the Group of Seven (G7) to discuss strategies to tackle increasing trade imbalances. Concerns are growing that Europe may experience…
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Business
India’s Power Generation Capacity Surpasses 530 GW, Poised to Reach 600 GW Next Year
The installed power generation capacity in India has surpassed 530 GW and is projected to approach 600 GW by next year, according to Aadhar Raj, Joint Secretary in the Ministry…
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Business
G7 Addresses China’s Dominance in Minerals for Technology
G7 leaders have committed to enhancing cooperation to reduce their reliance on China for critical minerals. They unveiled plans to coordinate stockpiling, boost recycling efforts, and establish a new platform…
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Business
NSE Submits DRHP for $2-3 Billion IPO, Featuring Major Stakeholders Tiger Global and SBI
The National Stock Exchange (NSE) has officially resumed its long-awaited initial public offering (IPO) process, filing draft papers with the Securities and Exchange Board of India (Sebi) for an estimated…
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Business
US Federal Reserve Policy Meeting: Interest Rates Unchanged
US Federal Reserve Chairman Kevin Warsh announced on Wednesday that the Federal Open Market Committee (FOMC) will keep the key interest rate unchanged in the range of 3.5% to 3.75%.…
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Business
India-UK Free Trade Agreement Overcomes Steel Barrier; Majority of Indian Exports Protected from UK Restrictions
India has secured significant protections for its steel exports to the UK under the India-UK free trade agreement. An official statement revealed that 85% of India’s steel shipments will remain…
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Business
New Trade Agreement with UK to Commence on July 15
NEW DELHI: The India-UK free trade agreement (FTA) and the social security deal will take effect on July 15, following discussions between Prime Minister Narendra Modi and UK Prime Minister…
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Business
Crude Prices Decline as US-Iran Agreement Reopens Hormuz After Extended Closure
Oil prices fell sharply in early trading on Thursday following the signing of an interim agreement between the United States and Iran. This deal aims to end the Iran war,…
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