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Business
Indian Funds in Swiss Banks Decrease by 8% to Rs 36,793 Crore in 2025, While Customer Deposits Surge by 50%
Funds linked to Indian clients in Swiss banks fell by over 8% in 2025, totaling 3.25 billion Swiss francs (approximately Rs 36,793 crore), according to data released by the Swiss…
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Business
PM-Kisan to Disburse 23rd Instalment on June 20: Rs 18,880 Crore Allocated for 9.44 Crore Farmers
Prime Minister Narendra Modi will release the 23rd instalment of the PM-Kisan scheme on June 20, transferring Rs 18,880 crore directly into the bank accounts of over 9.44 crore farmers…
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Business
Accenture Stock Drops Over 14% Amid Iran Conflict, Triggering IT Sector Selloff
Accenture’s shares plummeted over 14% on Thursday after the IT consulting firm reported significant impacts from the ongoing conflict in Iran. The company lowered its annual growth outlook and projected…
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Business
Net Direct Tax Collections Increase by Nearly 15% Overview
Net direct tax collections in India surged by 14.64% to over Rs 5.21 lakh crore as of June 17 in the current financial year. This increase is attributed to strong…
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Business
White House Finalizes Regulations Impacting Flexibility for International Students’ Stay and Studies
The Office of Management and Budget (OMB) has approved a final regulation from the Department of Homeland Security (DHS) that will significantly alter the visa status for international students and…
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Business
G Kishan Reddy Highlights Coal Gasification’s Role in Reducing Import Dependence and Enhancing Energy Security
India can significantly reduce its reliance on imports and enhance long-term energy security by accelerating coal gasification projects, according to Union Coal and Mines Minister G Kishan Reddy. Speaking at…
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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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