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Business
Middle East Crisis Eases: What’s Next for Normalcy in the Strait of Hormuz?
The United States and Iran have reached a tentative agreement to end the ongoing conflict in the Middle East, which has disrupted global energy markets for over three months. The…
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Business
India and UK Collaborate to Address Trade Pact Implementation Challenges, Official Reports
India and the UK are actively addressing issues that have stalled the implementation of their free trade agreement, which was signed in July 2023. Commerce Secretary Rajesh Agrawal confirmed that…
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Business
Implications of Trump’s Potential Peace Deal with Iran and Strait of Hormuz Opening for Indian Companies
US President Donald Trump announced a potential peace deal with Iran and the reopening of the Strait of Hormuz, set to be signed on Friday in Geneva. This development could…
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Business
Sarvam Enters Unicorn Club with $234 Million Funding Round
BENGALURU: Indian AI startup Sarvam has secured $234 million in a funding round led by HCLTech and Bessemer Venture Partners, elevating its valuation to $1.5 billion and marking its entry…
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Business
RBI Implements Stricter Regulations to Prevent Mis-Selling by Lenders
MUMBAI: The Reserve Bank of India (RBI) has finalized its consumer protection framework, introducing stringent guidelines aimed at curbing mis-selling, deceptive digital practices, and unauthorized bundling. The new rules shift…
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Business
Oil Prices Remain Elevated Above Pre-War Levels Amid US-Iran Truce Prospects
Oil prices stabilized around the $80 per barrel mark on Tuesday, following weeks of volatility in energy markets due to escalating tensions in the Middle East. As of 7:15 am…
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Business
Understanding Income Tax Returns: Filing ITR Without Form 16
The income tax return (ITR) filing season for the financial year 2025-26 has commenced, prompting taxpayers to prepare necessary documentation. Before accessing the income tax portal, individuals should gather essential…
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International
China Arrests Leaders of Prominent Underground Church Amid Ongoing Religious Crackdown
An influential Protestant church in China has reported the detention of two of its leaders following a police raid during a Sunday service in Jiangyou. The Early Rain Covenant Church…
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International
Starbucks in South Korea to Close for Employee Training Following Public Outcry
Starbucks is set to close all its South Korean locations for half a day next week, allowing employees to participate in a history lesson. This decision follows significant backlash over…
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International
Japan Increases Interest Rates to Highest Level Since 1995, Signaling Economic Shift
Japan’s central bank has made a significant move by raising its main interest rate to 1%, marking the highest level in 31 years. This decision, announced on Tuesday, comes in…
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International
Understanding the Perception of Heat: Why Delhi’s Climate Feels More Intense Than Recorded Temperatures
For weeks, Delhi has been grappling with an intense heatwave, with temperatures frequently exceeding 40°C. On Tuesday, the Indian Meteorological Department (IMD) recorded a maximum temperature of 43.5°C. However, a…
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Business
India Increases Russian Oil Purchases as Crude Imports from Moscow Surge in May, According to Report
India imported Russian fossil fuels worth approximately 5.8 billion euros (USD 6.7 billion) in May, maintaining its position as the world’s second-largest buyer of these resources. The increase in imports…
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Business
China Launches World’s First Commercial Brain Chip, Surpassing Elon Musk’s ‘Jesus-Level Technology’
China has taken a significant lead in the brain-computer interface (BCI) sector by approving the world’s first commercially available brain chip, known as NEO. This coin-sized implant has successfully completed…
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Business
Bharat Innovates 2026: Celebrating India-France Partnership
Prime Minister Narendra Modi and French President Emmanuel Macron inaugurated the Bharat Innovates 2026 conclave in Nice on Sunday. This three-day event, running from June 14-16, aims to strengthen collaboration…
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Business
Amazon Intensifies Growth Strategy in India, Marking Its Most Aggressive Expansion Phase
Amazon is intensifying its investment strategy in India, committing to an additional $35 billion by 2030. This follows the $40 billion already invested in the country. The company describes this…
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