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Business
Government Approves Rs 10,000 Crore SME Fund and Establishes New Transport Authority
The Union Cabinet, led by Prime Minister Narendra Modi, approved several key initiatives on Tuesday, including a substantial Rs 10,000 crore fund to support small and medium enterprises (SMEs) and…
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Business
Industry Leaders Warn of Shrinking Global Oil Buffers Amid Rising Supply Risks
The global oil market is facing significant challenges as it heads into winter, with industry leaders reporting a drastic reduction in available commercial stockpiles. Over 1 billion barrels have been…
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Business
FMCG Sector Q2: Profit Margins Facing Pressure
MUMBAI: Fast-moving consumer goods (FMCG) companies are facing increased commodity cost inflation as crude oil prices rebound sharply. The impact of weak monsoons is also beginning to affect consumption patterns,…
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Business
Streamlined GST Refunds Process: Majority of Refunds Expected to be Processed in 17 Days
NEW DELHI: The GST Council is set to meet on Thursday to propose a reduction in the refund processing period to approximately 17 days. This new timeline includes a maximum…
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Business
Brent Oil Surpasses $101 Amid Saudi Attacks and US Storm Heightening Supply Concerns
Oil prices surged on Wednesday, with Brent crude surpassing the $101-per-barrel mark. The increase of over 1% was driven by fresh supply concerns that overshadowed optimism from rising crude supplies…
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Business
Amazon Prime Secures Permanent Hosting for Emmy Awards as ‘Wheel Deal’ System Concludes
The Emmys will transition from traditional broadcast television to streaming, with Amazon’s Prime Video set to become the exclusive global streaming home starting in 2027. This six-year agreement, announced by…
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Business
Employee Chooses Voluntary Retirement Scheme Following Plant Closure, Receives Rs 65.21 Lakh Reported as Advance Salary
A man who retired under a voluntary retirement scheme (VRS) has won a tax dispute with the Income Tax Department regarding the characterization of his severance payment. The Pune Income…
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Business
Why Choose a Contract for Difference Broker With High Leverage?
Contract for difference (CFD) brokers with high leverage give traders more flexibility when accessing global financial markets. CFDs allow traders to speculate on price movements without directly owning the underlying…
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Business
Upcoming GST Council Meeting on October 7: Key Proposals on Arrest Powers, ITC, and Prosecution Threshold
The GST Council is set to review a series of reforms aimed at overhauling GST processes and enforcement during its meeting on October 7. Key proposals include removing tax officers’…
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Business
GST 2.0 Rollout: Streamlined Registration and Simplified Refunds for Companies
NEW DELHI: The GST Council is preparing to introduce a comprehensive set of reforms aimed at streamlining processes related to the Goods and Services Tax (GST). Key changes include faster…
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Business
Oil Prices Dip as G7 and Middle East Crude Supplies Prepare to Enter Market
Oil prices experienced a slight decline on Monday, driven by an increase in global energy supplies. Additional crude shipments from the Middle East and the Group of Seven’s (G7) decision…
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Business
Japan’s Nikkei Surges 2.5% to Three-Month High, Driven by AI Stock Rally
Japan’s Nikkei index surged over 2% on Monday, reaching 70,037.61, its highest level in three months. The broader Topix index also saw gains, climbing 1.16% to 4,138.57. The rally was…
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Business
Canada Eager to Finalize Trade Agreement with India as Fifth CEPA Round Commences: Key Agenda Items
India and Canada are set to resume negotiations for the Comprehensive Economic Partnership Agreement (CEPA) in Ottawa from October 5 to 9. This marks the fifth round of talks aimed…
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Business
Rupee Stabilizes Around 96 Amid Sustained Oil Prices Above $100 and Ongoing Foreign Selling
Rupee opened the week under pressure, trading at 96.20 against the US dollar. It weakened further to 96.26, marking a decline of one paisa from its previous close. High crude…
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Business
India-US Trade Discussions Reach Stalemate as Sitharaman Highlights Challenges Ahead
India and the United States have reached a “plateau” in their bilateral trade agreement negotiations, according to Finance Minister Nirmala Sitharaman. Speaking at the Munich Leaders Meeting in New Delhi,…
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