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Business
India’s Railways Unveils Plans for 260 World-Class Vande Bharat Sleeper Rakes Following Successful Launch of Sleeper Version
Indian Railways has launched its first pair of Vande Bharat sleeper trains, connecting Guwahati and Howrah. This initiative aims to enhance overnight travel options in India, following the successful introduction…
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Business
Government Releases FAQs Addressing Opposition Concerns on 7.8% GDP Growth
NEW DELHI: The Indian government has issued a set of FAQs to clarify the methodology behind the recent GDP estimates, following opposition concerns regarding the reported 7.8% growth for the…
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Business
Uber Restructures for Growth, Announces Layoffs of 3,300 Employees
Uber Technologies is set to eliminate approximately 3,300 jobs, which accounts for around 10% of its global workforce. This decision is part of a significant restructuring aimed at streamlining management…
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Business
How Long a Serious Injury Recovery Actually Takes in the Denver Climate
The question comes up within days of almost any serious injury. How long until things are back to normal. The honest answer is that nobody can give a date early…
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Business
Gold Loans Shine as They Represent 13% of New Bank Credit Growth
MUMBAI: Gold loans have emerged as a significant driver of retail borrowing, constituting over a third of the incremental bank credit in the retail segment for the first four months…
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Business
Soota’s Happiest Minds Announces Merger with ITC Infotech
BENGALURU: ITC Infotech is set to acquire a 22.1% minority stake in Happiest Minds Technologies from promoter Ashok Soota and associated entities for Rs 1,330 crore. This acquisition will create…
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Business
Oil Prices Surge Above $90 Amid Ongoing Middle East Conflict and Strait of Hormuz Closure
Oil prices rose on Tuesday amid escalating tensions between the US and Iran, raising concerns over potential supply disruptions in the Middle East. Brent crude increased by 55 cents, or…
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Business
Maximize Your Section 54 LTCG Exemption on a New Home: Key Reporting Tips for Joint Property Owners
You can sell a jointly owned property and still qualify for long-term capital gains (LTCG) tax exemption, even if you financed the entire purchase. According to tax experts, if you…
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Business
How Fluctuating Sugar Prices Affect Consumers: The Case of Cheeni Kum and the Delay of Imported Sugar
Sugar prices in India have surged sharply, with the all-India average retail price reaching Rs 64.24 per kilogram, marking a nearly 30% increase from the previous month and a 38.63%…
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Business
Centre Expands Rs 35/kg Onion Sale to 19 Cities Amid Supply Concerns
The Centre has expanded its sale of onions at a subsidized rate of Rs 35 per kg to 19 cities, including Delhi, amid rising prices due to recent crop damage…
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Business
India’s GDP Expands by 7.8% in Q1: Key Factors Driving Economic Growth Amid Global Challenges
India’s economy has demonstrated robust resilience, achieving a 7.8% GDP growth for the April-June quarter of the financial year 2026-2027. This figure surpasses the Reserve Bank of India’s projection of…
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Business
India’s PMI Declines to 52.8 Amid Slowing Factory Growth, Reaches Five-Year Low
India’s manufacturing sector experienced a significant slowdown in August, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) dropping to 52.8 from 53.5 in July. This marks the weakest performance…
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Business
Oracle and Microsoft Restructure Workforce as India’s Tech Sector Faces Job Cuts
Layoffs continue to dominate the global tech sector, and India is no exception. Microsoft has placed around 500 employees on performance improvement plans (PIPs), while Oracle is set to cut…
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Business
UPI Experiences Surge: Digital Payments Reach Record 24.51 Billion Transactions in August
Unified Payments Interface (UPI) achieved a record 24.51 billion transactions in August, marking the first time monthly volumes surpassed 24 billion. The data, released by the National Payments Corporation of…
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Business
Transforming a Rs 25,000 Salary into a Rs 1 Crore Corpus: The Power of EPF Compounding at 8.25% Interest with 6% Annual Increments
Being a crorepati, or accumulating a corpus of over Rs 1 crore, is a common financial goal for many in India. The Employees’ Provident Fund (EPF) offers a viable path…
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