Business
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Hopes running high of tax cut as Sitharaman presents record 8th budget
New Delhi: A cut or tweak in income tax rates/slabs to ease the burden of middle class struggling with high prices and stagnant wage growth is widely expected in Finance Minister Nirmala…
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Centre expands Aadhaar authentication to boost good governance, ease of living
New Delhi: In a bid to help improve transparency and inclusivity in the decision-making process, the Centre on Friday expanded Aadhaar authentication to government and private entities for providing various services in…
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Economic Survey likely to project 6.3-6.8 pc GDP growth in FY’26
New Delhi: The Economic Survey is likely to project a 6.3-6.8 per cent GDP growth for the next fiscal year, sources said. The Survey 2024-25, authored by Chief Economic Advisor V Anantha…
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De-dollarisation: President Trump threatens BRICS with 100 pc tariffs
New Delhi: Expressing his stance against de-dollarisation vehemently on Friday, Donald Trump warned BRICS nations and threatened them with 100 percent tariffs on their exports if they try to replace the US…
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Stock market opens higher ahead of Eco Survey, Union Budget
Mumbai: As the nation gears up for the Economic Survey and the Union Budget 2025-26, the domestic benchmark indices on Friday opened higher. Optimism was seen in the air as investors looked…
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Budget session of Parliament kicks off tomorrow
New Delhi: The Budget Session of Parliament will begin on Friday (January 31) with Finance Minister Nirmala Sitharaman scheduled to table the Economic Survey after President Droupadi Murmu addresses the joint session…
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Indian automotive sector may see 70 pc workforce expansion in H2 FY25
Bengaluru: The Indian automotive sector, which contributes approximately 7 per cent to the country’s GDP, is likely to see 70 percent workforce expansion in the second half of FY25, a report showed…
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L&T’s Q3 profit dips despite 53 pc surge in orders
Mumbai: Larsen & Toubro (L&T) reported over 1 per cent decline in net profit for the third quarter (Q3) of the financial year 2024-25 at Rs 3,358.84 crore, excluding non-controlling interests, from…
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1 in every 2 cars to be a battery electric vehicle by 2035: Report
New Delhi: One out of every two cars sold globally is projected to be a battery electric vehicle (BEV) by 2035, a report said on Wednesday. Their sales are predicted to make…
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Honda aims to capture 40 pc of global bike market
New Delhi: Honda Motor Company has announced that for the current fiscal year ending March 31, its global motorcycle unit sales are expected to reach 20.2 million units, which is approximately a…
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Indian stock market opens higher, Nifty above 23,000
Mumbai: The domestic benchmark indices opened higher on Wednesday for second day in a row, as investors are now looking forward to positive cues in the upcoming Union Budget 2025-26. As of…
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Committee formed to study supply of sand for Indiramma Illu in Telangana
Hyderabad: Chief minister A Revanth Reddy ordered a study on the supply of sand to the Indiramma houses being constructed across the state. A four-member committee comprising state special chief secretary to…
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UPI’s share in India’s digital payments surged to 83 pc: RBI report
Mumbai: The share of the Unified Payments Interface (UPI) in India’s digital payments has surged from 34 percent in 2019 to an impressive 83 percent in 2024, with a remarkable CAGR (cumulative…
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US embassy cancels visa appointments in Colombia amid deportation dispute
Bogota: Visa appointments at the US Embassy in Colombia were cancelled Monday following a dispute over deportation flights from the US that nearly turned into a costly trade war between the two…
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Mumbai police arrest Torres CEO in multi-crore investment fraud case
Mumbai: The Economic Offences Wing (EOW) of Mumbai Police, which is investigating the multi-crore Torres investment fraud, has arrested the company’s Chief Executive Officer (CEO) Tausif Riyaz from Lonavala, officials said. Riyaz,…
