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India should recast its growth strategy to cope with unanticipated economic shocks and cover India’s strategic vulnerabilities. (AI image) Led by a growing domestic demand and a favourable demographic dividend, the Indian economy and its growth story have been called fundamentally strong by economists. But short-term global economic shocks, like the ongoing Middle East conflict,…
Indian equity markets are set for an event-heavy week ahead, with investors closely tracking the onset of the December quarter earnings season, key domestic and global inflation data, and developments on the global macro and geopolitical front, analysts said, PTI reported.Quarterly results from several heavyweight companies across information technology, banking, financial services and energy sectors,…
Oil markets are experiencing sharp volatility as traders try to interpret conflicting signals about the impact of the escalating United States-Israel war with Iran on global energy supplies, with the turbulence already rippling through the aviation industry.Airlines across Asia and the Pacific are raising ticket prices and introducing or increasing fuel surcharges as jet fuel…
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The Union Cabinet on Wednesday approved a relief package for debt-laden Vodafone Idea, freezing adjusted gross revenue (AGR) dues of Rs 87,695 crore and rescheduling their repayment over a 10-year period from FY32 to FY41, sources told PTI.As part of the decision, the Department of Telecommunications will reassess the frozen AGR dues based on Deduction…
Brazil’s new finance minister, Dario Durigan, is expected to delay a public consultation on applying a tax on financial operations, locally known as Imposto sobre Operações Financeiras (IOF) to some cryptocurrency transactions, Reuters reported, citing sources familiar with the matter. Durigan took office on March 20 after Fernando Haddad stepped down to run for governor…
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New Delhi: The Centre has not notified the central list of OBCs for the last seven years since it granted constitutional status to the National Commission for Backward Classes, which mandated that the list of backwards will in the future be approved by Parliament as against the present practice of publishing it through an executive…
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