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Argentina to ease pharma barriers as India trade tops $6.5 bn

Argentina has committed to reduce barriers to facilitate entry of Indian pharmaceutical sector in the South American nation, the commerce ministry said on Saturday. This…

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In 2020 American households earning over $500,000 a year claimed more than half the cash that government spent on income-tax breaks for charitable giving. (Unsplash)
Posted in Business

Tax breaks for charity donations should be scrapped

Over more than 20 years Sheldon Solow, an American property billionaire who died in 2020, gave a trove of art to his own foundation. This…

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China’s crude reserves have given it huge power over the global oil market—and a critical new defense against the West. (Unsplash)
Posted in Business

How Xi Jinping turned oil from a weakness into a geopolitical weapon

Before the U.S. attacked Iran, Beijing spent years and tens of billions of dollars amassing the world’s biggest stockpile of oil. Now, with the conflict…

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Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plans

The Finance Ministry has directed central ministries and departments to prepare realistic expenditure and revenue estimates for the 2027-28 Union Budget, with a focus on…

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India wants global factories, but its own quality checks may be putting investors off: GTRI

Japanese companies’ growing concerns over India’s mandatory Bureau of Indian Standards (BIS) certification regime underline the need for a broader overhaul of the country’s Quality…

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Subhash Chandra said he had only provided personal guarantees for loans taken by companies associated with the Essel Group, not personally borrowing money. (HT Photo)
Posted in Business

Subhash Chandra case: Why banks lose money in personal guarantor claims

The insolvency court’s approval of Zee Group founder and chairman emeritus Subhash Chandra’s ₹6.5 crore repayment plan has raised questions about how much banks can…

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Posted in Economy

FDI Clarifications in Works to Help Investors from Land Border Nations

New Delhi: India is working on a set of clarifications to its foreign direct investment (FDI) policy aimed at providing greater clarity on rules governing…

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At $729 billion, forex kitty hits a record
Posted in Economy

At $729 billion, forex kitty hits a record

umbai: India’s foreign exchange reserves touched a record high of $729.3 billion as of August 21, after banks stepped up the drive to mobilise NRI…

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Maharashtra sugarcane farmers seek higher prices after sugar rally
Posted in Economy

Maharashtra sugarcane farmers seek higher prices after sugar rally

Pune: Sugarcane farmers in Maharashtra have started agitating for a higher price for cane crushed during the 2025-26 season after sugar prices rose more than…

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India, Canada ready to fast-track bilateral investment treaty talks

New Delhi: India has expressed its readiness to initiate negotiations on a Bilateral Investment Treaty with Canada at the earliest, and the two countries have…

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