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Posted in Economy

Trump signs Russia-Iran sanctions law, opens door to 100% tariffs on India

Washington: President Donald Trump signed the Sanctioning Russia and Iran Act, which seeks to impose steep levies on Moscow and its top energy buyers such…

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Posted in Economy

Apparel exporters rush to close spring ’27 US orders

KOLKATA: Indian apparel exporters are racing to get US-bound orders out of the country as the House of Representatives passed a bill authorising American President…

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Posted in Economy

Draft note favours rupee payments for SEZ services provided domestically

New Delhi: The commerce and industry ministry has circulated a draft cabinet note to redefine services by removing the requirement for service exports from special…

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Rabi season preparations intensify amid monsoon deficit and El Nino concerns for winter crops

New Delhi: The agriculture ministry has stepped up preparations for the upcoming rabi season, working with states on crop planning, seed and fertiliser availability, and…

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Moody’s Raises FY27 Growth Outlook to 7% Despite War
Posted in Economy

Moody’s raises India’s FY27 economic growth forecast to 7% citing resilience, but warns of inflation risks

New Delhi: Moody’s Ratings Friday raised India’s FY27 economic growth forecast to 7% from 6% previously, citing the economy’s resilience to the ongoing conflict in…

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Direct Tax Collections Jump 13% to 12L cr
Posted in Economy

India’s net direct-tax collections rise 13% to Rs 12.10 lakh crore on strong advance-tax growth

New Delhi: India’s net direct-tax collections rose nearly 13% year-on-year to ₹12.10 lakh crore as of September 17, boosted by advance-tax payments, which grew 16.18%…

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Oman’s Sohar Port positions itself as Gulf gateway for Indian traders amid Hormuz tensions

New Delhi: Oman‘s Sohar Port is actively positioning itself as a gateway for Indian businesses, traders and investors to access the Gulf and the broader…

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Private financing critical for Viksit Bharat goal: Economic Affairs Secretary

New Delhi: Achieving India’s ‘Viksit Bharat‘ vision will require critical private sector investment, as public expenditure alone cannot bridge the massive financing gap, Economic Affairs…

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Gross direct tax collections surge 15% to  ₹14.32 lakh crore
Posted in Business

Gross direct tax collections surge 15% to ₹14.32 lakh crore

The gross direct tax collections in 2026-27 up to September 17 jumped over 15% on an annualised basis to around ₹14.32 lakh crore with net…

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New US sanctions bill on Russia puts Modi in a bind

Prime Minister Narendra Modi is caught in an energy policy bind with no easy exit. Cutting Russian oil imports to avoid potential new US tariffs…

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