A new bill aims to strengthen oversight of foreign-funded organizations. It proposes a dedicated authority to manage assets of non-profits whose licenses are cancelled. This move seeks to prevent misuse of foreign funds and ensure accountability. The government asserts the…
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The Finance Bill has been passed by the Lok Sabha on Wednesday, marking a key step in implementing the Central Government’s Budgproposals for the fiscal year 2026-2027. Finance Minister Nirmala Sitharaman had moved the bill in the House on Monday.
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S&P Global Ratings has raised India’s FY27 growth forecast to 7.1%, citing strong consumption and exports, but warns of downside risks from the Gulf conflict. Elevated oil prices could strain fiscal positions and dampen domestic demand, potentially leading to a…
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Trade disruptions via the Strait of Hormuz are hitting more than just oil and gas. Key industries like automobiles, chemicals, metallurgy, and personal care products face supply chain strains. UBS reports highlight that the availability of essential raw materials, not…
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Indian air conditioner makers face production issues. A shortage of Liquefied Petroleum Gas is disrupting manufacturing. Companies are using alternative fuels at higher costs. This comes as demand rises for summer. Brands are increasing prices to cover expenses. Unseasonal rains…
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Gold and silver prices saw a significant rebound on Wednesday. This recovery was driven by a weaker US dollar and falling oil prices. Experts suggest that safe-haven demand for gold is returning. Near-term price movements will be influenced by the…
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