Starting June 1, India will roll out duty concessions for Omani products, enhancing the trade relationship established by last year’s Comprehensive Economic Partnership Agreement. Importers will need to verify the Omani origin of their goods to enjoy these exemptions, fostering…
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The rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings calls. Investors are increasingly questioning companies about hedging and forex risk management. While exporters benefit from higher overseas…
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Foreign portfolio investors continued their exit from Indian equities in May, withdrawing Rs 32,963 crore due to concerns over earnings growth and a weakening rupee. This outflow has pushed cumulative FPI withdrawals in 2026 to Rs 2.25 lakh crore, surpassing…
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New-age fintech lenders like Fibe, Navi, and Kreditbee have achieved profitable growth in FY26, demonstrating business maturity despite economic headwinds. This strong financial performance positions them well for planned public listings, with Kreditbee reporting the highest net profit.
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Oil prices surged over 2% as Israel ordered troop deployments into southern Lebanon, escalating tensions with Hezbollah. This renewed fighting raises concerns for a US-Iran ceasefire extension and regional stability, impacting global energy supply outlooks. Mines in the Strait of…
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Indian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopters are seeing success, many companies still face hurdles in infrastructure and governance. AI is now integral to core operations, not…
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