The CBI has taken over the investigation into a Rs 550 crore embezzlement case from Haryana government accounts. Funds were allegedly siphoned off through fraudulent banking operations and fictitious transactions. Shell entities and associated firms are under scrutiny. The Haryana…
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Markets are not signalling confidence in recovery; they are signalling uncertainty about it. Historically, post-conflict rallies tend to be sharp but short-lived, with nearly 30 to 40 per cent of initial gains retraced if macro clarity does not follow. So…
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India possesses strong economic buffers to manage the current global energy shock. High foreign exchange reserves, fiscal space, and low inflation provide support. The World Bank notes India’s resilience, expecting it to remain a strong performer among emerging markets. Domestic…
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The Indian rupee experienced a slight decline on Thursday. Higher oil prices, driven by concerns about the U.S.-Iran truce, impacted local stocks and bonds. Regional markets also faced pressure. Israel’s actions in Lebanon further jeopardized the Middle East ceasefire. Iranian…
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Indian stock markets fell on Thursday, ending a five-day rally. Hopes for an Iran-US ceasefire faded, impacting investor sentiment. Oil prices surged above $95 a barrel. Global markets also saw declines. Foreign investors continued selling Indian equities. The rupee weakened…
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A fragile US-Iran ceasefire faces deep ambiguities, with conflicting claims over Lebanon and the Strait of Hormuz undermining trust. Despite ongoing talks in Islamabad, the gap between the agreement and ground realities widens, leaving a contested truce on paper. Military…
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