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$174 billion on the brink: India's textile industry reels under West Asia war shock, braces for 'huge crisis' in April

India’s massive textile sector is grappling with a severe crisis. The ongoing West Asia conflict is driving up oil and raw material costs. Demand is falling, and worker migration adds to the challenges. This disruption threatens the industry’s growth targets.…

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Rupee breaches 95, bond yields cross 7% as India markets enter 'Regime Shift': UBI

India’s financial markets are undergoing a significant shift in trading dynamics amid escalating global war-related risks, with the rupee breaching key levels and bond yields hardening, according to a report by Union Bank of India (UBI).

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Oracle layoffs 2026: US IT firm sent brutal 6 am emails, 12k jobs in India hit; another round likely soon

Tech giant Oracle has initiated mass layoffs, notifying thousands of employees globally via early morning emails. The company reportedly fired around 30,000 employees worldwide, with a significant impact on its Indian workforce, potentially affecting up to 12,000 jobs. This move…

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Bulls back on D-Street! Sensex soars over 1,800 pts, Nifty above 22,850: 5 factors behind Rs 13 lakh crore gains

Indian stock markets experienced a significant surge on Wednesday. The Sensex and Nifty saw gains exceeding 2.5 percent. Investor sentiment improved due to hopes for an earlier resolution to the Iran-US-Israel conflict. Global markets also rallied, and domestic valuations offered…

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RBI's net short position rises to $77 billion in Feb as it defends rupee

The forward position for the month of March is likely to breach $100 billion, according to Bloomberg.

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Sebi bars Elitecon and promoter for alleged price manipulation

In an interim ex-parte order, the regulator has directed Sharma and four other individuals to return ₹51 crore of illegal gains.

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News

  • West Asia war poses no recession risk for India, but economic slowdown is on the cards: Madan Sabnavis

    Bank of Baroda chief economist Madan Sabnavis states a recession (negative GDP growth for two quarters) is unlikely. Even in a worst-case scenario, GDP growth may slow to around 7% from 7.2-7.25% currently projected.

  • ₹13 crore digital arrest scam: Ex-Delhi judge says awareness is your strongest defence— 6 ways to protect yourself

    Growing digital arrest scams use fake police and court threats to coerce citizens into transferring large sums, highlighting the urgent need for awareness, verification, and strong cyber fraud protection.

  • Income tax portal revamp: 7 key links every taxpayer must check now

    Income tax portal revamp introduces new forms, integrated payment module and essential quick links, helping taxpayers in the nation navigate tax frameworks, ensure compliance and simplify filing for assessment year 2026-27.

  • PAN card application rules changed from 1 April: List of documents you must submit now

    The government introduced new PAN application rules from 1 April, mandating additional documentation and updated forms. Here's everything you need to know.

  • Did you know EPF once offered 12%? A look back at historical returns as govt clarifies on interest rate hike demand

    Historical EPF interest rates in India highlight periods of high 12% returns and current 8-8.5% levels, helping subscribers evaluate fund performance and make informed retirement investment decisions.

  • Big change in gratuity rules: Eligibility cut to 1 year of service from 5 years — but there’s a catch

    The new labour codes allow gratuity eligibility after one year of service, down from five. Effective from 21 November 2025, this applies only to a certain category of employees. Details here.

  • Market shifts: Where smart money is flowing in volatile markets now.

    While experts give guidance on investments, we look at investment instruments attracting inflows.

  • Filing Income Tax gets easier as CBDT rolls out AI-assisted website: Kar Saathi — What you need to know

    The Income Tax Department has launched the user-friendly website 'Kar Saathi' to centralise Direct Tax information. It features an AI chatbot for 24/7 taxpayer support. 

  • UPI hits record high in March 2026: 5 tips to stay protected during digital transactions

    UPI transactions hit a record high in March 2026, underscoring the rapid growth of digital payments. This reinforces the importance of following security tips to protect money and ensure safe, seamless financial transactions nationwide.

  • Stock market turbulence: Why US-Iran war is a wake-up call for diversification, asset allocation

    Market turbulence of this nature is not just about losses; it’s a wake-up call. Investors who once ignored diversification are now actively searching for assets that can withstand such uncertainty. But the reality is more nuanced.

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