Oil prices plummeted to their lowest in over a week following President Trump’s announcement of a ceasefire agreement between Iran and Israel, easing concerns about potential supply disruptions. Brent crude futures fell by 3.76% to $68.79 a barrel, while U.S.…
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President Trump announced a ceasefire between Israel and Iran, but its status remains uncertain amidst ongoing strikes. Iran stated it would halt attacks if Israel ceased aggression by a specific deadline, though missile launches continued.
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In a representation to the Centre, the Electric Power Transmission Association (EPTA) urged the government to adopt a more flexible approach to the planned withdrawal of the Inter-State Transmission System (ISTS) waiver.
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GAIL also said it has pushed back the completion scheme of its 1,702 km Mumbai-Nagpur-Jharsuguda pipeline project from June 30, 2025 to September 30, 2025.
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Reserve Bank of India has reduced the priority sector lending target for small finance banks. This move has boosted the share prices of listed entities. The relaxation provides greater operational flexibility. It allows banks to optimize capital allocation towards secured…
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Finance Minister Nirmala Sitharaman urged tax officers to prioritize taxpayer grievance resolution and timely refunds. She emphasized reducing litigation by accelerating the disposal of pending disputed tax demands. The minister directed simplifying tax compliance, ensuring transparency, and withdrawing departmental appeals…
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