Indian equity benchmarks opened lower on Tuesday weighed by elevated crude prices with selling in IT and auto shares amid concerns over a possible US Federal Reserve rate hike this month.
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The CBIC has introduced a new checklist for customs officers reviewing imports. This standardized process aims to streamline clearances for drugs and medical devices. Businesses must upload all required documentation onto the e-SANCHIT portal. Industry experts welcome the shift towards…
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Jio’s constellation is likely to offer a capacity of 100-150 gigabits per second (Gbps) throughput per satellite. When deployment is complete, 30-32 satellites will be in orbit over India and offer a capacity of 4-4.8 terabits per second (Tbps), the…
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Indians can use cryptocurrencies to buy goods and services domestically through overseas fintech platforms that convert stablecoins and other virtual digital assets into vouchers and gift cards. The mechanism, involving foreign platforms and Indian voucher partners, has drawn regulatory attention…
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Updated income tax returns have increased significantly over four years. New tax regime adoption shows strong uptake among taxpayers filing returns. Karnataka ranks second in direct tax collections, contributing substantially to national revenue. Technology-driven systems enhance transparency and encourage voluntary…
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The level is being watched closely by global investors because a further rise in US yields could increase the relative attractiveness of dollar assets and raise the global cost of capital.
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