Iran and Oman are nearing a deal for new shipping lanes through the Strait of Hormuz. Reopening the vital waterway depends on the United States meeting Iran’s demands. These conditions include compensation and an end to sanctions and military threats.…
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Molbio Diagnostics raises ₹281.5 crore from anchor investors ahead of its IPO, with proceeds to fund infrastructure upgrades and new equipment for manufacturing facilities.
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Asia-Pacific economies, including India, face rising prices and weather shocks. El Nino’s impact will arrive mainly through weaker rainfall and climate disruption. Reduced agricultural output and higher food inflation are key transmission channels. Proactive policies and buffer stocks will limit…
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India’s economy is poised to handle a reduction in Russian oil imports without facing significant disruptions. The current price discount on Russian crude is considerably lower than it has been, and the real threat comes from rising global oil prices…
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Consumers will not incur any fees for Unified Payments Interface (UPI) transactions, while future merchant discount rates will apply selectively—these fees will notably be much lower than those for card transactions. The government is focused on ensuring the long-term sustainability…
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India has amended foreign direct investment regulations to boost e-commerce trade. These changes will help small businesses, artisans, farmers, and fishermen access wider markets. BRICS ministers discussed enhancing trade, investment, and industrial cooperation among member nations. Discussions also focused on…
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