The CBIC has issued new guidelines for handling export cargo from SEZs affected by shipping route disruptions. Exporters can now cancel ‘Let Export Order’ or ‘Shipping Bill’ at the SEZ. Customs will allow cargo return or rerouting without bringing it…
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Indian stock markets surged Friday, with Sensex and Nifty climbing significantly on hopes of an Iran-US ceasefire and falling oil prices. Positive global cues and a strengthening rupee also boosted sentiment. Despite some IT and pharma stock dips, broader market…
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The Indian consumer durables sector is expected to remain under near-term pressure amid weak demand trends and rising input costs, even as select categories and structural drivers support a gradual recovery over the medium to long term, according to a…
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The Reserve Bank of India will conduct a Rs 2 lakh crore Variable Rate Reverse Repo auction next Friday. This move addresses the current surplus liquidity in the banking system. The auction aims to absorb excess funds. This proactive measure…
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Court flags failure to follow 2015 order mandating April 1 release of e filing utilities, directs remedial roadmap.
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India has capped refinery margins to cover losses on domestic fuel sales. This follows a windfall tax on fuel exports. The move aims to balance costs as international oil prices surge. Retail fuel rates have remained unchanged, impacting oil marketing…
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