The Trump administration has revised its plan to impose port fees on China-built vessels, exempting those servicing the Great Lakes, Caribbean, and U.S. territories. This move aims to alleviate concerns about rising export prices and import costs. While fees on…
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Indian stock markets experienced a significant surge, with the Nifty and Sensex jumping by 1.8% and 2% respectively, marking their best week in over three years. This rally, fueled by renewed foreign investment and reduced bearish sentiment, erased year-to-date losses.…
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BluSmart, once celebrated as India’s first all-electric ride-hailing service, faces a crisis as promoters Anmol and Puneet Singh Jaggi are accused by SEBI of fund diversion from Gensol. This revelation has shaken investor confidence, leading to leadership exits and a…
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Samsung is poised to be the first to complete the smartphone PLI scheme’s five-year tenure, potentially securing over ₹1,000 crore in incentives by achieving its ₹25,000 crore production target. The company has initiated the claims filing process, having met targets…
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U.S. President Donald Trump indicated a possible easing of tariff tensions with China, suggesting he may not raise tariffs further to avoid discouraging consumer spending. While he previously imposed 10% tariffs and later increased rates on Chinese imports (totaling 145%),…
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Credifin, a Jalandhar-based NBFC, has secured USD 24.9 million through equity and debt to fuel its expansion in MSME mortgage loans and E-vehicle financing. The funding, comprising 6.7% equity and 93.3% debt, comes from existing and new lenders like Northern…
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