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India to let mills export 1 mln metric tons of sugar permitted for this year, sources say

India will allow the export of 1 million metric tons of sugar for the current season, despite reduced output forecasts. The government has determined that domestic supply and stocks are sufficient to meet consumption and ethanol needs. Mills are expected…

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Maruti Suzuki board okays Rs 7,410 cr investment to set up 3rd plant at Kharkhoda in Haryana

Maruti Suzuki India’s board has greenlit a Rs 7,410 crore investment to establish a third plant at Kharkhoda, Haryana, with a 2.5 lakh vehicle annual capacity. This brings Kharkhoda’s total capacity to 7.5 lakh units by 2029, aimed at meeting…

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IndusInd Bank, stung by accounting lapses, raised $2 billion via market deposits in March

IndusInd Bank raised $2 billion in higher-cost bulk deposits in March to strengthen its funding base after accounting discrepancies led to concerns over its governance. The bank’s move to issue certificates of deposits at a higher rate aims to maintain…

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Larsen & Toubro bags order worth around Rs 15,000 cr from QatarEnergy LNG

Larsen & Toubro has secured its largest contract from QatarEnergy LNG for an offshore hydrocarbon project. The ultra-mega order involves engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, with extensive facilities. This development positions L&T to contribute…

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Samsung weighs legal options on Rs 5,100 crore customs demand

An official ET spoke with said the demand notice wasn’t fresh, but a follow up of one sent in January 2023, as the company had failed to give a “satisfactory” reply to the earlier show cause notice.

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India’s worst economic slowdown over, but market volatility may persist: Goldman Sachs

Goldman Sachs reports that India’s economic slowdown may have passed its worst phase, with economic growth and earnings expected to improve. However, the firm anticipates ongoing market volatility due to domestic investment in smaller stocks and global uncertainties, particularly from…

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  • Heavy rains damaged your car? Here's what motor insurance covers and what it doesn't

    Heavy rains can damage your car, but not every repair is covered by insurance. Here's what comprehensive policies pay for, common claim exclusions, and mistakes that could lead to claim rejection.

  • Renewing your car insurance this monsoon? Experts explain which add-ons are actually worth paying for

    A comprehensive car insurance policy may not cover every monsoon-related expense. Experts explain which add-ons are worth buying to reduce repair costs and improve financial protection. 

  • West Bengal govt to release 50% of estimated Dearness Relief arrears for pensioners in Kolkata — All you need to know

    The West Bengal government will release 50% of estimated Dearness Relief (DR) arrears to pensioners in the Kolkata municipal area in an interim measure that aims to provide immediate relief for state govt retirees. 

  • Is ₹80 lakh enough to retire? 31-year-old woman wants to quit govt job for 'peace'

    The woman said she has been employed at a PSU for the past seven years and is in a comfortable financial position. According to her post, she has no outstanding debt, follows a modest lifestyle and has accumulated significant savings over time.

  • US-Iran war: Defence funds surge, IT lags; experts share what mutual fund investors should do

    Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investments during periods of market volatility.

  • Already have 3-5 SIPs running? Expert shares a checklist before you add another fund

    Investors who already have 3 to 5 SIPs running should review their existing portfolio before adding another fund. The expert recommends focusing on 5 key areas: goal alignment, portfolio overlap, risk balance, contribution sizing, and regular portfolio reviews.

  • ITR-2 filing for AY 2026-27: Step-by-step guide to file income tax returns correctly before 31 July deadline

    ITR-2 filing for AY 2026-27 requires careful reporting of capital gains, multiple properties, foreign assets and other income. Learn who must file ITR-2, key online filing steps, deadline and practical tips to submit accurate tax returns before 31 July 2026.

  • Top 5 dividend yield funds based on 5-year returns: ICICI Prudential Dividend Yield Fund leads with 19.95% returns

    Based on 5-year CAGR performance, ICICI Prudential Dividend Yield Equity Fund has emerged as the top-performing scheme in the category, delivering 19.95% returns. LIC MF Dividend Yield Fund and HDFC Dividend Yield Fund follow. 

  • EPFO's 2026 overhaul: key takeaways from the latest EPF, EPS, EDLI schemes

    The new EPF Scheme, 2026 does not make higher PF contributions optional. Here's what remains unchanged, what has changed, and what it means for employees and employers.

  • Section 54 relief: ITAT allows tax exemption on 23 flats, wipes out ₹8 crore demand

    A Bengaluru ITAT ruling allowed a landowner to claim capital gains exemption on 23 flats received under a redevelopment deal. The relief, however, applies to older joint development agreements executed before key tax law changes.

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