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$174 billion on the brink: India's textile industry reels under West Asia war shock, braces for 'huge crisis' in April

India’s massive textile sector is grappling with a severe crisis. The ongoing West Asia conflict is driving up oil and raw material costs. Demand is falling, and worker migration adds to the challenges. This disruption threatens the industry’s growth targets.…

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Rupee breaches 95, bond yields cross 7% as India markets enter 'Regime Shift': UBI

India’s financial markets are undergoing a significant shift in trading dynamics amid escalating global war-related risks, with the rupee breaching key levels and bond yields hardening, according to a report by Union Bank of India (UBI).

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Oracle layoffs 2026: US IT firm sent brutal 6 am emails, 12k jobs in India hit; another round likely soon

Tech giant Oracle has initiated mass layoffs, notifying thousands of employees globally via early morning emails. The company reportedly fired around 30,000 employees worldwide, with a significant impact on its Indian workforce, potentially affecting up to 12,000 jobs. This move…

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Bulls back on D-Street! Sensex soars over 1,800 pts, Nifty above 22,850: 5 factors behind Rs 13 lakh crore gains

Indian stock markets experienced a significant surge on Wednesday. The Sensex and Nifty saw gains exceeding 2.5 percent. Investor sentiment improved due to hopes for an earlier resolution to the Iran-US-Israel conflict. Global markets also rallied, and domestic valuations offered…

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RBI's net short position rises to $77 billion in Feb as it defends rupee

The forward position for the month of March is likely to breach $100 billion, according to Bloomberg.

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Sebi bars Elitecon and promoter for alleged price manipulation

In an interim ex-parte order, the regulator has directed Sharma and four other individuals to return ₹51 crore of illegal gains.

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  • ITR filing for AY 2026-27: Don't miss these crucial changes in Form 1

    The government has updated Income Tax Return forms for Financial Year 2025-26, effective 1 April 2026. Here are the key changes and how to avoid scrutiny after filing tax returns.

  • TDS exemption for senior citizens explained: Form 121 replaces Form 15H — key updates and mistakes to avoid

    Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the age of 60. Here's a detailed explanation of the changes and key mistakes to avoid while filing Form 121 in FY 2026-27.

  • Can your Swiggy food delivery and Instamart orders sponsor your next stay at a Marriott hotel?

    Marriott Bonvoy has partnered with Swiggy, enabling members to earn MB points on Swiggy transactions like ordering food delivery, groceries, and dining out. These activities help accumulate MB points a little more quickly for the next stay at a Marriott Bonvoy participating hotel.

  • TDS, TCS new rules: Forms 138 and 140 replace old Forms 24Q and 26Q — here's all you need to know

    The government has introduced new Forms 138 and 140 for TDS reporting, replacing the old Forms 24Q and 26Q. Here's all you need to know.

  • West Asia war poses no recession risk for India, but economic slowdown is on the cards: Madan Sabnavis

    Bank of Baroda chief economist Madan Sabnavis states a recession (negative GDP growth for two quarters) is unlikely. Even in a worst-case scenario, GDP growth may slow to around 7% from 7.2-7.25% currently projected.

  • ₹13 crore digital arrest scam: Ex-Delhi judge says awareness is your strongest defence— 6 ways to protect yourself

    Growing digital arrest scams use fake police and court threats to coerce citizens into transferring large sums, highlighting the urgent need for awareness, verification, and strong cyber fraud protection.

  • Income tax portal revamp: 7 key links every taxpayer must check now

    Income tax portal revamp introduces new forms, integrated payment module and essential quick links, helping taxpayers in the nation navigate tax frameworks, ensure compliance and simplify filing for assessment year 2026-27.

  • PAN card application rules changed from 1 April: List of documents you must submit now

    The government introduced new PAN application rules from 1 April, mandating additional documentation and updated forms. Here's everything you need to know.

  • Did you know EPF once offered 12%? A look back at historical returns as govt clarifies on interest rate hike demand

    Historical EPF interest rates in India highlight periods of high 12% returns and current 8-8.5% levels, helping subscribers evaluate fund performance and make informed retirement investment decisions.

  • Gratuity rules overhaul: Eligibility cut to 1 year of service from 5 years — Who is eligible?

    The new labour codes allow gratuity eligibility after one year of service, down from five. Effective from 21 November 2025, this applies only to a certain category of employees. Details here.

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