India’s IT hardware production-linked incentive scheme needs review. Rising graphics processing unit costs and the growth of artificial intelligence servers are key factors. A government official highlighted the need to adapt the scheme to capture domestic value addition in this…
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Finance Minister Nirmala Sitharaman has presented the Finance Bill, 2026, in the Lok Sabha. This bill enacts the government’s financial plans for the 2026-2027 fiscal year. Key proposals focus on growth, job creation, and inclusive development. The budget emphasizes infrastructure,…
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Gold and silver prices plummeted on the MCX, extending losses due to Middle East tensions and inflation concerns. Rising crude oil prices fueled expectations of higher global interest rates, impacting precious metal futures. Experts advise caution and gradual accumulation amid…
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Union Finance Minister Nirmala Sitharaman on Monday introduced the Corporate Laws (Amendment) Bill, 2026 in the Lok Sabha.
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The agency flagged that while some Asia-Pacific economies are cushioned by sizeable strategic reserves, India depends more on administrative measures to shield consumers, making it vulnerable to sustained spikes in global energy prices.
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The Indian rupee has reached a historic low against the US dollar. This decline is driven by escalating Middle East conflict and concerns over disrupted energy supplies. Asian currencies are also experiencing a downturn. The ongoing crisis has significantly boosted…
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