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The government has reduced duty benefits available to exporters under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme by 50 per cent with immediate effect, prompting industry bodies to urge a review of the decision, PTI reported.The Directorate General of Foreign Trade (DGFT) said the applicable RoDTEP rates will now be capped…
Cryptocurrency Bitcoin slid on Monday, extending losses amid broader market unease and a pullback from risk-heavy assets.The world’s largest cryptocurrency fell around 2 per cent in volatile trading, at one point tumbling as much as 5 per cent to dip below US$65,000 before trimming part of the decline. The move pressured crypto-linked equities, with Coinbase…
The labour ministry has initiated a process to return unclaimed funds lying in inoperative Employees’ Provident Fund Organisation (EPFO) accounts to subscribers, a move expected to benefit over 3.1 million account holders, labour minister Mansukh Mandaviya said.A pilot phase covering about 0.7 million subscribers will be rolled out shortly after the decision was taken during…
Equity benchmark indices ended higher on Monday as investor sentiment strengthened following the US Supreme Court’s decision striking down sweeping tariffs imposed by President Donald Trump, with domestic sectors leading the rally.The NSE Nifty rose 141.75 points, or 0.55 per cent, to close at 25,713 after touching an intraday high of 25,771.45, up 200.2 points…
NEW DELHI: Prime Minister Narendra Modi will inaugurate the Noida international airport at Jewar next month, Uttar Pradesh chief minister Yogi Adityanath said during an interaction with the Indian diaspora in Singapore.Highlighting the state’s aviation infrastructure, Yogi said Uttar Pradesh currently has the highest number of airports in the country and that the upcoming airport…
Finance minister Nirmala Sitharaman on Monday issued a warning to banks against mis-selling financial products, stressing that such practices now constitute an offence under the Bharatiya Nyaya Sanhita (BNS) and must stop as regulators tighten oversight.Addressing reporters after her customary post-Budget interaction with the RBI Central Board, Sitharaman said banks should return their focus to…
China has called on America to roll back the tariffs imposed by US President Donald Trump, following the landmark decision by the US Supreme Court. Last week, the court had ruled six to three that Trump lacked the authority under a 1977 law to levy sudden tariffs on individual countries, a move that had disrupted…
Gold rate today: Gold prices moved higher on Monday tracking firm trends in the domestic futures market as fresh buying and supportive global cues lifted bullion sentiment. The rise comes amid continued investor interest in safe-haven assets and steady international price support.On the Multi Commodity Exchange (MCX), gold futures for the April 2026 contract were…
There is an almost tenfold jump in ultra-luxury home sales within two years. (AI image) Gurugram has overtaken Mumbai in the total sales value of luxury homes above the Rs 10 crore category, according to a report by Sotheby’s International Realty in collaboration with CRE Matrix. The Gurguram market has become the country’s fastest growing…
After US President Donald Trump’s global tariffs were invalidated by the American Supreme Court, the European Commission has urged the country to stick to last year’s EU-US trade agreement. Last week following the US Supreme Court’s ruling that deemed his global tariffs illegal, Trump quickly raised them from 10% to 15%.In response to the move,…
