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Budget 2026: COAI seeks cut in telecom licence fee; flags GST burden and ITC pile-up

File photo (Picture credit: ANI) India’s telecom industry body COAI has asked the government to reduce regulatory levies and ease Goods and Services Tax (GST) norms in the upcoming Union Budget, arguing that high statutory payments continue to strain the sector’s finances.The Cellular Operators Association of India (COAI), whose members include Reliance Jio, Bharti Airtel…

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Mutual fund SIP inflows surge to Rs 3.34 lakh cr in 2025; contributions peaked in December

NEW DELHI: Mutual fund investment through systematic investment plans (SIPs) has surged to an all-time high of Rs 3.34 lakh crore in 2025, driven by growing investor appetite for disciplined, long-term wealth creation.This came following investments of Rs 2.68 lakh crore through this route in 2024 and Rs 1.84 lakh crore in 2023, data from…

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Precious metals surge: Silver jumps Rs 6,000 to lifetime high; gold hits fresh record at Rs 1.45 lakh

Silver prices surged sharply in the national capital on Tuesday, rising by Rs 6,000 to touch a fresh lifetime high of Rs 2,71,000 per kilogram, while gold climbed to another record level of Rs 1,45,000 per 10 grams amid sustained buying interest.According to the All India Sarafa Association, silver extended its rally for the third…

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US sanctions Iran: Additional 25% tariffs to have minimal impact on India, say government sources – here’s why

AI image (Picture credit: Google Gemini) India is unlikely to face any major impact from the 25 per cent tariff announced by the US President Donald Trump on countries doing business with Iran, as per government sources cited by news agency ANI, who pointed to India’s limited trade exposure with Tehran.Newly announced US tariffs are…

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Russian oil trade: India slips to third-largest buyer in December; imports fall after refinery cuts

India fell to third place among buyers of Russian fossil fuels in December 2025 after sharp cuts in crude oil imports by Reliance Industries and state-owned refiners, a European think tank said on Tuesday.According to data from the Centre for Research on Energy and Clean Air (CREA), India’s total imports of Russian hydrocarbons stood at…

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Gig worker safety row: Blinkit drops ‘10-minute’ delivery claim after labour ministry flags concerns; Zepto, Swiggy may follow

Eternal-owned quick commerce platform Blinkit has removed its long-promoted “10-minute delivery” claim from all platforms, amid growing concerns over the safety and welfare of delivery workers.According to news agency PTI, the company has revised its tagline from “10,000+ products delivered in 10 minutes” to “30,000+ products delivered at your doorstep”, signalling a shift away from…

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Budget 2026: FACSI urges tax & credit relief for MSEs; here’s why

Union budget 2026 (ANI image) The Federation of Associations of Cottage and Small Industries (FACSI) has requested the central government to provide tax, credit and regulatory relief measures for micro and small enterprises (MSEs) in the 2026-27 Union Budget, aiming to sustain growth and strengthen their role in India’s industrial ecosystem.In a pre-budget letter to…

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Gold price today: How much 22K, 24K gold cost in Delhi, Mumbai & other cities – Check rates

Gold prices remained firm across major Indian cities on Tuesday, while silver surged to fresh record highs amid global uncertainty and safe-haven buying.The yellow metal eased slightly after scaling record highs. On the MCX, February gold slipped Rs 196 or 0.14%, to Rs 1,41,836 per 10 grams. In overseas markets, Comex gold fell 0.33% to…

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JP Morgan’s India expansion: Global banking giant signs mega office lease in Mumbai – rent runs in hundreds of crores!

Global financial services major JP Morgan has leased nearly 2.7 lakh sq ft of office space in Mumbai’s Powai. The deal involves rental payments of over Rs 612 crore over five years, making it one of India’s largest enterprise flexible workspace leases.The office space has been leased by JP Morgan at One Downtown Central, formerly…

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