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India-Russia trade ties: MoS Pabitra Margherita to visit Moscow; talks and apparel fair on agenda

Minister of state for external affairs and textiles, Pabitra Margherita will travel to Moscow this week for meetings with Russia’s Ministry of Industry and Trade and leading entrepreneurs from the textile and apparel sector, the Textile Ministry said on Monday.The visit, scheduled from October 1 to 3, comes at a time when India is scouting…

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Diwali deals after GST 2.0: Are price cuts reaching your wallet? What you should check before buying items

Diwali shoppers may feel the excitement of GST 2.0, with headlines promising lower taxes on televisions, air-conditioners, cars, and other goods. At first glance, the new GST slabs — simplified to 5%, 18%, and 40% — appear to deliver a straightforward win for buyers. The government hopes the reform will reduce prices, simplify compliance, and…

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US market today: Wall street rebounds after 1 week of losses; tech and pharma stocks gain

US stocks opened higher on Monday, clawing back some losses from last week, with investors eyeing a key economic report and ongoing political uncertainty over a potential government shutdown. The S&P 500 rose 0.4% in early trading, the Dow Jones Industrial Average edged up 29 points (0.1%), and the Nasdaq composite gained 0.6%, all hovering…

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Sidbi earnings boost: Net profit jumps 19.5% to record Rs 4,811 crore in FY25; balance sheet crosses Rs 5.6 lakh crore

The Small Industries Development Bank of India (Sidbi) on Monday reported a 19.5% rise in its net profit, touching an all-time high of Rs 4,811 crore for FY25 against Rs 4,026 crore a year earlier.Sidbi said its balance sheet crossed Rs 5.6 lakh crore during the year, with total assets growing 8.7% to Rs 5,68,238…

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‘Unreasonable suppression’: China protests US export blacklist expansion; demands ‘immediate correction’

China issued a strong protest on Monday against the United States’ decision to broaden its export restriction catalogue, stating it would implement essential steps to protect Chinese companies’ rightful interests.The United States implemented stricter controls on Monday targeting firms in China and various nations that employ subsidiary operations to circumvent limitations on semiconductor manufacturing equipment…

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Silver rate today: Silver scales Rs 1.5 lakh/kg for first time; safe-haven and industrial demand push gains

Silver rate today: Silver prices surged by Rs 7,000 on Monday to touch a record Rs 1,50,000 per kilogram in the national capital, marking a fourth consecutive session of gains, driven by robust global demand and safe-haven buying, according to the All India Sarafa Association.The white metal had ended the previous session at Rs 1,43,000…

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