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India Approves Rs 25,000-Crore Plan To Aid Exporters Hit By US Tariffs
The government on Wednesday approved an Export Promotion Mission (EPM) with an outlay of Rs 25,060 crore for six financial years, beginning this fiscal year, a move which will help exporters deal with high tariffs imposed by the US.
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India's Air Passenger Traffic Reaches 202 Million In 1st Half Of This Fiscal
India's total air passenger traffic grew 2.6 per cent year-on-year to 202 million in H1FY26, up from 197 million a year earlier, a report said on Wednesday.
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How Will Americans Receive "$2,000 Tariff Dividend"? Team Trump Explains
The Donald Trump administration in the United States has addressed confusion surrounding the proposed $2,000 (approx. Rs 1,77,000) tariff dividend that the President announced in his recent social media post.
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Apple CEO Tim Cook Forecasts Holiday Quarter iPhone Sales That Top Wall Street Estimates
Apple CEO Tim Cook announced holiday quarter forecasts that beat Wall Street expectations, driven by strong demand for iPhone 17 models despite supply constraints and shipping delays to China. Although iPhone sales missed fiscal Q4 targets, Apple compensated with robust performance in other areas, including AI-powered AirPods that translate languag...
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Cabinet Approves Guidelines For 8th Pay Panel, Awaited by 50 Lakh Employees
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the guidelines for the 8th Central Pay Commission, which is expected to benefit 50 lakh central government employees and 69 lakh pensioners
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Satya Nadella Takes Home Nearly $100 Million As Microsoft Stock Climbs
Microsoft CEO Satya Nadella earned $96.5 million in fiscal 2025, up 22 per cent from $79.1 million last year.
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Nintendo Aims to Make 25 Million Switch 2 Units by March 2026 to Set Gaming History
Nintendo is likely to comfortably surpass analysts’ estimates for sales of 17.6 million devices in the fiscal year ending March, let alone its own much lower public forecast, the people said, asking not to be named discussing private plans. Nintendo can be expected to sell roughly 20 million units of the Switch 2 this fiscal year.
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Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
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US Supreme Court Lets Trump Withhold $4 Billion In Foreign Aid
he U.S. Supreme Court sided again on Friday with Donald Trump, allowing his administration to withhold about $4 billion in foreign aid authorized by Congress for the current fiscal year as the Republican president pursues his "America First" agenda.
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Fitch Raises India's Growth Forecast To 6.9% From 6.5% This Fiscal
Fitch Ratings has raised its forecast for India's economic growth for the current fiscal year to 6.9% from 6.5% earlier, citing stronger-than-expected momentum in the June quarter driven by robust services activity and resilient consumption.
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'Spurt In Consumption To Meet Fiscal Deficit Target Of 4.4%': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items
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Apple's India Sales Skyrocket To Record $9 Billion After Big Retail Push
Apple Inc.'s annual sales in India hit a record of nearly $9 billion in the last fiscal year, signalling growing consumer demand for its flagship devices as the company ramps up its retail footprint in the world's most populous country.
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GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
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"Economy To Sustain High Growth Momentum In Coming Quarters": Top Economist
Chief Economic Adviser (CEA) V Anantha Nageswaran on Saturday said the high growth momentum exhibited in the first quarter of the current fiscal is expected to continue in the coming quarter as well, with a downward bias emanating from high US tariff
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Trump Administration Proposes New Visa Restrictions For Students, Journalists
The Trump administration aims to tighten the duration of visas for students, cultural exchange visitors and members of the media, according to a proposed government regulation issued on Wednesday, part of a broader crackdown on legal immigration.
-
India Approves Rs 25,000-Crore Plan To Aid Exporters Hit By US Tariffs
The government on Wednesday approved an Export Promotion Mission (EPM) with an outlay of Rs 25,060 crore for six financial years, beginning this fiscal year, a move which will help exporters deal with high tariffs imposed by the US.
-
India's Air Passenger Traffic Reaches 202 Million In 1st Half Of This Fiscal
India's total air passenger traffic grew 2.6 per cent year-on-year to 202 million in H1FY26, up from 197 million a year earlier, a report said on Wednesday.
-
How Will Americans Receive "$2,000 Tariff Dividend"? Team Trump Explains
The Donald Trump administration in the United States has addressed confusion surrounding the proposed $2,000 (approx. Rs 1,77,000) tariff dividend that the President announced in his recent social media post.
-
Apple CEO Tim Cook Forecasts Holiday Quarter iPhone Sales That Top Wall Street Estimates
Apple CEO Tim Cook announced holiday quarter forecasts that beat Wall Street expectations, driven by strong demand for iPhone 17 models despite supply constraints and shipping delays to China. Although iPhone sales missed fiscal Q4 targets, Apple compensated with robust performance in other areas, including AI-powered AirPods that translate languag...
-
Cabinet Approves Guidelines For 8th Pay Panel, Awaited by 50 Lakh Employees
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the guidelines for the 8th Central Pay Commission, which is expected to benefit 50 lakh central government employees and 69 lakh pensioners
-
Satya Nadella Takes Home Nearly $100 Million As Microsoft Stock Climbs
Microsoft CEO Satya Nadella earned $96.5 million in fiscal 2025, up 22 per cent from $79.1 million last year.
-
Nintendo Aims to Make 25 Million Switch 2 Units by March 2026 to Set Gaming History
Nintendo is likely to comfortably surpass analysts’ estimates for sales of 17.6 million devices in the fiscal year ending March, let alone its own much lower public forecast, the people said, asking not to be named discussing private plans. Nintendo can be expected to sell roughly 20 million units of the Switch 2 this fiscal year.
-
Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
-
US Supreme Court Lets Trump Withhold $4 Billion In Foreign Aid
he U.S. Supreme Court sided again on Friday with Donald Trump, allowing his administration to withhold about $4 billion in foreign aid authorized by Congress for the current fiscal year as the Republican president pursues his "America First" agenda.
-
Fitch Raises India's Growth Forecast To 6.9% From 6.5% This Fiscal
Fitch Ratings has raised its forecast for India's economic growth for the current fiscal year to 6.9% from 6.5% earlier, citing stronger-than-expected momentum in the June quarter driven by robust services activity and resilient consumption.
-
'Spurt In Consumption To Meet Fiscal Deficit Target Of 4.4%': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items
-
Apple's India Sales Skyrocket To Record $9 Billion After Big Retail Push
Apple Inc.'s annual sales in India hit a record of nearly $9 billion in the last fiscal year, signalling growing consumer demand for its flagship devices as the company ramps up its retail footprint in the world's most populous country.
-
GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
-
"Economy To Sustain High Growth Momentum In Coming Quarters": Top Economist
Chief Economic Adviser (CEA) V Anantha Nageswaran on Saturday said the high growth momentum exhibited in the first quarter of the current fiscal is expected to continue in the coming quarter as well, with a downward bias emanating from high US tariff
-
Trump Administration Proposes New Visa Restrictions For Students, Journalists
The Trump administration aims to tighten the duration of visas for students, cultural exchange visitors and members of the media, according to a proposed government regulation issued on Wednesday, part of a broader crackdown on legal immigration.
