Economic outlook bright: Domestic demand to drive H2 FY26 growth; festive sales, government spending support economy

India’s economy is expected to sustain steady growth in the second half of the current financial year, supported by strong domestic consumption even as global uncertainties continue, according to a report by SBI Capital Markets (SBICAPS).The report said that while trade tensions and external risks persist, India’s internal demand remains a key stabilising factor. It…

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Donald Trump at ASEAN: US and Malaysia sign major trade agreement; more deals from Indo-Pacific partners in process

US President Donald Trump signed a trade agreement with Malaysian Prime Minister Anwar Ibrahim and took part in the signing of a historic peace deal between Cambodia and Thailand, called the “Kuala Lumpur Peace Accords”.Trump arrived in the country to attend the ongoing ASEAN Summit. On ASEAN Sidelines, Trump Praises India’s ENEMY NO. 1, Doubles…

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Market recap: Mcap of 7 most valued firms surges by Rs 1.55 lakh cr; Reliance, TCS lead gains

Dalal Street made notable gains last week, as the combined market capitalisation of seven of the country’s ten most valued companies surged by Rs 1,55,710.74 crore in a holiday-shortened trading week.The BSE Sensex advanced 259.69 points, or 0.30%, last week, with the benchmark hitting a 52-week high of 85,290.06 on Thursday.Reliance Industries and Tata Consultancy…

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PPF rules: Why Kerala High Court ordered a mother to return extra interest earned in children’s Public Provident Fund accounts – explained

PPF rules: Interest forfeiture applies exclusively to excess deposits made whilst the account holder was a minor. (AI image) Public Provident Fund or PPF is a popular savings scheme with the sovereign guarantee and decent rate of returns adding to its charm. But there is a cap to the annual investment in the scheme –…

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H-1B visa hirings: Local hires, temporary halts & more—How companies are taking alternative routes to avoid $100k fee

Several major US employers have paused or limited the sponsorship for H-1B visas after the Trump administration imposed a $100,000 fee for new applications. The fee, aimed at new applicants, does not affect current visa holders or renewals.The administration said that the reform is intended to attract highly skilled foreign workers while preventing misuse of…

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US Fed rate cuts: America might still see another rate cut in 2025; govt shutdown clouds economic outlook

The US may see another rate cut this year, even as uncertainty looms over the economy due to the ongoing US government shutdown.The Federal Reserve’s second-to-last rate meeting of 2025 takes place amid a standoff between Republicans and Democrats over healthcare subsidies, which has halted the publication of nearly all official economic data. Without these…

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Hunting e-waste: India pushes for recycling of critical minerals; dismantlers, crushers, and shredders to join chain

India is gearing up to transform its electronic waste into a major source of critical minerals, as the ministry of mines intensifies collaboration with private players to build large-scale recycling capacity across the country. The ministry is working closely with private industry to expand the country’s recycling capacity, aiming to fully process electronic waste and…

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