PM Modi’s visit to Namibia: Focus likely on diamonds, critical minerals; uranium talks also on agenda

File photo: PM Modi (Picture credit: PTI) Prime Minister Narendra Modi’s upcoming visit to Namibia on July 9, as part of his five-nation tour, is expected to boost strategic ties with the resource-rich African nation. It is likely to have a sharp focus on strengthening cooperation in the diamond trade, critical minerals and uranium supply,…

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Digital India: PM Modi hails 10 years of initiative; says it’s now a ‘people’s movement’

File photo: PM Modi (Picture credit: PTI) Prime Minister Narendra Modi on Tuesday marked ten years of the Digital India initiative with a detailed reflection on its transformative journey, calling it a movement that has empowered 140 crore Indians and elevated India to global digital leadership. In an article shared on LinkedIn, the PM wrote,…

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Markets watchful: Asian stocks tick higher; oil slips on OPEC+ output hike concerns

Representative image (Picture credit: AP) Asian equities edged up on Tuesday while oil prices continued their decline amid uncertainty over US tariffs and expectations of increased crude supply by OPEC+. Investors remained cautious ahead of a crucial US Senate vote on President Donald Trump’s massive tax-and-spending bill and upcoming labour market data.As per news agency…

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Protectionism among biz challenges: HUL chairman

Mumbai: Geopolitical uncertainties and rising protectionism are posing challenges for businesses globally, and companies will have to respond with speed and agility to protect their growth as they navigate these disruptions, said Nitin Paranjpe, non-executive chairman at Hindustan Unilever (HUL). “The impact that technology will have on us, the impact that climate change will have…

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Drug labelling norms under review: Expiry date readability flagged; govt panel to examine packaging reforms

India’s top drug regulator has set up a sub-committee to revamp labelling norms on medicinal products after receiving consumer complaints about illegible expiry dates and glossy packaging that hampers readability.The Drugs Consultative Committee (DCC), under the Central Drugs Standard Control Organisation (CDSCO), took up the issue earlier this month and recommended the formation of a…

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Buying farm land to legitimise undisclosed funds? New Tax tribunal ruling a big blow; here’s how these deals work

For years, influential individuals have employed this scheme of purchasing agricultural property at understated values through cash payments. (AI image) Tax authorities are now scrutinising the often used practice of using agricultural land transactions to conceal unaccounted money. A recent verdict from the Income Tax Appellate Tribunal (ITAT) could potentially disrupt this established practice. According…

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India is well-positioned to emerge as one of the new centres of gravity, says Anand Mahindra; calls for speed & private investment amid ‘Globalisation 2.0’

A rising tide of protectionism is reshaping global trade, but it is not the end of globalisation—rather its rebirth, said Mahindra Group Chairman Anand Mahindra in his address to shareholders in the company’s 2024–25 annual report. Mahindra believes this transition offers India a unique opportunity to emerge as a new centre of gravity in what…

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