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AI boom drives global VC funding to record $300bn

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Global venture funding surged to a record $300 billion in Q1, largely propelled by AI deals, with four companies securing a significant portion. While early-stage funding shows growth, India's market lags in late-stage recovery, with capital remaining constrained and selective, particularly for AI ventures. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xLShQYq >
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War in Gulf, layoffs hit discretionary spends

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Consumers are cutting back on discretionary spending, prioritizing essentials and value purchases due to war-driven uncertainty and layoffs. This shift is leading to slower sales for non-essential items, with companies focusing on value packs and smaller formats to maintain accessibility amidst rising costs and a cautious job market. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/HYsci4y >
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'If we catch them... ': Trump threatens China with 50% tariff if it helps Iran militarily as talks in Pak fail

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President Trump has issued a stern warning to China, threatening a "staggering" 50% tariff if Beijing aids Iran militarily. He expressed confidence Iran would yield to US demands, asserting that tough rhetoric brought them to the negotiating table. Trump also detailed plans to blockade the Strait of Hormuz and warned of severe retaliation against any Iranian aggression. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/sBXCPp9 >
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Electronic firms seek PLI 2.0, eye 30–35% share in global mobile production by FY31

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India's electronics industry is seeking continued government support with a proposed PLI 2.0 scheme to boost mobile production and exports. Aiming to capture 30-35% of global mobile output by FY31, the industry projects annual manufacturing to reach $110-130 billion. This expansion hinges on sustained incentives to maintain competitiveness against China. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/zNO94fh >
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One-hour pause, tighter checks: RBI’s plan to tackle rising digital payment fraud

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/MsJzlae >
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Strait crisis: Global traders race to secure oil barrels amid Hormuz supply crunch

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Global crude oil markets are in a frenzy as a severe shortage drives intense competition for prompt deliveries. Physical oil prices have surged to unprecedented levels, with buyers vastly outnumbering sellers. This scramble, fueled by reduced Middle Eastern flows, is forcing refiners to consider scaling back operations, potentially worsening fuel shortages. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/28THziS >
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Duty on diesel exports hiked from Rs 21.5/L to Rs 55.5

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The government has significantly increased export duties on diesel and aviation turbine fuel to prioritize domestic availability amidst West Asian tensions. Diesel export duty rose by over 150% to Rs 55.5 per litre, and ATF to Rs 42 per litre, aiming to deter exports and ensure sufficient supply within India. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/auGc3pZ >
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