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India's recent budget decision to increase customs duty on laboratory chemicals from 10% to 150% has impacted research centres and labs, significantly straining their financial resources. Academic institutes have seen a surge in costs, prompting calls for exemption from the new tax to avoid jeopardizing the country's research environment. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tmXP3jA >

The digital era significantly altered the financial sector job landscape. Automation and AI-fueled digital channels have displaced mid-tier jobs, creating HR challenges. RBI highlighted the need for reskilling staff as AI skills gain importance. Despite increased digitalisation aiding affordable banking, there's concern over rising data breach costs and high turnover in private banks. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iy9UIPo >

Between December and March, the Swedish Lapland promises an escape like no other. Covering more than a quarter of Sweden's land area, the Arctic part of Sweden brings darkness with a cloak of whiteness from December to March. Winter – o ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/obhyYK9

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The government monitored top 20 insolvency cases under Insolvency & Bankruptcy Code (IBC) due to slow action taken by banks. Following the intervention, movements in Jaiprakash Associates and Amtek Auto were observed. Bankers were found discussing loan settlements despite ongoing IBC issues. Finance Minister Nirmala Sitharaman reviewed multiple cases to expedite the process and improve debt recovery mechanisms. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KuGBybk >

UltraTech Cement has agreed to acquire a 32.72% stake in India Cements for Rs 3,954 crore. This move, raising UltraTech's total stake to over 55%, aims to boost its market presence in southern India. The acquisition supports UltraTech’s broader strategy of dominating the Indian cement market. Completion is pending regulatory approvals and is expected within six months. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KbsBTLd >

The Reserve Bank of India has fined Visa Worldwide, Ola Financial Services, and Manappuram Finance for failing to comply with regulatory requirements. Penalties included Rs 2.4 crore for Visa, Rs 41.5 lakh for Manappuram Finance, and Rs 87.55 lakh for Ola Financial Services. The breaches involved non-compliance with Know Your Customer (KYC) norms and other regulatory provisions. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7ctvNPf >

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In a clear recognition of the challenge of unemployment in a country with the world's largest young population, govt unveiled for four crore youths a Rs 2 lakh crore mega package of five schemes spread over a 5-year period to boost jobs, skilling and other opportunities. Three new schemes under the PM's package will incentivise first-time employees, providing one-month wage to new entrants in the workforce in all formal sectors, and also support employers. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SYpcBQP >

Sweeping changes in direct taxes gave the urban middle class plenty of reason to cheer, but also hit the wallets of others. The clear plus is in the form of an increase in standard deduction under the new regime for salaried employees from Rs 50,000 to Rs 75,000, which saves Rs 7,500 a year for those with annual incomes of Rs 10 lakh or more. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QDczy7I >

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Sitharaman's Budget balances spending, tax cuts, and fiscal path. Rs 2 lakh crore dividend aids solar scheme; funds needed for PM Modi's housing subsidy, Aayushman Bharat expansion. Modi 3.0 seeks job creation, private sector investment. BJP allies demand focus on women, farmers. Addresses leaks. 2047 target set, sector hand-holding stressed. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0rhG2BO >

The current fiscal year's tax-laden budget and the Supreme Court's ruling on reserved seats have shifted the focus of politics to the economy, further posing doubts over Pakistan's ability to meet the new International Monetary Fund (IMF) conditions for a USD 7 billion loan, reported Dawn. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3VZcm21 >

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Hotel Aguas Claras , a member of the Cayuga Collection Hotels located in Puerto Viejo on Costa Rica’s Caribbean Coast has all-new Del ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/rfpGczb

Sun Pharmaceutical Industries Ltd, the sixth-largest generic pharmaceutical manufacturer in the world, had questioned NPPA's demand notice of 2005 for payment of Rs 4.6 crore "to recover the higher price charged in relation to Roscilox, a brand of a Cloxacillin-based drug formulation, than that fixed by the govt under Drugs (Price Control) Order (DPCO)". from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xqwtosY >

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Vancouver is an international playground for every season and every reason under the sun. It’s sophisticated, funky, fashionable neighborhoods and unparalleled natural beauty attract travelers from around the globe. Whether you are e ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/xHhcdwA

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Bangkok's Chao Praya River is home to tour boats, dinner cruises and leisurely excursions, with a backdrop of a contemporary skyline juxxtaposed against its flowing calm. Rising about the river, tucked in a quiet corner of this city of 11 mil ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/nQfc8e2

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Mercedes-Benz will invest $500M in India's EV market, conditional on maintaining a 5% GST for ten years. MD & CEO Santosh Iyer highlights charging infrastructure needs and carbon neutrality. New models include EQA SUV, EQS Maybach, G Class, aiming for six models if a business case is viable. Mercedes is one of the few global carmakers to have bet on electric mobility in India very early, and is working towards having a portfolio of six green cars. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bTfapR0 >

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Foreign investors poured Rs 7,900 crore into Indian equities, lifting total FPI to Rs 1.16 lakh crore this year. Future flows may hinge on the Union Budget and Q1 FY25 earnings. FPIs favored telecom, financial services, but sold in metals, mining, and power sectors. JP Morgan EM Govt Bond Index inclusion boosted debt investments. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yXdxG2b >

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