Giri world

India received 5.4 million tonnes of Russian oil worth 2.1 billion euros via 30 vessels operating under false flags between January and September 2025, a report reveals. This highlights Russia's use of a growing 'shadow fleet' to bypass Western sanctions, with India being a major recipient of these oil shipments. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/G96A27e >

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' warns of an unprecedented market crash, attributing it to AI-driven job losses and real estate stress. He reiterates his 2002 prediction, now linking it to current global instability. Kiyosaki advises investors to consider silver and gold as safe havens amidst this predicted turmoil, though market indicators suggest a more moderate downturn. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/YkhCIrx >

Housing sales in India's 15 major Tier II cities saw a 4% value increase to Rs 37,409 crore in Q3 2025, despite a 4% dip in unit volumes. This rise, attributed to expanding employment and infrastructure, indicates strong buyer willingness for quality and amenities, signaling a maturing market. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/fFrDjyq >

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India's economy surged by 8.2% in the July-September quarter, driven by a strong manufacturing rebound and robust services activity. This marks the fastest expansion in six quarters, with domestic demand fueling production ahead of the festival season. Economists now anticipate full-year growth to exceed 7%, bolstered by pro-growth policies and reforms. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/TgSKben >

The Adani Group aims to reduce its consolidated debt to Rs 1 lakh crore by 2030, focusing on minimizing reliance on fresh capital for its expansion. The conglomerate plans to invest Rs 1.5 lakh crore annually in new assets over the next six years. The group also expressed interest in acquiring distressed Sahara Group assets, provided legal hurdles are resolved. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/icjuHEY >

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The Income Tax Department has launched a fresh campaign targeting individuals with undeclared overseas assets and income. Around 25,000 high-risk cases will be initially contacted via SMS and email. This initiative aims to encourage taxpayers to review and revise their returns by December 31 to avoid significant penalties under the Black Money Act. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/bxpXTgu >

The European Central Bank's October meeting minutes indicate interest rates are currently appropriate, with potential for cuts in 2026. While inflation is near the 2% target, concerns about slowing wage growth and eurozone momentum prompt openness to future easing. The ECB remains vigilant about the economy's ability to sustain the target. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/G6vmQts >

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Americans are gearing up for Thanksgiving with family meals and early holiday shopping as most major retailers close on Thursday, reopening for Black Friday. This week also marks a record-breaking Thanksgiving travel period, with AAA projecting 81.8 million people journeying, primarily by car, due to stable gas prices. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/XHwfnGv >

Proposes Cost-Efficient, Uniform Forms For Duplicate Documents from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/7P1OJDb >

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'Fiscal, Monetary & Regulatory Moves To Spur Pvt Investment' from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/dJwCLKp >

Amazon is injecting a massive $50 billion into expanding its AI and supercomputing capabilities for the US government. This significant investment aims to equip federal agencies with advanced machine learning, specialized chips, and software tools for critical areas like national security and scientific research. The move bolsters America's AI leadership and addresses the growing demand for secure, high-performance data centers. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/SrMjb6c >

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Bitcoin and ether experienced sharp declines, with bitcoin closing at $80,553 and ether hitting a four-month low. This sell-off in riskier assets is attributed to investor concerns over expensive tech stocks and uncertainty regarding US interest rate decisions. Analysts warn that a drop below $80,000 could trigger further significant losses for bitcoin. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/l0v1jtn >

US President Donald Trump is reiterating his support for his tariff policy. He claims these tariffs are bringing in trillions of dollars for America. Trump also asserts that his tariff threats have prevented eight wars. He criticises opponents and foreign governments, stating tariffs are crucial for US economic and security strength. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/9NynTiK >

The Securities Markets Code Bill 2025 is slated for introduction in Parliament's Winter session, aiming to streamline India's financial markets by merging key securities laws into a single code. This unified legislation, first proposed in the Union Budget 2021-22, is expected to reduce compliance costs and regulatory friction. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/8DkRgjy >

India's health insurance system is losing ₹8,000-10,000 crore annually due to fraud and waste, a BCG-Medi Assist report reveals. This impacts premiums and public funds, with reimbursement claims showing significantly higher fraud rates. The report advocates for AI-driven oversight and faster data sharing to combat this systemic issue and ensure accessible, affordable healthcare. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KPYBOpr >

Kotak Mahindra Bank's board has approved a 1:5 equity share sub-division to enhance affordability and market liquidity. This decision, made on the bank's 40th foundation day, aims to encourage broader investor participation. The move, subject to regulatory approvals, will split Rs 5 face value shares into five Rs 1 shares. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/AQnhpTD >

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The Centre has extended the quality enforcement timeline for specific steel and stainless-steel imports until March 2026. This move aims to prevent supply disruptions of specialized steel grades not yet produced domestically in sufficient quantities. The government also simplified import procedures for steel grades not covered by existing Quality Control Orders. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/sLZkJ1h >

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The US trade deficit significantly narrowed in August, falling to $59.6 billion as tariffs reduced imports. Despite this pullback, the trade gap has widened year-to-date, though a narrower deficit typically supports economic growth. President Trump's tariffs, aimed at addressing perceived exploitation, have faced scrutiny over their impact on inflation and legality. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/h7mpuoq >

Pakistan's stock market is witnessing a remarkable surge, fueled by a wave of retail investors seeking better returns amidst stagnant property prices and declining deposit rates. This rally, driven by improved economic indicators, fiscal management, and political stability, has positioned Pakistan as a top-performing Asian market. Experts anticipate continued strength, though inflation and geopolitical tensions remain potential headwinds. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/X4LN5zs >

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The US aims to finalize a rare earths deal with China by Thanksgiving, suspending Beijing's export restrictions on critical minerals. This tentative agreement, following the Trump-Xi meeting, also involves the US rolling back some tariffs and China resuming significant soybean purchases. Washington is confident in Beijing's commitment but holds leverage if assurances are broken. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ihQsmI2 >

Galeries Lafayette has launched its first Indian store in Mumbai, aiming to capture the nation's vast consumer market. Despite the promising growth of India's luxury sector, global brands face significant hurdles including high import duties, complex bureaucracy, and strong competition from local designers, necessitating cultural adaptation for success. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/sHqvRSp >

Former Federal Reserve Governor Adriana Kugler reportedly violated strict trading rules multiple times before her abrupt August resignation. Disclosures reveal over a dozen stock transactions in 2024, including significant Apple shares, during prohibited blackout periods. Despite claims her husband acted without her knowledge, requests for ethics waivers were denied, prompting her departure. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/PCQZqwd >

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Foreign investors have reduced their stake in Indian companies to a 15-year low. Meanwhile, domestic mutual funds are at a record high. Promoters are also selling shares. Individual investors, combined with mutual funds, now control a significant portion of the market. This shift reflects changing investment patterns in India. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Qe29MDw >

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Ford CEO Jim Farley warns of a national crisis as the company struggles to fill 5,000 skilled mechanic roles, despite offering $120,000 salaries. This shortage, impacting manufacturing and essential services, stems from a collapse in trade education. While Gen Z shows renewed interest in trades, rebuilding the talent pipeline will take years. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/aNyj4dP >

Retail inflation hit a record low of 0.3% in October, driven by GST rate cuts and a sharp decline in food prices. This significant drop, the lowest in the current CPI series, has fueled expectations of an interest rate cut by the RBI in December. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/9xvJTE4 >

Public sector banks are directed to boost lending to MSMEs and agriculture, while focusing on low-cost deposits and robust risk management. The finance ministry emphasized customer-centricity, digital innovation, and cybersecurity. Banks are also urged to support emerging sectors like renewable energy, aligning with national development goals. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/fgzaNmF >

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The CBDT has empowered the Income Tax Commissioner at Bengaluru's CPC to directly rectify assessment order mistakes under Section 154. This move aims to expedite corrections for taxpayers, addressing issues like miscalculations and missed credits, thereby reducing delays and enhancing transparency in the refund process. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/hpv3wxG >

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Air travel faced significant disruption on Sunday. Over 2,100 flights were cancelled and 7,000 delayed across the United States. This chaos stemmed from the ongoing government shutdown and reduced air traffic control operations. Major airports like Hartsfield-Jackson in Atlanta and Newark Liberty saw the highest number of cancellations. Officials are trading blame for the travel woes impacting the public. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/T6lE9sw >

China has eased export controls on Nexperia chips for civilian use, a move that could alleviate global auto industry supply shortages. This signals a potential de-escalation following Dutch government intervention in the chipmaker, owned by China's Wingtech. Beijing urges the EU to press the Netherlands to reverse its decision, aiming to safeguard global chip supply chains. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/2c0jlEn >