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    India Budget 2025: Tax relief for middle class, interest-free loans to states

    Union Budget 2025 Announcements, Budget 2025 Highlights: Find all the key highlights of the India Union Budget 2025 with all the updates on Income tax slab rates, railways, economic policies, taxation, telecom, infrast

    Business
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    Indian Rupee hits record low as Trump tariffs trigger fear of trade war

    Donald Trump slapped Canada and Mexico with 25 per cent duties and China with a 10 per cent duty. The move was the first strike in what could usher a destructive global trade war, forex traders said.

    Business
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    Malaysia’s halal tourism attracts Muslims from all over the world

    Malaysia attracted over 170,000 visitors from the Gulf countries in 2013, and has been rated the world’s top Muslim-friendly holiday destination in a survey released last year. According to figures, Malaysia received 10

    Lifestyle
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    Cairo Declaration reaffirms D-8 commitment to economic cooperation

    Leaders and representatives of the participating countries in the D-8 Organization for Economic Cooperation 11th Summit reaffirmed their commitment to strengthening peace and sustainable development and building

    World
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    Indonesia pushes for Halal Value Chain among D-8 economies

    According to Prabowo, the D-8 countries are forecast to crack the top 25 of the world’s largest economies by 2050 -- based on PricewaterhouseCoopers estimates.

    Business
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    Uzbekistan names top 20 taxpayers

    The State Tax Committee has released data on the top 20 taxpayers from January to November, highlighting a significant concentration of tax contributions among a few key players, particularly state-affiliated companies.

    Business
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    Bangladesh removes Mujib from banknotes, bans Hasina’s speeches

    Bangladesh’s International Crimes Tribunal on Thursday ordered a ban on disseminating deposed prime minister Sheikh Hasina’s hate speeches in the mainstream media and social media networks as the tribunal is set to try

    South Asia
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    Freight train to link Pakistan with Russia; trial in March

    Russia and Pakistan are set to be linked by freight train line that will pass through Iran and Azerbaijan with the first trial run likely to take place in March next year, a Pakistan minister has said in an interview...

    South Asia
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    South Korean President apologises for martial law, but doesn't resign

    South Korean President Yoon Suk Yeol on Saturday apologised for his attempt to impose martial law this week but did not resign, defying intense pressure to step down even from some in his ruling party

    Southeast Asia
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    Trump threatens 100% tariff on BRICS members if they dump dollar

    US President-elect Donald Trump warned BRICS — a China- and Russia-backed group of emerging economies — against any move to replace the US dollar threatening 100% tariffs if they fail to give any commitment.

    Business
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    Indian Economy In 'Sweet Spot', Says Moody's, Forecasts 7.2% Growth In 2024

    Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.

    Business
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    Vistara Bids Goodbye, Ends 9 Year Long Flight

    Vistara — a joint venture between​ Tatas and​ Singapore Airlines— has now merged with​ Air India, creating an enlarged entity that is now the country’s largest international carrier.

    Business
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    China To Cut Import Tariffs On Soybean, Other Products From India

    China will cut import tariffs on soybean and some other goods from India and four other Asian nations from July 1, China's Cabinet announced today, amidst a looming trade war with the US.

    Business
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    Israel green-lights 'Hejaz railway' link to Saudi Arabia: Israel state TV

    Israel's prime minister has greenlighted work to begin on planned railroad network that will connect the Jewish state to Saudi Arabia, Israeli state-run TV reported on Saturday.

    West Asia
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    ICJ to hear Iran's lawsuit against US over frozen assets

    The International Court of Justice (ICJ) says it will in a few months hear a case brought by Tehran against Washington over the latter's attempt to pay billions in Iran's frozen assets to alleged.

    West Asia
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    India ignores US,moves to open Iran’s Chabahar port by 2019

    India is trying to make Chabahar Port in Iran operational by 2019, the government said in a statement on Friday, despite a threat of renewed US sanctions against Tehran.

    West Asia
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    ‘Surgical strike by rats’, mice destroyed Rs 1.2 million at Indian ATM machine

    According to police, they received a complaint from officials of State Bank of India branch, saying they found notes worth Rs 12,38,000 in shreds in one of its ATMs on the outskirts of Tinsukia town.

    Off Track
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    Devinder Sharma on India's Agriculture Crisis

    Agriculture directly and indirectly occupies 70 percent of India’s workforce but comprises only 14 percent of the GDP. Despite this topsy-turvy fiscality, the country’s policymakers have long disdained.

    Interview
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    Gulf crisis escalates as major corporations are forced to take sides

    The Gulf crisis that pits a United Arab Emirates-Saudi-led alliance against Qatar is escalating in discreet but no less worrisome ways that effect major third-party commercial interests.

    Business
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    Iran resumes train service to Turkey’s Van after 3 years

    Iran says it has launched a train service to Turkey’s Van after a hiatus of about three years with officials expressing hope that it would help increase the number of tourists travelling on either.

    Business
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    Pak-Afghan, Sino-India détente? New dynamism sweeping Asia

    The Army Chief Gen. Qamar Javed Bajwa spent a day in Kabul Monday to discuss with President Ashraf Ghani the progress in the rejuvenated bilateral dialogue. Only a day earlier a landmark meeting between the Pak-Afghan.

    View Point
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    In the East lies inspiration

    A survey at the recent meeting of the World Economic Forum (WEF) in Davos showed that 60 percent of the businessmen and political leaders attending the annual gathering expressed lack of confidence in the prevailing.

    Business
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    India plans 70bn rupee bailout for sugar mills

    The Indian government is likely to announce a bailout package of more than over 70 billion rupees ($1.04bn) to the cash-starved sugar mills to help clear dues to farmers, the Times of India reported.

    Business
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    Iran Leader Defies US, Orders Uranium Enrichment

    Iran’s Supreme Leader Ayatollah Seyyed Ali Khamenei Monday ordered the Atomic Energy Organization of Iran (AEOI) to start enrichment of uranium up to a level of 190,000SWU without any delay.

    West Asia

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