Budget 2026: A turning point for financial services firms looking to set up GCCs in India

[ad_1] Budget 2026 also strengthens India’s attractiveness through its broader posture on foreign investment and cross-border financial integration. (AI image) By Radhika Saigal and Manoj MarwahUnion Budget 2026 propels India towards building a stable, scalable and globally competitive financial ecosystem that encourages global financial institutions to evaluate India not only as a growth market but…

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Sensex falls 559 pts on IT selloff

[ad_1] MUMBAI: Strong selling in IT stocks, led by sector leaders Infosys and TCS, pulled sensex down by 559 points on Thursday to close at 83,675 points, BSE data showed. Nearly 400 points of the index’s fall was contributed by the slide in these two stocks, mainly on the back of questions about the viability…

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CBDC loans now on kisan credit cards

[ad_1] MUMBAI: RBI has proposed sweeping changes to the kisan credit card (KCC) framework, including the use of central bank digital currency or e-Rupee for farm credit, as part of its draft Commercial Banks–Kisan Credit Card Scheme Directions, 2026, aimed at widening access, improving flexibility, and tightening safeguards for small and marginal farmers.Under the draft…

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Zero reciprocal tariff available to Indian textile exports too: Piyush Goyal clarifies on US trade deal after Bangladesh agreement

[ad_1] Piyush Goyal has now clarified that Indian exports would also get the same benefit. India-US trade deal: Commerce Minister Piyush Goyal on Thursday said that Indian apparel exports to the US will enjoy zero tariff access, if the raw material is procured from America. Goyal’s comments assume significance after the recently announced US-Bangladesh trade…

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US tax refund tracker: How to check status, timelines after e-filing, paper filing; key details to know

[ad_1] US tax refund tracker: US taxpayers can track their income tax refund status using the Internal Revenue Service’s (IRS) “Where’s My Refund” tool, which provides near real-time updates on refund processing stages, expected timelines and payment status.According to information available on the IRS website, refund status generally becomes visible within 24 hours after e-filing…

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RBI proposes Kisan credit card rule overhaul; seeks stakeholder views by March 6

[ad_1] The Reserve Bank of India (RBI) on Thursday issued draft directions to revise and consolidate guidelines on the Kisan Credit Card (KCC) scheme, aimed at expanding coverage, streamlining operational aspects and addressing emerging requirements in the agriculture sector.The central bank has invited comments and feedback on the draft guidelines from regulated entities, members of…

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Weathering the Trump storm: How India’s IT sector & its talent is ‘uniquely positioned’ to deal with increased H-1B visa costs

[ad_1] India’s unique talent pool would be its biggest strength in weathering the US immigration crackdown. (AI image) US President Donald Trump’s hike in H-1B visa fee – an important visa programme – may have a limited impact on India’s IT sector which currently uses this visa provision extensively. Trump has introduced a weighted H-1B…

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New CPI series aligned to consumption trends; CEA Nageswaran says monetary, fiscal policy decision calibration to improve

[ad_1] Chief Economic Advisor V Anantha Nageswaran (ANI) Chief Economic Advisor V Anantha Nageswaran on Thursday said the new Consumer Price Index (CPI) series will improve the quality of data used in formulating monetary and fiscal policies, as it better reflects current consumption patterns and economic conditions.The National Statistics Office (NSO) under the Ministry of…

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