SCO trade ministers’ meet: India cautions against weaponising export measures; reaffirms WTO-centred fair trade system

File photo (Picture credit: PTI) India has cautioned against the misuse of export-related measures to create artificial scarcity, distort markets, or disrupt supply chains at the Shanghai Cooperation Organisation (SCO) Trade Ministers’ Meeting held in Vladivostok on Saturday.According to a statement by the commerce ministry released on Sunday, India stressed that “export-related measures should not…

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Undersea cables cut in Red Sea: Internet disrupted across Asia, Middle East; India, Pakistan among affected

Internet services across parts of Asia and the Middle East faced disruptions after undersea cables in the Red Sea were cut, experts said on Sunday. While concerns were raised over possible sabotage amid ongoing conflict in the region, it was not immediately clear what caused the incident, according to the news agency Associated Press.Microsoft said…

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Trump tariffs on India’s software exports? Why IT sector is worried – double taxation, visa tightening may deal a blow

The Indian technology services outsourcing sector, valued at $283 billion, derives over 60% of its earnings from US. (AI image) India’s IT sector is worried about the possible imposition of tariffs on software exports to the US by the Donald Trump administration. The IT sector is already experiencing challenges due to worldwide economic uncertainties and…

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Starlink India push: Elon Musk’s firm in talks with data centres, telcos; groundwork begins for broadband rollout

Elon Musk’s firm in talks with data centres, telcos; groundwork begins for broadband rollout Elon Musk-owned Starlink has begun groundwork to set up terrestrial infrastructure in India, holding advanced talks with data centre operators, internet exchange providers, fibre players and telecom majors, as the satellite broadband firm prepares to launch services in a potentially high-growth…

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Stocks to buy: What’s the outlook for Nifty for week starting September 8? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Swiggy, and Goldiam International Ltd. Here’s his view on Nifty, Bank Nifty for the week starting September 8, 2025:Nifty ViewThe benchmark index Nifty experienced notable volatility…

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Higher consumption to offset losses: Piyush Goyal

NEW DELHI: Commerce and industry minister Piyush Goyal on Friday said any potential losses from GST rate rationalisation were accounted for and higher consumption would offset such losses.“With such a big reduction in the tax rate, imagine how much the market will increase and due to that increase, the tax will also increase,” he said….

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Higher tax for tobacco: Centre mulls new bill for Parliament’s winter session; compensation cess stays for now

The central government is likely to propose legislation during Parliament’s winter session to implement a tax on tobacco and related products, potentially replacing the existing GST compensation cess levied on these items.The present compensation cess, applied alongside the 28% GST, is expected to remain for a minimum of three months, allowing the government to complete…

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