Push for efficiency: Maharashtra launches ‘e-bond’ system; replaces stamp paper bonds for trade

The Maharashtra government on Friday rolled out an electronic bond, or ‘e-bond’, system for import and export transactions, replacing traditional stamp paper bonds, officials said. The move is aimed at simplifying trade procedures, accelerating business operations, and modernising the state’s economy.Revenue Minister Chandrashekhar Bawankule said Maharashtra has become the 16th state in India to adopt…

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Watch video: Train to Kashmir delivers first batch of cars from factory; why it’s a game changer

Kashmir on Friday witnessed a first-of-its-kind milestone in automobile logistics, with the arrival of its maiden dedicated car carrier rake by Indian Railways.A special train carrying 116 brand-new Maruti Suzuki vehicles, including Brezza, Dzire, WagonR and S-Presso, rolled into the Anantnag Goods Shed directly from the company’s Manesar plant in Haryana, PTI reported. This marks…

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US market today: Wall Street edges higher as record-setting week nears end; AI optimism drives tech gains amid shutdown

US stocks continued to climb on Friday, as Wall Street edged toward the finish of another record-setting week, buoyed by optimism around artificial intelligence and hopes of easier interest rates despite a partial government shutdown.The S&P 500 rose 0.2% and is on track for its seventh winning week in nine, while the Dow Jones Industrial…

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Data blackout: Government shutdown halts US employment releases; economic indicators on hold

The United States has delayed the release of a key employment report as a partial government shutdown entered its third day on Friday, creating uncertainty over the state of the world’s largest economy.Other economic indicators scheduled for publication this week, including weekly unemployment claims, have also been postponed, depriving policymakers and businesses of crucial information…

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