New record! China laps up discounted Russian crude as India reduces purchases; threat of US strikes on Iran adds to jitters

Shipments of Russian oil to China are projected at about 2.07 million barrels per day for February delivery. (AI image) Even as US President Donald Trump wants the world to stop buying crude oil from Russia, China’s purchases of Russian crude are set to hit a new record in February. China’s procurement of Russian crude…

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Important PAN Card quoting changes: Draft income tax rules 2026 revises cash withdrawals & deposit, property transactions limits – check top details | Financial Literacy News

There are several changes in the draft income tax rules that impact the way you pay income tax. (AI image) Draft Income Tax Rules 2026: The Income Tax Department has released a new set of draft income tax rules, which once finalised, will be applicable for financial year 2026-27. There are several changes in the…

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Absence of saptapadi alone cannot invalidate marriage: What Delhi High Court said on a Hindu marriage

The Court emphasized that Section 7 does not prescribe a uniform ritual requirement but recognizes diversity of customary practices. (AI image) Restating the legal presumption in favor of the validity of marriage, the Delhi High Court has held that, in the absence of direct evidence showing performance of Saptapadi, the traditional taking of seven steps…

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‘Concerns wrong’: Why Nasscom president is not worried about AI taking tech jobs

Rajesh Nambiar Nasscom president Nasscom President Rajesh Nambiar has strongly dismissed fears that AI tools will eliminate technology services jobs, despite market concerns wiping out $50 billion from Indian IT companies’ market value since 2025. He emphasizes that large enterprises’ complex technology needs and regulatory requirements make IT services essential, even as AI adoption grows.“Concerns…

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Oil prices hold steady near $68 ahead of US–Iran talks, OPEC+ supply plans keep markets cautious

Global oil prices remained steady on Monday as markets closely watch upcoming talks between United States and Iran. While concerns over potential disruptions in oil supply due to US-Iran tensions kept prices stable, OPEC+ is considering increasing production from April. The day saw Brent crude futures slightly down at $67.72 per barrel, while US WTI…

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