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Torrent Pharma is set to acquire a controlling stake in JB Chemicals & Pharmaceuticals for approximately Rs 18,000 crore, marking the second-largest pharma deal in India. The acquisition involves purchasing a 46.4% stake from KKR, followed by an open offer to public shareholders. This deal will create India's second most valued pharma company, with substantial revenue and a top-five ranking. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/FW5ajoT

G7 nations have reached a groundbreaking agreement, exempting US and British multinational corporations from key provisions of the global minimum tax through a new "side-by-side" system. This framework acknowledges existing US tax laws, allowing American firms to be taxed domestically. The move aims to provide stability and certainty in the international tax system, addressing concerns raised by businesses. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/vS07jak

The class of 2025 faces a challenging job market due to economic slowdowns and hiring freezes. To navigate this uncertainty, graduates should prioritize careers in essential services like healthcare and explore tech roles beyond Big Tech. Investing in transferable skills, considering public sector jobs, and focusing on micro-skilling can provide stability and future growth. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/H7esJAz

The National Testing Agency (NTA) has declared the SWAYAM January 2025 semester exam results, accessible on the official website. Candidates can download their scorecards using their application number and date of birth. The scorecard includes details like marks obtained and qualifying status. Successful candidates will receive certificates from the host institutions. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/TpAi0xC

MNRE has revised its Waste-to-Energy Programme guidelines to simplify procedures and enhance transparency. The new framework links financial support to the actual performance of energy plants, disbursing CFA in stages based on operational milestones. These changes aim to benefit MSMEs, streamline inspections, and contribute to India's waste management and net-zero emissions goals. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/mY4kieu

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The Union Public Service Commission (UPSC) has announced the Engineering Services Examination (ESE) Preliminary 2025 results, accessible on upsc.gov.in. Successful candidates, identified by their roll numbers in the published PDF, are now qualified for the ESE Mains exam scheduled for August 10, 2025. This next phase involves descriptive papers testing in-depth understanding within their chosen engineering discipline. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/Uo7Ah3C

National Testing Agency has issued the admit cards for University Grants Commission National Eligibility Test. The exam is scheduled for June 25, 2025. Candidates can download their hall tickets from ugcnet.nta.ac.in. The admit card contains exam timing, center address, and candidate details. Applicants must carry a printed copy and a valid photo ID. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/ieMKQGF

Gross direct tax collections saw a modest increase of under 5% up to June 19, with advance tax receipts growing at a muted 3.9%, signaling potential concerns about corporate profit growth. Net direct tax collections dipped slightly due to a significant surge in refunds, reflecting the finance minister's push for quicker disbursal. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/BQ4aoNc

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from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News Israel-Iran conflict: Govt holds meet with stakeholders

Deepak Parekh disclosed that Chanda Kochhar once suggested a merger between ICICI Bank and HDFC. Parekh declined the offer. He cited regulatory pressure as the main driver for HDFC's eventual merger with HDFC Bank. Parekh described the merger's conclusion as both sad and happy. He emphasized the need for larger Indian banks through acquisitions. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/T7rinvo

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Since Donald Trump's presidency began five months ago, global financial markets have experienced significant volatility. US stocks are underperforming compared to European markets, while the dollar has sharply declined against the euro. Concerns about rising US debt are growing, impacting investor confidence. Oil prices initially fell due to economic slowdown fears but have rebounded amid Middle East tensions. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/BVe7846

Rising global crude oil prices, fueled by the Israel-Iran conflict, pose a risk to India, according to the chief economic adviser. While past spikes, like during the Russia-Ukraine war, were weathered, the impact hinges on the extent and duration of the price increase. Despite global uncertainty, India's economy is projected to maintain a 6.5% growth rate. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/V4Xliz6

Digit Insurance has initiated payouts for migrant laborers in Noida due to extreme heat, utilizing a parametric insurance model that triggers payments when temperatures exceed specific thresholds for consecutive days. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/PauwNnS

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Air India will cut international flights using wide-body planes by 15%. This reduction is effective immediately and will last until at least mid-July. The airline cites airspace closures and enhanced checks on Boeing 787s as reasons. These factors have increased flight times and reduced aircraft availability. The airline operated 462 flights between June 2 and 17, but cancelled 83 flights. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/grs8Ku9

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An IndiGo flight carrying 157 passengers from Muscat to Delhi via Kochi was forced to make an emergency landing in Nagpur following a bomb threat. The threat, received via email by Cochin airport authorities, prompted the mid-air diversion. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/sFKBYJe

Iranian state television has urged citizens to delete WhatsApp, alleging data collection and sharing with Israel, claims WhatsApp vehemently denies. The messaging app emphasises its use of end-to-end encryption, ensuring user privacy and denying any data sharing with governments. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xmfHPKI

Indian stock market soared on Monday. Sensex closed 678 points higher. Nifty also saw a significant rise. HDFC Bank, ICICI Bank, and Infosys led the gains. Domestic funds invested heavily, offsetting foreign fund outflows. Investors grew richer by Rs 3.3 lakh crore. A potential ceasefire between Israel and Iran may further boost the market. Gold prices fell on ceasefire news. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/abGoPyO

Stock market recommendations: Mirae Asset Sharekhan's Somil Mehta recommends buying Apollo Hospitals and Persistent. Apollo Hospitals, currently trading around Rs 7,100, is expected to reach Rs 7,545, while Persistent, near Rs 6,010, aims for Rs 6,300. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/gYndE4a

West Delhi leads India in FMCG spending, averaging Rs 39,325 annually per household, while South Delhi consumes the most volume at 240kg per household. Bengaluru tops in premium FMCG product spending. Mumbai's GDSC cluster shops most frequently, though with smaller basket sizes, and both Delhi clusters favor home-cooked meals but also consume bottled soft drinks. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/et8flUp

State Bank of India has reduced interest rates on deposits. The bank lowered retail term deposit rates by 25 basis points. Savings account rates also decreased to 2.5 percent. This decision follows the Reserve Bank of India's repo rate cut. Other banks like HDFC Bank and ICICI Bank have also reduced fixed deposit rates. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/yJ0fH4g

Despite Iranian ballistic missile attacks targeting Haifa port and a nearby oil refinery in Israel, the Adani Group-led Haifa port remained unharmed, ensuring uninterrupted cargo operations. While shrapnel fell near the port and refinery, causing no injuries, the Adani-operated port sustained no damage. Cargo operations are proceeding normally, with eight ships currently in the port. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/M1vwWgK

The National Testing Agency (NTA) will soon release the UGC NET June 2025 city intimation slip on ugcnet.nta.ac.in. This slip informs candidates of their exam city, aiding travel arrangements. The UGC NET exam is scheduled from June 25-29, 2025, in CBT mode. Candidates should regularly check the website for updates. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/ro60VB2

Boeing projects a global commercial aircraft fleet of nearly 50,000 by 2044, with developing markets driving growth. Supply chain challenges have slightly reduced delivery forecasts, contributing to a potential aircraft shortage. While passenger growth outpaces GDP, new deliveries struggle to meet demand, highlighting a shift in the industry's landscape with increased representation from Asian and Middle Eastern firms. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/NgQlFTL

Following the Air India plane crash, the Turkish government refuted claims that Turkish Technic maintained the Boeing 787-8 Dreamliner involved. Agreements between Air India and Turkish Technic, set for 2024-25, only cover maintenance for B777 aircraft, not the 787-8. Air India plans to reduce reliance on Turkish Technic amid strained relations. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ThLo8UE

India has welcomed the Maldives' improved foreign exchange reserves, acknowledging the significant role of the $400 million currency swap between the RBI and MMA in easing liquidity pressures. Fitch Ratings recognized India's critical support in bolstering the Maldives' reserves, alongside strong tourism and new forex regulations. Despite this, the Maldives faces ongoing fiscal and external challenges. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/8Qe7ip5

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New West Asia conflict may impact India. Limited direct trade impact is expected. Higher oil prices are a major concern for the Indian economy. Disruption of sea routes and increased freight costs are feared by exporters. Saffron prices may rise. Gold imports could increase the trade deficit. The world has managed conflicts in the past. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/GILmaFt

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