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Mobile users can expect relief from ‘spoof international calls’

New Delhi: The department of telecommunications (DoT) and mobile operators devised a system that can identify and block spoof international calls showing up as Indian numbers. Through this, the government and telcos are seeking to give relief to mobile users who have been getting such calls from cyber criminals posing as police officials, courier company […]

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Ecommerce fails to click for firms in Q4 as sales dip across segments

The March quarter witnessed a slowdown in online consumption across segments such as electronics, wearables and beauty products, as flagged by multiple listed companies and industry trackers. For the fourth quarter, logistics firm Delhivery said its express parcel shipments, a proxy for ecommerce delivery volumes, declined 13% sequentially to 176 million. Cofounder and chief executive […]

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Cost inflation index for FY25 higher than last fiscal’s

The income tax department has notified the cost inflation index (CII) for FY25, relevant to assessment year 2025-26, at 363, which is higher than 348 for FY24, and 331 for FY23. The CII is a tool used to measure inflation for computing long-term capital gains on the sale of assets, including immovable property, securities and […]

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Commerce ministry’s draft strategy to negotiate future FTAs to be circulated among key departments soon

The commerce ministry has prepared a draft comprehensive strategy for negotiating future Free Trade Agreements (FTAs) and it will be circulated to certain key departments soon to get their feedback, an official said. The draft strategy in the form of a Standard Operating Procedure (SOP) was recently discussed in a meeting involving former commerce secretaries, […]

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Indian digital economy growing at 2.8%, will reach $1 trn by FY28: IT Min

Synopsis The government earlier expected India to reach the $1 trillion-mark by 2026-27 but the target has been moved by a year due to various reasons, including the Covid-19 pandemic, IT minister Rajeev Chandrasekhar said. India’s digital economy is growing at 2.8% per annum and is expected to reach $1 trillion by 2027-28, Minister of State […]

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Chabahar Port: Why is it a Game Changer for India?

India has signed a historic agreement with Iran to develop the Chabahar Port. Under this agreement, India will invest $120 million in the development and operation of the Shahid Beheshti Terminal at Chabahar Port, along with $250 million to be sourced through debt financing. However, it’s noteworthy that a similar agreement was signed between the […]

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A New Tree of Flowering Plants? For Spring? Groundbreaking.

By sequencing an enormous amount of data, a group of hundreds of researchers has gained new insights into how flowers evolved on Earth. Almost every plant we eat has a flower, and flowering plants populate every corner of the planet. But many questions remain about how and when this vast group emerged throughout the history […]

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Credit Card Rules: Big news! RBI issued new rules related to credit card bill, Details here

A credit card is a system in which every month, the purchases you make within a certain time frame are added up and then you are billed. To make everything run smoothly, you need to pay that bill before a specific date called the due date. This keeps your credit in good standing and helps […]

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