US sanctions Iran: Additional 25% tariffs to have minimal impact on India, say government sources – here’s why

AI image (Picture credit: Google Gemini) India is unlikely to face any major impact from the 25 per cent tariff announced by the US President Donald Trump on countries doing business with Iran, as per government sources cited by news agency ANI, who pointed to India’s limited trade exposure with Tehran.Newly announced US tariffs are…

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India-EU FTA soon? Why the trade deal is important and which sectors will it benefit? Explained

Piyush Goyal holds talks with EU Commissioner Maros Sefcovic on India-EU FTA negotiations (ANI image) India and the European Union are in the final stages of negotiating a long-pending free trade agreement (FTA). The deal could significantly boost India’s exports to the 27-nation bloc and deepen economic ties amid global trade disruptions.If signed, the India-EU…

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JP Morgan’s India expansion: Global banking giant signs mega office lease in Mumbai – rent runs in hundreds of crores!

Global financial services major JP Morgan has leased nearly 2.7 lakh sq ft of office space in Mumbai’s Powai. The deal involves rental payments of over Rs 612 crore over five years, making it one of India’s largest enterprise flexible workspace leases.The office space has been leased by JP Morgan at One Downtown Central, formerly…

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Gig workers row: No more 10-minute delivery deadline; Centre urges quick commerce players to drop time limit

NEW DELHI: Quick commerce platforms on Tuesday agreed to remove “10-minute delivery” service following the intervention of Union minister Mansukh Mandaviya over the safety of delivery partners, news agency ANI reported, citing sources.This comes after Mandaviya held discussions with officials of Blinkit, Zepto, Swiggy, and Zomato, advising them cut slack on the strict delivery time…

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Basmati trade disrupted! What Iran unrest & Trump’s 25% tariffs mean for India’s rice exports, prices – explained

IREF pointed out that Indian rice shipments to the US are already levied with a 50% duty. (AI image) India’s rice exports may bear the brunt of escalating tensions in Iran and US President Donald Trump’s latest move to impose 25% tariffs on any country doing trade with Iran. “Effective immediately, any Country doing business…

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TCS revenue falls 3%, HCL’s rises 5% in Q3

BENGALURU: TCS posted a muted showing in a seasonally weak Dec quarter marred by furloughs, while HCLTech emerged as a bright spot, with management underscoring resilience in demand.Global uncertainty weighs on spending, but demand for technology-led transformation remains strong, with discretionary spends emerging selectively even as cost-takeout deals dominate client priorities. Both firms’ net profit…

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