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Govt Tweaks Fuel Export Duties for Market Stability
BREAKING NEWS
BusinessMay 16, 2026

Govt Tweaks Fuel Export Duties for Market Stability

New Delhi, May 16. In a bid to balance domestic needs with export opportunities, India has imposed a ₹3-per-litre special additional excise duty on petrol while reducing the export duty on diesel to...

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PM Modi's No-Gold Year Appeal Wins Prayagraj Traders' Support
[Business]May 15, 2026

PM Modi's No-Gold Year Appeal Wins Prayagraj Traders' Support

Prayagraj's gold traders are lending strong support to Prime Minister Narendra Modi's bold call for a one-year moratorium on non-essential gold purchases. Facing global economic headwinds, this...

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Jyotiraditya Scindia Pushes Sikkim Tourism, Sports Infra in Namchi
[Business]May 15, 2026

Jyotiraditya Scindia Pushes Sikkim Tourism, Sports Infra in Namchi

In a significant push for Sikkim's growth, Union Minister Jyotiraditya Scindia on Friday reviewed multiple flagship projects in Namchi district, prioritizing tourism infrastructure, sports...

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Shivraj Chouhan Unveils ₹8,368 Cr PMAY-G Funds for Maharashtra
[Business]May 15, 2026

Shivraj Chouhan Unveils ₹8,368 Cr PMAY-G Funds for Maharashtra

Maharashtra received a significant push towards rural development as Union Minister Shivraj Singh Chouhan released ₹8,368.50 crore for PMAY-G during a high-profile event in Satara. The Friday...

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No Fuel Crisis in Odisha: Minister Urges Calm Over Pump Queues
[Business]May 15, 2026

No Fuel Crisis in Odisha: Minister Urges Calm Over Pump Queues

In a bid to quell rising public anxiety, Odisha Minister for Food Supplies and Consumer Welfare Krushna Chandra Patra declared on Friday that the state is well-stocked with petrol and diesel. Long...

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Delhi LG Mandates Business Reform Overhaul by June 30 Deadline
[Business]May 15, 2026

Delhi LG Mandates Business Reform Overhaul by June 30 Deadline

Lieutenant Governor VK Saxena of Delhi dropped a bombshell on Friday: all remaining Ease of Doing Business reforms must be wrapped up by June 30. This no-nonsense order came during a review meeting...

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SEBI Relaxes Debt Limits for Leveraged InvITs: Key Details
[Business]May 15, 2026

SEBI Relaxes Debt Limits for Leveraged InvITs: Key Details

In a bid to supercharge India's infrastructure financing ecosystem, SEBI has rolled out borrower-friendly updates for InvITs with leverage ratios surpassing 49% of asset values. Issued on Friday, the...

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Gold Rally Propels India's Forex Reserves to $697B
[Business]May 15, 2026

Gold Rally Propels India's Forex Reserves to $697B

After a rough patch triggered by Middle East unrest, India's forex reserves are back on the rise, nearing $700 billion. RBI's latest figures show a $6.295 billion jump for the week ended May 8,...

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$1T Export Goal: India's Bold Bet on FTAs and Promotion Drive
[Business]May 15, 2026

$1T Export Goal: India's Bold Bet on FTAs and Promotion Drive

India's commerce ministry has unveiled an audacious plan: scaling exports to $1 trillion by 2027. The blueprint hinges on the launch of a dedicated Export Promotion Mission and freshly inked Free...

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