Cyber fraud syndicate busted! Digital scams of over Rs 50 crore uncovered; raids conducted across 7 states

Digital frauds of worth over Rs 50 crore came to light earlier this month after Delhi Police busted an international cyber scams and extortion syndicate, following a series of coordinated raids across several states. The operation led to the arrest of 10 accused, including the alleged mastermind behind the wide-ranging racket.The crackdown was carried out…

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States to gain Rs 17,000 crore under VB – G RAM G? Most will remain net gainers despite funding shift; here’s what SBI says

The Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (VB-G RAM G) Act is expected to give a boost to state funds, making them collectively gain almost Rs 17,000 crore. Since its introduction, the Bill has sparked debate, particularly over concerns that the revised funding structure could place a higher financial burden on states.According to…

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RBI rate cuts, reforms to support India’s growth in 2026: Invesco Report

NEW DELHI: India’s outlook for 2026 improved amid geopolitical challenges due to ongoing reforms and optimism in the US-India relations, said a report by Invesco Strategy & Insights.In its “2026 Annual Investment Outlook Resilience and rebalancing”, Invesco mentioned that despite equity market underperformance amid geopolitical tensions, we are cautiously optimistic on India in 2026, due…

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Gold price prediction today: What is the gold price outlook this week? Gold may head towards Rs 1,45,000 levels

Gold prices are gradually trending higher, consistent with their typical behaviour, and have registered a record high of ₹140,000. (AI image) Gold price prediction today: Gold prices may retest the recent support zone of ₹137,000 and ₹138,000, and dips should be utilized to accumulate gold, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal…

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Income Tax department emails rattle taxpayers! Tax refunds, ITR processing on hold over claim mismatches – here’s what’s happening

The income tax notices suggest that the assessment of income tax returns and the release of refunds have been paused for these categories of taxpayers. (AI image) Income Tax alert! The Income Tax Department is sending emails and SMSes to taxpayers, just ahead of the year-end, alerting them of mismatches in their deduction and exemption…

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Record foodgrain production! Indian agri sector remains strong despite US tariffs — Here’s how GST cuts helped

The agriculture sector is expected to end 2025 with record high foodgrain production, despite global trade headwinds. The strong figures come on the back of strong monsoon-driven sowing and major cost savings thanks to GST cuts on key inputs. For the upcoming year, 2026, stakeholders are waiting for major bills on seeds and pesticides to…

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FMCG growth post GST cuts: Sales pick up in first quarter after reforms; value growth stays muted

The Goods and Services Tax reforms, announced on September 22 gave a much needed push to consumer demand, as sales volumes for household essentials and groceries rose sharply in the October-December quarter, as compared to a year earlier.According to executives citing NielsenIQ data and internal company numbers, volumes expanded by around 9–10% in the December…

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