Economy/Business – Page 2 – newsprint.cloud

Budget 2026: Salaried Taxpayers Eye Higher Standard Deduction Under New Regime

As the financial year progresses, anticipation for Budget 2026 is steadily building, with millions of salaried taxpayers eagerly looking towards Finance Minister Nirmala Sitharaman. Their primary hope, a consistent refrain echoing through pre-budget consultations and public discourse, revolves around significant relief in income tax, particularly a long-overdue increase in the standard deduction limit under the […]

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India’s BIS Redefines “Diamond”: A Game Changer for the Gemstone Industry

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In a landmark move set to significantly impact the global gemstone industry, the Bureau of Indian Standards (BIS) has officially enforced a new terminology framework that legally reserves the term “diamond” exclusively for natural, mined stones. This decisive action by India, a dominant player in the world’s diamond manufacturing and trading sectors, marks a crucial

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Salesforce Paves the Way for Reliable Enterprise AI: Bridging Flexibility with Precision

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The promise of Artificial Intelligence, particularly generative AI, has captivated the business world. Yet, beneath the hype, many companies grapple with a critical challenge: integrating these powerful tools reliably into their core operations. The journey from AI potential to consistent, tangible business value is often fraught with complexities. Enter Salesforce, a CRM giant, which is

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Trump’s 10% Credit Card Cap Sparks Industry Fury: A Battle Over Consumer Finance

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Donald Trump’s recent call for a drastic 10% cap on credit card interest rates has sent shockwaves through the financial sector, immediately drawing sharp condemnation from banking executives and their powerful lobbying groups. The proposal, aimed at easing the burden on American consumers grappling with soaring debt, faces an uphill battle against an industry that

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Disney’s Box Office Reign: Dominance Now and a Powerful Future in 2026

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Disney isn’t just a part of the domestic box office; it is the domestic box office. With a staggering 27.5% of the overall annual haul, the House of Mouse has once again proven its unparalleled ability to draw audiences into theaters. This isn’t a fleeting success; all signs point to Disney maintaining, if not strengthening,

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New Year, New Jitters? US Stocks Pause Amidst Regional Rotation and Fed Rate Watch

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The optimistic glow of the New Year’s rally in US stocks has momentarily dimmed, as investors take a breath, re-evaluate their positions, and brace for crucial economic indicators. After a robust start to 2024, characterized by widespread gains across major indices, the market has entered a phase of consolidation, marked by a notable shift towards

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Senegal’s Strong Tax Collection Paves Way for IMF Deal, Averting Debt Restructuring

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Senegal is charting a promising course towards economic stability, with robust first-quarter tax collections significantly bolstering its chances of securing a new International Monetary Fund (IMF) program. This positive development could prove crucial in helping the West African nation avoid the potentially painful process of debt restructuring, signaling a vote of confidence in its fiscal

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Close-up of an electric car being charged, highlighting eco-friendly transportation.

Lucid Group’s Ascent: Soaring Production, Skyrocketing Sales, and the Gravity of Future Success

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Lucid Group, the luxury electric vehicle manufacturer known for its groundbreaking Air sedan, closed out last year with remarkable momentum, posting significant increases in both production and sales. This impressive performance underscores the company’s determined efforts to scale its operations and solidify its position in the competitive, yet rapidly expanding, EV market. More than just

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Stunning view of the Prophet's Mosque minarets at sunset in Medina, Saudi Arabia.

Saudi Arabia’s 2026 Dollar Bond: Fueling a Future Beyond Oil

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Saudi Arabia is kicking off 2026 with a significant move in global financial markets, launching a benchmark-sized dollar bond. This issuance signals the Kingdom’s unwavering commitment to its ambitious economic diversification agenda, Vision 2030, and underscores its reliance on international borrowing to finance colossal projects designed to reshape its economy away from oil dependency. This

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Close-up of colorful oil barrels stacked outdoors in Mandalay, Myanmar.

OPEC+ Freezes Supply Amidst Global Surplus and Venezuelan Geopolitical Wildcard

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In a significant move for global energy markets, OPEC+ nations on Sunday reaffirmed their strategy to pause supply increases for the first quarter of the year. The decision, made during a closely watched meeting, comes as the world grapples with a burgeoning oil surplus and mounting geopolitical uncertainties, particularly concerning Venezuela. The group’s cautious approach

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