US-Iran war: Moody’s confident India can withstand fiscal deficit target breach without impacting rating

Concerns over the country’s fiscal outlook intensified after crude oil prices surged amid the conflict in the Middle East. (AI image) US-Iran war impact: India is well positioned to absorb a fiscal deficit that may be more than the current projections this year without putting its investment-grade sovereign rating at risk, according to Moody’s Ratings,…

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IIFCL plans $1 billion overseas loan, also eyes $400 million ADB funding to back infrastructure push

State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning to raise $1 billion from overseas investors in what could become its largest foreign-currency loan, while also holding talks with the Asian Development Bank (ADB) for a separate $400 million loan, a senior company executive told Reuters. State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning…

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6 financial changes from July 1: What changes for ITR, Aadhaar, passport fees and bank rules

Several financial changes will come into effect from July 1, 2026, impacting taxpayers, bank customers, credit card users, passport applicants and Aadhaar holders. From changes in credit card benefits and passport charges to new RBI rules against mis-selling. Several financial changes will come into effect from July 1, 2026, impacting taxpayers, bank customers, credit card…

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Stock Market Live Updates Today: BSE Sensex opens in green; Nifty50 above 24,050 on US-Iran conflict uncertainties; crude oil edges up

Sensex Today Live: Cautious start expected “Indian equity markets are expected to open on a flat-to-cautiously positive note, with Gift Nifty trading at 24,100, down by 5 points. Asian markets were mixed in early trade as investors assessed month-end portfolio rebalancing flows while closely monitoring developments surrounding the reported US-Iran ceasefire and upcoming diplomatic discussions….

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