Why did the stock market crash today? BSE Sensex ends over 700 points down, Nifty50 below 24,000; top reasons for fall

Oil prices surged to a two-month high on Wednesday amid growing fears of additional supply disruptions. Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, crashed in trade on Wednesday, losing over 1% in intraday trade. Investors turned risk-averse amid the escalating US-Iran conflict, renewed tariff threats from US President Donald…

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Universal provident fund scheme: How PF for gig workers, self-employed could work & why it would be a game-changer

Experts say that if implemented, this could be one of the most significant expansions of India’s social security framework in recent decades. A Universal Provident Fund Scheme that includes workers in the unorganised sector, gig workers and the self-employed is in the works with an aim to provide retirement security to the population. In what…

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India-Us Trade Deal: ‘We literally have the paper’: US says India trade deal could be signed in months

The report argues that the US has increasingly adopted a negotiation strategy built around uncertainty (Representative image) A long-awaited India-US trade agreement could be signed within the next three to four months, with negotiations between the two countries now virtually complete, a senior US official said on Wednesday.Speaking on the sidelines of the Asean Foreign…

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Karnataka sees fastest FDI rise among major states

Karnataka saw FDI flows nearly double to $13 billion NEW DELHI: Karnataka saw FDI flows nearly double to $13 billion during the last financial year as tech investors and global capability centres (GCCs) flocked to India’s Silicon Valley, while Maharashtra, the top destination, saw a dip in inflows after two years.Haryana, Tamil Nadu, Rajasthan, Uttar…

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