India becomes Asia’s new snack supplier: Processed potato exports surge 450%; GTRI credits Gujarat, UP

India becomes Asia’s new snack supplier: Processed potato exports surge 450%; GTRI credits Gujarat, UP

India’s processed potato exports surge 450% India’s processed potato products are making significant inroads into Southeast Asian markets, hugely driven by demand for snacks and convenience foods, according to a report by Global Trade Research Initiative (GTRI).Exports of dehydrates potato granules and pellets reached $63.3 million in FY2025, jumping from $11.4 million in FY2022. Other…

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Funds sent abroad for studies fall to 8-year low

Funds sent abroad for studies fall to 8-year low

MUMBAI: India’s outward remittances for overseas education fell 24% year-on-year to about $0.32billion in Aug 2025 from $0.42billion in Aug 2024. The figure was the lowest for Aug since 2017, a month that typically sees higher remittances at the start of the academic season in US.“The 24% fall in education remittances highlights how closely India’s…

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India Inc Q2 earnings: Revenue grows 6%, says Crisil report; notes slower growth in IT, steel

India Inc Q2 earnings: Revenue grows 6%, says Crisil report; notes slower growth in IT, steel

India Inc’s revenue grew by up to 6 per cent in the July-September quarter, according to a report released on Thursday by an arm of domestic rating agency Crisil, as it analysed the performance of 600 companies for the quarter.“Corporate revenue is expected to have grown a modest 5-6 per cent on-year in the July-September…

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Trump pardons Binance founder: Changpeng Zhao accused of money laundering; crypto billionaire reacts

Trump pardons Binance founder: Changpeng Zhao accused of money laundering; crypto billionaire reacts

Changpeng Zhao, left, and US President Donald Trump US President Donald Trump on Thursday pardoned Binance founder Changpeng Zhao, who pleaded guilty of enabling money laundering while leading the cryptocurrency exchange.“President Trump exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency,”…

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Trump’s sanctions on Russian oil firms: Will India’s state-run refiners continue imports? Why experts see limited impact

Trump’s sanctions on Russian oil firms: Will India’s state-run refiners continue imports? Why experts see limited impact

India’s state-run oil refiners are expected to continue importing Russian crude through intermediary traders despite fresh US sanctions on Rosneft PJSC and Lukoil PJSC, two of Russia’s largest oil companies, industry sources told PTI. The sanctions target firms accused of helping fund the Kremlin’s “war machine” in Ukraine.The sanctions, announced this week, cover companies that…

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‘No basis in international law’: China slams US sanctions on Russian oil giants; hits out at EU for targeting Beijing firms

‘No basis in international law’: China slams US sanctions on Russian oil giants; hits out at EU for targeting Beijing firms

Chinese President Xi, left, and US President Donald Trump China on Thursday strongly criticised the latest US sanctions imposed on Russia’s two largest oil companies, Rosneft PJSC and Lukoil PJSC, calling the move “unilateral” and “lacking any basis in international law.“Addressing a daily press briefing in Beijing, foreign ministry spokesman Guo Jiakun said, “China consistently…

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Tata Technologies reacts to Trump’s H-1B fee hike: Plans to recruit more local staff in US; here’s what it said

Tata Technologies reacts to Trump’s H-1B fee hike: Plans to recruit more local staff in US; here’s what it said

Tata Technologies plans to recruit more local staff in US Tata Technologies on Friday said it will recruit more local staff in the United States as a response to the Donald Trump administration’s revised visa rules.“As we react and respond to the change in legislation in and around visas, it will mean that we will…

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UK updates immigration and university fee policies: Expedited visa, sponsorship costs rise – see details

UK updates immigration and university fee policies: Expedited visa, sponsorship costs rise – see details

The United Kingdom has announced fresh hikes for in-country expedited immigration services, effective October 21, Tuesday, continuing a trend of significant hikes over the past two years.Expedited processing of sponsorship management requests for worker, temporary worker, or student sponsors now costs GBP 350, up 75% from GBP 200. Meanwhile, priority service for sponsor licence applications…

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More sanctions for Russia! After US, EU announces penalties for Russian oil; efforts to push Putin into peace talks

More sanctions for Russia! After US, EU announces penalties for Russian oil; efforts to push Putin into peace talks

After United States, the European Union has also imposed sanctions on Russia, targeting the country’s oil industry in efforts to intensify international efforts to block the funds that Moscow depends on to sustain its invasion of Ukraine.Earlier on Wednesday, US President Donald Trump had announced sanctions on Russian oil firms.Ukrainian President Volodymyr Zelenskyy welcomed the…

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New bank nomination rules 2025: Opt for up to four nominees from November 1; top points to know

New bank nomination rules 2025: Opt for up to four nominees from November 1; top points to know

Account holders have the choice to select either simultaneous or successive nominations based on their requirements. (AI image) New bank nomination rules 2025: There is good news for bank customers! From November 1, 2025 you can now add up to four nominees for your accounts. From November 2025, banking customers will have the flexibility to…

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