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Operation Sindoor: Fallout Hinges on Escalation Level, Says Former NITI Aayog Vice Chairman

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 The economic impact of rising tensions between India and Pakistan — tensions that intensified after India’s May 7 strikes on terror bases across the border — will largely depend on how the situation evolves in the coming days, according to Rajiv Kumar, former vice chairman of NITI Aayog. Speaking to Moneycontrol , Kumar noted that a prolonged conflict could trigger capital flight and place a heavy fiscal burden on the Indian economy, even though India has emphasized that Operation Sindoor was a precise, non-escalatory action. Concerns are mounting over the possibility of a full-scale military conflict after India targeted nine terror camps in Pakistan and Pakistan-Occupied Kashmir (PoK), following the deadly Pahalgam terror attack two weeks earlier that claimed 26 lives. “The fallout really hinges on how much the situation escalates,” Kumar said. “In the worst-case scenario, we could see foreign capital pulling out and a significant fiscal impact due to increased defence spend...
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Finance Ministry Unveils Draft Framework for India’s Climate Finance Taxonomy

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 The Department of Economic Affairs (DEA), under the Ministry of Finance, has released a draft framework for developing India’s Climate Finance Taxonomy . Announced on Wednesday for public feedback, the draft outlines the goals, principles, and approach that will guide the creation of this critical financial tool, according to an official statement. The framework lays out the methodology for identifying and classifying activities, projects, and measures that contribute to India’s climate commitments, while also supporting the country’s vision of achieving Viksit Bharat by 2047. The DEA has invited public comments on the draft until June 25, after which the final framework will be formalized. The purpose of India’s Climate Finance Taxonomy is to channel more resources toward climate-friendly technologies and activities, helping the nation move toward its ambitious goal of reaching net zero emissions by 2070 , while ensuring long-term access to affordable and reliable energy. “T...
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Moneycontrol Pro Panorama | Conflict Creates Headwinds, Trade Brings Tailwinds

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 The Panorama newsletter is curated exclusively for Moneycontrol Pro subscribers and is delivered on trading days. It not only compiles key stories from Moneycontrol Pro but also provides context around a significant event or trend investors should monitor. In 1999, during the Kargil conflict, India’s economy defied expectations. Despite heightened tensions and military engagement, GDP growth clocked in at 6.8 percent—outpacing forecasts from institutions like the International Monetary Fund (IMF). Looking back at various periods of conflict between India and Pakistan, a common thread emerges: economic resilience. While capital markets reacted with volatility and investor sentiment took a hit, the broader economy often recovered swiftly once the dust settled. Fast forward to today, tensions have flared once again. A terror attack on civilians in Pahalgam, Kashmir, has led to a sharp escalation, with India responding through targeted strikes on terror camps in Pakistan and Pakist...
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Find the Cheapest Flights Effortlessly with Product-Bank’s Smart Features

  find the cheapest flights  has never been easier than with   Product-Bank . By combining a vast flight database with smart tools, Product-Bank helps travelers save big on airfare. Product-Bank’s search engine includes both major and low-cost airlines, giving you a full spectrum of price options. This comprehensive search helps you discover flights that might not show up on other sites. With Product-Bank’s fare calendar, you can easily see which days offer the lowest prices. Even shifting your trip by one or two days can lead to major savings. The platform’s fare alert system notifies you about price drops, so you can book at the perfect moment. This saves you from overpaying or missing out on deals. Product-Bank also highlights flights with layovers that can be cheaper than direct routes, giving you more ways to save. Transparency is key: Product-Bank lists all additional fees, so you know the full cost before booking. Thanks to Product-Bank’s user-friendly features and...
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Leather Sofa: A Timeless Investment for Your Home

 A leather sofa is a classic piece of furniture that brings sophistication, comfort, and durability to any living space. Known for its luxurious appearance and lasting value, leather is a material that can stand up to the rigors of daily use while maintaining its beauty over time. If you're considering updating your home, a leather sofa is a smart investment that will continue to enhance your space for years to come. Unmatched Durability Leather is one of the most durable materials available for furniture. A leather sofa can withstand years of use without showing signs of wear. Leather is naturally resistant to stains, spills, and damage from pets, making it an excellent choice for families and active households. Over time, leather develops a unique patina that only enhances its appeal. This longevity makes leather an investment that pays off in the long run, as you won't need to replace it frequently. Simple to Care For One of the biggest advantages of owning a leather sofa ...
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The Ultimate Guide to Opening a Free Demat Account in India

 Step into the world of investments with zero setup costs.  Open  online  Demat Account  today and enjoy a seamless online trading experience. Manage your portfolio digitally and securely. Step-by-Step Guide to Demat Account Opening Evaluate Different Brokers Take time to compare brokers based on fees, services, and the trading platforms they offer to make the best decision. Choose the Most Suitable Account Type Depending on your trading frequency, select a basic services demat account (BSDA) for occasional investors or a standard account for active traders. Understand the Full Fee Structure Ensure that you are aware of all costs involved, including account maintenance, transaction fees, and other hidden charges. Prepare Documents in Advance Gather all necessary documents like PAN card, Aadhaar, bank account details, and proof of address to streamline the account opening process. Ensure Platform Security Prioritize brokers who provide strong security features li...
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Pernod Ricard Denies Breaching Indian Law; Lawyers Disagree: Report

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In a recent development, global alcoholic beverage giant Pernod Ricard has denied allegations of breaching Indian law. However, reports suggest that the company’s legal team has presented a different stance, signaling internal disagreements on the matter. According to a report, Pernod Ricard's lawyers reportedly acknowledged concerns related to its operations in India, though the company itself publicly rejected any wrongdoing. The discrepancy between the company's official denial and its legal team's admissions has raised questions regarding the potential regulatory issues the company might be facing in the Indian market. While the details of the legal issues remain unclear, sources indicate that Pernod Ricard's operations in India could be under scrutiny for compliance with local laws governing the production, distribution, and advertising of alcoholic beverages. The company, which is known for popular brands like Absolut Vodka and Chivas Regal, has yet to comment fur...
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