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Showing posts from April, 2025

India among top IPO markets with $2.8bn mop-up: EY

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lxHyw7e

Trump administration to offer relief to car manufacturers amid continued 25% tariff

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The US administration plans to implement measures by Tuesday to reduce the impact of automotive import tariffs, allowing manufacturers additional time to shift production to US soil. While the 25 per cent tariffs on imported vehicles and components will continue, they will be restructured to prevent overlap with other tariffs. The automotive industry responded positively to these changes. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Img5KXt

Stock more Rs 100, Rs 200 notes in ATMs: RBI

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bdQe71D

Address infra gaps to target 1bn UPI payments a day: FM Sitharaman

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HhBuKzU

Urban Company files for Rs 1,900 crore IPO with Sebi

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Urban Company has filed for an IPO with Sebi to raise Rs 1,900 crore, including a fresh issue of shares and an offer for sale by existing investors like Accel India and Elevation Capital. The company intends to use the funds for technological upgrades, office space, and marketing initiatives. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1jqwyml

Apps gave Apple $5.3 billion in India in 2024

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Apple's iOS app ecosystem in India has generated significant revenue, reaching $5.3 billion in 2024. This surge has propelled Apple's overall business engagement in India to nearly $27 billion, encompassing iPhone sales, exports, and app store transactions. Indian developers have greatly benefited, with their global earnings tripling in the last five years, marking a substantial economic impact. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/W7uwtk2

Huawei's AI chip to rival Nvidia's: Report

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yjWzZGB

Wall Street week ahead: Big tech results, jobs data, and inflation reports set stage for busy market week

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hwjdkyL

TCS leads as market cap of 6 six of top 10 most valued firms jumps by Rs 1.18 lakh crore

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Last week, six of India's top ten most valuable companies experienced a significant surge in their combined market valuation, totaling Rs 1,18,626.24 crore, driven by a broader market rally. TCS emerged as the top gainer, while Bharti Airtel saw the biggest drop in valuation. Reliance Industries retained its position as the most valued company. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VWgc5e6

India shines for global consumer goods giants despite urban demand slowdown and global market turmoil

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Despite global market challenges, India stood out for consumer goods companies. Urban demand is slow, but rural markets are improving. Firms like Unilever and P&G see India as a key growth driver. Premium products are doing well. Pernod Ricard and Heineken report strong demand. Companies are optimistic about India's growth potential in the current fiscal year. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nEhdOiy

Government unveils Rs 23,000-crore electronics components manufacturing scheme to boost domestic production

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The government has launched the Electronics Components Manufacturing Scheme (ECMS) with a budget of Rs 23,000 crore to enhance domestic electronics production. The scheme prioritizes firms with strong local design capabilities and quality standards. It aims to increase India's global electronics manufacturing share to 8 per cent and attract significant investments, creating numerous jobs and boosting production value. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5NaPoy7

Mahindra to acquire nearly 59% of SML Isuzu for Rs 555 crore

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Mahindra & Mahindra Ltd. has announced its strategic move to acquire approximately 59% stake in SML Isuzu for Rs 555 crore, purchasing shares at Rs 650 each. This acquisition includes Sumitomo Corporation's 44% stake and Isuzu Motors' 15% stake, triggering a mandatory open offer for public shareholders. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gHhafX2

RIL profit rises 6% to Rs 22.6k crore in Q4

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Reliance Industries reported a 6% rise in quarterly profit, reaching Rs 22,611 crore, driven by strong performances in its digital and retail sectors. This growth compensated for a 10% decline in the oil-to-chemicals unit's operating profit due to lower fuel cracks and polyester margins. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nABqEb6

CBDT: Can’t claim deductions for settlement under 4 laws

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The income tax department has announced that taxpayers cannot claim deductions for expenses related to settling legal proceedings under four specific laws. This notification, issued by the CBDT on April 23, disallows deductions for expenditures arising from contraventions or defaults under acts governing securities, contracts, depositories, and competition. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LFz0DJ6

ED detains BluSmart's Puneet Jaggi

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Puneet Jaggi, a promoter of Gensol Engineering, has been detained by the Enforcement Directorate. He will be questioned about alleged FEMA violations. The probe focuses on potential fund diversions for foreign exchange acquisition. Searches occurred in Delhi, Gurgaon, and Ahmedabad. Anmol Jaggi, his brother, is expected to be summoned soon. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8ymMILj

Pune company loses Rs 6.5 crore in cyber fraud

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8Wbgs0p

Like Voda Idea, now Airtel looks to convert govt’s statutory debt with equity swap

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UPI payments get ‘delegate access to contacts’ option

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Keg8cbY

'Unsustainable': US treasury sec calls Chinese export-driven model harmful

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US Treasury Secretary Scott Bessent criticized China's export-driven economic model as unsustainable, harming both China and the global economy. He defended President Trump's tariffs as a means to foster deeper collaboration and address policy choices that have weakened US manufacturing. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/eVdZgmq

ICAI to review Gensol and BluSmart financial statements

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ICAI will review Gensol Engineering and BluSmart Mobility's FY24 financial statements due to misconduct allegations. This decision follows SEBI's market ban on Gensol's promoters for fund siphoning. The FRRB will assess compliance, and irregularities may lead to disciplinary action and referral to regulatory authorities, while the ministry of corporate affairs considers action against Gensol. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/e4Pb3uq

1-yr extension for RBI dy guv T Rabi Sankar

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DwVUWjr

HDFC Bank 3rd Indian co to top Rs 15L cr mcap mark

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fX0IpT6

RRB ALP CBT 2 mock test link 2025 activated, exam on May 2 and 6: Check how to attempt here

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The Railway Recruitment Board has activated the mock test link for the RRB Assistant Loco Pilot CBT 2 Exam 2025, allowing candidates to familiarize themselves with the exam pattern. Scheduled for May 2 and 6, 2025, this exam aims to fill 5,696 ALP posts. The CBT 2 includes Part A and Part B, with specific qualifying marks for each. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/fkvVgLP

'Digital deposits must get higher risk rates'

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7Tg3n6U

Government to take action against Gensol after looking at Sebi order

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/btVylDe

KVIC crosses Rs 1.7 lakh crore turnover, 50% rise in employment generation

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Khadi and Village Industries Commission achieves a historic milestone. Turnover surpasses ₹1.70 lakh crore for the first time. Production and sales see significant growth over the past 11 years. Employment generation rises, benefiting nearly 2 crore individuals. Pradhan Mantri Employment Generation Programme supports rural employment. Gramodyog Vikas Yojana receives increased funding. KVIC distributes machines and toolkits to boost micro-enterprises. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GYIR2eX

Auto exports rise 19% to 53.6L units in FY25

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/odr61qa

MTNL defaults on PSU bank loans worth Rs 8,346 crore

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5zvxn2k

DHL to suspend B2C shipments over $800 to US citing new customs rules

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DHL Express will temporarily halt B2C shipments over $800 to the US starting April 21 due to stricter customs regulations. The new rules, effective April 5, lowered the formal entry processing threshold from $2,500. While B2B shipments continue, delays are expected, and shipments under $800 remain unaffected as DHL adapts to the changing compliance landscape. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Pufc0z6

AIIMS NORCET 8 result for stage 1 released: Direct link to download scorecards and cut-off percentile here

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The All India Institute of Medical Sciences (AIIMS) has declared the NORCET 8 Stage 1 results for Nursing Officer recruitment. Held on April 12, the exam saw 68,074 candidates appear, with 38,173 qualifying. A total of 11,472 candidates have been shortlisted for Stage 2, scheduled for May 2. Results are available at aiimsexams.ac.in. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/SjUq9l0

Tariffs, labour costs push jet prices higher

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Commercial plane prices are soaring, driven by supply chain disruptions, rising material costs, and geopolitical factors like the exclusion of Russian titanium. US President Trump's tariffs on steel and aluminum further exacerbate the issue. Labor costs are also increasing, with Boeing and Spirit AeroSystems agreeing to significant wage hikes. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KcWk3Ex

TS Inter results 2025 expected soon: Check how to download marksheets here

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The Telangana State Board of Intermediate Education is expected to announce the TS Intermediate Results 2025 in April. Students from both General and Vocational streams can access their results online using their hall ticket number. The provisional mark sheets will be available on tsbie.cgg.gov.in and results.cgg.gov.in, with original documents to be collected from schools. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/YciHkMv

'No settlement without backing of Byju's creditors'

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The National Company Law Appellate Tribunal (NCLAT) has dismissed attempts to halt insolvency proceedings against Byju's without creditor approval, reinforcing the authority of the Committee of Creditors (CoC). NCLAT upheld that any settlement proposal after CoC formation requires 90% creditor consent, as per the Insolvency and Bankruptcy Code. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tdvbwOJ

For Fiscal Year26, Infosys projects 0-3% revenue growth

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Infosys projects a modest 0-3% revenue growth for 2025-26, citing macroeconomic uncertainties and cautious client spending. This marks one of the company's weakest forecasts in over a decade, excluding pandemic-related suspensions. While revenue growth fell short of projections in 2024-25, Infosys retains its margin guidance of 20-22% amidst client discussions on cost efficiency. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/a7rNmBi

Sensex soars 3k points in 3 days to top 78k, erases year’s losses

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Despite Wall Street's turmoil fueled by trade war anxieties and cautious Fed remarks, Indian stock markets witnessed a significant rally. Banking and financial stocks, along with Reliance Industries, spearheaded the surge, reversing an early decline. Positive monsoon forecasts and easing inflation ignited hopes for RBI rate cuts, attracting substantial foreign investment and boosting investor wealth. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uGb5qWf

Are NSE, BSE, and MCX closed on Good Friday? - Check official holiday calendar

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Indian stock markets, including NSE and BSE, will be closed on April 18, 2025, for Good Friday. Trading will be suspended across all segments, encompassing equities, derivatives, and the SLB platform. The MCX will also remain shut, affecting commodity trading. Regular trading activities will resume on Monday, April 21. Good Friday is among the 14 scheduled market holidays in 2025. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ST1zXQ0

ITC to acquire 24 Mantra Organic brand for Rs 472.5 Crore

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ITC Ltd is set to acquire Sresta Natural Bioproducts, the company behind 24 Mantra Organic, for Rs 472.50 crore. This acquisition will strengthen ITC's presence in the rapidly growing organic packaged foods market, both in India and internationally. The deal aligns with ITC's ‘ITC Next’ strategy, focusing on health and wellness products. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/a7CvZDI

Gold hits record $3,300/oz, closes in on Rs 1L/10gm mark

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Amid escalating US-China trade tensions, gold prices have surged to unprecedented levels, exceeding $3,300 per ounce internationally and nearing Rs 1 lakh per 10 grams in India. This surge, driven by safe-haven demand, has dampened consumer appetite, with gold selling at a discount. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/38AIupz

'Wait for greater clarity': US Fed to hold off altering interest rates

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Federal Reserve Chair Jerome Powell announced a hold on interest rate changes, awaiting clarity on President Trump's economic policies. Uncertainty surrounds immigration, tax policy, regulation, and trade tariffs. While tariffs are expected to cause short-lived inflation and slower growth, opinions diverge among Fed officials. Some, like Waller, downplay long-term tariff impacts, while others prioritize inflation control. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TvRQEwu

At $437.4 billion, exports of goods top last year's level

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India's goods exports marginally increased to $437.4 billion in 2024-25, possibly influenced by anticipatory shipments before potential US tariffs. Despite global challenges, total goods and services exports rose by 6% to $820 billion, with non-oil exports reaching a record $374 billion. Engineering and electronics exports saw significant growth, highlighting India's resilience in a tough economic climate. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/htveJx2

Retail inflation dips to nearly 6-yr low of 3.34%

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India's retail inflation hit a 5-year low of 3.3% in March, driven by significantly lower food prices. This development is expected to prompt the RBI to cut interest rates to bolster growth amid global economic uncertainties. Experts anticipate retail inflation to remain stable, although geopolitical tensions and weather events require monitoring. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1j28g0u

Nvidia to build up to $500bn of AI gear in US, a first

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Nvidia is set to manufacture up to $500 billion in AI infrastructure within the US over the next four years through strategic partnerships. Production of their Blackwell AI chip has commenced at TSMC's Phoenix facility. This initiative marks the first instance of AI supercomputer production in the United States, a move attributed to tariffs by President Trump. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aHrUGZs

SBI trims FD rates by 10bps after RBI cut

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Following the RBI's rate cut, SBI has reduced its deposit rates by 10 basis points across select tenors, while keeping MCLR-linked lending rates unchanged. The EBLR, linked to the repo rate, has been reduced by 25 basis points, lowering home and personal loan interest rates. Other banks are expected to follow suit, with HDFC Bank already cutting savings account rates. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/4HUQye7

Big Tech drives Wall St rally after wild, wild week

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lUmnzb3

TCS's new COO Aarthi breaks IT glass ceiling

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Aarthi Subramanian is poised to become TCS's first woman COO and the first woman C-suite executive at a major Indian IT firm, marking a significant milestone for gender diversity in the industry. Having served as the group chief digital officer at Tata Sons, she brings extensive experience and a deep understanding of TCS to her new role. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hRlbBQ5

Haryana CM announces full scholarships for SC & OBC students in medical, engineering courses nationwide

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Haryana Chief Minister Nayab Singh Saini announced full scholarships for Scheduled Caste and Other Backward Class students. This will be for medical and engineering courses in government colleges. The state government will create a portal for this initiative. The announcement occurred at Mahatma Jyotiba Phule's birth anniversary event in Gurugram. Several prominent leaders attended the event. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/rUbWBsh

Odisha University (Amendment) Act, 2024 comes into effect, marking major reforms in higher education

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The Odisha University (Amendment) Act, 2024, has been enacted, ushering in significant reforms to the state's higher education system. This act grants universities autonomy in teacher recruitment through expert committees, replacing the OPSC. It also reintroduces the Senate for broader participation in decision-making and enhances financial oversight with new committees and audits, aiming for improved academic excellence and accessibility. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/cTUWDLX

Asian tech stocks climb amid mixed signals on tariff reprieve

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Technology stocks surged following a temporary pause in tariffs on phones, computers, and consumer electronics, announced by the Trump administration. Apple shares notably climbed, and Asian tech stocks experienced a boost. Despite the positive market reaction, officials cautioned that tech tariffs are still anticipated in the near future, creating uncertainty about ongoing trade negotiations with China. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0NIXCg7

JEE Main 2025 session 2 answer key: Objection window closing today, Direct link to raise challenge here

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The National Testing Agency (NTA) will close the objection window for the JEE Main 2025 Session 2 answer key today, April 13, 2025, at 11:50 PM. Candidates can challenge the provisional answers by visiting jeemain.nta.nic.in, paying a ₹200 non-refundable fee per question. The answer key was released on April 11, 2025, and objections must be submitted through the official portal. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/5dLuBMk

KEAM admit card 2025 released: Direct link to download hall tickets here

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The KEAM 2025 admit cards have been released by the Kerala Commissioner for Entrance Examinations on April 13, 2025. Candidates appearing for the engineering and pharmacy entrance exams can download their hall tickets from cee.kerala.gov.in. The exams will be conducted in CBT mode across scheduled dates in April, featuring multiple-choice questions in an objective format. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/lXdOwGu

JEE Mains 2025: What is the difference between mark and percentile?

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Many JEE Main aspirants struggle to differentiate between marks, percentiles, and ranks—key indicators of performance in this highly competitive exam. This article clearly explains how raw scores translate into percentile scores and how ranks are determined using a normalisation process. It also outlines the critical factors influencing the marks vs percentile vs rank equation in 2025. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/51oYZRy

One in 3 merchant payments involves credit: Fintech report

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CGzyKRT