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Business

Italian Government Conditionally Approves Unicredit's Strategic Acquisition of Banco BPM

The Italian cabinet has conditionally approved Unicredit's acquisition of Banco BPM, despite legal concerns from Forza Italia over the use of golden power. The deal progresses unde...

Business

Ford Halts High-End Vehicle Shipments to China Amid Escalating Trade War Tensions

Ford Motor Company stops shipping select high-end vehicles to China to avoid trade war tariffs, with potential price increases on the horizon due to U.S. import tariffs.

Business

Federal Reserve Greenlights Capital One's Historic $35.3B Merger with Discover Financial

The Federal Reserve has approved Capital One's $35.3 billion merger with Discover Financial Services, a move that promises to reshape the financial services landscape. The deal, wh...

Business

Startups Enjoy Tax Breaks and Scrutiny-Free Status: A Boost from the Income Tax Department

The Income Tax Department offers tax exemptions and no scrutiny for DPIIT-recognized startups, supporting the ecosystem. Non-compliant companies may face examinations. The 2019 ref...

Business

EU Reportedly Postpones Action Against Apple and Meta Amid US Tariff Negotiations

The European Union has postponed penalizing Apple and Meta amid trade negotiations with the US, focusing on issues like personalized ads on Meta platforms and Apple's App Store pay...

Business

Government Clarifies: No GST on UPI Transactions Above Rs 2000, Dismisses Rumors as Baseless

The government has denied rumors of imposing GST on UPI transactions over Rs 2000, stating no such proposal exists. UPI's growth is supported by government incentives, with transac...

Business

Nintendo Unveils Start Date for Switch 2 Pre-Orders in the US with Exclusive Bundle Details

Nintendo confirms US pre-orders for Switch 2 start April 24, priced at $449.99, with a Mario Kart World bundle at $499.99. Launch set for June 5, 2025, despite tariff delays.

Business

CBIC Streamlines GST Registration: A 7-Day Approval Guarantee to Boost Business Efficiency

The CBIC has mandated a 7-day GST registration approval process to address delays and unnecessary documentation, streamlining business operations and ensuring fairness.