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Moonlighting on rise, IT cos tighten checks

BENGALURU: Amid low single-digit salary hikes and growing job market unpredictability, the IT industry is witnessing a sharp rise in moonlighting-related verifications. Companies now scan for overlapping employment – clear indicators of concurrent roles or undisclosed prior engagements. Such discrepancies are automatically flagged and escalated for client review. The final determination of risk or policy…

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Prada-Kolhapuri row: Fashion giant to meet Maharashtra industry body; India seeks fair recognition, ethical collaboration

Italian luxury fashion house Prada is set to engage in a high-level virtual meeting with the Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA) on July 11 to explore a possible collaboration on a Kolhapuri chappal-inspired men’s sandal line. The discussions come in response to growing calls for recognition of Indian craftsmanship after the brand…

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Housing trends H12025: Home prices rise up to 14% in top cities led by premium demand; nearly half of all sales now in Rs 1 crore-plus segment

India’s residential real estate market witnessed a broad-based increase in home prices in the first half of 2025, led by surging demand for premium homes. With a growing share of high-value transactions and sustained end-user appetite for upscale living, the pricing momentum has clearly shifted upward.Average housing prices rose across all major cities, with the…

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Sugar sector milestone: Industry hits Rs 1.3 lakh crore mark; Union minister Pralhad Joshi says growth fuels rural prosperity & energy security

India’s sugar sector has grown into a Rs 1.3 lakh crore annual industry, playing a key role in rural development, energy independence, and green fuel production, Union Food minister Pralhad Joshi said on Thursday.Speaking at the ‘Cooperative Sugar Industry Conclave 2025’ and ‘National Efficiency Award Ceremony’, Joshi credited policy reforms under Prime Minister Narendra Modi’s…

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Defence outperforms sectoral indices; surges 34.82% in six months, far ahead of Nifty – is the rally sustainable?

India’s defence sector has taken pole position among all sectoral indices, delivering a 34.82% return over the past six months — a performance that stands out against Nifty’s 5.49% gain and declines in IT and pharma. While most sectors struggled or stayed flat, defence stocks rallied on the back of strong order visibility, execution, and…

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Gold price outlook: Bullion may be near its peak as global tailwinds fade; Citi, BMI and Motilal warn of downside after 40% rally

After soaring over 40% in the past year and hitting record highs, gold prices may be running out of steam. Analysts and research houses including Citi, Motilal Oswal, and Fitch unit BMI have raised caution flags, pointing to shifting macroeconomic conditions that could undercut the yellow metal’s recent safe-haven strength.The run-up in gold prices has…

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Donald Trump’s tariff impact on trade: India may benefit from lower US duties; Moody’s sees manufacturing boost amid APAC disruption

India may face fewer tariff headwinds from the US than many of its Asia-Pacific peers, helping the country attract greater investment flows and strengthen its position as a global manufacturing hub, Moody’s Ratings said on Thursday.The ratings agency, in its outlook on APAC sovereigns, noted that several export-heavy economies across the region were hit by…

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Radhakishan Shivkishan Damani portfolio: Ace investor’s NSE stake hits Rs 9,300 crore ahead of IPO; exchange becomes his No. 2 holding by value after DMart

As the National Stock Exchange (NSE) moves closer to its long-awaited IPO, ace investor Radhakishan Damani‘s early-stage investment in the bourse is delivering massive paper gains. His 1.58% stake—equivalent to 3.91 crore shares—is currently valued at around Rs 9,300 crore in the unlisted market, based on the latest grey market price of Rs 2,389 per…

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