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Service charge row: CCPA cracks down on 27 restaurants for mandatory levy; refunds, penalties ordered

The Central Consumer Protection Authority (CCPA) on Saturday said it has taken suo motu action against 27 restaurants across the country for mandatorily levying service charges on customers, holding the practice to be a violation of consumer law.The restaurants have been fined up to Rs 50,000, directed to refund the service charge collected from consumers,…

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Oil Not Well: Why ExxonMobil and others think Venezuela’s current environment is ‘uninvestable’ | Business

President Donald Trump speaks with Chief Executive Officer and Chairman of ExxonMobil Darren Woods, left, while Chairman, President and Chief Executive Officer of Marathon Petroleum Maryann Mannen, right, and Tallgrass Energy President and Chief Executive Officer Matt Sheehy, far right, look on during a meeting with oil executives in the East Room of the White…

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Infra push: Andhra Pradesh Cabinet clears Dagadarthi greenfield airport in Nellore; to become state’s 8th airport

The Andhra Pradesh Cabinet has approved the Dagadarthi greenfield airport project in Nellore district, giving a major push to the state’s aviation and industrial infrastructure, PTI reported citing officials.With this approval, Dagadarthi will become Andhra Pradesh’s eighth airport, strengthening the state’s plans to build a multimodal logistics and industrial network, they added.Strategically located, the proposed…

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Digital payments push: PhonePe PG rolls out ‘Bolt’ for Visa, Mastercard cards; enables one-click in-app checkout

PhonePe Payment Gateway on Saturday launched ‘PhonePe PG Bolt’ for Visa and Mastercard credit and debit card transactions, aiming to offer a faster and more secure in-app checkout experience for users and merchants, PTI reported.The solution uses device tokenisation to enable secure payments within apps for users on the PhonePe platform as well as merchant…

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‘Both side worked to narrow divergences’: India, EU push officials to fast-track FTA negotiations; here’s what commerce ministry said

India and the European Union have asked their officials to resolve outstanding issues and accelerate negotiations to finalise the proposed free trade agreement, according to an official statement issued on Saturday, PTI reported.Commerce and Industry Minister Piyush Goyal and EU Commissioner for Trade and Economic Security Maros Sefcovic met in Brussels to review the status…

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India office leasing touches record 86.4 mn sq ft in 2025: Knight Frank

India’s office real estate market posted its strongest performance on record in 2025, with annual gross leasing touching an all-time high of 86.4 million square feet, according to Knight Frank India’s latest India Real Estate – Office and Residential Market (H2 2025) report.Leasing activity rose 20% year-on-year, surpassing the previous peak achieved in 2024 and…

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Trump’s 500% tariff pressure & global crude supply shock risks: Where does India’s oil security stand?

Recent geopolitical tensions and Trump tariffs on India highlight the need for India to step up focus on its energy security. (AI image) Oil is called black gold – and for a reason – it’s the fuel that drives economic growth and oil security is increasingly becoming crucial in a world fraught with geopolitical uncertainties…

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US 500% tariff threat: Garment exporters will ‘have to take risk’; traders brace for next shock

As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…

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‘If you want to go in…’: Oil chiefs express caution as Trump pushes oil plan — what happened at the meeting

US President Donald Trump held talks with senior oil executives on Friday (local time), pushing them to consider investments in Venezuela’s oil sector following the capture of President Nicolas Maduro. While Trump presented the country as newly secure and open for business, industry leaders responded cautiously, with one major executive saying Venezuela remains “uninvestable” without…

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