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Russian President Vladimir Putin's order for a three-day truce with Ukraine took effect Thursday. This move, the Kremlin, said would test Kyiv's readiness for peace but that Ukraine has slammed as a farce. The Kremlin has said Russian forces will honour Putin's order for the duration of the holiday period, but will respond "immediately" if attacked.
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BSE has alerted Indian market participants to heighten their cybersecurity defenses following a warning from CERT-In about ongoing cyber threats targeting the BFSI sector. The advisory urges firms to reinforce security controls, conduct risk assessments, and enhance threat monitoring to mitigate potential attacks like ransomware and DDoS. This action follows increased tensions after recent events.
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Reserve Bank of India may give a record dividend to the government. This could offset tax revenue shortfalls due to slow growth. Economists predict a payout between 3 to 3.5 trillion rupees. The windfall will help bridge the gap in tax collections. Government can use this to increase spending on social welfare.
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