PAN-bank link on income tax website: NPCI enables real-time verification via API; faster refunds, fewer errors expected

The national payments corporation of India, NPCI, has introduced a new facility for real-time PAN and bank account validation on the Income Tax department’s e-filing website. Announced in a circular dated June 17, 2025, the initiative aims to streamline the verification process for taxpayers linking their PAN with their bank accounts.The facility, launched through a…

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Iran-Israel conflict hits rice exporters: India’s basmati exports to Iran stranded at ports; 1,00,000 tonnes stuck

Basmati rice exports: The cargo remains stationed at Gujarat’s Kandla and Mundra ports. (AI image) Israel-Iran conflict impact: Approximately 1,00,000 tonnes of basmati rice bound for Iran remain stuck at Indian ports as a consequence of the Israel-Iran hostilities, according to the All India Rice Exporters Association’s statement on Monday.After Saudi Arabia, Iran stands as…

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Army drone deal: India orders 450 Nagastra-1R units; SDAL touts reusable, precision strike edge

Indian Army places order of 450 NAGASTRA-1R loitering munitions from SDAL (Image credits: ANI) The Indian Army placed an order with solar defence and aerospace limited, SDAL, for approximately 450 units of its NAGASTRA-1R loitering munitions, the company said in a statement. The system is designed to be cost-effective and reusable, with launchers that can…

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Delhi-Meerut RRTS: Namo Bharat trains complete trial run in less than an hour at 160 kmph speed; full 82-km corridor to open soon

Trial run of the Namo Bharat trains (Image credits: PTI) Delhi-Meerut RRTS: Soon you may be able to zip between Delhi and Meerut in just an hour at 160 kmph on Namo Bharat trains. The National Capital Region Transport Corporation (NCRTC) has successfully completed the scheduled trial run of Namo Bharat trains on Sunday, covering…

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DGCA starts inspection of Air India’s main hub for aircraft airworthiness; surveillance planned before crash, say officials

The aviation regulator has implemented a reformed audit methodology to ensure greater thoroughness. (AI image) The DGCA will undertake a thorough assessment of Air India‘s primary facility in Gurugram. This planned evaluation, scheduled before the June 12 Ahmedabad plane crash, will verify aircraft documentation, airworthiness status, and crew-related records including training and duty hours, as…

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Nightmare scenario: How Iran, hit by US & Israel strikes, may choke world’s oil supply via Strait of Hormuz – explained

Iran’s strategic position along the Hormuz coastline provides various retaliatory possibilities against US strikes. (AI image) Will Iran choke the global oil supply by closing the Strait of Hormuz? Recent US military actions against Iran’s nuclear sites have highlighted Tehran’s potential to disrupt oil commerce, particularly via the strategically vital Strait of Hormuz.Experts consider a…

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Gold price prediction: What’s the gold rate outlook for June 23, 2025 week amidst Israel-Iran conflict – should you buy or sell?

Gold prices remained volatile throughout last week, hovering around the ₹1 lakh mark domestically. (AI image) Gold price prediction today: Gold is in focus with heightened geopolitical tensions between Iran and Israel and with the US bombing nuclear facilities in Iran. Will gold prices resume a conclusive upward trend amidst growing global uncertainties? Manav Modi,…

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