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The US has signed a $58.6 billion deal with Lockheed Martin for Patriot missiles, addressing urgent stockpile shortages amid rising tensions with Iran. This contract will triple production capacity, ensuring the US Army's air defense capabilities remain robust. The agreement also aims to enhance employment at Lockheed's facilities and supports the Pentagon's global weapons manufacturing initiatives.
βοΈ AI Verdict
"A big deal for defense, but let's hope it doesn't escalate tensions!"
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EPFO portal errors are jeopardizing job prospects for many subscribers. Overlapping employment records and missing data are causing employers to question applications. Legal experts clarify that these issues could lead to job rejections, highlighting the urgent need for EPFO system improvements. Understanding your rights as an EPF subscriber is crucial in navigating these challenges.
The ITR deadline approaches, with over 5 crore returns filed. Learn how to select the correct 'reason for filing ITR' on your tax return form to avoid confusion. This guide provides essential tips for taxpayers in India, ensuring a smooth filing process before the deadline.
A new study reveals that active large-cap funds have a 90% overlap in sectoral allocations with the Nifty 50 index. This suggests that investors may not achieve the diversification they seek. The findings indicate that even the largest funds closely mirror the index, raising questions about the effectiveness of active management in providing unique investment opportunities.
The income tax e-filing portal can process 1 crore ITRs daily, but experts warn against last-minute filings. Waiting until July 31 may lead to costly mistakes, as the government is unlikely to extend the deadline. Taxpayers should file early to avoid potential issues and ensure a smooth e-filing experience.