The Times of India - Business (33 minutes ago)
Following the Air India Flight AI171 crash in Ahmedabad, Boeing has pledged its support to the ongoing investigation led by the Aircraft Accident Investigation Bureau. The preliminary report reveals a dual engine failure shortly after takeoff, leading to the tragic crash that claimed 260 lives.
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The United States is considering an interim trade agreement with India, potentially setting tariffs below 20%, a more favorable position than other regional nations. While many countries face tariff hikes, India may avoid a formal notice.
ReadThe Hindu - Business (2 hours ago)
Located at Unit G 1B, 2 North Avenue, Maker Maxity, BKC, the premier Central Business District (CBD) of Mumbai, the 4,000-square-foot retail space will serve as a hub for premium electric car customers to explore Tesla's products and services at one place in the lap of luxury.
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Silver prices in India soared to a record high, surpassing Rs 1.11 lakh per kilogram, driven by global trade tensions and expectations of a dovish US Federal Reserve. This surge mirrored international trends, with spot silver climbing to $37.19 an ounce. Investors sought safe-haven assets amid geopolitical risks and tariff-related uncertainties,...
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Tesla has officially entered the Indian market, securing a trade certificate from the Maharashtra transport department. This allows the EV giant to commence sales, display vehicles, and offer test drives, with the inaugural showroom slated to open in Mumbai on July 15. The company plans to launch its Model Y initially, marking a significant step in...
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To enhance toll plaza efficiency and prepare for digital upgrades, NHAI is cracking down on 'loose FASTags'. This move aims to ensure FASTag authenticity and ETC system integrity before implementing annual passes and multi-lane free flow tolling. NHAI will blacklist reported 'tag-in-hand' violations, addressing issues like false chargebacks and...
ReadThe Times of India - Business (13 hours ago)
Switzerland has ratified the India-EFTA Trade and Economic Partnership Agreement, set to take effect in October. This landmark deal, signed after 16 years of negotiations, aims to boost trade and investment between India and EFTA nations. Swiss Ambassador Maya Tissafi anticipates $100 billion in investments and 10 lakh jobs in India over 15 years.
ReadThe Times of India - Business (13 hours ago)
India's net direct tax collections experienced a slight decrease of 1.34% year-on-year, totaling Rs 5.63 lakh crore between April 1 and July 10 of FY26, primarily due to a significant surge in refunds issued. Gross direct tax collections, before refunds, saw a modest rise of 3.17%, reaching Rs 6.65 lakh crore. The government aims for Rs 25.
ReadThe Times of India - Business (13 hours ago)
Reliance Infrastructure sees its credit rating soar. India Ratings and Research elevates the company's rating significantly. This follows Reliance Infra's successful debt reduction. The company now boasts net zero debt. Timely debt servicing and settlements with subsidiary lenders also contributed. However, risks related to liabilities and...
ReadThe Times of India - Business (13 hours ago)
Indian defence stocks experienced a downturn on Thursday as investors engaged in profit booking after a robust three-month rally. The Nifty India Defence Index declined by 2%, with Bharat Dynamics leading the losses after a 'neutral' rating from Motilal Oswal. Analysts attribute the correction to stretched valuations and easing geopolitical...
ReadThe Times of India - Business (14 hours ago)
India's foreign exchange reserves experienced a decline of $3.049 billion, reaching $699.736 billion for the week ending July 4, as per RBI data. This decrease was primarily driven by a significant drop in foreign currency assets, although gold reserves and SDRs saw increases. The reserves are crucial for managing external vulnerabilities and...
ReadThe Times of India - Business (15 hours ago)
The Reserve Bank of India (RBI) has penalized HDFC Bank Rs 4.88 lakh for violating norms related to foreign investment while granting a term loan. Additionally, Shriram Finance Limited faces a Rs 2.70 lakh penalty for non-compliance with digital lending directions, specifically regarding loan repayments routed through a third-party account instead...
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US stocks declined on Friday, reversing course from record highs due to President Trump's new tariff threats, including a 35% levy on Canadian imports. The S&P 500, Nasdaq, and Dow all fell, while European and Asian markets showed caution. Levi Strauss stood out with a 7% jump after exceeding expectations.
ReadThe Times of India - Business (15 hours ago)
The government introduces a scheme to promote electric trucks. It is under the PM E-DRIVE initiative. The scheme offers incentives up to Rs 9.6 lakh per vehicle. A total of Rs 500 crore is allocated for e-truck incentives. The aim is to support adoption of electric trucks in various industries. Scrapping old trucks is mandatory for availing the...
ReadThe Times of India - Business (17 hours ago)
TCS employees face further delays regarding salary hike decisions, as the company cites ongoing business uncertainties. The IT giant's attrition rate edged up to 13.8% in the June quarter, while workforce size increased. Despite a modest 6% rise in net profit, sales dipped by 3% in constant currency, impacting deal momentum due to US tariffs.
ReadThe Times of India - Business (18 hours ago)
Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in trade on Friday. Analysts noted that uncertainties regarding tariffs and mixed global market conditions contributed to the downward pressure.
ReadThe Times of India - Business (19 hours ago)
Britain's economy faces a setback. GDP declined for the second month in May. This surprises economists who expected growth. Industrial output and construction declined. The Bank of England may cut interest rates. The Labour government needs to boost growth. Finance Minister Rachel Reeves acknowledges disappointment. The economy had a strong first...
ReadThe Times of India - Business (19 hours ago)
Investor Akshat Shrivastava ignited a debate on financial freedom with a bold post on X, outlining five lessons for escaping the middle-class trap in India. He emphasises earning and hustling over solely relying on investments, advocating for high-return strategies to beat inflation.
ReadThe Times of India - Business (19 hours ago)
India has declined Australia's request for lower tariffs on dairy and alcohol. This move has caused a delay in the second phase of their trade agreement. The primary disagreements revolve around dairy and wine tariffs. India is concerned about the impact on its farmers and domestic industries. Despite this, both countries remain committed to...
ReadThe Times of India - Business (20 hours ago)
Trade negotiations between the US and China are progressing slower than anticipated, potentially leading to extended tariff deadlines. Deadlock persists, with limited progress in finalizing a deal. China's dominance in rare earth metal supply, controlling 90% of global capacity, poses a threat to the global automobile industry, particularly...
ReadThe Times of India - Business (20 hours ago)
Amidst ongoing discussions for an interim trade agreement, the US has again raised concerns at the WTO regarding India's dairy certificate requirements, deeming them unnecessary obstacles for American exports. India has also proposed retaliatory tariffs against the US on steel and aluminium.
ReadThe Times of India - Business (20 hours ago)
ONDC is considering reinstating subsidies for food delivery partners with a Rs 100-150 crore incentive pool, aiming to boost order volumes. This reverses a previous policy amid concerns over declining orders, which fell from 6.5 million in October 2023 to 4.1 million in May 2025.
ReadThe Times of India - Business (21 hours ago)
India is set to focus on domestic production of rare earth magnets with a Rs 1,345 crore investment, aiming to reduce reliance on China, which controls a huge chunk of global processing. This move follows China's export restrictions on these crucial materials.
ReadThe Times of India - Business (21 hours ago)
India anticipates the commercial launch of satellite communication services as early as December, with Starlink, Reliance Jio-SES, and Bharti-backed Eutelsat OneWeb securing necessary approvals. Spectrum allotment delays previously hindered launches, costing potential revenue.
ReadThe Times of India - Business (23 hours ago)
Meta Infotech shares listed strongly on the BSE SME platform. The IPO opened at Rs 225, a significant jump from its initial price. The public offering saw massive oversubscription. High-net-worth individuals showed great interest. The company provides cybersecurity solutions to sectors like banking and manufacturing.
ReadThe Times of India - Business (23 hours ago)
Gold price prediction today: Gold prices are showing a positive trend, recovering from recent lows, currently trading around ₹97,247. Experts suggest a 'Buy on Dip' strategy near ₹97,000, with a stop-loss at ₹96,450. Technical indicators like EMA alignment and Bollinger Bands signal bullish momentum.
ReadThe Times of India - Business (23 hours ago)
Asian markets showed mixed performance as investors reacted cautiously to Wall Street's record highs and new tariff threats from President Trump. Chinese markets surged, while Tokyo and Australia saw slight declines. Delta Air Lines' strong earnings outlook boosted airline stocks, contributing to Wall Street's positive momentum, while Bitcoin also...
ReadThe Times of India - Business (A day ago)
ITR filing FY 2024-25: The Income Tax Department has released excel utilities for ITR-2 and ITR-3, enabling taxpayers with capital gains and crypto income to file returns for AY 2025-26 by September 15, 2025. Key changes include revised capital gains schedules, updated asset/liability disclosure thresholds now applicable above ₹1 crore income,...
ReadThe Times of India - Business (A day ago)
Amid escalating trade tensions, Canadian Prime Minister Mark Carney pledges to protect Canadian workers as the US imposes a 35% tariff hike on Canadian imports, citing concerns over fentanyl. Carney emphasizes Canada's efforts to combat fentanyl and diversify trade partnerships, highlighting strengthened ties with the UK. Trump warns against...
ReadThe Times of India - Business (A day ago)
Bitcoin surged to a new peak of $116,046.44 on Thursday, fueled by strong institutional demand and supportive crypto policies under the Trump administration. This rally marks a 24% increase for the cryptocurrency in 2025. Ethereum and altcoins like Solana, Dogecoin, and Cardano also experienced gains.
ReadThe Times of India - Business (A day ago)
Stock market recommendations: Bajaj Broking Research suggests a positive outlook for Indian equities, anticipating Nifty to retest 25,800, supported by strong market internals and historical July performance. Bank Nifty is also expected to move towards 58,500, maintaining a bullish trend above its 20-day EMA.
ReadThe Times of India - Business (A day ago)
Donald Trump is increasing tariffs on various countries. Canada faces tariffs due to fentanyl concerns. Brazil is hit with tariffs linked to political issues. Copper imports also face new duties. Tariff letters are sent to over twenty countries. Some countries are negotiating deals to avoid these hikes. Steel, aluminum, cars, and other sectors are...
ReadThe Times of India - Business (A day ago)
HRA claims are under increased scrutiny, with tax officers rejecting claims lacking a clear money trail or appearing dubious. Even with proper documentation like rent receipts, claims can be disallowed if rent is paid to close family members without genuine financial transactions. Taxpayers must ensure claims are backed by credible evidence to...
ReadThe Times of India - Business (A day ago)
With recent FD rate reductions, opportunities remain in special 444-day deposit schemes. Several banks, including ESAF Small Finance Bank, offer competitive rates, reaching up to 8.10% for senior citizens. These schemes provide a chance to secure higher returns before further rate declines, but investors should consider early withdrawal penalties...
ReadThe Times of India - Business (A day ago)
RBI Governor Sanjay Malhotra briefed the Parliamentary Committee on Finance, highlighting the Indian economy's resilience amidst global challenges. He addressed concerns about the status of Rs 2,000 notes, clarifying they remain legal tender despite being out of circulation. The committee also discussed counterfeit currency and cryptocurrency...
ReadThe Times of India - Business (A day ago)
US long-term mortgage rates experienced a slight increase this week, reversing a five-week trend of declining borrowing costs, with the 30-year fixed rate rising to 6.72%. Despite recent fluctuations and a brief dip in April, economists anticipate rates will generally remain between 6% and 7% for the remainder of 2025, continuing to impact the...
ReadThe Times of India - Business (A day ago)
Hardeep Puri, India's Petroleum Minister, asserts that India's continued Russian oil imports have stabilized global energy prices. Discontinuing this trade would have caused prices to surge past $120 per barrel. Despite Western restrictions, India increased Russian oil procurement, preventing a significant global supply disruption, he has said.
ReadThe Times of India - Business (2 days ago)
Clean Fanatics, a premium home services marketplace, has secured $2 million in seed funding led by Inflection Point Ventures. The investment will fuel team growth, tech upgrades, and expansion into civil construction and home renovation. Currently serving 2,500 homes monthly, Clean Fanatics aims to capitalize on India's growing $20 billion home...
ReadThe Times of India - Business (2 days ago)
Investor confidence in India's unlisted securities market has been shaken following HDB Financial Services' IPO being priced below expectations. This has led to a decline in the unlisted values of other prominent pre-IPO stocks like NSE, NSDL, and Tata Capital. Investors are now more valuation-sensitive, comparing unlisted prices with listed peers,...
ReadThe Times of India - Business (2 days ago)
India leads in faster payments due to the rapid growth of the Unified Payments Interface (UPI), which has become the world's largest retail fast payment system. The IMF Fintech Note highlights UPI's open and interoperable nature as key to its success, leading to a decline in cash usage.
ReadThe Times of India - Business (2 days ago)
India has emerged as the leading source of billionaire immigrants in the US, surpassing Israel, according to Forbes' 2025 list. Twelve India-born individuals, including tech leaders like Sundar Pichai and Satya Nadella, are featured. Cybersecurity entrepreneur Jay Chaudhry, founder of Zscaler, leads the Indian contingent with a net worth of $17.9...
ReadThe Times of India - Business (2 days ago)
The rupee edged up to 85.70 against the US dollar, buoyed by optimism surrounding a potential US-India trade agreement, despite domestic equity markets declining. A commerce ministry team is preparing for further negotiations in Washington, aiming to resolve differences in key sectors. India is also advocating for the removal of additional import...
ReadThe Times of India - Business (2 days ago)
In Vienna, Oil Minister Hardeep Singh Puri engaged with global energy leaders to strengthen India's energy security. Discussions with Kuwait focused on enhancing crude oil and LPG trade, while talks with Nigeria aimed to boost hydrocarbons trade. Puri also explored technological collaborations with Shell for increased natural gas usage and invited...
ReadThe Times of India - Business (2 days ago)
US stocks opened cautiously despite Delta Air Lines' strong earnings report and optimistic outlook, boosting airline shares. The S&P 500, Dow, and Nasdaq all saw slight dips. European markets were mostly positive, while Asian markets showed mixed performance, with Japan's Nikkei falling due to a stronger yen and trade talk uncertainty.
ReadThe Times of India - Business (2 days ago)
Tesla's shareholder meeting is set for November 6, following investor pressure amid concerns about compliance with Texas law. The timing raises questions as Tesla faces a stock decline partly due to Elon Musk's political alignment and EV market competition. Musk also announced Grok's integration into Tesla vehicles, despite controversy over the AI...
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A recent study by Marching Sheep reveals a strong correlation between diversity and financial performance, with inclusive firms reporting significantly higher profits. However, the 'Marching Sheep Inclusion Index 2025' highlights that women are still under-represented in key managerial roles and the overall workforce in India Inc, indicating a need...
ReadThe Times of India - Business (2 days ago)
Unemployment benefit claims in the US recently dipped, signaling continued strength in the labor market despite economic uncertainties. Initial applications fell to 227,000, below analysts' predictions, while the unemployment rate edged down to 4.1%. However, major firms like Microsoft and Google have announced job cuts, and concerns persist over...
ReadThe Times of India - Business (2 days ago)
Italian confectioner Ferrero, famed for Nutella, is set to acquire WK Kellogg, the century-old U.S. cereal giant, for $3.1 billion. The deal encompasses iconic brands like Fruit Loops and Rice Krispies across the U.S., Canada, and the Caribbean. This acquisition follows Kellogg's 2023 split, spinning off snack brands into Kellanova. Ferrero's...
ReadThe Times of India - Business (2 days ago)
Hindustan Unilever Ltd (HUL) has appointed Priya Nair as its new CEO and MD for a five-year term, effective August 1, 2025, succeeding Rohit Jawa. Nair, currently President, Beauty & Wellbeing at Unilever, brings extensive experience from various roles within HUL and Unilever. Jawa steps down on July 31 after leading the company through challenging...
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Gold prices in the national capital surged by Rs 250, settling at Rs 98,670 per 10 grams, fueled by investor interest amid global economic uncertainties. Silver remained steady at Rs 1,04,000 per kilogram. International factors, including US trade policies and a cautious stance from the Federal Reserve, further supported the upward trend in gold...
ReadThe Times of India - Business (2 days ago)
Singapore introduces a Business Adaptation Grant to aid local firms, especially SMEs, in navigating global tariff changes, including potential impacts from US trade measures. The grant, offering up to SGD 1,00,000 per company, aims to help businesses reassess supply chains and explore new markets. SICCI welcomes the initiative, pledging support to...
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Investor interest in gold-backed mutual funds soared in June, with Gold ETFs attracting substantial net inflows of Rs 2,081 crore, marking a five-month high. This surge, fueled by resilient gold prices, market volatility, and geopolitical tensions, signifies a shift in investor sentiment towards gold as a safe-haven asset. The segment's AUM also...
ReadThe Times of India - Business (2 days ago)
India's quick commerce sector is experiencing rapid growth, with spending on platforms like Blinkit and Instamart more than doubling to Rs 64,000 crore in FY25. This surge is driven by increased platform fees and a shift towards profitability, with firms focusing on strategies like advertising and private-label products.
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The Ministry of Finance has dismissed media reports suggesting banks were instructed to close inactive Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts, clarifying no such directive exists. Instead, a nationwide campaign has been launched to promote financial inclusion through Jan Dhan accounts and associated schemes.
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The government is planning to sell more shares of Life Insurance Corporation (LIC) through an Offer for Sale (OFS). DIPAM will finalize the transaction details, with the government needing to offload a 6.5% stake by May 2027 to meet the 10% public ownership requirement. Currently, the government holds a 96.5% stake in LIC.
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To safeguard users against rising digital payment frauds, the National Payments Corporation of India (NPCI) has issued crucial safety guidelines. These tips emphasize verifying payment details, using trusted apps, and protecting sensitive information like UPI PINs and OTPs. The NPCI advises users to avoid rushed transactions and to closely monitor...
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Tata Consultancy Services reported a net profit of Rs 12,760 crore for Q1 FY2025-26, a 6% increase year-over-year, exceeding market expectations. Revenue saw a modest rise of 1.3% to Rs 63,437 crore,. The company declared an interim dividend of Rs 11 per share.
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Smartworks Coworking Spaces launched its IPO, aiming to raise Rs 576-583 crore, with strong early subscription driven by retail and non-institutional investors. The company plans to use the funds for expansion and debt repayment, capitalizing on its position as India's largest managed office space provider. Despite revenue growth, Smartworks...
ReadThe Times of India - Business (2 days ago)
Indians seeking US visas will face significantly higher costs, with fees potentially rising to ₹40,000 due to a new $250 'Visa Integrity Fee'. This fee, impacting tourist, student, and work visas, will particularly affect technology companies relying on H-1B transfers.
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India has proposed retaliatory tariffs against the United States under WTO regulations, responding to American duties on steel and aluminium imposed as safeguard measures. This action, impacting US imports worth $7.6 billion, comes amidst ongoing trade deal talks between the two nations.
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The government has granted tax benefits to bonds issued by the Indian Renewable Energy Development Agency. Investors can now claim capital gains tax exemptions by investing in these bonds. This move aims to boost low-cost fundraising for renewable energy projects. The proceeds will fund projects capable of servicing debt independently.
ReadThe Times of India - Business (2 days ago)
Oil India Ltd. and Gail have solidified their partnership with a 15-year agreement for natural gas supply from Oil India's Rajasthan field. Effective July 1, Oil India will provide up to 9,00,000 standard cubic metres of gas daily to RRVUNL, with Gail managing transportation through its extensive pipeline network.
ReadThe Times of India - Business (2 days ago)
Indians seeking US visas will face significantly higher costs, with fees potentially rising by ₹40,000 due to a new $250 'Visa Integrity Fee'. This fee, impacting tourist, student, and work visas, will particularly affect technology companies relying on H-1B transfers.
ReadThe Times of India - Business (2 days ago)
An Indian commerce ministry team is preparing to visit Washington for further discussions with the U.S. regarding the ongoing tariff dispute and a proposed bilateral trade agreement. The talks will center on both the interim and first phase of the BTA, with the US having extended the suspension of additional duties on Indian goods until August 1.
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Donald Trump escalates trade tensions by issuing tariff letters to numerous countries, set to take effect on August 1, 2025, if trade deals aren't reached. The letters outline specific tariff rates, with some countries facing new or adjusted duties.
ReadThe Times of India - Business (2 days ago)
Nvidia's market capitalization has surpassed $4 trillion, driven by the AI sector's growth, even nearing India's GDP. The surge followed the unveiling of Comet, an AI-enhanced web browser by Perplexity AI, backed by Nvidia. This new browser aims to challenge Google Chrome's dominance in the market, offering AI-driven navigation and task execution.
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Asian markets mostly rose on hopes of eased trade tensions despite Trump's tariffs, while Wall Street hit record highs, led by Nvidia. Bitcoin remained strong, nearing its all-time high. Tensions flared between the US and Brazil after new tariffs, prompting retaliatory threats. Japan's Nikkei slipped due to US tariffs and stalled trade talks.
ReadThe Times of India - Business (2 days ago)
Gold and silver price prediction today: Gold prices face a short-term bearish trend, potentially dropping to ₹94,000 due to broken support and negative technical indicators. Silver is expected to pull back towards ₹104,000 within its ₹104,000–₹109,000 range.
ReadThe Times of India - Business (2 days ago)
Top stock market recommendations: Aakash K Hindocha suggests a positive outlook for Nifty and Bank Nifty, anticipating upward movement with key support levels. Voltas is poised for an 8-10% rally after breaking a 3-month consolidation. Samvardhana Motherson International shows bullish patterns, targeting gains above 160, while JK Tyre is set for a...
ReadThe Times of India - Business (2 days ago)
Bitcoin reached a new all-time high of $111,988.90 on Wednesday, fueled by increasing investor interest and strong institutional adoption. The cryptocurrency has risen over 18% since the start of 2025, reflecting its growing acceptance in mainstream finance. Supportive crypto policies from the Trump administration have further boosted confidence...
ReadThe Hindu - Business (2 days ago)
How do catastrophe bonds operate? Who issues and sponsors them? Why should a financial investor add catastrophe risk to their portfolio? Can cat bonds offer financial relief during extreme weather events? Could India be a lead sponsor for a South Asian cat bond?
ReadThe Times of India - Business (2 days ago)
Starlink has received final authorization from IN-SPACe, paving the way for the launch of its satellite services in India. With previous approval from DoT, the company can now establish ground infrastructure and awaits spectrum allocation. Starlink aims to connect remote areas and enterprises, potentially expanding to urban broadband services,...
ReadThe Times of India - Business (2 days ago)
Nvidia achieved a $4-trillion market valuation, driven by strong AI spending commitments from major customers like Microsoft, Meta, Amazon, and Alphabet. Shares rebounded after early-year concerns about spending and trade tensions, fueled by DeepSeek's emergence and Trump's tariff threats. The stock has surged over 1,000% since early 2023, now...
ReadThe Times of India - Business (2 days ago)
Piyush Goyal, the Commerce and Industry Minister, stated that free trade agreements (FTAs) with countries like Australia, UAE, UK, and EFTA will provide Indian farmers with enhanced market access. He emphasized the reduction of non-trade barriers and the opening of new markets for the agricultural sector through these agreements.
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