Union Bank of India expects the RBI to raise the repo rate to 5.75-6% in H2 FY27, from the current 5.25%, with the rate-hike cycle likely beginning in December.
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India has relaxed FDI rules for e-commerce exports, allowing foreign-funded e-commerce companies to hold inventory if the goods are made in India and meant only for export. The rule does not allow inventory-based e-commerce for domestic B2C sales, keeping restrictions…
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India’s manufacturing sector requires a 13.1 percent annual growth rate to reach USD 7.5 trillion by 2047. This ambitious target is crucial for India’s goal of becoming a USD 30 trillion economy. Workforce productivity is identified as the most underleveraged…
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Manipal Payment and Identity Solutions Ltd announced its Initial Public Offering price band. The company’s Rs 805-crore IPO will open for public subscription on September 9. This offering includes a fresh issue and an offer for sale by the promoter.…
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Digital platform will provide trade access to NAC decisions, CAAR rulings, legal precedents, advisories and audit observations
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Sebi plans to review the methodology for setting derivative settlement prices on expiry after market participants raised concerns over the new Closing Auction Session (CAS). The regulator will issue a consultation paper next week.
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