India-US interim trade deal: The United States and India have agreed on an interim trade pact framework, aiming to lower tariffs and boost economic cooperation. This deal includes India reducing duties on U.S. industrial and farm goods, while the U.S.…
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“Our incremental spends will be directed towards growth areas, including acceleration in data centres and some pullback of 5G capex with growing device adoption,” said Shashwat Sharma, MD and CEO of Bharti Airtel India.
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India’s imports from China saw a significant decline in 2024-25 across key sectors like fertilisers, chemicals, and iron and steel. Notably, mobile phone imports plummeted while exports surged dramatically, indicating a shift in trade dynamics. The government is actively implementing…
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Power Finance Corporation has acquired a majority stake in REC Limited. This move consolidates public sector non-banking financial companies. The acquisition follows the Union Budget’s vision for scaling up credit disbursement and technology adoption. PFC’s board has approved the acquisition…
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The Indian rupee experienced a dip on Friday but achieved its strongest weekly gain in over three years. This surge followed the announcement of a significant trade deal between India and the United States. The Reserve Bank of India maintained…
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A joint panel will be formed by the corporate affairs ministry and CBDT by March-end. This initiative aims to align tax computation rules with accounting standards. The move will reduce compliance burdens for Indian companies. It also seeks to minimize…
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