Asked about the government’s plan for the mobile production linked incentive (PLI) scheme, which is going to end in March, and which the FY27 budget did not explicitly address, the minister assured that the government is constantly in talks with…
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The Koira gram panchayat’s notice threatened to seize movable properties from the Foxconn premises, equal in value to its tax claim of ₹12 lakh. The Vishwanathapura panchayat sought details of structures being built on the premises, the sanctioned plan, extent…
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Banks are poised to reopen credit lines for Indian export sectors following the US’s reduction of import tariffs to 18%. This move is expected to quickly revive exports of garments, gems, jewelry, leather, and chemicals, leading to increased demand for…
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Fintech giant PhonePe is preparing for its public listing. Its massive scale in UPI payments is a key strength. The company is now focused on expanding into higher-margin financial services like loans and insurance. This strategy aims to leverage its…
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India’s Finance Minister Nirmala Sitharaman is anticipating significant boost for exporters due to reduced US tariffs and a new trade agreement with the EU. These developments are expected to boost investment and positively influence the rupee’s direction. Speaking to ET,…
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GIFT City’s tax holiday extension to 20 years is set to significantly boost office space demand and commercial real estate development. This move provides fiscal certainty, encouraging longer leases and larger office commitments, reinforcing GIFT City’s global competitiveness as a…
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