While the changes are expected to boost consumption, particularly in the FMCG sector, concerns remain regarding structural issues like multiple registrations and the 180-day supplier payment rule, which continue to hinder efficiency and fairness.
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India’s manufacturing sector faces challenges due to a 50% US tariff, impacting labor-intensive industries and oil imports from Russia. Growth expectations for South Asia have softened, while the global economy is projected to weaken by 2026 due to trade disruptions…
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US Secretary of State Marco Rubio said that President Donald Trump imposed tariffs on India for buying Russian oil. Rubio met with External Affairs Minister S Jaishankar to discuss bilateral and international issues. Both agreed to promote a free and…
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Sumitomo Mitsui Banking Corporation (SMBC) has increased its stake in Yes Bank from 20% to 24.22% through an off-market acquisition, becoming the largest shareholder. This move follows SBI’s divestment of a 13.18% stake to SMBC. Yes Bank’s credit ratings have…
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Price reductions under the GST overhaul have accelerated demand for higher-end products, companies report. Sales of 55–65 inch TVs, five-star ACs, premium cars, and ₹1,000–2,500 apparel and footwear have surged, while entry-level models remain flat. Online platforms like Amazon, Flipkart,…
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Under this exercise, apart from skilling to meet international standards, relevant visa and mobility arrangements will be made in coordination with the external affairs ministry or through multilateral agreements based on preset guidelines to facilitate the smooth mobility of skilled…
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