Japanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geopolitical risks reduce China’s appeal. Over the past five years, Japanese regional banks have cut their branch presence in…
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India is set to boost foreign investment soon. The government plans to cut taxes on global funds investing in Indian bonds. Ownership limits on certain bonds may also be removed. These measures aim to attract more capital. The Reserve Bank…
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ITC shares fell to a fresh 52-week low on Wednesday as investors reacted to steep tax hikes on cigarettes under the new GST 2.0 regime. Brokerage Motilal Oswal Financial Services remained cautious on the stock, noting that the revised tax…
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As global economic growth slows down amid the West Asia crisis, India is projected to register 6.3 per cent growth in 2026-27 (FY27) and 6.4 per cent in 2027-28 (FY28), the Organisation for Economic Cooperation and Development (OECD) said on…
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The US is reintroducing country-specific tariffs on India and others, shifting from emergency powers to Section 301 of the Trade Act. This move, targeting imports made with forced labor, coincides with ongoing trade talks. While the US cites unfair competition,…
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SBI Chairman CS Setty anticipates the Monetary Policy Committee will pause interest rates this week. This aligns with market expectations as economic growth and inflation dynamics support the decision. While a pause is expected now, some economists foresee rate hikes…
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