India’s exports expanded significantly last fiscal year. New product and country combinations generated over $200 million in new trade. Ships, telecom instruments, and agri-products saw growth in new markets. This diversification shows a shift towards higher-value manufacturing and technology. Exports…
Read More
India’s Ministry of External Affairs condemned the drone attack on the Barakah nuclear power plant in the UAE, calling it a “dangerous escalation” and urging restraint and diplomacy amid rising Gulf tensions.
Read More
The listing would happen through a combination of fresh equity issuance and disinvestment by Coal India through an offer for sale.
Read More
NPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multiple devices. This move could significantly reduce costs for small businesses and streamline payment confirmations across all apps, fostering greater…
Read More
Bengaluru has a new excise duty on alcohol-in-beverage. Prices are now set by producers. The government cut liquor price slabs to make drinks cheaper. This aims to match prices with nearby states. Local distillers worry about sales. They feel the…
Read More
India must reform its tax system and streamline clearances to attract global investments moving away from China. Economist Arvind Virmani emphasizes prioritizing Free Trade Agreements with developed nations. This strategy aims to integrate India into global value chains. The focus…
Read More