Household spending remains subdued despite government GST rate cuts. The auto sector shows a rebound, but it is not seen as a broad cyclical upturn. Consumer stocks face a cautiously optimistic outlook for 2026, dependent on wage growth. Gold prices…
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London plans to introduce a tourist tax on hotel and short-term rental stays. This new levy aims to generate significant revenue for the city. Similar to schemes in Scotland and other global cities, the proposed tax could boost London’s economy.…
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The UK government on Tuesday extended a sugar tax to include milkshakes as part of the fight against obesity and tooth decay in children. Tooth decay is currently the leading cause of hospital admissions for children aged between five and…
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The domestic GDP growth in the first half of the current financial year, FY26, is expected to come in at 7.6 per cent, higher than the 6.1 per cent recorded during the same period last year, as highlighted in a…
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Revenue growth in India has been kind of feeble anyway, and the newly announced tax cuts could put additional burden on the economy, meaning that there will be less fiscal policy support coming, a Moody’s official said.
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JP Morgan predicts Brent crude could plunge into the $30s by FY27-end as non-OPEC+ supply surges sharply outpace demand. Robust offshore projects, expanding shale output, and rapid inventory build are expected to deepen the global glut. The bank warns that…
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