India’s statistics ministry launched a new monthly services production index. The first trial release showed broad expansion across key economic sectors. Fourteen of nineteen sub-sectors posted double-digit year-on-year growth in April. Accommodation and food services led expansion, while transport sectors…
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Indian companies’ external commercial borrowings proposals saw a significant jump in May. Total filings reached USD 4.74 billion, a notable increase from April’s figures. Prominent firms like Indian Railway Finance Corporation and NTPC filed substantial borrowing intentions. Kisetsu Saison Finance…
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Companies may soon claim input tax credit on employee vehicles. Group health and life insurance policies for staff are also included. The GST Council’s law committee proposed these changes last week. These proposals aim to ease business operations and reduce…
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Strong US stock gains in ’26 are being overshadowed by historical midterm election volatility, AI valuation concerns and bearish warnings. While corrections are common in midterm years, analysts expect markets to recover strongly after elections, supported by favourable historical trends.
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The UK government said Tuesday it will introduce an overnight social media curfew for children aged 16 and 17, after Prime Minister Keir Starmer last month announced an under-16 social media ban. Last month, the UK became the latest to…
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India’s new trade pact with the UK offers significant export chances for manufacturers. Lower tariffs will benefit sectors like textiles, leather, and processed foods. Indian companies must meet stringent quality standards for sustained export growth. The agreement also improves access…
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