India is considering slashing consumption tax on approximately 175 products, including shampoos, hybrid cars, and consumer electronics. The proposed reductions, potentially decided by the GST council in early September, aim to boost sales, particularly for consumer goods and electronics ahead…
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London stock markets saw gains. Precious metal and defence companies performed well. Norway chose Britain for new frigates. BAE Systems and Rolls-Royce shares increased. Kainos showed positive results. Domino’s Pizza also saw a rise. British manufacturers faced order drops. A…
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The National Stock Exchange of India (NSE) is set to shift all futures and options (F&O) contracts expiry day from Thursday to Tuesday, effective September 1, 2025. This transition marks a significant change after 25 years of Thursday expiries, potentially…
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India’s recent strong economic growth of 7.8% in the April-June quarter is likely overstated due to statistical factors, particularly a lower deflator. Economists suggest the deflator, influenced by volatile food prices and wholesale price index, artificially inflated the headline figure.…
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India has launched a network of advanced biomanufacturing hubs to boost its bioeconomy and drive innovation across sectors like health, agriculture and energy. This initiative, under the BioE3 Policy, provides state-of-the-art infrastructure and expertise to startups and researchers. India aims…
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India collected Rs 1.86 lakh crore as goods and services tax in August, 6.5% higher than the same period last year, showed government data on Monday. For the previous month, India’s gross Goods and Services Tax (GST) collection stood at…
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