Posts

FTA with UK comes into effect today, exports to get a boost

Image
The India-UK free trade agreement begins implementation, boosting Indian exports to the UK. Indian service providers and professionals will gain greater access to the United Kingdom market. Many Indian products will enter the UK duty-free, enhancing export competitiveness significantly. Digital service delivery is fully opened, benefiting global capability centers in India. A double contribution convention will save Indian workers and employers substantial annual amounts. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/eFszrox >
Post a Comment
Read more

India moves to block imports linked to forced labour amid USTR probe

Image
India is inserting a new clause into its foreign trade policy. This clause will allow blocking imports produced using forced labour. The government will use the International Labour Organisation's definition of forced labour. This move strengthens India's legal framework for trade negotiations. The notification becomes effective after thirty days from its issuance. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/k1OgqDp >
Post a Comment
Read more

US eases Russia sanctions bill, cuts tariff threat on India and China from 500% to 100%

Image
US senators unveiled a revised Russia sanctions bill targeting major energy buyers. This legislation seeks to pressure Moscow and its key oil and gas importers. The updated bill reduces previously proposed tariffs on top purchasers like China and India. It also targets Russia's shadow fleet and financial institutions involved in its war. This measure aims to secure broader political support and honor Senator Lindsey Graham's legacy. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/YgQNA4b >
Post a Comment
Read more

India Post crosses Rs 4,000 crore quarterly revenue for first time; Q1 turnover jumps 22%

Image
India Post achieved its highest-ever first-quarter revenue of Rs 4,008 crore. This revenue marks a significant 22.2 percent increase from the previous year. The parcel and mail segments showed substantial revenue growth during this period. Citizen-centric services also experienced an impressive 86 percent jump in revenue. Several postal circles demonstrated strong performance across various business verticals. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/QXZNRb5 >
Post a Comment
Read more

'Framework deal ready for India-US trade pact'

Image
India and the United States are making good progress on their bilateral trade deal. A framework agreement for the trade pact is now ready for signing. Both nations have reaffirmed their commitment to a balanced and commercially meaningful agreement. Discussions are ongoing to finalize the deal, which will benefit businesses and consumers. The timing of the signing depends on the US announcing its new tariff structure. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/d7UaX3F >
Post a Comment
Read more

After two years, pharma volumes pick up pace

Image
Domestic pharmaceutical retail growth shows strong signs of demand-led expansion. Volume growth in June exceeded three percent, a significant positive shift. Industry growth outlook is now revised upwards to over eleven percent this year. Higher sales of lipid-lowering and cardiac therapies led the market's recent surge. Chronic therapies continue to outpace the market, driven by lifestyle diseases. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/4OZedYu >
Post a Comment
Read more

Government weighs cybersecurity framework for IoT devices

Image
India is considering a cybersecurity framework for internet-connected devices. This initiative aims to enhance security standards for smart meters and other IoT products. The government is exploring measures for stricter security and certification requirements. This move follows a similar mandate for internet-enabled CCTV cameras. The focus remains on ensuring product security regardless of manufacturing origin. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/yCQcRsI >
Post a Comment
Read more