Payment delay puts working capital stress on MSMEs
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Monsoon uncertainty weighs on gains from lower oil prices
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SEZ reforms: Commerce ministry calls stakeholders' meet on June 30 to discuss policy overhaul
The Commerce Ministry is convening a stakeholder meeting on June 30 to discuss crucial reforms for Special Economic Zones (SEZs). The focus will be on harmonizing export promotion schemes and simplifying business operations within these enclaves. Discussions will cover issues like domestic payments, job work, and import substitution, aiming to modernize the SEZ policy in line with evolving global trade dynamics. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/BU8DCpy >
90% of India's planned renewable projects face climate risk. Here's how to build them safer
A Zurich Group report reveals that most of India's planned renewable energy projects face significant climate risks by 2030. Ninety percent of these sites are at high or critical risk from hazards like floods and wildfires. However, with many projects still in development, incorporating resilience measures now, costing around 2% of CAPEX, could slash severe loss exposure by 75%, ensuring sustainable energy infrastructure. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Nkm0Q7C >
From inflation to mortgage rates: What moved US economy's report card this week
US economic growth surprised on the upside, while job losses remained low. However, persistent inflation, fueled by rising fuel and electronics costs, is squeezing consumers. Despite a slowdown in spending, businesses are investing heavily in AI, leading to price hikes on tech products like Apple's Macs and iPads. Mortgage rates also saw a slight increase, adding to financial pressures. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/VHPgJ5v >
Hormuz got busy after months, now it's facing another roadblock
Ship traffic through the Strait of Hormuz surged briefly following US sanctions relief and a humanitarian evacuation effort. However, a fresh attack in the Gulf of Oman halted the operation, causing traffic to plummet. Iran's warning about safe passage routes further heightened concerns, leaving major global carriers hesitant to return to the volatile waterway. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/h4uSFxn >
US judge: No quick dismissal of Adani case
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