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US President Donald Trump’s decision to impose a 5 per cent tax on international remittances sent by non-citizens will significantly impact Indian households, said Global Trade Research Initiative (GTRI), a trade-focused research Group, in its latest report. The proposed US legislative move has triggered alarm across the globe, particularly in India, which has been one…
Fruit traders based in Prayagraj have collectively decided to boycott Turkish apples, following the country’s open support for Pakistan during the recent military conflict with India. It was not immediately known how much apple quantity are imported to India from Turkey. Similarly, traders in various Indian cities have unanimously decided to boycott Turkish products, including…
The Indian equity benchmarks paused their recent rally last week, with the Nifty ending just above the psychological 25,000 mark. However, the momentum indicators favour the bullish setup next week, according to analysts. While the headline indices showed signs of mild pressure, the broader markets outperformed significantly. The BSE Midcap index gained 0.8 per cent,…
As medical expenses continue to climb in the US, a growing number of patients are looking overseas for more cost-effective treatment options and suggested tariffs may impact the medical tourism industry, according to a new report. US trade policy has seen notable changes recently, particularly with regard to import tariffs on countries such as China….
India’s apparel and home textiles trade with the United Kingdom is poised for significant growth, with volumes expected to double over the next five to six years, driven by the recently concluded Free Trade Agreement (FTA) between the two countries, as per a report by credit rating agency ICRA. The FTA is expected to be…
Byju Raveendran, founder and Chief Executive Officer (CEO) of ed-tech company BYJU’S, has extended apologies for the disruption caused to students due to the company’s distress and vowed to compensate them. In an interview with ANI, Raveendran said that he feels sorry for those few students who missed out because services were disrupted. He further…
Data Patterns Dividend: BSE 500 index stock Data Patterns has posted earnings for the March quarter (Q4FY25), with a rise in both profit and revenue. The company has also announced a final dividend of 395 per cent for its shareholders. Final dividend announced The Board of Directors has approved a final dividend of Rs 7.90 per…
US President Donald Trump said that he will speak separately with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky on Monday to push for a ceasefire deal between the two countries. “I will be speaking, by telephone, to President Vladimir Putin of Russia on Monday, at 10:00 a.m.,” Trump said, on Saturday, in a…
India’s restrictions on imports from Bangladesh via land ports will impact goods worth USD 770 million, accounting for nearly 42 per cent of total bilateral imports, according to the Global Trade Research Initiative (GTRI) report, a trade-focused research Group. Union Ministry of Commerce and Industry on Saturday imposed immediate port restrictions on the import of…
The State Bank of India (SBI) has reduced its fixed deposit (FD) interest rates by 0.20 per cent. One-year FDs will now earn an interest rate of 6.5 per cent. This is the second consecutive month that the PSU bank has slashed its FD rates. SBI has also cut the interest rate on its special…
