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INDIAN ECONOMY
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India's trade talks with Mexico come at a time when the Latin American country has raised tariffs on imports from non-preferential trade partners. The talks also seek to protect engineering exports, which face US Section 232 duties amid uncertainty over a pending trade deal....
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The country could log 8% growth if global conditions improve and external shocks ease over the next year, Reserve Bank of India (RBI) deputy governor Poonam Gupta said on Tuesday at a media event in the city.
Gupta said that India's growth momentum has remained resilient despite multiple headwinds, includi...
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By Tanvi Praveen & Vishishth Malhotra
While exporters face regulatory hurdles in accessing the Chinese market, the Indian industry is dependent on China for raw materials & intermediate inputs. China’s non-tariff barriers have brought these vulnerabilities into focus, write Tanvi Praveen & Vishishth Malhot...
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A 32-member Japanese industry delegation led by the Japan Chamber of Commerce and Industry (JCCI) and Mitsubishi corporate adviser Ken Kobayashi met top policymakers here, pitching investments to the tune of Rs 8-10 lakh crore in India’s infrastructure and manufacturing sectors over the next few years....
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Elevated global prices of finished products and LNG, the major feedstock for domestic urea production, resulted in the government spending over Rs 1.32 lakh crore on fertiliser subsidies so far this fiscal year.
That’s 77% of the budgeted fertiliser subsidy of Rs 1.71 lakh crore for the year....
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India and Mexico will formally launch negotiations for a preferential trade agreement (PTA) with the signing of the Terms of Reference (ToR) during Commerce Secretary Rajesh Agrawal’s two-day visit to Mexico City beginning October 26. Commerce and Industry Minister Piyush Goyal said Mexico is keen on an early...
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India paid an additional $1.6 billion or 23% more for importing natural gas in the first half of FY27 despite purchasing just 4.4% more of the hydrocarbon shipped in liquid form, as the West Asia conflict pushed up prices and disrupted supplies.
India’s LNG import bill rose to $8.5 billion during April-Sep...
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GLOBAL CORPORATE
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Global private equity investor Advent
International has raised $30 billion across its funds, including nearly $27 billion for its 11th flagship fund and more than $3 billion for a new mid-market strategy, as it expands its investment capabilities and international presence....
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GLOBAL ECONOMY
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US consumer sentiment edged down to near a record low in October as rising prices linked to the Middle Eas conflict weighed on households' views of the economy a University of Michigan survey showed on Friday, with affordability e...
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China's industrial profits grew at ?a ?faster pace in September, though a ?deepening divergence across the economy weighed on business earnings.
Profits at industrial ?firms rose 14.4% from a year earlier last month, quickening...
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South Korea's ?semiconductor ?exports could fall ?by $50 billion to $100 billion compared with ?earlier forecasts if capital spending on artificial intelligence by ?major US technology firms ?slows next year, according to central ...
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Moody's sees encouraging ?signs ?in Japan's return to sustained ?growth and stable inflation, but a key test will be whether that ?resilience can withstand future shocks, the rating agency's Japan sovereign analyst told Reuters on...
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INDIAN CORPORATE
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Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday reported an 18 percent year-on-year increase in consolidated net profit to Rs 3,682 crore for the second quarter of FY27, compared with Rs 3,120 crore in the correspon...
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Adani Enterprises on October 28 reported 55% decline in net profit at Rs 1,492 crore for the quarter ended September 30, 2026. The company reported net profit of Rs 3,304 crore in the year-ago period.
It reported 75% increase in ...
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Adani Group-operated cement company ACC posted a sharp 91% YoY decline in its consolidated Q2 FY27 net profit to Rs 93 crore. In the second quarter of FY26, ACC’s net profit was Rs 1,119 crore. The decline was led by geopolitical ...
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IT major HCLTech and Rapidus Corporation officially inaugurated two HCLTech development centers in India to support the Japanese advanced chipmaker’s evolving semiconductor engineering requirements. Set up in Bengaluru and Hubli, ...
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Tata Capital posted its Q2 FY27 net profit at Rs 1,660 crore, up 51% year-on-year from Rs 1,097 crore reported in the year-ago period. The sharp uptick came on the back of a record-high loan book, which crossed the Rs 3 trillion m...
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Larsen & Toubro’s Q2 FY27 net profit jumped 32% year-on-year to Rs 5,202 crore as compared to Rs 3,926 crore reported in the same quarter last year. The surge came on the back of record-high order inflows in the energy-conventiona...
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Bajaj Auto on Tuesday reported a 35.2% year-on-year (YoY) increase in standalone net profit to Rs 3,353.76 crore in the July-September quarter, beating Bloomberg estimates of Rs 3,152 crore, as strong export demand and growth in i...
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Maruti Suzuki India is considering another round of vehicle price increases over the next six months to protect margins after its standalone net profit fell 26.9% year-on-year (YoY) to Rs 2,415 crore in the July-September quarter,...
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Air India is stepping up efforts to cut costs by integrating select functions with Air India Express, moving beyond the consolidation of the two airlines’ brands to eliminate duplication and improve resource utilisation. The airli...
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Hindustan Unilever’s net profit increased 3.91% year-on-year (YoY) to Rs 2,790 crore in Q2FY27, from Rs 2,685 crore reported in Q2FY26.
Hindustan Unilever reported its consolidated revenue from operations at Rs 18,037 crore, up...
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GST
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The Centre eased GST rules for post-sales discounts, removing the requirement for such discounts to be backed by an agreement entered into before or at the time of supply.
The change will be effective November 1, the CBIC said in a notification issued on Tuesday. The relaxation is expected to benefit FMCG ...
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