Latest Updates Around The World
The Employees’ Provident Fund Organization (EPFO) plans to seek board approval to redeem its investments in the CPSE and Bharat 22 Exchange Traded Funds (ETFs) during the current financial year 2025-2026. However, it does not plan to buy back holdings in other ETF systems as it aims to extend the term of their investments from […]
The decision of the US government to impose a rate of 100% on imported patented medicines from 1 October could weigh on Sun Pharmaceutical Industries, the only major Indian drugstore with considerable exposure to innovative therapies in the US, HSBC said in a report of 26 September. The rate, which excludes companies that build factories […]
The rationalization of India’s recent goods and service tax (GST) has been set to offer a much needed boost to consumption, in particular among segments from the middle class and mass market, according to DK Joshi, chief economist in Crisil. Joshi now said with ET that the move is not only a structural reform to […]
The sequential image of food inflation also shows a loss of momentum for food inflation. | Photocredit: Thulasi Kakkat The prices of everyday goods and services can fall in the coming days, because recent reductions in indirect taxes by the government are starting to show their effect, according to a report from Bank of Baroda […]
The Indian economy grew by 7.4 percent in the quarter of January-March (Q4) of FY25, the beating of expectations and marking the strongest quarterly growth of the tax year. India is expected to maintain a steady 6-6.5 percent on an annual basis (yo-y) real GDP growth in FY26, supported by resilient domestic demand and potential […]
