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Odisha’s seafood sector reels under 50% US tariff

By Arindam Ganguly, OP Bhubaneswar: Odisha’s seafood industry has plunged into deep crisis after the US government imposed a steep 50 per cent tariff on all Indian imports. The move, announced by President Donald Trump in retaliation for India’s continued oil trade with Russia, has...

stock market

Explainer: What fuelled today’s stock market rally?

Mumbai: Stock markets rose sharply Monday powered by heavy buying in auto and consumer durables stocks, buoyed by plans for big bang reforms in the GST regime by Diwali and S&P upgrading India's sovereign credit rating. Extending the morning gains, the 30-share BSE Sensex further...

PFI in Indian equity market

FPIs dump Indian equities worth Rs 21,000 cr in first half of Aug

New Delhi: Foreign investors offloaded Indian equities worth nearly Rs 21,000 crore in the first half of August, pressured by US-India trade tensions, lacklustre first-quarter corporate earnings, and a weakening rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities reached the...

Samsung

Samsung begins manufacturing laptops in India

New Delhi: Korean electronics major Samsung has started production of laptops in India at its Greater Noida factory, sources aware of the development said. Samsung has been making feature phones, smartphones, wearables, and tablets at its Greater Noida factory. "Samsung has expanded its manufacturing portfolio....

GST

Next-Gen GST step towards a single tax slab GST

New Delhi: The proposed ‘Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources...

 

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