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Six months after the levy's implementation, the government has reduced export duties on steel products and iron ore, with effect as of November 19. According to a late-night announcement from the finance ministry on November 18, export duties will be
A decade ago when the Pitti brothers were trying to build EaseMyTrip, they were seen as someone trying to ride on a brand name similar to the largest player in the online travel agency (OTA) business in the country. Of course, EaseMyTrip was a minnow
Indian readymade garments exports are expected to surpass the $30 billion mark by 2027, translating into a 4.6% to 4.9% share in world exports as against the current share of around 3%, said rating agency CareEdge in a report. This is important as
The next time you buy an electric vehicle, chances are you may be taking a loan from HDFC Bank. The lender is going big on EV loans as more and more Indians look to buy an electric vehicle, a report in The Economic Times has said.
India’s economy may be growing slower than earlier expected, but the country remains a favourite destination for global investors. India has emerged as the second most coveted investment market after the United States for sovereign wealth
India’s economic growth could slow down to as low as 5.9% in 2023, as the impact of post-Covid reopening is beginning to fade, Goldman Sachs has said in a report. If this happens, this will be a sharp slowdown from the 6.9% growth the coun
Just a few days ago, Tata group, which has business interests ranging from EVs to Jewelry, announced that they would venture into the beauty segment. They announced that they will open 20 “beauty tech” stores across the country. In my op
One year ago when the top market indices hit an all-time-high, state-owned banks were an outlier and were trading way below their peaks. The Nifty PSU Bank index, which had hit a high in March 2011, tried to break out again in November 2014, but fail
The Indian stock market indices have retraced their steps after trying to test the previous high logged a year back. In a bull market, it’s easy to be swayed by a herd mentality to look for growth stocks. But as concerns of valuations in the mar
An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 3.18 lakh today. Precision Wires India Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last two
2021 was a year of Start-ups. We witnessed a record number of start-ups attaining the holy unicorn status in 2021. Not just that, we witnessed the record listing of these companies on Indian exchanges. Prior to 2021, investors in these companies we
Bank Nifty extended its winning streak for the seventh straight week as it ended up by 0.71% and with this, it registered it's one of the longest winning streaks. On the weekly chart, it has formed another bull candle with a higher high and higher
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