Business

July 5, 2024 2:36 PM

India’s UPI goes live at Galeries Lafayette in Paris, eyes Olympics boost

India’s Unified Payments Interface (UPI) has expanded its footprint to the heart of Paris, with the flagship store of Galeries Lafayette on Haussmann Boulevard now accepting UPI payments. Reflecting on the success of UPI’s earlier launch at the Eiffel Tower in January this year, Ambassador of I...

July 5, 2024 12:09 PM

Danish Ambassador H.E. Freddy Svane launches Oak Nature by Junckers in Delhi

Freddy Svane, the Ambassador at the Royal Danish Embassy in New Delhi launched “Oak Nature” by Junckers, Europe’s leading manufacturer of premium solid wood flooring for sports, residential, and commercial uses. The occasion also marked Junckers completing 25 business years in India that witne...

September 16, 2024 6:07 PM

India’s FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL

India's fast-moving consumer goods (FMCG) sector is set to experience robust growth in the fiscal year 2024, according to a recent report by rating agency CRISIL. The agency projects a revenue growth of 7-9% for the sector, driven by higher volumes, a revival in rural demand, and steady urban consum...

July 4, 2024 3:40 PM

EU imposes duties on China-built EVs, leaving four months for talks

The European Union will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said on Thursday, ratcheting up trade tension with Beijing. There is however a four-month window during which the tariffs are only provisional and intensive talks are expect...

July 4, 2024 12:35 PM

Sensex opens at 80,322, Nifty at 24,369 as Indian markets hit record highs

Indian markets hit a new historic high on Thursday, with both major indices achieving record points in the opening session. The Nifty 50 index opened at an unprecedented 24,369 points, while the BSE Sensex began the session at an all-time high of 80,321.79 points. This bullish trend continues from ...

June 29, 2024 10:07 AM

India and USA extend agreement on equalisation levy until June 30

India and the United States have agreed to extend their transitional agreement on the Equalisation Levy until June 30. This decision comes after both countries initially joined 134 other members of the OECD/G20 Inclusive Framework in October 2021 to address tax challenges from the digitalization of ...