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Business

Breaking: US-India Trade Deal Could Slash Tariffs Below 20%, Elevating India's Global Trade Position

The US and India are nearing an interim trade agreement that could reduce tariffs below 20%, favoring India over other countries. This deal allows ongoing negotiations, with India ...

Business

Historic Trade Milestone: Switzerland's Ratification of India-EFTA Pact to Unleash $100 Billion and a Million Jobs

Switzerland ratifies the India-EFTA Trade and Economic Partnership Agreement, expected to bring $100 billion in investments and create 10 lakh jobs in India. The pact enhances trad...

Business

India's Direct Tax Collections See a Dip: A 1.34% Fall to Rs 5.63 Lakh Crore Amid Refund Surge, Yet Gross Receipts Climb 3.17%

India's net direct tax collections fell by 1.34% to Rs 5.63 lakh crore due to a surge in refunds, while gross receipts rose by 3.17%. Corporate tax collections declined, but non-co...

Business

Kraft Heinz Eyes $20 Billion Spin-Off: A Strategic Move to Unlock Hidden Value?

Kraft Heinz is considering a $20 billion spin-off of part of its grocery business to focus on core products like Heinz ketchup, aiming to increase overall market value. The decisio...

Business

Tesla Accelerates into India: Model Y Set to Electrify Mumbai Roads from July 15

Tesla is set to launch its Model Y in India from July 15, starting with a showroom in Mumbai's BKC, after receiving the necessary approvals from the Maharashtra RTO. This marks Tes...

Business

Credit Agricole Seeks ECB Approval to Increase Stake in Banco BPM Beyond 20%

Credit Agricole S.A. is seeking ECB approval to increase its stake in Banco BPM S.p.A. beyond 20%, aiming for significant influence without control, amidst regulatory approvals for...

Business

Reliance Infrastructure Soars: Credit Rating Jumps Three Notches Post Debt Clean-Up

Reliance Infrastructure's credit rating has been upgraded by three notches by Ind-Ra, reflecting its successful debt clean-up and improved financial health, despite ongoing risks.

Business

Apple Poised to Revolutionize US Formula 1 Broadcasting with $150M Annual Deal

Apple is reportedly leading the race to secure US broadcast rights for Formula 1 with a $150M annual bid, potentially replacing ESPN. This move highlights the sport's growing popul...