[ad_1] In an effort to stimulate domestic consumption amid ongoing trade tensions with the United States, China has lowered the minimum purchase amount required for foreign tourists to qualify for tax refunds. Starting Sunday, international travellers can apply for tax rebates on purchases of just 200 yuan (about $27) made at the same store on…
[ad_1] Hindustan Zinc Ltd (HZL), a Vedanta Group company, is set to foray into potash mining and is targeting a block in Rajasthan that has a strong possibility of containing lithium reserves as well. India heavily relies on potash imports from countries such as Russia, Canada, Belarus, and Israel, and HZL’s move aims to reduce…
[ad_1] Foreign investors have poured in Rs 17,425 crore into India’s equity markets in the week of April 21 to April 25, bolstered by a combination of favourable global factors and strong domestic economic fundamentals. This follows a net investment of Rs 8,500 crore in the previous holiday-shortened week ending April 18, news agency PTI…
[ad_1] TikTok, the popular Chinese social media platform, is gearing up to enter Japan’s online shopping market in the coming months, according to a report by Nikkei on Sunday. The company plans to recruit sellers soon for its e-commerce arm, TikTok Shop, which will offer a platform for users to sell products ranging from sneakers…
[ad_1] NEW DELHI: The Government has released regulations for applications under the Rs 23,000-crore Electronics Components Manufacturing Scheme (ECMS), aimed at boosting domestic value addition in electronics production.Union Electronics and IT MinisterAshwini Vaishnaw revealed that firms with strong local design capabilities and ‘six sigma’ quality standards will be key evaluation factors. Companies lacking domestic design…
[ad_1] Bank holidays April 2025: According to the Reserve Bank of India’s (RBI) schedule, all banks in the country, including public and private sector institutions, shall be closed on Saturday, April 26, 2025.Bank customers should organise their banking requirements beforehand to prevent any difficulties. Are banks closed on April 26, 2025? It’s a bank holiday…
[ad_1] NEW DELHI: Mahindra & Mahindra Ltd on Saturday said it has entered into an agreement to acquire almost 59% stake in heavy-vehicle maker SML Isuzu (SML) at Rs 650 per share, which will entail an outlay of Rs 555 crore.As part of the transaction, M&M would acquire the entire stake of nearly 44% held…
[ad_1] Zydus Lifesciences on Saturday said it received six observations from the US Food and Drug Administration (USFDA) following a surveillance inspection of its active pharmaceutical ingredient (API) manufacturing facility in Dabhasa, Gujarat.In a regulatory filing, the company stated that the inspection was conducted between April 21 and April 25, 2025.“We wish to inform that…
[ad_1] Foreign investors have pulled an estimated $63 billion from US equities since the beginning of March, according to Goldman Sachs strategists, who warn that the trend could pose risks to equity valuations. In a note to clients, the team led by Daniel Chavez pointed to high-frequency fund flow data showing that European investors have…
[ad_1] File photo- S P Singh Baghel (ANI) India needs stronger veterinary infrastructure and skilled professionals to support its rural economy, Union Minister of State for Fisheries, Animal Husbandry and Dairying S P Singh Baghel said on Saturday.Speaking at a national workshop on the occasion of World Veterinary Day, Baghel described veterinarians as “the backbone…
