Domestic solar cell supply shortage short term, market set to realign soon India’s shortage of domestically made solar cells is expected to ease as manufacturers increase production to meet local-content rules, industry players have said. At present, the country has around 32 GW of solar cell manufacturing capacity and is expected to rise to around…
Economic think tank Global Trade Research Initiative (GTRI) said the change means eligible rupee payments for exports to countries other than Nepal and Bhutan will now qualify for FTP benefits and can also be counted towards meeting export obligations. Source link
The bond market remains at the heart of the recent market turbulence. US stock market today: Wall Street benchmarks retreated on Thursday as a rise in oil prices renewed concerns about inflation and pushed bond yields higher. This reversed some of the relief that followed the US Treasury Department’s announcement a day earlier. The US…
Alongside the import decision, the government has introduced tighter restrictions on sugar inventories held by large consumers. India has allowed duty-free imports of 1 million metric tons of raw sugar until October 31, the commerce ministry said on Thursday, as the government moves to boost domestic supplies and contain record prices ahead of the country’s…
The H-1B visa route is becoming more selective, compliance-intensive, and less forgiving. Has the Donald Trump administration effectively killed the H-1B visa dream? Frequent policy changes, increasing restrictions and selective picking – the H-1B visa path for Indian professionals is becoming tougher to navigate – with unpredictability serving as the biggest obstruction.H-1B visas have long…
NSE shares may trade on its platform under ‘permitted-to-trade’ route NSE could soon have its own shares trading on its platform, even as they are already listed on another stock exchange first. The exchange may not need a separate Sebi approval to do this, as the move could come under its existing ‘permitted-to-trade’ system, an…
The stock limit will be from Sep 1 to Nov 30 NEW DELHI: The government has imposed a stock limit on sugar for bulk consumers, including confectionery makers, soft drink manufacturers, food processing industries, sweetmeat sellers and other institutional buyers. These consumers can hold a maximum of 10 tonnes of sugar for 15 days.The stock…
The proposal is intended to reinforce stability in the foreign exchange market. Facing pressure on external payments, Pakistan has approached the US for a $10 billion facility to bolster its foreign exchange reserves. The move comes as part of moves to boost confidence among international investors, Finance Minister Muhammad Aurangzeb said, according to a PTI…
Investigators found that a significant share of the funds was routed to a small group of overseas destinations. Income Tax crackdown: The Income Tax Department has uncovered a large overseas remittance network that involves as many as 6,422 new entities. These companies collectively transferred Rs 1.29 lakh crore abroad. The findings have already led to…
Gold is targeting 162,000 as the next meaningful resistance, with the current setup continuing to favour the bullish bias. Gold and silver price prediction today: Gold prices are exhibiting a near-term bullish bias with consolidation in focus. Silver is presenting a buying opportunity, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group….
