India submits TEPA ratification document to EFTA bloc: Trade pact set to begin October 1, $100 bn investment pledged

[ad_1] India on Tuesday submitted the ratification document of the Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA) to Norway, the designated depository for the pact, officials said.“India deposited the Instrument of Ratification of the TEPA between India and EFTA today at the Ministry of Foreign Affairs of Norway, which…

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Coca-Cola Q2 results: Net income jumps 58% to $3.8 billion; higher prices offset weaker global volumes

[ad_1] Coca-Cola reported a 58% rise in net income to $3.8 billion for the April-June quarter, even as global case volumes fell by 1%, with higher prices helping the beverage giant offset sluggish sales, particularly in Latin America.Revenue for the quarter rose 1% to $12.5 billion, while adjusted revenue stood at $12.6 billion—in line with…

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Big business backs skilling push: Reliance, Adani, Mahindra among firms eye ITI upgrade, Rs 60,000 crore plan gains momentum

[ad_1] At least a dozen large companies have shown interest in partnering with the Union government for the Rs 60,000-crore National Scheme for Industrial Training Institute (ITI) Upgradation. Eight of these—including Reliance Group, Adani Group, Mahindra Group, JK Cement, Jindal Group, Toyota India, Schneider Electric and ArcelorMittal Nippon Steel—have submitted their preferred states and sectoral…

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‘Will do what we need to do’: India takes tough stand on EU sanctions over Russian oil; ‘energy security top priority’

[ad_1] AI-generated image used for representation NEW DELHI: Ahead of Prime Minister Narendra Modi’s visit to the United Kingdom, foreign secretary Vikram Misri on Tuesday addressed questions about growing Western pressure on India over buying Russian oil. He made it clear that India’s energy needs come first.Misri said, “…We have been very clear that insofar…

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India seen as safe haven amid global trade jitters, to lead 2025 growth: JP Morgan

[ad_1] India has emerged as a relatively safe haven among emerging markets amid ongoing global trade uncertainties, according to a recent report by JP Morgan.The financial major said India is benefiting from a combination of falling inflation, improved system liquidity, and reduced government borrowing—factors that are expected to support economic expansion, ANI reported. “India: Falling…

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‘Reaping the rewards’: Why short-term investors leaning towards ICICI Bank over HDFC Bank? Key reasons explained

[ad_1] Short-term investors are leaning towards ICICI Bank in the private banking space, thanks to its solid June quarter results. With strong profit growth and steady margins, ICICI is currently edging out rival HDFC Bank in investor preference.HDFC Bank is currently dealing with various post-merger issues, notably an elevated credit-deposit (CD) ratio, which has affected…

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SGB early redemption: Get 205% return on these Sovereign Gold Bonds; RBI announces premature redemption price

[ad_1] Sovereign Gold Bonds or SGBs are government-backed securities measured in grams of gold. (AI image) Soverign Gold Bond redemption: The Reserve Bank of India (RBI) has announced the early redemption value for Sovereign Gold Bonds (SGB) 2018-19 Series-V. Investors can opt for early redemption only after holding the bonds for five years from the…

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