US President Donald Trump on April 9 announced a 90-day pause on his sweeping tariffs on all countries except China. In an email interview with Devanshu Singla, Pranav Haridasan, managing director (MD) and chief executive officer (CEO), Axis Securities, said Trump’s announcement provides temporary relief but does not end the uncertainty. Edited excerpts: How do … Read more
Prime Minister Narendra Modi shared his thoughts via video message during the India Steel HR 2025 event held in Mumbai on Thursday, 24th April. Addressing the gathering, the Prime Minister said that the prospects and opportunities of India’s emerging sector—the steel industry—will be deliberated upon in the coming two days. He said that the sector … Read more
The World Bank on Wednesday lowered India’s growth forecast for FY26 to 6.3 per cent due to an “increasingly challenging global environment”. The World Bank has cut its previous forecast for October 2024 by 40 basis points. According to the World Bank’s South Asia Development Update report, “The benefits to private investment from monetary easing … Read more
India’s contribution to the global volume growth of consumer products is tremendous. Its contribution to growth during the last five years (2019 to 2024) has increased the volume share by 2 to 8 times compared to the previous year in various categories. This has made India a strong growth engine for major consumer goods multinational … Read more
Many foreign companies providing Software as a Service (SaaS) products like Amazon, Microsoft, Google, Oracle, IBM, and Salesforce have received a new notice of tax demand from the Income Tax Department for the financial years 2021-22 and 2022-23. According to sources, the tax department has issued assessment orders to these companies. Under this, the income … Read more