India-UK free trade deal gets Cabinet nod: Pact to be signed in London during PM Modi’s visit; aims to double trade to $120 bn

The Union Cabinet has approved the long-pending free trade agreement (FTA) between India and the United Kingdom, which is scheduled to be signed in London on July 24 during Prime Minister Narendra Modi’s visit, PTI reported citing official sources.The pact, formally called a Comprehensive Economic and Trade Agreement, was finalised on May 6 after multiple…

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Blinkit boom works wonders! Deepinder Goyal richer by Rs 2,000 crore in just two days; Eternal shares see big rally

Blinkit’s blistering growth has delivered a massive windfall for Eternal CEO Deepinder Goyal, whose net worth jumped by Rs 2,000 crore in just two trading sessions, as Eternal’s stock soared over 21% and hit a fresh all-time high of Rs 311.60 on the NSE.Goyal, the 42-year-old self-made billionaire and co-founder of Eternal, now holds an…

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

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 is…

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China’s rare earth export curbs hit another industry! Apple AirPods production at Foxconn India unit faces hurdles; here’s what’s happening

In the Indian market, Apple’s primary suppliers include Foxconn and Tata Electronics. (AI image) China’s rare earth metal export curbs may soon begin hitting production of Apple AirPods in India. China has stepped up restrictions on exports of rare earths and various industry sectors have raised the alarm on the possible impact of the unavailability…

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Market fraud caution: Sebi reiterates dabba trading is unlawful, warns investors to remain alert

Markets regulator Sebi has once again warned investors against dabba trading, calling it illegal and urging the public to remain alert and avoid dealing with entities offering such unauthorised trading services.In a statement issued on Monday, Sebi said, “It is reiterated that dabba trading is illegal, and Sebi is committed to safeguarding investor interests through…

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