MUMBAI FTA PRICES
5 high-quality stocks backed by analysts with up to 38% one-year upside potential
The stocks that saw an improvement in experts’ perspectives can prove valuable investment bets.
Pleased that India has trusted Finnish partners such as Nokia to develop 5G: Ville Tavio
Finland’s minister for foreign trade and development, Ville Tavio, who was in New Delhi for a CII conclave, talks about ICT collaboration, trade deals, and the bilateral relationship with India.
Tony properties sell like hotcakes: What's driving the uber luxury real estate?
A luxury apartment in Mumbai has been sold for Rs 130.24 crore, reflecting the recent surge in the city's high-end residential market. The buyer, Asha Mukul Agarwal, also purchased two apartments for over Rs 132.75 crore. Mumbai has been witnessing record-setting transactions in its real estate market, with celebrities and high-net-worth individuals making significant purchases. Sales of luxury homes in Mumbai costing Rs 10 crore and above rose nearly 50% in the first half of 2023. The market is expected to continue to thrive due to the growing wealth in India and the city's rising number of millionaires.
Not forever, after all: Why India’s diamond industry wants to cut its dependence on its biggest consumer
The Gem and Jewellery Export Promotion Council is looking at markets in Southeast Asia, Africa, and the Middle East to boost export demand and maintain the growth momentum as the US and China show signs of weakening purchasing power.
Even after a decade, the India-Japan free trade deal has not worked. Why?
Japan is the only G7 country with which India has a trade agreement. But India’s share in merchandise exports to Japan has hardly improved, making the case for a review of the deal.
Travel comeback boosts hotel & luggage segments: 5 stocks with up to 39% upside potential
Rising demand, policy support and mega events to support the performance of hotel and luggage stocks.
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Textile exports should pick up in H2 2023, domestic demand robust: HGH India’s Arun Roongta
It is a mixed bag for India textiles as exports continue to face a slowdown but domestic demand provides some succour, says HGH India’s Arun Roongta.
A $160-billion trade opportunity: Can India benefit from China’s solar woes?
The country needs green, clean and cheap electricity to keep its economy humming. Solar is an option that fits the bill and the time is right for India to go full steam ahead in this segment.
Consumer confidence in India is at all-time high: Pernod Ricard
India is Pernod Ricard's largest market by volume and third biggest contributor to sales and profit globally. In India, the French company sold spirits worth ₹4.1 billion in 2021, according to IWSR data. Pernod Ricard controls about a fourth of the overall whisky market in India.
Diwali target for India-UK FTA possible but not definite, say experts after PM Johnson's exit
The Diwali target set for the India-UK FTA by the outgoing British Prime Minister Boris Johnson does not have to be set in stone, says strategic and industry experts .
Indo-Israel trade ties: The Promised Land is a land of opportunities for India
India and Israel enjoy an excellent level of trade complementarity. The Israeli PM’s visit to India, now postponed, would have shown how serious the countries are in taking their relationship to the next orbit. ET Online takes a closer look at the mutual win-wins, addressable market gaps and the aspects warranting course corrections for Indian firms.
IPL TV ratings decline 33% in opening week, viewership drops 14%
This season, only two matches—the opening match between Chennai Super Kings and Kolkata Knight Riders, and the Sunday evening match between Punjab Kings and Bangalore Royal Challengers—could reach more that 100 million users each.
India-UK FTA negotiations likely to start next month: Goyal
Commerce Minister Piyush Goyal on Friday exuded confidence that negotiations for a free trade agreement between India and the UK would be launched next month and with Canada by March-April. He was speaking at the 94th Annual Convention of industry body FICCI.
Budget 2021: India’s top steel and cement cos to benefit from NIP, disinvestment & infrastructure push
The government has done a balancing act of infrastructure development between the rural and urban areas which will again have a positive impact on the economy and the society at large, Narendran added.
Customs duty rejig on steel products may impact domestic steel prices, increase imports from China
“Increased capital expenditure augers well for metal players. However 2.5% to 5% reduction in customs duty on certain finished steel products and semis would affect domestic prices of such products, and thereby adversely impact the margins of affected players,” said Jayanta Roy, Senior Vice-President & Group Head, Corporate Sector Ratings, ICRA Ltd on Steel sector.
India opting out of RCEP credit positive for steel producers: Report
India has walked out of the regional trade alliance. Many in India have criticised India’s decision as the country could lose out the trade block in some areas such as bargaining power to maintaining high exports.
Jindal Stainless Hisar Q3 profit falls 11% to Rs 80 crore
JSHL’s net revenue for the quarter under review came down by 2% at Rs 2,191 crore.
India will not negotiate any FTA on back foot; will protect India's interest: Piyush Goyal
Prime Minister Narendra Modi is ready to bite the bullet and because of that India decided to walk out from the mega free trade pact Regional Comprehensive Economic Partnership (RCEP) as the concerns of India was not addressed, Goyal said.
31 insurers, 26 TPAs seek to fix rates for surgical procedures
The General Insurance Council has formed a committee to prepare a preliminary list of commonly claimed surgeries. Over time, the committee hopes to make their rack rate list more comprehensive by adding more players.
Baby steps before leap: Global banks, now sense a new vista — regional trade
With RCEP & trade deals, banks realise the future lies in regional areas and are preparing to grab opportunities.
From mythology tales to Swiss bank: Chandamama owners in dock for illegal stash
Switzerland has now agreed to provide account details of Chandamama owners to Indian authorities.
MRP regime: 50% subscribers yet to select TV channels
The regulator has called a meeting of promoters and CEOs of broadcast and distribution companies on Tuesday to discuss the progress made in the switchover.
You may soon have to pay more for cable, DTH service
As per the new rate structure, consumers will have to pay up to Rs 130 (plus taxes) for first set of 100 channels.
Zee Entertainment to convert free channels into pay
However, the channels are likely to be available free of cost on public broadcaster Prasar Bharati’s FTA service, DD FreeDish.
Government issues circular to prevent misuse of FTA with South Korea , ASEAN
" This is the first step (by the government) and could be a potential deterrent against misuse of the ASEAN FTA, " said Surendra Mehta, national secretary, India Bullion & Jewellers Association .
TRAI caps cable bill at Rs 130 for 100 FTA channels
If a pay channel is provided as part of a bouquet, MRP of such pay channel cannot be more than Rs 19.
Hold JSW Steel, target price Rs 900: BNP Paribas
Long steel does not enjoy safeguards and will continue to have a customs duty of 12.5 per cent. Safeguard duties have to be tapering in nature over four years.
Gold traders exploiting duty differential in free trade agreement
The decade-old free trade agreement between India and Association of Southeast Asian Nations has given rise to unintended consequences.
ET round table: Powered by FII enthusiasm, Indian markets are going where they have never gone before
With policy irritants out of the way and attractive valuations, a fractured poll verdict will only trip markets for a short while, conclude experts at The ET Round Table.
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