India and UK agreed on a free trade pact that gives British firms access to Federal Government contracts in select sectors – covering goods, services and construction – on a reciprocal basis. India is opening up a chunk of its protected Government procurement market to foreign firms, including the U.S, two Government sources said, in […]
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China’s Government subsidies, aimed at boosting domestic consumption, have spurred a surge in digital product sales, generating approximately $20 billion in just four months. Over 48 million consumers participated, purchasing 51.48 million products. This initiative has led to a significant increase in retail sales of communication appliances and a shift towards higher-end smartphones. The Chinese […]
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Is the Reserve Bank of India supposed to make profits? RBI’s main job is not to make profits but to keep the economy stable. Its goal is to make sure that prices of everyday items don’t rise too fast and that borrowing rates and exchange rates stay steady without wild swings, while still reflecting demand […]
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