- A little bit slow off the gate in quick commerce, says Amazon India head as company ramps up quick commerce push June 7, 2026In an interview with Mint, Amazon India country manager Samir Kumar outlines the company’s push into quick commerce, expanding investment plans and its long-term bet on India as it marks 13 years in the country.
- Hong Kong’s Private Wealth Bankers Should Be Anxious June 7, 2026Shortly after Hong Kong narrowly overtook Switzerland as the world’s largest offshore wealth management hub, the sustainability of this business is already being called into question.
- Anant Ambani's appointment as whole-time executive director of Reliance secures 94.4% shareholder approval June 7, 2026Anant M. Ambani has been appointed whole-time executive director of Reliance Industries with 94.4% shareholder approval. Details here.
- Rajesh Exports may be removed from PLI scheme by Heavy Industries Ministry June 7, 2026This development follows a severe interim order passed by SEBI alleging massive financial fraud at the Bengaluru-based corporation
- Rajesh Exports: Sent 400 GB docs to Sebi, regulator couldn't locate files; will resubmit in 15 days June 7, 2026Rajesh Exports, among India's largest gold processing companies, is facing allegations of inflating its consolidated revenues by more than ₹15 trillion over five years by attributing massive revenues to overseas subsidiaries, according to findings of a Sebi probe.
- 'Domestic cos got lower ubsidies than Chinese peers, on par with North America' June 7, 2026Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. Indian companies borrow at market rates, unlike China's below-benchmark loans. Key sectors like solar PV and semiconductors show concentrated subsidies in China. This data offers a clear comparison of global industrial […]
- FTA talks with EAEU likely to take up agri, marine goods June 7, 2026India will discuss easing export compliance for marine goods, agricultural items, and processed foods with the Eurasian Economic Union. Talks will focus on sanitary and phytosanitary rules and technical barriers to trade. These measures act as non-tariff barriers. Indian trade negotiators will visit Moscow for the second round of talks. The terms of referenc […]
- RBI may need to absorb at least half of hedging cost to spur ECBs by PSUs June 7, 2026The Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps for overseas borrowing until September 2026. Bankers suggest the RBI needs to cover at least half the hedging costs for this to make borrowing abroad cheaper and viable for these companies.
- Paying tax won't legitimise cash stashes June 7, 2026The taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department to confiscate it. Even if tax is paid, individuals can't escape benami law if they fail to reveal the source of the money, impacting those trying to regularize unaccounted wealth.
- Very short window for India amid China supply-chain shift, says CEA V Anantha Nageswaran June 7, 2026China's policies are hindering global supply-chain diversification. India faces a brief opportunity to attract relocating businesses. A proactive policy is crucial to capitalize on shifting geopolitical and economic landscapes. The nation's economy shows resilience but faces risks from inflation and trade deficits. Strategic reforms are vital for l […]
Unable to display feed at this time.