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India hits record 2.56 million vehicle sales in June, up 22 percent

Car and two-wheeler sales across India jumped 22 percent in June, reaching 2.56 million vehicles, according to data from the automobile retail sector. This marks the highest monthly sales figure on record. The surge reflects a combination of factors: the end of the financial year push, monsoon season demand for two-wheelers, and consumer confidence returning […]

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India and UK trade deal triggers early export rush before official launch

India’s trade agreement with the UK is prompting a sudden wave of export orders and import shipments ahead of the deal’s official launch on July 15. Companies across textiles, automobiles, machinery, and food products are accelerating orders right now, according to reporting from ET Economy. The rush reflects a straightforward business calculation: tariff changes coming

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RBI keeps crypto ban as an option, tells lawmakers

India’s central bank has told a parliamentary finance committee it is not shifting from its cautious approach to cryptocurrency, and a complete ban remains a viable policy option. Reserve Bank of India officials conveyed this during discussions with house members this week, signaling that despite growing investor demand and tech industry appeals for an open

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Rapido and Bharat Taxi face GST that may cut driver earnings

The government is considering applying GST, or Goods and Services Tax, to subscription-based ride-hailing platforms like Rapido and Bharat Taxi. This could reduce what drivers earn from each ride, according to a report in ET Economy. Currently, these platforms operate differently from Uber and Ola. Riders pay a monthly subscription fee to access the service,

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Coke and Pepsi duopoly in India faces biggest challenge in decades

India’s cola market, controlled by two companies for nearly four decades, is finally facing genuine competition. Coca-Cola and PepsiCo have dominated the fizzy drink category since entering India in the 1990s, but their duopoly is showing signs of strain. According to ET Finance, new competitors and local brands are now gaining market share, marking the

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Oyo parent PRISM reported Rs 748 crore profit before IPO filing

Oyo’s parent company PRISM Holdings has reported a net profit of Rs 748 crore in filings related to its planned IPO. But the profitability claim comes with a significant warning: the company’s auditors have identified material weaknesses in its internal financial controls and accounting systems, casting doubt on how reliable these profit figures actually are.

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Quick commerce apps are taking customers away from kirana stores

Quick commerce apps like Blinkit, Zepto, and Instamart have fundamentally altered how millions of Indians buy everyday groceries. These platforms promise delivery in 10 minutes or less, and urban consumers are embracing them at a pace that surprises even investors. For kirana stores that have operated for generations, the shift represents an existential challenge. The

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Indian banks expand green loans as climate finance rules take shape

Indian banks are expanding their green lending portfolios as the government moves toward finalizing a climate finance taxonomy, a classification system designed to help lenders identify which projects genuinely support environmental goals. The taxonomy, still under development, represents an effort to standardize what counts as sustainable finance across India’s banking sector. The move signals a

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