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India biscuit market: Parle’s sales grow in FY25; profitability hit by intense competition

Parle Products reported steady growth in revenue in FY25, even as profitability came under pressure, highlighting the intense competition and changing dynamics of India’s biscuit and confectionery market. The unlisted FMCG major recorded an 8.5 per cent rise in operational revenue to Rs 15,568.49 crore in the financial year ended March 31, 2025, according to…

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Commodities watch: Gold seen climbing on safe-haven buying; silver may correct after record highs

Gold prices are expected to extend their upward trend in the coming week, supported by safe-haven buying and expectations of policy easing by the US Federal Reserve, while silver may see a phase of consolidation after its recent sharp rally, analysts said.According to news agency PTI, market participants will closely track a series of global…

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Greenland row: France’s Macron urges trade ‘bazooka’ action against US tariffs; seeks activation of EU anti-coercion instrument

AI image (Picture credit: Google Gemini) French President Emmanuel Macron will ask the European Union to activate its powerful anti-coercion instrument if the United States goes ahead with imposing tariffs on European countries amid the standoff over Greenland, according to officials and media reports.Macron’s office said on Sunday that the French president would request the…

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Budget 2026: MAIT seeks customs duty cuts on key electronic components; push to boost domestic manufacturing

The IT industry body MAIT has urged the government to reduce basic customs duty on key electronic components and enhance tax incentives in the upcoming Union Budget to strengthen domestic manufacturing and improve global competitiveness.In its pre-Budget recommendations submitted to the finance and IT ministries, the Manufacturers’ Association for Information Technology (MAIT) proposed cutting basic…

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India’s pharma shipments: Brazil, Nigeria emerge as key export destinations; market expands to $20.48 billion

Even as global economic uncertainity drags down trade, Indian pharmaceutical exporters are seeing growth in Brazil and Nigeria as both countries are emerging as important overseas markets. Data by the commerce ministry data shows that Nigeria has been a major driver of this shift. During the first eight months of the current financial year, exports…

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Greenland row: Trump rattles EU with tariff threats – why India should take note for US trade deal

While the tariffs are for EU countries, the policy uncertainty under Trump is a reminder for India which is currently negotiating a trade deal with the US. (AI image) US President Donald Trump’s latest threat to impose tariffs on European Union countries – a move openly linked to Greenland, following these countries’ support for Denmark’s…

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5 new Amrit Bharat Express today! PM Modi flags off 2 trains, 3 more to come — Check timing, stations, routes & more

Prime Minister Narendra Modi flagged off two new Amrit Bharat Express trains in Assam on Sunday, marking another major step in expanding India’s long-distance rail network aimed at improving travel experience and connectivity for the common man. The newest Amrit Bharat trains are: Dibrugarh–Gomtinagar Amrit Bharat train and Kamakhya–Rohtak Amrit Bharat Express.Apart from these, PM…

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