 "Piyush Goyal urges increased use of made-in-India products to boost manufacturing, reduce imports, and support local industries.")
Piyush Goyal, the Union Minister of Commerce and Industry, emphasized the importance of using made-in-India products to enhance domestic manufacturing and reduce imports during the UP International Trade Show in Greater Noida. He highlighted that one of the 20 approved industrial townships is being developed in Greater Noida, with its first phase already sold out. ...
 "India’s palm oil import cancellations surge as refiners respond to soaring prices and increased duties, opting for profit over purchases.")
India’s palm oil refiners have canceled 100,000 metric tons of palm oil deliveries planned for October to December, reacting to a significant rise in global palm oil prices and a recent increase in import duties. The Indian government raised import taxes on crude and refined edible oils by 20 percentage points, pushing the total duty ...
 "The Indian job market shows signs of recovery, with rising employment among youth and increased female workforce participation.")
The Indian job Market is currently facing challenges, particularly affecting entry-level positions for business school graduates. Both renowned and smaller institutions are seeing these impacts, with a decline in placement opportunities. However, there is a silver lining; in July, new monthly subscriptions to the Employees’ Provident Fund (EPF) rose by 2.6% to 1.05 million. The ...
 "Government raises customs duties on edible oils to boost farmer incomes, while also slashing onion export duties for increased trade.")
The Indian government has announced an increase in customs duties on crude palm and refined sunflower oil, raising them to 20% and 32.5%, respectively. This move is expected to significantly benefit farmers, especially those in key producing states like Maharashtra and Madhya Pradesh, as it will help raise their income. Additionally, the government removed the ...
 "Protests erupt in Mexico’s Senate over a controversial judicial reform, raising fears of diminished rule of law and increased authoritarianism.")
Mexico’s Senate has temporarily halted discussions on a controversial judicial reform after protesters stormed the building. Critics argue that the proposed changes could undermine the country’s rule of law, leading to widespread demonstrations. The reform, backed by outgoing President Andres Manuel Lopez Obrador and President-elect Claudia Sheinbaum, suggests electing over 6,500 judges, including Supreme Court ...
 "Ikea embarks on a bold expansion in India, targeting Delhi-NCR with smaller stores and increased online presence by 2025.")
Ikea plans to expand its operations in India, focusing on new markets like Delhi-NCR. The company aims to open smaller stores ranging from 30,000 to 70,000 square feet in areas adjacent to its existing large stores. Starting with online sales in early 2025, Ikea will launch its first physical store in Gurugram by 2026. Currently, ...
