 "India’s import tax hike on edible oils aims to support struggling farmers, dramatically impacting global prices amid election pressures.")
India has increased import taxes on crude and refined edible oils by 20 percentage points to support local farmers facing low oilseed prices. This decision raises the total import duty on palm oil, soyoil, and sunflower oil to 27.5%, significantly impacting the prices of these oils and potentially reducing demand from overseas. The new duties ...
 "Samsung plans to cut up to 1,000 jobs in India and reduce global workforce by 30% amid economic pressures.")
Samsung Electronics, the leading global manufacturer of smartphones and memory chips, is set to lay off up to 30 percent of its overseas staff, potentially affecting around 1,000 employees in India. The company plans to reduce its sales and Marketing workforce by 15 percent and administrative staff by 30 percent across various regions, including the ...
 "India’s Services Sector Surges: PMI Hits Five-Month High Amid Cost Pressures")
India’s services sector saw its strongest growth in five months, with the Services Purchasing Managers’ Index (PMI) rising to 60.9 in August, up from 60.3 in July. This marks an ongoing expansion above the crucial 50-point mark since August 2021, driven by increased domestic orders and resilient demand despite a slight dip in international orders. ...
