MUMBAI India’s home interiors market could double its pace of growth in five years as consumers are increasingly spending on personalised and functional living spaces helped by rising disposable incomes. The market, currently valued at $12.3 billion is projected to reach $24.5 billion by 2030, growing at a compound annual growth rate (CAGR) of about 12%, showed a study by …
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Gemma HandyBusiness reporter Wilkie Arthur, Eagle Legal News The Royal Turks and Caicos Islands Police Force is increasingly having to respond to fatal shootings Jacques Phanor used to sleep with his windows open. Until just a few years ago, the Turks and Caicos Islands were known predominantly as a luxury Caribbean tourist destination. The startling beauty of the archipelago has …
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Natalie ShermanBBC News, Fall River, Massachusetts BBC Frank Teixeira and his daughter Sue Teixeira, co-owners of Fall River-based Accurate Services In a corner of a cavernous 1890s factory in southern Massachusetts, 15 people are bent over sewing machines, churning out specialty, hospital-grade neonatal gear. They are all that remain of what was once a much bigger manufacturing operation, most of …
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Nick BeakeUS Verify Correspondent in Ellabell, Georgia EPA/US Immigration and Customs Enforcement handout Some 400 state and federal agents gathered outside the factory complex before lining workers up inside A South Korean worker who witnessed a massive immigration operation at a car factory in Georgia has told the BBC of panic and confusion as federal agents descended on the site …
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MUNICH: German automotive group Volkswagen is looking at India as a potential market for its affordable small electric cars and is working with partners on how to best introduce them in the market, its CEO Oliver Blume said on Sunday. “India is a fantastic market, now the third biggest in the world. We see potential in India. We are sorting …
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NEW DELHI: Finance minister Nirmala Sitharaman has said that the government is keeping a ‘good watch’ on exchange rates, stressing that besides rupee several other currencies have depreciated against the US dollar.“The rupee slide is largely against the dollar, not against any other currencies. That’s also because of the way globally, the dollar has strengthened,” she said when asked if …
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MUMBAI: E-commerce majors Amazon and Flipkart have begun updating their internal systems to ensure that scores of sellers registered with their platforms are able to pass on the benefits from GST rate reductions to their customers from Sept 22, the day the new tax slabs take effect. “To ensure seamless compliance, we are proactively updating our systems with the revised …
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Urban households in India are set to embrace e-commerce like never before this festive season, with a new LocalCircles report predicting a sharp rise in online shopping. The findings suggest that recent GST rate changes have helped boost consumer confidence just ahead of the spending rush.The study, ‘How Urban Indian Households Will Spend During Festive Season 2025’, expects a 115% …
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The TUC has urged the government to “stay on course” in delivering its Employment Rights Bill. The bill would be a major shake-up of workers’ rights, which would include protection against unfair dismissal, and a ban on “exploitative” zero-hours contracts. Speaking at the TUC congress in Brighton, TUC general secretary Paul Novak told the BBC: “I am confident that the …
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India and Israel are set to sign a Bilateral Investment Treaty (BIT) during the visit of Israel’s finance minister Bezalel Smotrich later this week, in what is being seen as a step towards laying the groundwork for a free trade agreement (FTA), according to sources.Smotrich will be in India from 8 to 10 September on a three-day official tour. He …
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