As part of an inquiry into the ‘Pandora Papers’ disclosures that exposed Rohan Timblo’s suspected undeclared foreign money outside of India, the Enforcement Directorate has confiscated an asset worth Rs 36.8 crore that belonged to the son of a Goa miner.
Adidas and Bata, are an Indian shoemaker companies, which are in discussions about forming a strategic relationship for the Indian market. For a strategic cooperation for the Indian market, Bata India and the world’s largest shoe manufacturer Adidas are in discussions.
Sector-wide profitability grew both YoY and sequentially, driven by steady to rising product pricing and stable to falling raw material prices. Four public sector banks, including the largest lender in the nation, State Bank of India, were among the 40 businesses.
China, the second-largest economy in the world, has recorded its first deflation since 2021, and the country’s growth is slowing at a great pace. The decline increases the likelihood that businesses will reduce production and lay off workers. Beijing prefers tailored measures to large-scale stimulus packages to reverse the trend, but people aren’t spending as a result of the economy’s sluggish income growth and uncertain future.