Total retail holding in Central Depository Services (CDSL) went up to 51.4% in the fourth quarter from 42.3% in the October-December quarter, making it one of their biggest bets. Shares of CDSL, which had gone up 22.4% in the third quarter, had fallen nearly 31% in the March quarter
Under the new FTA, India has agreed to cut import duties on Scotch, whisky and gin from 150% to 75% with immediate effect, with a further reduction to 40% over the next 10 years. This means that imported spirits, especially premium Scotch, will become much cheaper for Indian consumers.
The unanimous decision to stand pat will keep rates at 4.25% to 4.5%. Rates have been there since December after a series of cuts in the second half of 2024.
The landmark Free Trade Agreement (FTA) eliminates existing tariffs on textile trade between the two countries. As per an Elara Capital report, textiles and apparel trade is at $1.42 billion, with India exporting nearly the entire quantum.
The auto experts at Edmunds have come up with their five favorite performance vehicles for under $35,000. True, you wont be able to buy anything with a V8. The same applies to electric power the best-value electric performers cost more. But the vehicles listed here have other distinct advantages. All of the following prices include destination fees.
