On Wednesday, the Comprehensive Economic and Trade Agreement between India and the United Kingdom officially took effect, marking a significant reduction in tariffs on thousands of products and enhancing business and professional opportunities across both nations. The accord offers Indian exporters duty-free entry to the majority of British tariff lines, a move poised to benefit various sectors such as textiles, leather, footwear, marine products,...
The UK economy saw a modest expansion of 0.1% in May, bouncing back from a slight 0.1% contraction in April. This growth was primarily fueled by a 0.3% rise in the services sector. However, gains in services were somewhat counterbalanced by a 0.5% decrease in production and a notable 0.8% drop in construction activities.
A standout performer in the economy was the scientific research and...
Oil prices experienced an uptick on Monday as geopolitical tensions in the Middle East stirred inflation concerns and speculation about potential interest rate hikes...