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Starbucks chief executive officer Laxman Narasimhan said it will open a new store every third day in India to operate 1000 cafes by 2028, betting on the tea drinking nation which he called out for having 'an impressive development with improved ease of doing business.' «It is really impressive when you look at the investments in infrastructure, you look at the building that is taking place, you look at how there's a digital revolution. The government is focused on eliminating some of the friction that does exist in areas like business or taxation and how they lean in to support businesses that are looking to invest in the country,» Narasimhan told ET, during his maiden visit to India after taking over the helm last March.

Agrochemicals manufacturer GSP Crop Science is eyeing Rs 1,800 crore in revenue in 2024-25, following its domestic as well as overseas market expansion, a top company executive has said. “In 2022-23, our annual revenue was at Rs 1,600 crore. We are looking at Rs 1,800 crore revenue in FY25. Overall our target is to reach Rs 2,500 crore in next 3-4 years with the addition of overseas business especially in Brazil,” GSP Crop Science Managing Director Bhavesh Shah told PTI.

interim budget 2024 before the Lok Sabha elections later this year. Over the last few years, capital gains taxation is one aspect of individual taxation which needed some reform. While some changes have been made over the years, the structure is still pretty complex and difficult to comply with for a layperson.

Gujarat Chief Minister Bhupendra Patel has said his government has set a target to contribute 10 per cent to India's GDP and become a USD 500 billion economy by 2026-27. At present, Gujarat, with five per cent the country's population, contributes 8.3 per cent to the national Gross Domestic Product (GDP) and in the previous year, the state accounted for 33 per cent of India's total merchandise exports, Patel said in an email interview to PTI ahead of the 10th Vibrant Gujarat Global Summit, to be inaugurated by Prime Minister Narendra Modi on Wednesday.

By Ted Hesson

Investing.com-- Most Asian currencies kept to a tight range on Tuesday, but saw some relief as the dollar was hit with profit-taking before key inflation data that is set to offer more cues on interest rate cuts this year.

Global Participation: Over the years, the Vibrant Gujarat Summit has evolved into a global platform, witnessing participation from 135 countries and over 2000 exhibitors. This year's summit attracted global leaders, including UAE President Sheikh Mohamed bin Zayed Al Nahyan. The 3-km-long roadshow will start in the evening after the PM receives the UAE President at the airport, said Deputy Commissioner of Police (Traffic-East), Ahmedabad city, Safin Hasan.

Bangladesh Prime Minister Sheikh Hasina swept the country’s 7 January elections to achieve a fourth straight term in power, with her Awami League party winning a heavy majority of the parliamentary seats up for contest. It is another matter that these were not contested in any real sense, as the main opposition Bangladesh Nationalist Party (BNP) had boycotted the polls.

Investing.com-- Most Asian stocks rose on Tuesday as regional technology shares surged amid renewed optimism over artificial intelligence, while focus remained on a slew of upcoming inflation reports for more cues on interest rate cuts this year.

Cushman and Wakefields Bruce Mosler explains why he is optimistic about 2024 on The Claman Countdown.

Investing.com-- Oil prices steadied in Asian trade on Tuesday after falling sharply at the beginning of the week, as sharp price cuts on oil sales by Saudi Arabia ramped up concerns over sluggish demand.

Nigeria’s president has suspended the country’s minister of humanitarian affairs and poverty alleviation over the use of a private bank account for ministry financial transactions in the government’s social welfare program

SYDNEY (Reuters) — Australian retail sales surged in November as shoppers feasted on Black Friday bargains, though analysts suspect spending was merely borrowed from the future and the gains will reverse in December.

stock benchmarks dropped close to 1% on Monday as investors cut their bets ahead of the start of the third-quarter corporate results season this week. The market was also cautious in the run-up to the December US consumer inflation data scheduled on January 11, after the country's jobs data for the month turned out to be stronger than expected. These economic readings could be some of the key factors determining the US Federal Reserve's upcoming monetary policy actions. BSE's Sensex dropped 670.93 points or 0.93% to close at 71,355.22.

Reliance Consumer Products-owned soft drink brand Campa will be one of the official central sponsors of all the Board of Control for Cricket in India (BCCI) series played in the country starting this year. The brand has signed a multi-year deal with the BCCI, a development that blocks out rivals Coca-Cola and PepsiCo for BCCI matches played in India, executives directly aware of the developments said. According to one of the executives, the deal will get Campa exclusive on-stadium presence, pouring rights and beverage partnership of all cricket matches played in the country within the tenure. This will be Campa's first big cricket sponsorship since the brand was relaunched by Reliance over a year back, and comes ahead of the summer season, which is expected to see a pitch battle between cola makers this year, after a rain-washed last summer season. The Campa deal with the BCCI will cover all cricket played in India and will also include the under-19 series and women's series, one of the executives said. The financials of the sponsorship could not be ascertained. A formal announcement by the BCCI is expected in the coming days. «Any such exclusive cricket sponsorship is a significant benefit for brands, given the reach and following cricket has in India.

The United Arab Emirates-India relationship is without question one of the region’s most dynamic partnerships. It is one that stands as a global exemplar for the positive benefits that can be achieved through open, consistent and constructive dialogue; visionary leadership; and mutual respect.

₹3,89,529 to ₹4,44,768 in the current financial year," the Arvind Kejriwal government said as the Statistical Handbook-2023 was released on Saturday. “This is 158 per cent higher than the national average," he added. It was reportedly the highest among all states and union territories in 2023.

Indians who have never wanted to go to the Maldives on vacation now don't want to go vacationing to the Maldives. Which makes boycotting the Maldives as a holiday destination a wee bit easier.

A moon landing attept by a private US company appears doomed because of a fuel leak on the newly launched spacecraft

Farmers are blocking highway access roads in parts of Germany and snarling traffic elsewhere, launching a week of protests against a government plan to scrap tax breaks on diesel used in agriculture

An emergency landing by an Alaska Airlines jetliner has prompted U.S. federal authorities to ground some Boeing 737 Max aircraft, adding another episode to the troubled history of Boeing’s Max lineup of jets