Switzerland has suspended most-favored-nation status for India under their tax treaty, but Indian officials say the immediate trade impact will be minimal. The move raises concerns about investment flows under the European Free Trade Association agreement, which includes a $100 billion investment commitment from EFTA nations to India over 15 years.
Raymond Q2 Results: Net profit jumps 130% YoY to Rs 32 crore, revenue rises 24%
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.