Corporate hospitals are growing in big and smaller cities. Diagnostics is consolidating with stringent quality norms. Pharma faces US market challenges but is steady elsewhere. Cotton import duty suspension is unlikely to boost textile exports significantly. Textile margins are thin, and US consumer demand may weaken. Rising inflation and tariff issues pose challenges for the Indian textile sector.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while