India’s retail sector anticipates a consumption boost. The GST Council’s tax slab rationalization aims to reduce prices on many goods. Apparel, footwear, and consumer electronics will likely see price drops. Organized retail may gain against unorganized players. Amber Enterprises and Trent are expected to benefit. Challenges like inverted duty structures remain. This policy shift signals a push toward consumption-driven growth.
Global Market: Strait of Hormuz standoff may keep oil volatile, cautions Seth R Freeman
Global energy markets face fresh uncertainty as Iran signals potential closure of the Strait of Hormuz. This critical chokepoint, through which a fifth of global