India’s Comprehensive Economic Partnership Agreement with Oman comes into effect on June 1, granting New Delhi 100% duty-free access for 98.08% of tariff lines, covering 99.38% of export value. This pact significantly boosts Indian exports across various sectors and enhances mobility for professionals, while also making certain Omani products cheaper for Indian consumers.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.