India Revises Tax Rules to Boost Electronics Manufacturing India’s government has given Apple a major advantage by allowing foreign companies to provide machinery to contract manufacturers without tax liability for five years. This decision was announced as part of Finance Minister Nirmala Sitharaman’s 2026-27 budget, aiming to promote electronics manufacturing in India. Previously, Apple feared […]
Business
Reliance Industries Faces Domestic Retail Slowdown Amid Global and Geopolitical Headwinds
India’s largest company, Reliance Industries Limited (RIL), is navigating a challenging period marked by slowing retail growth and geopolitical pressures affecting its oil and new energy businesses. While the conglomerate’s oil refining and telecom verticals continue to perform steadily, the retail segment slowdown is emerging as a major concern for investors and analysts. Retail Growth […]
Shenzhen to Host Dubai Business Forum 2026, Boosting China-UAE Trade and Digital Economy
Dubai Strengthens Business Links in China The fifth International Dubai Business Forum will be held on May 14, 2026, in Shenzhen, one of China’s top innovation cities. Dubai Chambers announced the event, saying it will help expand Dubai’s global business network and attract more foreign investment. This is the second time the forum will take […]
Magnum Ice Cream Co. Makes Independent Market Debut
Unilever Demerger Leads to New Standalone Company Following Unilever’s demerger of its ice cream business, Magnum Ice Cream Co. officially launched in early December 2025. The newly independent company boasts annual sales of approximately €7.9 billion ($9.3 billion) and includes major brands such as Ben & Jerry’s, Breyers, Cornetto, Klondike, Magnum, Talenti, and Yasso. The […]
How the U.S. Treasury Finally Recognized Tribal Sovereignty in Tax Rules
Tribal Governments and Federal Tax Uncertainty For three decades, tribal governments have urged the U.S. Treasury and IRS to recognize their authority over tax matters, citing their role as sovereign governments running modern economies. This week, the Treasury finally responded with two landmark regulations providing the long-awaited tax clarity. Despite Congress recognizing tribes as governments […]
Royal Saini – Entrepreneur, Business Mentor, and Startup Ecosystem Leader
Who Is Royal Saini Influential Indian Entrepreneur and Global Business Leader Royal Saini is a respected Indian entrepreneur, business consultant, and keynote speaker. He is the founder of Excellency India Group (https://excellency.com/), a multi-industry conglomerate with a strong presence in India, UAE, and Thailand. His work focuses on innovation, sustainable business growth, and mentoring future […]
Nomura Denies Investigation into India Fixed-Income Unit, Confirms STRIPS Trading Compliance
Japanese investment bank Nomura Holdings has rejected reports claiming an internal probe into its India fixed-income business over alleged profit inflation. Earlier reports by Bloomberg News, citing unnamed sources, suggested that Nomura asked senior officials in its rates division to review whether profits had been overstated in recent years. Nomura Clarifies the Situation In a […]
“ATFX Connect Expands Institutional Reach with Bjorn Enqvist Leading Business Development”
🚀 Bjorn Enqvist Joins ATFX Connect ATFX Connect has announced the appointment of Bjorn Enqvist as its new Head of Business Development.In this role, he will drive growth initiatives, expand the firm’s professional and institutional client base, and enhance multi-asset liquidity and connectivity solutions for clients across key global markets. 💼 Experienced Financial Markets Leader […]
Mark Zuckerberg Loses $29B as Meta’s $30B AI Plan Spooks Investors
Meta’s AI Spending Plan Sparks Investor Concerns Meta Platforms Inc. announced plans to sell $30 billion in bonds to fund its artificial intelligence research, triggering a sharp decline in its stock. Investors expressed concern over the company’s ballooning AI budget, which is expected to reach $118 billion in capital expenditures this year and possibly more […]
Gold Prices Drop Amid US-China Trade Optimism, Experts Warn of Market Volatility
Gold and silver prices dropped sharply this week as global bullion markets weakened. Rising optimism over a potential US-China trade deal and a strong US dollar reduced safe-haven demand for precious metals. Gold Market Update On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by Rs 1,546 (1.25%), closing at Rs 1,21,905 […]