Tax waiver extension a welcome boost for Indian garment exporters
Indian apparel and ready-made garment (RMG) exporters trying to weather the dual headwinds of depressed ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
A ‘Long Read’ from Bloomberg on Indian Railways, still one of the most infuriating, admirable and downright unworkable organisations that human history has ever seen. “Most nations have an annual budget for government spending. India has two. One for Indian Railways and one for everything else.” Even more extraordinary, perhaps, is the unusual fact that freight effectively subsidises passenger operations – it brings in something like three-quarters of IR’s annul budget, and yet accounts for just a quarter of the trains. Interesting for train spotters, freight geeks and India-philes alike.
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