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🚨 Why Has India Restricted Platinum Alloy Imports? The Indian government has introduced India platinum alloy import restrictions to prevent trade malpractice and tax evasion. Authorities discovered that some traders were misclassifying gold as platinum to avoid higher import duties. 📌 Key Reasons for the Restriction ✅ Misuse of Trade Classification – Some traders were … Read more
Amazon Web Services (AWS) has announced a $8.2 billion investment to expand its cloud infrastructure in India. This move focuses on scaling AWS data centers in India, particularly in Maharashtra, to support the rising demand for cloud computing and AI solutions. 📌 Key Highlights of AWS India Investment 🔹 $8.2 billion allocated for AWS cloud … Read more
UltraTech Cement, India’s largest cement producer, is making a strategic move with its ₹1,800 crore UltraTech Wires & Cables Investment to enter the wires and cables sector. This marks a major expansion beyond cement, positioning UltraTech as a comprehensive building solutions provider. The industry is currently dominated by Polycab, Havells, and KEI Industries—but with UltraTech’s … Read more