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To export, companies must be able to import machinery and other components and, right now, that is very difficult because of the bureaucracy involved in setting up businesses in India. So, this is an urgent requirement for India to address. If they ease the system, it will encourage global players like Apple to set up their own factories and manufacture in India.
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News and Media
For a sample of 412 companies, excluding banking, financial services and insurance (BFSI), three out of every four companies have earned returns over the past month and nearly half of them trade above their year-ago levels. However, 56% and 53% of them are still available at lower price-earnings (P/E) multiples compared with the three-year and five-year average valuations.
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The following day, purchasing manager indexes from Japan to Europe to the US will offer the first coordinated glimpse of manufacturing and services activity since Trump's global tariffs-now partly on hold-were unleashed on April 2. Business surveys from major economies are also on the calendar.
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News and Media
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