China faces no deflation and price situation expected to improve: Stats bureau

The Indian economy likely expected 6.7% in the July-September quarter, according to a median forecast of 10 economists polled by ET, boosted by a strong performance by the services sector.

Telecom operators, chip makers, network providers and handset makers have strongly opposed any hurried decision on a proposed idea to beam TV content directly to mobile phones without a cellular data connection, as the technology is still immature.

India is considering a higher ₹3-crore threshold, up from ₹2 crore, for arrests and criminal prosecution in GST evasion cases. The decriminalization initiative is aimed at reducing harassment and improving ease of doing business.