October 18, 2025

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19
Nov

Match4industry Business Matchmaking Event- 19th-20th November 2025

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CUSTOMS

17
Oct

Notification No. 65/2025 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

13
Oct

Notification No. 64/2025 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

13
Oct

Circular No. 25/2025 (Delhi)
Implementation of the Sea Cargo Manifest and Transhipment Regulations (SCMTR)-reg.

INCOME TAX

17
Oct

Notification No. 151/2025 (Delhi)
S.O. 4678(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

17
Oct

Notification No. 152/2025 (Delhi)
S.O. 4679(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

17
Oct

Notification No. 153/2025 (Delhi)
S.O. 4680(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

13
Oct

Notification No. 150/2025 (Delhi)
S.O. 4584(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

RBI

13
Oct

RBI/2025-26/92 (Delhi)
Implementation of Section 51A of UAPA,1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendment of 02 Entries

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INDIAN ECONOMY

India must ‘fire on all cylinders’ to sustain growth and boost trade, says IMF

India must fire on all cylinders with focus on domestic demand, reforms, investment, innovation, and trade integration, to sustain high growth and meet its long-term development goals, Krishna Srinivasan, IMF Director of the Asia and Pacific Department (APD), said Thursday. Answering a question from ET Onl...

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India, Brazil agree to deepen economic ties; set $20 billion trade target by 2030

India and Brazil on Thursday agreed to deepen their economic engagement by expanding the scope of their Preferential Trade Agreement (PTA) under the Mercosur framework. As a part of this effort, the two countries have set a new bilateral trade target of $20 billion by 2030, up from $12 billion in 2024. At ...

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Trump tariffs: India's smart strategy could be working

After the United States under President Donald Trump imposed a sweeping 50% tariff on a large basket of Indian exports, India's trade outlook began appearing gloomy. The tariffs impacted more than 60% of India’s exports to the US, including critical labour-intensive sectors such as textiles, gems and jeweller...

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Global giants eyeing India for legal, compliance GCCs

As India’s stature as a hub for Global Capability Centres (GCCs) grows, a quiet revolution is underway with the rise of Global Legal and Compliance Centres (GLCCs). Far from being mere support bases, GLCCs are emerging as engines of legal innovation and governance excellence, by delivering strategic value to ...

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India indicates can buy more energy from US as trade talks resume

India has the headroom to purchase additional energy worth $12 billion to $ 15 billion dollars from the US if it is available at the right price and has indicated it in the ongoing trade talks, a senior official said Wednesday. In the past 7-8 years energy purchases from the US -largely crude oil– has come...

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Rupee sees sharp rebound from near all-time lows after RBI’s $5 billion market move

The Reserve Bank of India (RBI) is estimated to have sold $3-5 billion in spot and non-deliverable forward markets to support the rupee on Wednesday, traders said, marking its largest intervention in months. Seven traders from private, state-run and foreign banks provided the estimates, with two suggesting...

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FTAs show India a preferred destination for investment, trade: Goyal

India’s free trade agreements with developed nations show that it is the preferred destination for trade and investments, commerce and industry minister Piyush Goyal said Thursday. He said India has signed trade agreements with Australia, the United Arab Emirates (UAE) and the four-nation European Free Tra...

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GLOBAL CORPORATE

Oracle Expects Cloud Sales of $166 Billion by 2030 as Business Expands

Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer Clay Magouyrk gave the cloud infrastructure prediction during a meeting with financial analysts, where he said new booki...

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New York Approves Power Line for Micron’s $100 Billion Semiconductor Plant

A new underground transmission line was approved by the New York State Public Service Commission linking an existing Clay substation with Micron Technology's proposed semiconductor megafab facility in Onondaga County, Governor Kathy Hochul announced on Thursday. The two-mile, 345-kilovolt line is a key pie...

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Meta Set to Clinch Nearly $30 Billion Financing Deal for Louisiana Data Center Site, Bloomberg News Reports

Meta Platforms was set to seal an almost $30 billion finance package for its data center site in rural Louisiana, which would be the largest private capital deal on record, Bloomberg News reported on Thursday. Large-scale cloud service providers, called hyperscalers, have been racing to build AI infrastruc...

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US outlines growth, deregulation, energy as priorities for G20 presidency, sources say

The U.S. will focus on economic growth, deregulation and energy as key priorities for its G20 presidency next year, Treasury Secretary Scott Bessent told a meeting of the world's major economies on Thursday, two sources familiar with the remarks said. The upcoming U.S. presidency of the G20 has stirred cur...

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China's rare earth restrictions aim to beat US at its own game

Over the past three years, Washington has claimed broad power to impose global rules that bar companies anywhere in the world from sending cutting-edge computer chips or the tools needed to make them to China. U.S. officials have argued that approach is necessary to make sure China does not gain the upper han...

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Trump poised to ease tariffs on US auto industry, five-year extension on cards

The White House is preparing to ease tariffs on the US auto industry and the announcement could come as early as Friday, a Bloomberg report said. The decision could be a major boost for carmakers who have long pushed for relief from steep import duties. Tariff break for automakers A Bloomberg report, citi...

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Banking

India makes 85% of digital payments via UPI: Malhotra

Reserve Bank of India (RBI) Governor Sanjay Malhotra has highlighted India’s commitment to international cooperation in digital infrastructure as a cornerstone of inclusive economic growth. Addressing the high-level dialogue on forging economic resilience through digital public platforms (DPPs) in Washingt...

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Indian Bank profit rises 11% to Rs 3,018 crore

Indian Bank on Thursday reported an 11% year-on-year growth in its second-quarter net profit at Rs 3,018 crore, driven by higher interest income and lower provisioning for bad loans. Interest income rose 8% YoY to Rs 16,590 crore while interest expenses increased 10% to Rs 10,039 crore. Net interest income...

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GLOBAL ECONOMY

Trade Report
Country Month Link
Switzerland July 2019 Click
Colombian Senate Approves $140 Billion 2026 Budget, Sending to President's Desk

Colombia's Senate gave final approval to the government's 546.9 trillion peso ($140.2 billion) 2026 budget on Wednesday, sending it to the president to sign after prior approval in the lower house. The Senate passed the budget ...

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US Budget Deficit Dips in Fiscal 2025 on Boost From Tariffs, Education Spending Cuts

The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from President Donald Trump's tariffs and cuts to education spending helped offset higher outlays on healthcare and...

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Fed's Kashkari: Economy May Not Be Slowing as Much as We Think

Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the two, "there's more risk of a labor market n...

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Singapore's September Exports Rise 6.9% Y/y, Much Stronger Than Forecast

Singapore's non-oil domestic exports rose 6.9% in September from the same month a year earlier, government data showed on Friday, led by a sharp rise in electronics shipments. Last month's export growth compared with a Reuters...

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Japan's Core Inflation Likely Re-Accelerated in September: Reuters Poll

Japan's core inflation likely accelerated in September for the first time in four months on continued increases in living costs, a Reuters poll showed, adding to pressure on the central bank to raise interest rates. Bank of Jap...

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‘Jobless claims look quite decent,’ say JPMorgan and Goldman Sachs as economists estimate a decline in US claims

The number of Americans filing new applications for jobless benefits fell last week, economists at JPMorgan and Goldman Sachs estimated on Thursday, but lackluster hiring has left many on unemployment rolls. Initial claims for ...

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INDIAN CORPORATE

AAI profit surges 55% to Rs 7,233 crore on small-town air traffic boom

Profit for the government-owned airport operator Airports Authority of India (AAI) jumped a record 55% to Rs 7,233 crore in FY25 from Rs 4,651 crore the year ago, riding the growth of aviation in India. The profit before tax st...

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Jio Financial Q2 profit inches up 0.9% to Rs 695 crore; revenue jumps 41% YoY

Jio Financial Services on Thursday reported a 0.9 per cent rise in net profit to Rs 695 crore for the second quarter ended September 30 on higher interest income. The company had a consolidated net profit of Rs 689 crore in the...

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Higher input cost trim Nestle profit in Q2, but domestic sales highest ever

Nestle India reported a double-digit decline in profit for the second quarter of FY26 on account of higher input costs. Standalone net profit fell 23.6% year-on-year to Rs 753 crore, below Bloomberg consensus estimates of Rs 791 c...

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Wipro rides on large deals to beat Q2 revenue estimates

Wipro, India’s fourth-largest IT firm, managed to post revenue slightly above estimates for the September quarter, driven by large deal wins, even as it awaits a pickup in discretionary spending amid broader macro-economic headwin...

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Infosys Q2 better than expected

Infosys, the country’s second-largest IT services firm, logged better-than-expected performance in the second quarter of the current financial year, with both revenue and net profit beating Bloomberg estimates. After two consec...

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GST

FAQs on GSTR -9/9C for FY 2024-25

GSTR- 9/9C is now available to taxpayers for filing. A list of Frequently Asked Question along with the response has been compiled and is intended to assist the Taxpayer in better understanding of various Tables of GSTR-9/9C and their key aspects - such as reporting of various values in Tables....

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