November 12, 2025

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19
Nov

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

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CUSTOMS

7
Nov

Notification No. 73/2025 (Delhi)
G.S.R. ……. (E).- In exercise of the powers conferred by section 157 read with sub-section (1) of section 54 and section 143AA of the Customs Act, 1962

INCOME TAX

11
Nov

Notification No. 157/2025 (Delhi)
S.O. 5053(E).— In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C of the Income-tax Act, 1961

11
Nov

Notification No. 158/2025 (Delhi)
S.O. 5060(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961

11
Nov

Notification No. 159/2025 (Delhi)
S.O. 5061(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

7
Nov

Notification No. 156/2025 (Delhi)
S.O. 5006(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

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INDIAN ECONOMY

India's growth cycle bottoming out, with indicators like interest rate and liquidity cycles supporting growth ahead: Report

The domestic growth cycle may be bottoming out, with low interest rates and liquidity cycles, a decline in crude oil prices, and a normal monsoon, all supportive of stronger growth prospects for the Indian economy in the coming months, according to a report by HSBC Mutual Fund. As per the report, these sev...

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Unemployment rate dips marginally to 5.2% in Q2, but inches up in urban areas

India’s overall unemployment rate among the persons aged 15 years and above declined marginally in the second quarter of 2025-26 even though there was a slight uptick in joblessness in the urban areas and among the people in the 15-to-29-year age group, according to the quarterly Periodic Labour Force Survey ...

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Raise R&D funding, boost value-chain development, farm experts tell FM

Experts on Monday called for higher funds for agricultural research work, integrated farm value chains. They also stressed the need to improve agricultural financing amidst rising concern about the climate change challenges. During a pre-budget consultations with Finance Minister Nirmala Sitharaman, sevent...

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MARKET & FINANCE

AMFI Data: Mutual fund SIP inflows inch up 1% to Rs 29,529 crore in October

The mutual fund SIP inflows have witnessed a marginal jump of 1% on monthly basis to Rs 29,529 crore in October compared to Rs 29,361 crore in September The SIP AUM is at Rs 16,25,304.94 crore for the month of October 2025 i.e 20.3% total mutual fund industry’s assets. SIP contribution for October 2025 sto...

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GLOBAL CORPORATE

US Container Imports Fall in October Amid Tariff Driven Caution

U.S. imports of containerized goods fell 7.5% year-over-year in October, as shipments from China plunged 16.3% amid importer caution over President Donald Trump's evolving tariff policies, supply chain technology provider Descartes said on Monday. U.S. seaports handled a total of 2.3 million twenty-foot eq...

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Tesla's China Sales Fall to 3-Year Low Amid Tepid Demand

Tesla's sales in China dropped to 26,006 vehicles in October, their lowest in three years, as the U.S. electric vehicle maker struggles with tepid demand in the hyper-competitive market. Sales fell 35.8% from a year earlier, down from September's figure of 71,525 when Tesla began deliveries of the Model Y ...

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Sony Raises Profit Forecast by 8%, Cites Lower Tariff Impact, Anime Strength

Sony raised its operating profit forecast for the year ending March 2026 by 8% to 1.43 trillion yen ($9.5 billion) on Tuesday, citing a smaller-than-expected impact from U.S. tariffs and the strength of its entertainment and chips businesses. Operating profit in the July-September quarter climbed 10% to 42...

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SoftBank Profit More Than Doubles to $16.6 Billion on OpenAI Gains

SoftBank Group Chief Executive Masayoshi Son's "all in" bet on OpenAI appears to be paying dividends after the ChatGPT-maker's valuation soared this year, producing a surge in quarterly profit for the Japanese technology investor. The results mean more money for SoftBank to employ in its artificial intelli...

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China to Provide New Investment Opportunities to US Companies

China will continue to promote the expansion of market access, particularly in the service sector, which will bring new investment opportunities to companies including those from the United States, senior Chinese trade negotiator Li Chenggang said, according to a statement from the Ministry of Commerce on Tue...

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Restaurant Brands to form joint venture with CPE to expand Burger King in China

Restaurant Brands International said on Monday Chinese firm CPE will invest about $350 million in Burger King China as part of a joint venture that aims to more than triple the burger chain's store count by 2035. Following the transaction, CPE will hold an 83% stake in the business, while RBI will retain a...

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‘No plan B for Earth,’ warned Amazon founder Jeff Bezos, insists on moving factories, data centers to the Moon

As Google’s Project Suncatcher, which was announced recently, aims to put AI data centers around the Earth’s orbit, attention comes to billionaire entrepreneur and Amazon founder Jeff Bezos, who had expressed similar ambitions almost a year ago, calling for humanity to relocate heavy industry and infrastructu...

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INCOME TAX

Rs 10 lakh penalty for genuine taxpayers making inadvertent reporting errors; why Black Money Act needs changes

The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (“Black Money Act”) was enacted with a clear goal — to unearth undisclosed foreign income and assets and discourage tax evasion. Fast forward 10 years and its implementation has sparked serious concerns about fairness and ...

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GLOBAL ECONOMY

Trade Report
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Vietnam PM Says Economy Strong Enough to Cope With External Shocks

Vietnam's economy is robust enough to withstand external shocks, Prime Minister Pham Minh Chinh said at a business conference on Monday. Chinh said that 8% growth this year was achievable. Last month, Chinh told parliament that...

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Germany Needs Sweeping Reform to Regain Competitiveness, Minister Says

Germany must undertake sweeping reforms to regain its economic competitiveness, Economy Minister Katherina Reiche said on Monday, warning that the country is mired in a structural crisis. "The situation is serious," Reiche said...

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UK Consumer Spending Slows Ahead of Black Friday and Budget

Spending from British consumers cooled last month as they waited to see how Black Friday deals and the government's budget later this month, widely expected to contain tax hikes, would pan out, surveys showed on Tuesday. Barcla...

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Australian Business Activity Picks up in October, Survey Shows

A measure of Australian business conditions picked up in October as firms reported better sales and profits, while gauges of costs and prices eased back further and looked to be well-behaved. The survey from National Australia ...

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New Zealand Inflation Expectations Remain Subdued in Q4, Survey Shows

New Zealand's inflation expectations remained subdued in the fourth quarter, a Reserve Bank of New Zealand (RBNZ) survey showed on Tuesday, with most respondents expecting a cut in the official cash rate when the bank meets end of...

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UK Wage Growth Slows Slightly to 4.6% in Three Months to September, ONS Says

British annual wage growth, excluding bonuses, slowed slightly to 4.6% in the three months to September compared with a year earlier, the Office for National Statistics said on Tuesday. A Reuters poll of economists had mostly e...

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INDIAN CORPORATE

US private equity firm General Atlantic set to acquire 7% of Balaji Wafers for Rs 2,500 crore

US private equity firm General Atlantic is in the final stages of buying a 7% stake in Balaji Wafers for Rs 2,500 crore (approximately $282 million), valuing the Gujarat-based packaged ethnic snack maker at about Rs 35,000 crore (...

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Adani plans to build India’s largest battery storage system

Billionaire Gautam Adani plans to build a multi-billion dollar battery energy storage system in western India to support his group’s renewable energy ambitions, according to people familiar with the matter. The proposed install...

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Govt begins work on relief package for Vodafone Idea after SC ruling

The government has initiated the process of preparing a relief package for Vodafone Idea (Vi) following the Supreme Court’s recent verdict in the adjusted gross revenue (AGR) case, reported Times of India. The move aims to address...

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Vodafone Idea narrows net loss to Rs 5,524 crore, revenue up 1.6%

Vodafone Idea on Monday reported a sequential improvement in its financial performance for the July-September quarter, supported mainly by lower finance costs and steady growth in operating revenue. The company posted a net loss o...

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ONGC reports 28% jump in consolidated net profit in Q2FY26

State-run Oil and Natural Gas Corp on Monday recorded a 28% jump in its consolidated net profit in the second quarter of financial year 2025-26 at Rs 12,614.60 crore from Rs 9,841.40 crore in the same period last fiscal. The co...

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Reliance Power subsidiary wins 50% of total SJVN renewable tender

Anil Ambani-led Reliance Power’s wholly-owned subsidiary, Reliance NU Energies, has emerged as the largest winner in the 1500 MW / 6000 MWh Firm and Dispatchable Renewable Energy (FDRE) ISTS tender issued by SJVN, a Navratna enter...

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JSW Energy commissions first green hydrogen plant; targets 85,000–90,000 tonnes green hydrogen per annum by 2030

JSW Energy has commissioned its first green hydrogen plant. In an exchange filing, the JSW Group company said that the facility is India’s largest green hydrogen manufacturing plant. JSW Energy said that it will supply the pro...

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JK Tyre to spend Rs 5,000 cr over 5-6 years to boost output

JK Tyre & Industries will invest Rs 5,000 crore over the next 5-6 years to expand its production capacity, Chairman and Managing Director Raghupati Singhania said on Monday. With this investment, the company will enhance its capac...

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