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INDIAN ECONOMY

Trade push: India seeks faster Russian clearances as both sides target $100 bn by 2030; pharma and marine approvals on priority

India has asked Russia to fast-track approvals for Indian exporters --including expedited listing of domestic establishments and quicker registration of marine and pharmaceutical products as part of a broader push to expand two-way trade, the commerce ministry said on Thursday. Commerce secretary Rajesh...

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All possibilities on table: Piyush Goyal on resuming FTA talks with Canada

Commerce and Industry Minister Piyush Goyal has said all possibilities are on the table regarding the resumption of free trade agreement (FTA) negotiations with Canada. Goyal said he has held two rounds of discussions with Canada's Minister of Export Promotion, International Trade and Economic Development ...

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Retail inflation likely to stay negative excluding gold; RBI faces policy dilemma: Report

The retail inflation excluding gold is expected to remain negative over the next two months, accirding to a report by SBI Research, highlighting an unusually low-inflation environment in India. India's CPI inflation moderated to an all-time low of 0.25 per cent year-on-year in October this year, largely dr...

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Andhra eyes $500-billion investment in 3 years, starts work on drone & space cities

Andhra Pradesh on Friday set a mammoth target to attract $1 trillion investments in assorted sectors over the next 10 years, laid the foundation stone for its ambitious drone and space city projects, and vowed to launch a “Quantum Valley” by January, seeking to position itself as the leading state in high-tec...

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India negotiating trade agreements with key global markets: Piyush Goyal

India’s Commerce and Industry Minister Piyush Goyal said that the country is currently negotiating free trade agreements (FTAs) with several economies including the United States, the European Union, New Zealand, Oman, Peru and Chile. He was speaking at the CII Partnership Summit 2025 Goyal also said that ...

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US tariff likely to be lowered to 15-20%: Economists

Economists expect reciprocal US tariffs on Indian exports to be lowered to 15%-20% by the end of December, as there seems to be some concrete movement from both governments. Importantly, most believe the additional 25% penalty duty, imposed on August 27, is on its way out after India has moderated its oil ...

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RBI steps in with relief measures for tariff-hit exporters

The Reserve Bank of India (RBI) has announced the Trade Relief Measures Directions, 2025 on Friday to cushion exporters from global trade disruptions and ensure continuity of viable businesses. Effective immediately, the framework applies to commercial banks, co-operative banks, NBFCs (including housing finan...

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MARKET & FINANCE

FIIs net sell Indian equities worth Rs 4968 crore, DIIs record-high buying since August, at Rs 8461 crore

Foreign investors (FIIs/FPIs) net sold Rs 4968 crore worth of Indian equities on Friday, November 14. This is the highest sell off so far for the month of November. At the same time, domestic institutional investors (DIIs) net bought shares at a record high since August 29, worth Rs 8461 crore, according to p...

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India's forex reserves fall by $2.7 billion to $687.73 billion as of November 7

India’s foreign exchange reserves fell by $2.7 billion to $687.73 billion in the week ended November 7, 2025, the Reserve Bank of India (RBI) said on Friday. The reserves had dipped by $5.6 billion to $689.73 billion in the week preceding that, the weekly statistical data shared by the central bank had not...

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Mutual funds lift investments in IT stocks in October, rebounding from a 67-month low

Mutual funds have inched up their investments in IT stocks to 7.6% in October after touching a 67-month low in September 2025. The investments on monthly basis have gone up by 10 basis points from 7.5% in September to 7.6% in October whereas on a yearly basis, the investment has gone up by nearly 130 basis...

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Bond markets stable amid global uncertainty; short- to medium-term debt funds remain attractive: Canara Robeco CIO

Global financial markets are showing surprising resilience despite a series of geopolitical and economic challenges, according to Avnish Jain, Chief Investment Officer – Fixed Income at Canara Robeco Asset Management Company. Jain notes that even with the prolonged Russia–Ukraine conflict and the recent US go...

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Debt mutual funds receive inflows of Rs 1.59 crore in October. Are investors shifting back to safer assets?

Debt mutual funds received an inflow of Rs 1.59 lakh crore in October after witnessing an outflow for two consecutive months. Market experts say that the turnaround was largely driven by institutional investors who redeployed surplus cash after the quarter-end outflows observed in the previous month. “Debt...

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GLOBAL CORPORATE

Apple's China IPhone Sales Jumped 22% in Month After IPhone 17 Launch

Sales of iPhones in China rose 22% from year-earlier levels in the first month after the iPhone 17 series launched, even as the broader market softened, a private survey showed on Friday. The new lineup drove most of Apple's smartphone sales in China in the period from the September 19 launch, with the 17 ...

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Exclusive-Saudi Aramco to Sign US LNG Agreements During Crown Prince's Visit to Washington, Sources Say

Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth LNG when Saudi Arabia's Crown Prince Mohammed bin Salman visits Washington next week, sources familiar with the matter told Reuters. The world's largest oil exporter, Saudi Aramco, wants to become ...

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Exclusive-A New Rare Earth Crisis Is Brewing as Yttrium Shortages Spread

Global supplies of the rare earth element yttrium are running low due to Chinese export restrictions, sparking fears of shortages and surging costs that could hit aerospace, energy and semiconductor production. China, the main source of the element used in speciality alloys found in engines as well as coat...

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US-Ukraine Critical Minerals Fund Hires Advisers A&M to Identify Projects

The U.S. fund overseeing U.S. President Donald Trump's critical minerals deal with Ukraine said on Friday it had appointed advisory firm Alvarez & Marsal to help it identify and size up potential opportunities. Ukraine and the U.S. in April signed a deal, heavily promoted by Trump, that gave the United Sta...

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Google Plans $40 Billion Texas Data Center Investment Amid AI Boom

Alphabet's Google said on Friday it would invest $40 billion in three new data centers in Texas, as part of its push to expand capacity for artificial intelligence initiatives. The investment, which will be made through 2027, underscores the intensifying competition among AI and cloud service providers to ...

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Trump cuts tariffs on beef, tomatoes and other food products as grocery inflation climbs

U.S. President Donald Trump on Friday rolled back tariffs on dozens of food products, including such staples as beef, tomatoes and bananas, in the face of growing angst among American consumers about the high cost of groceries. The new exemptions – which take effect retroactively at midnight on Thursday – mar...

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INCOME TAX

Homeowners, not housing society, must pay capital gains tax on sale of development rights to builders, rules ITAT Mumbai

On October 27, 2025, the Income Tax Appellate Tribunal (ITAT) Mumbai ruled that short term capital gains (STCG) from transferring development rights to a builder under a registered agreement, should be taxed in the individual homeowner’s hands rather than the housing society’s. This ruling came about aft...

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Banking

RBI eases repayment rules for exporters amid turmoil

Days after govt announced the 'export promotion mission' and easier loan flow, RBI has eased repayment rules for exporters by giving them more time to bring in the proceeds and allowing banks to offer temporary relief on trade-related loans. The changes, issued through a Gazette notificatio on Nov 13 amen...

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Bank credit growth slows to 11.3% as deposit growth rises to 9.7% in October: RBI

Banks' annual credit growth at the end of October 31 stood at 11.3% while deposits grew 9.7%, Reserve Bank of India data showed. The credit growth was seen at 11.5% a fortnight back while deposits growth print was at 9.5%. This means the gap between credit and deposit growth prints narrowed to 160 basis...

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MFIs need to rebuild credibility and confidence to achieve sustainable growth: Study

Microfinance institutions (MFIs) need to rebuild credibility and confidence to achieve sustainable growth, a joint study by consultancy firm PwC and Sa-Dan, a self-regulatory organisation (SRO) of the sector, said. Microfinance, which is principally underpinned by trust among the stakeholders, who are the ...

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Indians visiting Malaysia will soon be able to pay using UPI

Indian travellers visiting Malaysia will soon be able to pay local merchants directly through their usual UPI apps, following a partnership between Razorpay’s Malaysian entity, Curlec, and NPCI International Payments Limited (NIPL). The agreement, finalised at the Global Fintech Fest 2025, enables instant tra...

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GLOBAL ECONOMY

Trade Report
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Switzerland July 2019 Click
French Inflation Revised Down to 0.8% Year-On-Year in October

Consumer prices in France rose 0.8% year-on-year in October, statistics office INSEE said on Friday, below analysts' expectations and the preliminary reading published last month. The EU-harmonised inflation figure in the bloc'...

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Over-Indebtessness on the Rise Again in Germany, Survey Shows

Over-indebtedness among German adults is climbing again after years of decline, as economic weakness and rising costs squeeze household finances, data from credit agency Creditreform showed on Friday. About 5.67 million people ...

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Euro Zone Economy Holds Up, Trade Surplus Surges on Exports to US

The euro zone economy continued to expand at a modest but respectable pace in the third quarter while the trade surplus surged in September on healthy exports to the United States, data from Eurostat showed on Friday. The 20-na...

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UK's Commitment to Fiscal Rules Crucial for Credit Rating, Fitch Says

The UK government's commitment to its own fiscal rules to balance the budget by 2029/30 remains vital for the country's AA- credit rating, credit agency Fitch said. UK bond markets reacted badly on Friday to a report that Briti...

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US Bureau of Economic Analysis Working on New Economic Data Calendar Post-Shutdown

The Commerce Department's Bureau of Economic Analysis said on Friday it was working to update its schedule of economic data releases affected by the recently ended government shutdown. "BEA is consulting with the U.S. Census Bu...

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Fed's Logan: Would Be Hard to Support December Rate Cut

Dallas Federal Reserve President Lorie Logan on Friday again signaled she would oppose an interest-rate cut in December, after also opposing the Fed's rate cut in October, because of her concern that inflation is too high, trendin...

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S&P Upgrades South Africa for First Time in Nearly 20 Years as Reforms Gain Traction

South Africa on Friday secured its first credit rating upgrade in nearly 20 years after S&P Global raised the country’s foreign-currency long-term sovereign rating to "BB" from "BB-", citing stronger growth prospects, an improving...

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S&P Raises Nigeria's Outlook to 'Positive' as Reforms Take Hold

S&P Global Ratings revised its outlook on Nigeria to "positive" from "stable" on Friday, backing the country's ongoing economic reforms, and also affirmed the country's rating at "B-/B". "The monetary, economic, and fiscal refo...

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S&P Cuts Senegal Rating to 'CCC+' as Debt Strains Deepen

Credit ratings agency S&P on Friday downgraded Senegal's long-term sovereign credit rating to "CCC+" from "B-", citing the precarious debt position of the West African country. It also placed Senegal's ratings on "CreditWatch d...

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Japan Considering Stimulus Package Sized Around 17 Trln Yen, Nikkei Says

Japan is considering spending around 17 trillion yen ($110 billion) in new Prime Minister Sanae Takaichi's first stimulus package, the Nikkei newspaper reported on Saturday, underscoring the administration's focus on expansionary ...

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Fitch Lifts Greece's Rating on Strong Fiscal Position

Global ratings agency Fitch upgraded Greece's long-term foreign-curency issuer default rating by a notch to "BBB" on Friday, reflecting the country's strong budget performance and debt reduction. "Recent fiscal outturns and 202...

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China to Strengthen Fiscal Policy, Finance Minister Says in Xinhua Interview

China will strengthen fiscal policy over the next five years, said the country's finance minister on Saturday in an interview with Xinhua News Agency. Finance Minister Lan Foan said the country will strengthen counter-cyclical ...

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INDIAN CORPORATE

Vodafone Idea's falling capex raises red flags on network growth

Telecom sector experts have raised concerns over Vodafone Idea's declining capital expenditure in absence of external funding and the operator's ability to strengthen its network to compete with rivals Jio and Bharti Airtel. Du...

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LG Electronics eyes business revival in second half

Consumer electronics major LG India is eyeing double-digit revenue and margin growth in the second half of FY26 on the back of better market conditions, chief sales officer Sanjay Chitkara told FE. The company had reported unde...

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Tata Motors PV profit soars multi-fold on one-time gain

Tata Motors Passenger Vehicles (TMPV) on Friday posted a massive 2110% rise in its consolidated profit at Rs 76,248 crore in the July-September quarter. The surge was driven by a one-time exceptional gain of Rs 82,616 crore arisin...

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