Month: November 2025
US court filing alleges $533 million was roundtripped for personal use, Byju’s denies
UK-based OCI Limited, the company that received most of the $533 million loaned to Byju’s Alpha, a US-based special purpose vehicle (SPV) set up by…
Refunds delay: CBDT Chairman says I-T dept analysing wrongful claims; payouts likely by Dec
New Delhi: CBDT Chairman Ravi Agrawal on Monday said the tax department is undertaking an analysis of wrongful deductions claimed in certain cases, leading to…
First phase of India-US trade deal nearing closure; to address tariff issues: Official
The first phase of the proposed India-US bilateral trade agreement (BTA) is ‘nearing closure’ and would address the hefty 50 per cent tariffs imposed by…
India’s unemployment rate remains unchanged at 5.2% in October, urban jobs see moderate rise
India’s unemployment rate in October remained unchanged at 5.2% with a marginal decline in rural unemployment, which changed from 4.6% in September, 2025 to 4.4%…
India’s trade deficit widens to a record as exports show impact of US tariffs| Business News
India’s trade deficit widened to a record in October 2025 as imports rose due to higher domestic demand after a cut in consumption tax, while…
Oil gets lift from India, China buying as global glut looms
Global oil markets may be dominated by concerns about a glut, but producers have found some support in buying from China and India, spurred by…
India-US trade deal’s first phase close to being finalised
The first phase of the proposed US–India bilateral trade agreement is close to being finalised, Commerce Secretary Rajesh Agrawal said on Monday, indicating progress on…
GRM Overseas reports 61% jump in Q2 profit; to issue bonus share
Leading rice exporter GRM Overseas Ltd on Saturday said its net profit has jumped 61 per cent year on year to Rs 14.83 crore in…
Digital Personal Data Protection Rules: Centre mulls compressing timeline; cites industry’s adherence to global data norms
The Digital Personal Data Protection (DPDP) rules, which currently offer an 18-month transition period for companies, may see this timeline “compressed” for large companies as…
Panel proposes wide-ranging reforms to ease regulatory burden on small businesses
A high-level committee led by NITI Aayog member Rajiv Gauba has put forward a set of 17 reforms designed to ease both regulatory and financial…