EU sanctions on Russia: New opportunities for Indian businesses; bilateral trade up, says IBA

The European Union’s latest package of sanctions on Russia has opened new avenues for Indian businesses to expand trade with Moscow, according to the Moscow-based Indian Business Alliance (IBA).On October 23, the Council of the European Union adopted its 19th round of restrictive measures targeting key Russian sectors—including energy, finance, and defense — in response…

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Adani Energy Solutions Q2 results: Profit jumps 43% in H1 FY26; firm commissions 3 projects, eyes Rs 1 crore smart meters target

Adani Energy Solutions Limited (AESL), a key arm of the Adani Group and India’s biggest private player in the power transmission and distribution sector, on Monday posted strong financial and operational results for the quarter and half year ended September 30, 2025.For the first half of FY26, AESL’s total income climbed 16.4% year-on-year to Rs…

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TDS mismatch in Form 26AS: Income Tax Department withholds Rs 1.5 crore tax refund – how taxpayer approached High Court and won case

The court clarified that Assessing Officers must accept TDS documentation provided by taxpayers, rather than insisting on exact matches with Form 26AS figures. (AI image) Not getting an income tax refund due to TDS mismatch in Form 26AS? A new Allahabad High Court ruling may work in your favour. The Allahabad High Court has issued…

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Corporate confidence dips in Q2 FY26: India’s business sentiment slows amid US tariffs, global uncertainty – NCAER report

Representative image (AI-generated) Business sentiments in India moderated in the second quarter (Q2) of FY 2025-26 after showing steady improvement over the past three quarters, according to a new report by the National Council of Applied Economic Research (NCAER).The decline comes amid high global uncertainties, including additional US tariffs and ongoing trade tensions, the think…

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Budget 2026 skill boost for youth: Govt may launch Pradhan Mantri Kaushal Mudra Yojana; check details

Representative image (AI-generated) Budget 2026: The government is looking to launch a new scheme Pradhan Mantri Kaushal Mudra Yojana (PMKMY) aimed at funding skill training for the country’s growing workforce.The scheme, likely to be announced in the upcoming 2026-27 Budget, will mark a major policy push to make financing a central pillar of the national…

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iPhone shipments, Trump’s Russia sanctions impact: Electronics to become 2nd-most shipped category soon; India’s oil exports may fall

During the first half of the current fiscal year, Apple’s iPhone exports reached an unprecedented $10 billion. (AI image) The booming Apple iPhone production in India, and the latest sanctions on Russian oil firms by Donald Trump, may power electronics to become the second most-shipped exports category in India. It’s a story of rise in…

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India-US ties: Jaishankar meets Marco Rubio on Asean sidelines amid tariff tensions; talks on ‘regional, global issues’

Jaishankar meets Rubio (Image posted on X) External Affairs Minister S Jaishankar had a meeting with US Secretary of State Marco Rubio on Monday in Kuala Lumpur to discuss international relations and ongoing trade negotiations between their nations.The discussions were held alongside the Association of Southeast Asian Nations (ASEAN) summit events in the Malaysian capital….

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Stocks to buy: What’s the outlook for Nifty for the week starting October 27? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Cummins India, and Blue Star. Here’s his view on Nifty, Bank Nifty for the Diwali week starting October 27, 2025:Nifty View:The benchmark index Nifty has delivered…

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