India-Asean ties: Malaysia backs swift trade pact with New Delhi; calls partnership a ‘force for stability’

File photo: Malaysian PM Anwar Ibrahim and PM Modi Malaysian Prime Minister Anwar Ibrahim on Sunday said that Asean’s partnership with India continues to be a “force for stability and mutual prosperity”, as both sides push to finalise the Asean–India Trade in Goods Agreement (AITIGA) by the end of this year.Speaking at the India–Asean annual…

Read More

Income Tax department doubts Rs 10 lakh gift – brother gets tax notice for cash received from sisters; how he appealed & won the case

The brother’s success in the case stemmed from providing comprehensive documentary proof. (AI image) Gifts received from relatives and friends can sometimes land you in the income tax net. One such case was of a Mr. Maheshwari from Agra, who had to prove the genuineness of Rs 10 lakh received as cash from his sisters.According…

Read More

Festive spirits surge: Alcoholic beverage market upbeat as season boosts sales; industry expects 10–20% rise Q4

India’s alcoholic beverage industry has seen strong sales during the festive season, with the premium spirits category driving growth, and expects an upswing of 10-20 per cent in the October-December period.As per news agency PTI, Radico Khaitan COO Amar Sinha said, “We have witnessed a highly encouraging festive season, with strong uptake across our premium…

Read More

Bank jobs surge: SBI plans 3,500 officer recruitments this year; targets 30% workforce for women

The State Bank of India (SBI) is set to recruit around 3,500 officers to strengthen its operations and improve service delivery across the country.SBI deputy managing director (HR) and chief development officer Kishore Kumar Poludasu was quoted by news agency PTI as saying that the bank has already recruited 505 Probationary Officers (POs) in June…

Read More

India-EU FTA push: Piyush Goyal to visit Brussels to boost negotiations; focus on market access, duties, IP rights

Piyush Goyal to visit Brussels to boost negotiations Union commerce and industry minister Piyush Goyal will visit Brussels on October 27-28 to hold high-level talks with Maros Sefcovic, executive vice-president and European commissioner for trade of the European Union, as both sides intensify efforts to finalise the India-EU Free Trade Agreement (FTA).The visit comes at…

Read More

Donald Trump at ASEAN: US and Malaysia sign major trade agreement; more deals from Indo-Pacific partners in process

US President Donald Trump signed a trade agreement with Malaysian Prime Minister Anwar Ibrahim and took part in the signing of a historic peace deal between Cambodia and Thailand, called the “Kuala Lumpur Peace Accords”.Trump arrived in the country to attend the ongoing ASEAN Summit. On ASEAN Sidelines, Trump Praises India’s ENEMY NO. 1, Doubles…

Read More

PPF rules: Why Kerala High Court ordered a mother to return extra interest earned in children’s Public Provident Fund accounts – explained

PPF rules: Interest forfeiture applies exclusively to excess deposits made whilst the account holder was a minor. (AI image) Public Provident Fund or PPF is a popular savings scheme with the sovereign guarantee and decent rate of returns adding to its charm. But there is a cap to the annual investment in the scheme –…

Read More

US-China trade talks: ‘Moving forward’ towards final agreement; Trump expresses hope for ‘comprehensive deal’ with Xi

The longstanding trade tensions between the United States and China might finally come to an end as the two nations are making progress on finalising the details of a trade agreement, a US official said on Sunday.“I think we’re moving forward to the final details of the type of agreement that the leaders can review…

Read More

US Fed rate cuts: America might still see another rate cut in 2025; govt shutdown clouds economic outlook

The US may see another rate cut this year, even as uncertainty looms over the economy due to the ongoing US government shutdown.The Federal Reserve’s second-to-last rate meeting of 2025 takes place amid a standoff between Republicans and Democrats over healthcare subsidies, which has halted the publication of nearly all official economic data. Without these…

Read More