Denmark backs early conclusion of India-EU FTA

PM Narendra Modi reiterated India’s consistent support for peaceful resolution of Ukraine conflict and early restoration of peace and stability in a phone conversation with his Denmark counterpart Mette Frederiksen, as they discussed issues of regional and global significance. According to an Indian readout, Frederiksen reaffirmed Denmark’s strong support for conclusion of a mutually beneficial…

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ITR filing FY 2024-25: Has due date for Income Tax Returns been extended beyond September 16? What taxpayers should know

Filing an ITR beyond the designated deadline is classified as a belated return, which can be submitted through December 31, 2025. (AI image) ITR filing FY 2024-25 due date: ITR filing FY 2024-25 due date: There is no intimation as of 12:00 AM, September 17, 2025 from the Income Tax Department on extension of ITR…

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No longer ‘uninvestable’! Shanghai index hits decade high; foreign investors eye China’s stock markets again as AI, tariff truce boost confidence

After years of scepticism and branding Chinese stock markets as “uninvestable”, foreign investors are once again turning their attention to Chinese equities, betting on the country’s resilience in artificial intelligence, semiconductors and biotech as well as a growing need for diversification beyond US assets.Progress in China’s AI adoption, its push in semiconductors, and breakthroughs in…

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GST reforms: No input tax credit on commission for individual health, life insurance policies from Sep 22; insurers to bear cost

Insurers will no longer be able to claim input tax credit (ITC) on Goods and Services Tax (GST) paid on commissions and brokerage for individual health and life insurance policies from September 22, the Central Board of Indirect Taxes and Customs (CBIC) clarified on Tuesday. The move comes ahead of the implementation of the new…

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US Fed meeting begins: Trump aide Stephen Miran sworn in as governor, Jerome Powell under pressure as rate cut expected

The US Federal Reserve opened a key interest rate meeting on Tuesday, just hours after Donald Trump’s close aide Stephen Miran was sworn in as a governor of the central bank, while another top official, Lisa Cook, is fighting the president’s attempt to oust her.Miran, who has been a senior adviser to Trump, took the…

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US markets today: Wall Street holds near records ahead of Fed meeting; retail data and corporate results influence trading

US stocks stayed close to record highs on Tuesday as investors awaited the Federal Reserve’s first interest rate cut of the year, expected on Wednesday. The S&P 500 rose 0.1% from its recent peak, the Dow Jones Industrial Average gained 52 points, or 0.1%, and the Nasdaq composite was 0.1% higher as of 9:35 a.m….

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