Atmanirbhar push: ‘Country of origin’ filters on e-commerce sites soon? Move to help Indian goods compete fairly

AI image (Picture credit: DALL-E) The Indian government has proposed a new rule mandating e-commerce platforms to include filters allowing users to sort products based on their ‘country of origin’, a move aimed at improving transparency and promoting locally made goods.According to news agency Reuters, the draft amendment to the Legal Metrology (Packaged Commodities) Rules,…

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Shutdown impact: US reels from lost paychecks, canceled flights, and stalled contracts; will the US economy rebound or slip deeper into slowdown?

The longest federal government shutdown in US history may be nearing its end, but economists say it has already left deep scars on an economy struggling with slow growth, inflation, and uncertainty. With 1.25 million federal workers unpaid since October 1 and thousands of flights canceled, the economic fallout is being felt nationwide — from…

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Clean energy push: Tata Power to buy 40% stake for Rs 1,572 crore in Bhutan hydro SPV; move to boost regional green footprint

Tata Power on Tuesday announced plans to invest Rs 1,572 crore to acquire a 40 per cent equity stake in a special purpose vehicle (SPV) that will develop the 1,125 MW Dorjilung hydropower project in Bhutan, marking a key step in its green energy expansion strategy, PTI reported.According to a regulatory filing, the acquisition-to be…

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US markets today: Wall Street trades mixed as rally pauses; Nvidia slides after SoftBank stake sale

Wall Street witnessed mixed trading on Tuesday, cooling off after Monday’s sharp rally that followed a week of losses. The S&P 500 slipped 0.2% in early trading, the Dow Jones Industrial Average added 73 points, while the tech-heavy Nasdaq fell 0.5%. Despite the pullback, all three major indexes remained close to record highs, AP reported….

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Noel Tata’s son Neville, Bhaskar Bhat inducted by Tata Trusts to board of Sir Dorabji Tata Trust: Report

Neville Tata has been appointed by Tata Trusts to the board of Sir Dorabji Tata Trust (SDTT). Neville Tata is the son of Tata Trusts chairman Noel Tata. Group veteran Bhaskar Bhat has also been inducted.This appointment strengthens Noel Tata’s position whilst elevating Neville, aged 32, to one of the most significant roles within the…

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Tax refund update: CBDT gives concurrent powers to CPC Bengaluru for rectifications; what it means for taxpayers

In a move set to ease taxpayer grievances and streamline refund corrections, the Central Board of Direct Taxes (CBDT) has authorised the Commissioner of Income Tax (CPC), Bengaluru, to directly rectify mistakes in assessment orders under Section 154 of the Income-tax Act, 1961.The notification, issued on October 27, 2025 (No. 155/2025), gives the Bengaluru-based Centralised…

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Tax notice alert! Buying land above Rs 30 lakh? Here’s why you may come under Income Tax Department scrutiny and how to avoid it

A new property purchase can feel like a proud milestone — until a letter from the Income Tax Department lands in your inbox asking where your money came from. Experts say that such notices are becoming increasingly common as tax authorities use advanced data analytics to verify whether property buyers’ declared income matches their level…

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India & Vietnam to step up defence cooperation

NEW DELHI: India and Vietnam have decided to further expand and deepen their defence cooperation, including in important emerging areas like cybersecurity and real-time exchange of information, even as they inked a MoU on submarine search and rescue collaboration.The Defence Policy Dialogue, co-chaired by defence secretary Rajesh Kumar Singh and Vietnam’s deputy minister of national…

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Currency watch: Rupee gains 23 paise to close at 88.50 against dollar; upbeat mood on US-India trade talks lifts sentiment

The rupee strengthened 23 paise to settle at 88.50 against the US dollar on Tuesday, supported by upbeat sentiment around a potential US-India trade agreement and easing concerns over the prolonged US government shutdown.At the interbank foreign exchange market, the rupee opened at 88.69 against the greenback, touched an intraday high of 88.50 and a…

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Mutual fund trends: Net equity inflows drop 19% to Rs 24,690 crore in October; SIPs, gold ETFs continue to shine

Net inflows into mutual fund equity schemes slipped nearly 19% month-on-month to Rs 24,690 crore in October, marking the third consecutive monthly decline even as retail SIP investments and gold ETFs remained resilient, data from the Association of Mutual Funds in India (Amfi) showed on Tuesday.Amfi attributed the decline in equity inflows largely to profit-booking…

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