Customs update: CBIC consolidates 31 notifications into one; move to boost ease of doing business

In a move aimed at simplification, transparency, and improving the Ease of Doing Business, the Central Board of Indirect Taxes and Customs (CBIC) has merged 31 separate Customs Duty notifications into a single, comprehensive document. As per news agency ANI, the consolidated Notification No. 45/2025, dated October 24, 2025, will come into effect on November…

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RBI vs SBI economists showdown: Plagiarism allegations posted on LinkedIn; here’s what the matter is about

A senior official from the Reserve Bank of India’s monetary policy division has raised allegations of plagiarism against economists at the State Bank of India. In an unprecedented situation, a public spat has emerged on social media between professionals from the Reserve Bank of India (RBI) and the State Bank of India (SBI).A senior official…

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Reagan ad: Canada to halt ‘anti-tariff’ commercial in hope of resuming talks with US; claims Trump ‘wasn’t too happy’

Donald Trump and Ontario Premier Doug Ford (AP images) Canada on Friday said that it will pause the anti-tariff advertisement campaign that prompted US President Donald Trump to abruptly end trade negotiations, as confirmed by Ontario Premier Doug Ford.Ford said the decision comes after discussions with Canadian Prime Minister Mark Carney and the campaign will…

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US fund buys $400mn stake in insurance broker Ace

The acquistion will help Tritax expand its urban and small-box logistics offerings in the UK’s South East and the Midlands. Mumbai: The US-based Blackstone Group has acquired a majority stake in Mumbai-based Ace Insurance Brokers for about $400 million, valuing the company at $425-450 million. The deal is the largest foreign investment in India’s insurance…

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Sebi cracks whip, bans 13 entities

sebi identify iex insider trading Mumbai: Sebi has banned 13 entities from the market for between one and three years, and also put a combined monetary penalty of nearly Rs 1.1 crore for front running trades of three large entities. In Dec 2024, six entities, related to these 13 had settled their case with Sebi…

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Bharat International Rice Conference 2025: Mega event to bring together producers, exporters, and policymakers; set to be held in Delhi

The Bharat International Rice Conference (BIRC) 2025 is set to be held at Bharat Mandapam, Delhi, on October 30-31, in partnership with the Department of Commerce, Ministry of Commerce and Industry. Organised by the Indian Rice Exporters’ Federation (IREF) in collaboration with APEDA, the event aims to position India as a global hub for rice…

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China’s 2020 trade deal under scrutiny: Trump administration launches compliance probe; Beijing agreed to buy more US products, services

The United States on Friday launched an investigation into China’s adherence to the ‘Phase One trade’ deal signed in 2020.Under the deal, China had pledged to increase purchases of US products and services by hundreds of billions of dollars over 2020 and 2021. However, the targets were not met, largely due to the Covid-19 pandemic.The…

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BSE shares rally: Gain 15% in a month as regulatory fears ease; top things investors should watch out for

BSE’s stock has staged a strong recovery after weeks of anxiety over regulatory reforms, gaining 15% in a month as concerns over the weekly options expiry rule fade and traders return. The stock jumped nearly 2% to Rs 2,533.70 on Thursday before settling at Rs 2,486.50, raising doubts about the rally’s sustainability.Amid speculation that the…

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