ITR filing FY 2024-25: The Income Tax Department has extended the ITR filing deadline for AY 2025-26 to September 15, 2025, for non-audit taxpayers. This extension, from the usual July 31st, accommodates changes in ITR forms. Taxpayers are advised to file before the deadline to avoid penalties, including late fees up to Rs 5,000 and […]

The European Union has approved 102 additional Indian marine establishments for exports, potentially increasing shipments by 20%. This decision, coinciding with FTA negotiations, signals growing confidence and improved standards. It offers relief to India’s shrimp sector amid US tariff challenges and strengthens the EU’s position as a key seafood export market.

Revised government figures reveal the US job market was significantly weaker than initially reported between April 2024 and March, with 911,000 fewer jobs created. This news, coupled with a weak August jobs report, intensifies concerns about the economy under President Trump’s policies. Pressure is mounting on the Federal Reserve to respond to the revised data.

Wall Street experienced mixed trading as investors awaited crucial US inflation data and Apple’s product launch, where a new iPhone model was anticipated. The Dow Jones Industrial Average rose, while Nasdaq saw a slight decline. Markets are closely watching producer and consumer price data ahead of the Federal Reserve’s policy decision, with expectations of an

India aims to boost textile exports to 40 nations, targeting a $600 billion market, after the US imposed a 50% tariff on Indian goods. The government plans to leverage existing free trade agreements to enhance its global market share.

Addressing DialogueNEXT in India, ICAR Director General Mangi Lal Jat emphasized the need for farmer-centric solutions to global agri-food challenges. He advocated for increased investment in science, innovation, and partnerships. India’s rapid agricultural transformation positions it as an innovation hub for smallholder agriculture in the Global South, focusing on delivering transformative solutions to farmers.

India’s nationwide rollout of E20 fuel, a petrol blend with 20% ethanol, has triggered public anxiety due to concerns about its impact on older vehicles, as many manuals only recommend E5 or E10.

LG Electronics is set to launch its Indian subsidiary’s IPO in October, aiming to raise ₹15,000 crore. This would be the largest IPO of 2025 so far, with LG divesting 15% of its Indian arm. The offering follows Hyundai’s successful IPO last year. Initial plans for an April-May launch were delayed due to global economic

PNC Financial Services is set to acquire FirstBank for $4.1 billion, significantly boosting its retail banking presence in the US. This acquisition will establish PNC as the largest bank in Denver and expand its Arizona network, increasing its total assets to approximately $575 billion. The deal underscores PNC’s aggressive growth strategy through acquisitions and organic

China criticizes the United States’ 50% tariffs on Indian imports. China calls the move unfair and unreasonable. Ambassador Xu Feihong emphasizes strong India-China ties for global development. The US imposed additional levies linked to India’s Russian crude purchases. President Trump defends the measures and warns of further action. He claims India offered a no-tariff deal.