Posts

India-New Zealand FTA to create new opportunities for exporters

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India and New Zealand have signed a Free Trade Agreement set to boost mobility for Indian students and professionals, while enhancing export opportunities. The deal removes student caps, extends post-study work visas, and introduces a temporary employment visa for 5,000 Indian professionals. It also offers tariff reductions on agricultural products and opens up 118 service sectors for India. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/PEJTQMF >

From March 1, Air India to stop non-stops to San Francisco from Mumbai, Bengaluru

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Air India is halting its non-stop San Francisco flights from Bengaluru and Mumbai starting March 1 due to aircraft deployment issues and increased costs from airspace restrictions. While Delhi services to San Francisco and Toronto will be boosted, passengers with existing bookings face uncertainty. The airline promises re-accommodation or refunds, with a possibility of restoring the routes later. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/2WHIaKO >

Eggs in India pose no cancer risk, says food safety regulator

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FSSAI has strongly refuted claims linking eggs to cancer, stating that eggs sold in India are safe. The authority clarified that the presence of nitrofuran metabolites below regulatory detection thresholds does not pose a health risk, as the use of these banned antibiotics is strictly prohibited in poultry production. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/YVmctOz >

India's retail shines while US malls struggle; surge driven by consumer demand and investor confidence: Report

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/LORhNCd >

ED to file FIR against 970 crore fraud kingpin for laundering

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The Enforcement Directorate is preparing to file a money laundering case against Ponzi scheme fraudster Ravindranath Soni, accused of defrauding over 1,000 investors of Rs 970 crore globally. Kanpur police have gathered substantial evidence, including financial trails and celebrity connections. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/z17238b >

Commodity trade entry by banks, insurers on table

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Sebi is collaborating with RBI and the insurance regulator to allow banks and insurance companies to participate in commodity derivatives markets. Working groups are also reviewing measures to deepen the Agri Commodity Derivatives ecosystem and optimize the regulatory framework for margins, position limits, and delivery mechanisms. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/fUqNw0Q >

Section 80G explained: CBDT issues FAQs on ITR donation deductions; what taxpayers should know

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Taxpayers under the old regime can still claim deductions for charitable donations via Section 80G. New FAQs from the Income Tax Department detail verification processes, emphasizing donor-donee data matching. Remember, cash donations over Rs 2,000 are ineligible, and this benefit isn't available under the new tax regime. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/AVqTir3 >