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India-New Zealand trade talks: Commerce Secretary says FTA negotiations nearing closure; deal expected soon

Commerce and Industry Minister Piyush Goyal with New Zealand’s Trade Minister Todd McClay (File photo-ANI) Negotiations between India and New Zealand on a proposed free trade agreement are likely to be wrapped up soon, Commerce Secretary Rajesh Agrawal said on Monday, signalling progress after multiple rounds of discussions at both official and ministerial levels, PTI…

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Advance tax deadline today: December 15 instalment due; who must pay, penalties and how interest adds up- Explained

If you earn income beyond a fixed salary or have multiple income streams, December 15, 2025, is a tax deadline you cannot afford to overlook. Missing or underpaying advance tax does not trigger a one-time fine, but monthly interest penalties that continue to accumulate quietly until assessment.Under India’s “pay as you earn” framework, advance tax…

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Trade talks: India, Mexico open dialogue to blunt tariff shock; preferential pact on the table

India has begun discussions with Mexico to mitigate the impact of steep import tariffs approved by the Latin American country on goods from non-free trade agreement partners, including India, and to explore the possibility of a preferential trade agreement to safeguard bilateral trade interests, ANI reported.Mexico has cleared tariff hikes of up to 50 per…

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WPI data: Wholesale inflation still in negative zone at -0.32%; rises from – 1.21% in October as food prices move up

Wholesale inflation in November was down 0.32%, thanks to falling prices of food articles, oils and electricity. However, the figure was still 0.71% up as compared to the previous month, when the WPI recorded a sharp plunge of 1.21%. This increase is attributed to the month-on-month increase in the prices of pulses and vegetables, according…

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Asian stocks today: Markets mostly in red after Wall Street’s slump; HSI nears 1% loss, Nikkei trims over 740 points

Asian shares traded mostly in red on Monday following data, after the Wall Street ended last week on a tough note, pulling US markets off record highs. The slump came after a decline in Chinese investment in November, highlighting the ongoing weakness in the world’s second-largest economy. Hong Kong’s HSI was down 0.92% or 240…

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China’s economic strain: November retail sales growth drops to three year low; factory output misses estimates

China’s November economic data pointed to a continued strain as retail sales fell to a three-year low and both consumer spending and investment weakened. Figures released on Monday by the National Bureau of Statistics showed that retail sales increased by only 1.3% from a year earlier, marking the slowest growth since the Covid period and…

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