The Bank of England is likely to maintain current interest rates. Concerns rise over the Israel-Iran conflict's impact. This conflict could involve the United States, potentially increasing oil prices. UK inflation remains high, exceeding the 2% target. Rising oil prices may further strain consumer finances. Global trade tensions, particularly involving potential US tariffs, add to economic uncertainty.
India-UK FTA: Focused on doing trade deals to complement, not compete, says Goyal; 'massive investments' in innovation sector over the next decade
https://timesofindia.indiatimes.com/business/india-business/india-uk-fta-focused-on-doing-trade-deals-to-complement-not-compete-says-goyal-massive-investments-in-innovation-sector-over-the-next-decade/articleshow/121957428.cms
https://timesofindia.indiatimes.com/business/india-business/india-uk-fta-focused-on-doing-trade-deals-to-complement-not-compete-says-goyal-massive-investments-in-innovation-sector-over-the-next-decade/articleshow/121957428.cms
Union Minister Piyush Goyal highlighted India's trade dialogues with complementary economies, emphasizing the win-win nature of the UK-India FTA, particularly regarding insurance concessions and business mobility. Both Goyal and UK Trade Secretary Jonathan Reynolds affirmed the deal's benefits and the absence of disadvantages for British workers.
ITR e-filing AY 2025-25: What is Annual Information Statement (AIS) and how is it different from Form 26AS? Top points for taxpayers
https://timesofindia.indiatimes.com/business/financial-literacy/taxation/itr-e-filing-ay-2025-25-what-is-annual-information-statement-ais-and-how-is-it-different-from-form-26as-top-points-for-taxpayers/articleshow/121958024.cms
https://timesofindia.indiatimes.com/business/financial-literacy/taxation/itr-e-filing-ay-2025-25-what-is-annual-information-statement-ais-and-how-is-it-different-from-form-26as-top-points-for-taxpayers/articleshow/121958024.cms
The Annual Information Statement (AIS) is a comprehensive tool for taxpayers, offering a detailed view of financial transactions beyond just TDS/TCS. It helps in accurate tax reporting by providing a broader overview of income sources like interest, dividends, and securities transactions.
Global oil supply: Iran may use threat of closing Strait of Hormuz as leverage only; analysts say markets remain in surplus
https://timesofindia.indiatimes.com/business/international-business/global-oil-supply-iran-may-use-threat-of-closing-strait-of-hormuz-as-leverage-only-analysts-say-markets-remain-in-surplus/articleshow/121957332.cms
https://timesofindia.indiatimes.com/business/international-business/global-oil-supply-iran-may-use-threat-of-closing-strait-of-hormuz-as-leverage-only-analysts-say-markets-remain-in-surplus/articleshow/121957332.cms
Despite Iran's repeated threats to close the Strait of Hormuz, a vital chokepoint for global oil, analysts believe an actual shutdown is unlikely, viewing it as a diplomatic tactic. Global oil markets are prepared for potential disruptions, with ample supply and rising US shale production.
Oil prices jump as Israel-Iran conflict keeps markets on edge
https://timesofindia.indiatimes.com/business/international-business/oil-prices-jump-as-israel-iran-conflict-keeps-markets-on-edge/articleshow/121964190.cms
https://timesofindia.indiatimes.com/business/international-business/oil-prices-jump-as-israel-iran-conflict-keeps-markets-on-edge/articleshow/121964190.cms
Bank of England keeps interest rates steady
https://timesofindia.indiatimes.com/business/international-business/bank-of-england-keeps-interest-rates-steady/articleshow/121964206.cms
https://timesofindia.indiatimes.com/business/international-business/bank-of-england-keeps-interest-rates-steady/articleshow/121964206.cms
India readies 4-pronged trade deal strategy
https://timesofindia.indiatimes.com/business/india-business/india-readies-4-pronged-trade-deal-strategy/articleshow/121964249.cms
https://timesofindia.indiatimes.com/business/india-business/india-readies-4-pronged-trade-deal-strategy/articleshow/121964249.cms
India is implementing a four-pronged strategy for Free Trade Agreements, prioritizing developed economies like the US and EU, mineral-rich nations such as Australia and Chile, developing countries, and neighboring countries. Negotiations are underway with several countries, and the commerce department is strengthening its negotiating teams to ensure better utilization of preferential tariffs by exporters.
RBI eases norms for loans to projects like roads and ports
https://timesofindia.indiatimes.com/business/india-business/rbi-eases-norms-for-loans-to-projects-like-roads-and-ports/articleshow/121964307.cms
https://timesofindia.indiatimes.com/business/india-business/rbi-eases-norms-for-loans-to-projects-like-roads-and-ports/articleshow/121964307.cms
The Reserve Bank of India (RBI) has relaxed project financing regulations, effective October 1, 2025, to lower borrowing costs for infrastructure and industrial ventures. These revised guidelines offer sector-specific norms, reducing general provisions for projects and easing penalties for delays. The move provides clarity on credit events and simplifies delay categorization, offering a more practical framework for developers and lenders.