Daily Republic News
- Business
- December 19, 2025
India-Oman CEPA: Zero Duty on 98% Lines, Marble Exports Boost Bilateral Trade
Commerce and Industry Minister Piyush Goyal on Friday said the India-Oman Comprehensive Economic Partnership Agreement (CEPA) marks a major shift in India’s trade engagement and will significantly deepen bilateral ties.Quoting Prime Minister Narendra Modi, in whose presence the t Read More
- Business
- December 19, 2025
Income Tax Dept Clarifies Advisory Emails on ITR Mismatches, Urges Voluntary Correction Before Dec 31, 2025
The Income Tax Department (ITD) has clarified that the recent SMS and email communications sent to certain taxpayers regarding their financial transactions are purely advisory and aimed at promoting voluntary compliance, not initiating penal or enforcement action.In a detailed po Read More
- Business
- December 19, 2025
US CPI Inflation Undershoots Estimates; Data Distortion Risk Due To Government Shutdown: ICICI Bank
US consumer price inflation rose below market expectations in November, though concerns remain over data accuracy due to disruptions caused by the government shutdown, according to ICICI Bank Global Markets Research.Headline CPI inflation moderated to 2.7 per cent year-on-year in Read More
- Business
- December 19, 2025
Ukraine Welcomes 90 Billion-Euro EU Loan, Despite Lack Of Deal On Russian Assets
Ukraine thanked the European Union on Friday for deciding to provide it with 90 billion euros ($105.46 billion) of support over the next two years – even if the bloc failed to agree on an ambitious plan to use frozen Russian assets to finance this. The stakes for finding money fo Read More
- Business
- December 19, 2025
India’s Defence Shipbuilding Boom: Rs 2.3T Orders, Rs 697B Push Targets Top-5 by 2047
India’s defence shipbuilding sector is entering a decisive growth phase, driven by a sharp increase in naval capital expenditure, a massive government policy push, and rising strategic imperatives in the Indian Ocean Region, according to a recent institutional research report by Read More
- Business
- December 19, 2025
Russian Oil Curbs to Slash Crude Prices, Boost IOC-BPCL-HPCL Margins in 2026
Ongoing restrictions on Russian crude and refined product flows, coupled with an oversupplied global oil market, are expected to keep crude prices subdued while supporting refining margins, a trend that has direct implications for state-run oil marketing companies IOC, BPCL and H Read More
- Business
- December 19, 2025
HCLTech Buys HPE Telco Solutions: 1,500 Experts, 5G AI Boost for CSPs
HCLTech signed an agreement to purchase HPE’s Telco Solutions business, further strengthening its market-leading position in the telecom industry. Following an earlier transaction with HPE in 2024, HCLTech will, through this new acquisition agreement, further gain industry-leadin Read More
- Business
- December 19, 2025
IBM to Skill 5M Indians in AI, Cyber, Quantum by 2030: Boosting Future Workforce
IBM on Friday announced its commitment to skill 5 million learners across India in Artificial Intelligence (AI), Cybersecurity, and Quantum Computing by 2030. Delivered through IBM SkillsBuild, this initiative advances IBM’s mission to build an equitable, future-ready workforce, Read More
- Business
- December 19, 2025
Indian Stocks’ 30-Year Low vs Emerging Markets: Rupee Crash, US Tariffs Drag MSCI Index Amid Surge
Domestic stock markets have recorded their worst relative performance in nearly three decades in the emerging market space so far in 2025, according to a report by global brokerage firm Jefferies.According to the report, Indian equities have significantly underperformed their Asi Read More
- Business
- December 19, 2025
Gross Direct Tax Collections Rise 4.16% To Rs 20 lakh crore In FY26 So Far, Refunds Decline 13.5%
India’s direct tax collections, in gross terms, have witnessed a robust growth of 4.16 per cent year-on-year so far in 2025-26, reaching Rs 20 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed Friday.In 2024-25, the same period, it was Rs 19.2 lakh cror Read More
