‘Neither free nor fair’: New Zealand’s foreign minister Winston Peters opposes FTA with India; cites tariffs on dairy

As India and New Zealand finalised a historic free trade agreement (FTA), not everyone was onboard. New Zealand’s foreign affairs minister Winston Peters voiced his opposition claiming the deal was “neither free nor fair”.“New Zealand First is regrettably opposed to the India Free Trade Agreement announced today. We consider the India-New Zealand Free Trade Agreement…

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Infra output: Eight core sectors grow 1.8% in November; cement and steel lift momentum as energy drags

Eight core infrastructure industries recorded a modest expansion in November 2025, with overall output rising 1.8% year-on-year, supported by strong growth in cement, steel, fertilisers and coal, official data released by the Ministry of Commerce & Industry showed.The combined Index of Eight Core Industries (ICI), which accounts for 40.27% of the Index of Industrial Production…

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Tax nudge: Income tax dept ropes in MNCs to flag undisclosed foreign assets; employees face Dec 31 deadline

With just days left before the year-end compliance window closes, the Income Tax department has begun reaching out directly to multinational companies, asking them to alert Indian employees about undisclosed foreign assets and income, according to multiple tax advisors.Several large multinationals — including a global consumer healthcare firm, a wireless technology major and a US-based…

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Foxconn ramps up hiring! Recuri 30,000 at all women led iPhone unit — What’s next for the Apple components plant?

Foxconn has rapidly scaled up its newest iPhone manufacturing facility near Bengaluru, hiring close to 30,000 workers within eight to nine months, marking the fastest workforce expansion by any factory in India to date. The swift ramp-up at the Devanahalli plant underscores Apple’s push to diversify its supply chain beyond China, according to people familiar…

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Stocks to buy: What’s the outlook for Nifty for the week starting December 22, 2025? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are KEI Industries, and JK Tyre & Industries. Here’s his view on Nifty, Bank Nifty for the week starting December 22, 2025:Nifty ViewLast week, the benchmark index…

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Rupee continues healing: Currency rises 22 paise in early trade; reaches Rs 89.45 against US dollar

Rupee strengthened in early trade on Monday, rising 22 paise to 89.45 against the US dollar, extending its recovery after hitting record lows in recent weeks.Earlier this month, rupee slid to a series of lifetime lows, even weakening beyond the 91-per-US-dollar mark. The currency, however, later healed in recovery attributed to likely intervention by the…

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