Customs update: CBIC consolidates 31 notifications into one; move to boost ease of doing business

In a move aimed at simplification, transparency, and improving the Ease of Doing Business, the Central Board of Indirect Taxes and Customs (CBIC) has merged 31 separate Customs Duty notifications into a single, comprehensive document. As per news agency ANI, the consolidated Notification No. 45/2025, dated October 24, 2025, will come into effect on November…

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Who is Karthik Narain? Google Cloud taps Accenture veteran as chief product & business officer

Karthik Narain (File photo; credit: LinkedIn) Google Cloud appointed Karthik Narain as its chief product & business officer. Narain will oversee product and engineering teams across cloud, developer, data, and Applied AI, as well as the go-to-market organization, while working closely with Google Public Sector.“After more than 25 years in the tech consulting industry, I…

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RBI vs SBI economists showdown: Plagiarism allegations posted on LinkedIn; here’s what the matter is about

A senior official from the Reserve Bank of India’s monetary policy division has raised allegations of plagiarism against economists at the State Bank of India. In an unprecedented situation, a public spat has emerged on social media between professionals from the Reserve Bank of India (RBI) and the State Bank of India (SBI).A senior official…

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Reagan ad: Canada to halt ‘anti-tariff’ commercial in hope of resuming talks with US; claims Trump ‘wasn’t too happy’

Donald Trump and Ontario Premier Doug Ford (AP images) Canada on Friday said that it will pause the anti-tariff advertisement campaign that prompted US President Donald Trump to abruptly end trade negotiations, as confirmed by Ontario Premier Doug Ford.Ford said the decision comes after discussions with Canadian Prime Minister Mark Carney and the campaign will…

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US fund buys $400mn stake in insurance broker Ace

The acquistion will help Tritax expand its urban and small-box logistics offerings in the UK’s South East and the Midlands. Mumbai: The US-based Blackstone Group has acquired a majority stake in Mumbai-based Ace Insurance Brokers for about $400 million, valuing the company at $425-450 million. The deal is the largest foreign investment in India’s insurance…

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Sebi cracks whip, bans 13 entities

sebi identify iex insider trading Mumbai: Sebi has banned 13 entities from the market for between one and three years, and also put a combined monetary penalty of nearly Rs 1.1 crore for front running trades of three large entities. In Dec 2024, six entities, related to these 13 had settled their case with Sebi…

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