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25,000 high-risk foreign asset cases under I-T radar

Financial Express Delhi

|

November 28, 2025

FRESH DRIVE

- FE BUREAU

INTENSIFYING ITS EFFORTS to curb tax evasion, the Central Board of Direct Taxes (CBDT) has launched the second phase of its 'NUDGE' initiative to strengthen voluntary compliance by taxpayers on foreign assets and income.

The exercise will begin with around 25,000 high-risk cases identified through Automatic Exchange of Information (AEOI) data for 2024-25.

Financial Express Delhi से और कहानियाँ

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OYO parent to seek approval for ₹6,650-cr IPO

OYO'S PARENT FIRM PRISM will hold an extraordinary general meeting (EGM) on December 20 to seek shareholders’ approval to raise up to ₹6,650 crore through an initial public offering (IPO).

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1 min

November 29, 2025

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Ola Electric sales skid to lowest in 36 months

OLA ELECTRIC'S RETAIL sales have fallen to their weakest level in three years, marking a sharp reversal for the electric two-wheeler maker after months of slowing demand.The company sold 7,383 units in November up to the 27th, putting it on track for its lowest monthly volume since September 2022, when registrations slipped below 8,500 units.

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1 min

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'In e-comm, affordability beats speed'

SANJEEV KUMAR, CO-FOUNDER & CTO, MEESHO

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1 mins

November 29, 2025

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To cut or not to cut the repo rate?

costs come down. As deposit rates also move down as a response to both repo and lending rates coming down, gains are, in effect, passed on to borrowers at the cost of savers.

time to read

3 mins

November 29, 2025

Financial Express Delhi

Rupee hits 89.49, closes at 89.45

THE INDIAN RUPEE fell to a fresh low on Friday amid pressure from importers.

time to read

1 min

November 29, 2025

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Fiscal deficit widens to 52.6% in Apr-Oct; net tax revenue contracts

Required tax growth jumps to 31%

time to read

1 mins

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RBI rolls out simpler rules, makes compliance easier

9,445 circulars give way to 244 master directions

time to read

1 min

November 29, 2025

Financial Express Delhi

Aakash puts share allotment to Byju’s parent firm on hold

AAKASH EDUCATIONAL SERVICES (AESL) has deferred the allotment of shares to Think & Learn (TLPL), the parent company of Byju’s, as part of a ₹100-crore rights issue, citing potential violations of foreign exchange and external borrowing norms, according to a statement.

time to read

1 min

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Financial Express Delhi

PV sales up 15% in October, to grow 1-4% in FY26: Icra

THE PASSENGER VEHICLE (PV) industry posted its strongest festive season in recent years, with retail sales rising 15% year-on-year in October, according to Icra.

time to read

1 min

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Financial Express Delhi

Positive beginning for December F&O series

AS THE NIFTY touched its lifetime high after 14 months at the start of the December expiry series, experts see this positive momentum continuing.

time to read

1 mins

November 29, 2025

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