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CBIC issues rules allowing voluntary correction of customs entries
Financial Express Mumbai
|November 01, 2025
THE CENTRAL BOARD of Indirect Taxes and Customs (CBIC) has rolled out a set of trade facilitation reforms including a voluntary post-clearance revision mechanism for importers and exporters to strengthen data integrity and transparency in cross-border trade.
The board notified the Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025 on Thursday allowing businesses to self-correct errors in customs declarations after goods cle
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Financial Express Mumbai
Brokerage stocks take a knock as RBI tightens lending norms
THE RESERVE BANK of India’s (RBI) latest guidelines, restricting bank funding to brokers, led to a sharp decline in share prices of stock broking firms on Monday.
1 mins
February 17, 2026
Financial Express Mumbai
Torrent to buy Nabha Power from L&T arm for ₹3,661 cr
TORRENT POWER HAS signed an agreement with L&T Power Development (LTPDL), a subsidiary of L&T, to buy Nabha Power (NPL), which operates a thermal power plant in Punjab, for ₹3,660.87 crore.
1 min
February 17, 2026
Financial Express Mumbai
DLF, Phoenix Mills not to go ahead with REIT plan
TOP PROPERTY DEVELOPERS DLF and Phoenix Mills have shelved the listing plan of REITs (real estate investment trust) of their commercial portfolios, according to sources.
1 mins
February 17, 2026
Financial Express Mumbai
‘Impact, not scale, will determine success in the AI era’
Although AI presents existential pressure on traditional IT services models, Hari Shetty, chief strategist and technology officer, Wipro, feels that Indian IT services companies are the connective tissue of the AI ecosystem, uniquely positioned to translate AI ambition into dependable, enterprise-ready reality.
3 mins
February 17, 2026
Financial Express Mumbai
TCS-AMD to take on Nvidia
INFORMATION TECHNOLOGY MAJOR Tata Consultancy Services (TCS) and US-based chip-maker AMD will co-develop a rack-scale AI infrastructure design, based on the latter’s Helios platform, to support India’s national artificial intelligence (AI) initiatives, the two companies announced on Monday.
1 mins
February 17, 2026
Financial Express Mumbai
BharatGen all set to unveil foundation multilingual model
₹1,235-crore model covers 22 Indian languages
2 mins
February 17, 2026
Financial Express Mumbai
Trade deficit swells in Jan on higher gold imports
Exports to the US decline 22%
1 mins
February 17, 2026
Financial Express Mumbai
Desi AI: A blueprint for leadership
The path to Desi AI is to emulate the Internet and the UPI, where the government builds the rails and the private sector runs the trains
4 mins
February 17, 2026
Financial Express Mumbai
India a huge playground, says Anthropic CEO
ANTHROPIC'S REVENUE RUN rate in India has doubled in four months, Chief Executive Officer Dario Amodei said on Monday, adding that the country is today the biggest market for its Claude AI model after the US.
2 mins
February 17, 2026
Financial Express Mumbai
Retailers expand but profit eludes many
SOME OF THE country's top retailers from Reliance Retail to Aditya Birla Fashion, Shoppers Stop and Arvind Fashions have pressed the store expansion button in FY26.
1 min
February 17, 2026
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