ClearTax’s How India Filed in 2025 report shows a sharp rise in India’s high-income salaried class, led by 40–50 year olds and millennial entrepreneurs, alongside strong growth in ITR-2 and ITR-3 multi-income filings.
India’s exports to China rose 33% to $12.22 billion in April–November 2024-25, led by electronics, agriculture, and base metals, even as the trade deficit heads toward $106 billion.
Google is updating Gmail with Gemini-powered AI Overviews, Help Me Write, Proofread, and AI Inbox to summarise long threads, streamline drafting, and surface priority emails, initially rolling out in English in the US from January 9, with premium features reserved for Google AI Pro and Ultra subscribers.
EPFO is preparing BHIM UPI integration to let eligible members claim provident fund advances more quickly, aligning retirement savings with India’s UPI-led digital payments push while keeping existing withdrawal rules and safeguards intact.
Skydo secures final RBI PA-CB authorisation, becoming one of India’s first licensed cross-border payment aggregators for MSMEs, freelancers and startups, as the country targets USD 2Tn in exports by FY30.
Capture A Trip raised ₹75 lakh on Shark Tank India to expand international routes and scale offbeat travel experiences.
Dhruva Space’s Polar Access-1 aboard ISRO’s PSLV-DL-C62 enables 10 missions for 6 Indian States and 2 Nations, combining satellites, deployment systems, and GSaaS-based ground infrastructure to support disaster communication, environmental monitoring, education, and commercial Earth Observation while building long-term State-level and institutional Space Tech capabilities.
Trump backs the Sanctioning of Russia Act of 2025, a bipartisan bill enabling tariffs up to 500% on countries buying Russian oil, placing India and China under intense pressure while Washington seeks leverage in Ukraine peace talks and weighs broader financial and energy sanctions.
India’s finance ministry is considering scrapping post-2020 restrictions that blocked Chinese firms from government contracts, potentially reopening $700-750 billion in power and infrastructure tenders as border tensions ease, pending approval from Prime Minister Narendra Modi’s office.
APEDA’s BHARATI program, unveiled at Indusfood 2026, will mentor 195 agri-food and agri-tech startups, giving the top 10 global exposure as India targets $30 billion-plus exports this year and $50 billion by 2030. Backed by TPCI and Minister Chirag Paswan, the initiative aims to build a resilient food supply chain.
