India’s economy contracted by 5.8% in 2020 during the pandemic before rebounding with growth of 9.7% in 2021. It then expanded by more than 7% in each of the following four years. If current forecasts hold, India could surpass that record. The IMF has raised its growth projection for India in the current year from 6.4% to 7%.

Russia sanctions waiver buys time for India but offers no lasting certainty: GTRI
https://timesofindia.indiatimes.com/business/international-business/russia-sanctions-waiver-buys-time-for-india-but-offers-no-lasting-certainty-gtri/articleshow/135017208.cms

US President Donald Trump waived tariffs on major buyers of Russian oil, providing temporary relief to India. While the immediate threat of trade penalties has eased, concerns over future tariffs remain. The GTRI suggests that India should focus on buying oil on commercial terms for long-term energy security. Existing sanctions on Russia remain unaffected, and US monitoring of energy purchases will continue.

NRI woman’s FCNR deposits get tax notice as unexplained; ITAT grants relief
https://timesofindia.indiatimes.com/business/india-business/dubai-based-woman-invests-3-41-crore-in-fcnr-deposits-along-with-husband-gets-tax-notice-for-unexplained-money-itat-gives-relief-saying-bank-confirmed-source-and-ao-mistook-yen-for-rupees/articleshow/135016779.cms

A woman, who originally hails from Beawar, and now resides in Dubai, United Arab Emirates (UAE), decided to put money into investments in India. She along with her husband invested Rs 3.41 crore in two Foreign Currency Non-Resident (FCNR) term deposits. The husband’s name appeared as the first holder of both deposits, with the woman listed as the second holder.

Tata Trusts to build institutions, not just fund them: Noel
https://timesofindia.indiatimes.com/business/india-business/tata-trusts-to-build-institutions-not-just-fund-them-noel/articleshow/135022730.cms

Private banks’ profits rise, large lenders see margin pressure
https://timesofindia.indiatimes.com/business/india-business/private-banks-profits-rise-large-lenders-see-margin-pressure/articleshow/135022751.cms

Venezuela signs 61 oil agreements, expects $76 billion in investments over five years
https://timesofindia.indiatimes.com/business/international-business/venezuela-signs-61-oil-agreements-expects-76-billion-in-investments-over-five-years/articleshow/135022743.cms

Venezuela is set to draw approximately $76 billion in foreign investment over the next five years to revitalize its oil sector. The recent agreements with the United States encompass 17 oilfields and plan for the deployment of 250 drilling rigs. Particularly in Zulia state, oil production has surged and is anticipated to keep growing, despite the ongoing hurdles of sanctions and underinvestment.

'India an important ally': Rubio explains why Trump paused sanctions on Russia oil buyers
https://timesofindia.indiatimes.com/business/india-business/india-an-important-ally-us-state-secy-rubio-explains-why-trump-paused-sanctions-on-russia-oil-buyers/articleshow/135022973.cms

The US government has opted to lift specific sanctions concerning the import of Russian oil and gas. This includes a review period of 60 days to evaluate the economic effects on key importers such as India and China. Senator Marco Rubio highlighted India's persistent dependency on Russian energy sources despite attempts to explore alternatives.

Refined in India, bound for West: Russian-crude fuel exports to Europe rise 43%
https://timesofindia.indiatimes.com/business/india-business/refined-in-india-bound-for-west-russian-crude-fuel-exports-to-europe-rise-43/articleshow/135024570.cms

Indian refineries exported Russian crude oil products to Western markets, generating significant revenue in September. The European Union, Australia, the US, and New Zealand imported these refined products, despite existing sanctions. Reliance Industries' Jamnagar refinery was particularly active in these exports, sending significant cargoes to the EU and the US. However, India's own imports of Russian crude oil decreased by 13% during the same period.