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Business: The central government has earned revenue of more than Rs 550 crore by selling scrap during the month-long special cleanliness campaign 5.0. This information was given in an official statement issued on Friday through the Ministry of Personnel. In this campaign that ran in October, ministries and departments conducted 7 lakh cleanliness drives, in which 97 percent of the target was achieved. During the campaign, 202.97 lakh square feet of office space was freed up for productive use. Revenue of Rs 551 crore was obtained by selling scrap and e-waste. A total of 6.69 lakh public complaints were resolved. Besides, 13 lakh physical files were deleted and 15.70 lakh e-files were reviewed. 470 rules and procedures were simplified to increase efficiency and ease of governance.
Trade talks with America in final stages: Piyush Goyal
Commerce Minister Piyush Goyal said on Friday that talks with the US for bilateral trade talks are in the final stages. This statement of Goyal is being considered very important because US President Donald Trump had indicated earlier this week that India and America may soon sign a trade agreement. We are in the final stages of negotiations for trade agreements with both the European Union (EU) and the US, Piyush Goyal said at an event. It is noteworthy that the US has imposed a punitive duty of 25 percent on India for purchasing oil from Russia, which is in addition to the existing 25 percent reciprocal duty on Indian products in the US markets. India has termed this 50 percent tariff as unfair and unwanted.
Businessmen will not be able to file GST returns pending for three years
Businessmen will no longer be able to file GST returns due for three years or more. Filing of monthly, quarterly and annual returns for all registered businesses will be prohibited after the expiry of three years from the due date, the GST Network (GSTN) said on Friday. GSTN said in an advisory issued on October 29, effective December 1, 2025, the timing of monthly GST return forms GSTR-1 and GSTR-3B due October 2022 and annual GST return GSTR-9 for the financial year 2020-21 will be disrupted. This restriction will be implemented on the GST platform from the November 2025 tax period. This means that any return whose due date was three years or more ago and has not been filed by the November tax period will be barred from filing. The government had fixed the time for filing GST returns by amending the GST law in 2023.
NABARD signs agreement for climate friendly agriculture
National Bank for Agriculture and Rural Development (NABARD) has entered into an agreement with the Council of Energy, Environment and Water (CEEW). Its objective is to strengthen climate-friendly agriculture. NABARD Chairman Shaji KV said, this agreement will comprehensively enhance sustainable livelihoods in the village economy along with enhancing green rural financing.
Reliance Industries’ rating remains at Baa2
Rating agency Moody’s on Friday approved Reliance Industries Ltd. (RIL)’s long-term issuer and foreign currency senior unsecured debt ratings have been retained at ‘Baa2’. Also maintained its stable outlook on the company. Kaustubh Chaubal, senior vice president, Moody’s Ratings, said the affirmation of RIL’s Baa2 rating reflects the company’s strong creditworthiness. The company is a market leader in many respects.
Growth rate of bank credit to industries declines to 7.3%
The growth of bank credit given to industries declined to 7.3 percent in September, which was 8.9 percent in the same period last year. According to RBI data released on Friday, non-food bank credit grew by 10.2 per cent on an annual basis for the fortnight ending September 19, 2025, compared to 13 per cent in the same fortnight last year (September 20, 2024).
Ford will invest Rs 3,250 crore in Chennai
American automaker Ford will invest Rs 3,250 crore in its Chennai plant to make new generation engines. The company, which is set to exit the Indian market in 2021, said it has entered into MoUs with the Tamil Nadu government. The Chennai plant will have an annual capacity of 2.35 lakh engines when the project is commissioned in December. Production is expected to begin in 2029.
Adani Energy will invest Rs 18,000 crore
Adani Energy Solutions (AESL) will invest up to Rs 18,000 crore in the current financial year. This also includes Rs 6,000 crore already spent on various projects. Company CEO Kandarp Patel said on Friday, there will be an investment of Rs 11,400 crore in transmission, Rs 1,600 crore in distribution and Rs 4,000 crore in smart metering. Navi Mumbai will invest Rs 10,000 crore in the region over five years.
Only ₹5,817 crore of ₹2,000 notes now in circulation
According to the latest RBI data, only ₹5,817 crore of high denomination ₹2,000 notes are now left in circulation. RBI said that when the announcement of withdrawal of ₹ 2,000 notes from circulation was made on May 19, 2023, their total value was ₹ 3.56 lakh crore. According to data till October 31, 2025, 98.37 percent of ₹2,000 notes have been returned so far. However, RBI has clarified that ₹2,000 notes remain legal tender.
