The Indian economy expanded 7.6% in the September quarter, faster than the 6.8% forecast in a Reuters poll of economists and the RBI's estimate of 6.5%

The deadline for tax return submissions was originally set to run out on Nov 31, but has been extended in the public interest, the NBR said

The investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year

Proposed new rules would also allow existing fund houses to hive off their passive investment schemes into separate entities

The loans are geared towards promoting energy efficiency, vaccine production, clean water services, and upgrading the Dhaka-Northwest International Road Corridor

China recorded its first-ever quarterly deficit in foreign direct investment in July-September, suggesting capital outflow pressure

India's economic expansion likely moderated but remained strong in the September quarter, supported by robust service activity and solid urban demand despite a dampened export growth

It hopes that the downward trend of prices in the global market and availability of winter vegetables will also help control inflation