Recent Posts
RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+
Mumbai: The central bank late on Friday proposed replacing its existing methodology for identifying upper-layer non-banking financial companies (NBFC-UL) with an absolute asset size threshold…
RBI’s Utkarsh 2.0 places focus on better service
MUMBAI: The Reserve Bank of India (RBI) has published a medium-term strategy framework called Utkarsh 2.0 to highlight multiple strategy pillars: Regulations, customer centricity, inclusive…
Rice export rules relaxed for select European countries
New Delhi: India on Friday said that the requirement for a certificate of inspection from Export Inspection Council (EIC)/Export Inspection Agencies (EIAs) for rice exports…
Wholesale rice prices up 7% as West Asia ceasefire fuels export rush
Kolkata: Rice prices in India increased up to 7% at the wholesale level in the past two days, after the US-Iran ceasefire triggered a rush…
Government plans weekly system to track EXIM trends
New Delhi: The government will create a monitoring mechanism to track export-import trends and sectoral stress weekly indicators amid concerns that supply chain disruptions, logistics…
Unincorporated construction GVA at Rs 7.98 lakh; 10.27 lakh units engaged
The gross value added (GVA) per establishment in the unincorporated construction sector in one year stood at Rs 7.98 lakh, while the gross value of…
Winzo founder Paavan Nanda vs ED: A timeline of key developments in the money laundering case
The Karnataka High Court has warned the Enforcement Directorate (ED) that it could impose Rs 1 lakh in costs if it finds the agency’s appeal…
West Asia crisis: Piyush Goyal meets Kuwait, UAE to restore trade, energy flows
New Delhi: Commerce and Industry Minister Piyush Goyal on Friday held separate discussions with his Kuwaiti and UAE counterparts on containing disruptions in energy supplies…
Canada’s Cohere, Germany’s Aleph Alpha in merger talks: Report
Artificial intelligence companies Cohere of Canada and Aleph Alpha of Germany are in talks to merge and have Berlin’s support for a potential deal, newspaper…
West Asia conflict: Govt to setup weekly monitoring mechanism to track exim trends
New Delhi: The government will setup a weekly monitoring mechanism to track export-import trends and sectoral stress indicators amid concerns that supply chain disruptions, logistics…