NBFC the Non-Banking financial companies have grown considerably in the India financial system alongside with mainstream Banks and leading organizations. This has happened over time with efficiency and diversity in terms of products, services, asset quality and strong regulatory...
To enable virtual transactions via mobile phones between India &
Singapore the Monetary Authority of Singapore (MAS) and the Reserve
Bank of India (RBI) today launched the linkage between Singapore’s
PayNow and India’s Unified Payments Interface (UPI).
Indian customers of all participating Indian...
From 2nd July, 2021, the Government has included Retail and Wholesale Trades as MSMEs.
The Government, vide notification no. S.O. 2119(E) dated 26.06.2020, had notified composite criteria of classification of MSMEs based on investment in plant and machinery or equipment and...
With India’s forex reserves at $608.99 billion as on June 25, 2021 stood, India has emerged as the fifth largest foreign exchange reserves holder in the world after China, Japan, Switzerland and Russia.
The Minister stated that India’s foreign exchange...
The Commerce Secretary Dr Anup Wadhawan today said that India’s export performance continues to be impressive, with provisional data of merchandise exports in May 2021 showing a significant growth of 67.39 per cent over May 2020 level and 7.93 per cent over May...
India’s overall exports (Merchandise and Services combined) in April-March2020-21* are estimated to be USD 493.19Billion, exhibiting a negative growth of (-)6.66per cent over the same period last year. Overall imports in April-March 2020-21* are estimated to be USD 505.94Billion,...
Online Dispute Resolution’s Role Critical during Covid-19 Pandemic: Justice DY Chandrachud
Online Dispute Resolution (ODR) has the potential to decentralize, diversify, democratize, and disentangle the justice delivery mechanism, Supreme Court Justice DY Chandrachud said today. He was addressing the release...
The Government had announced Rs 1.70 Lakh Crore ‘Pradhan Mantri Garib Kalyan Yojana’ relief package on 26.03.2020 to help the poor in the fight against Corona Virus. Government has also taken various measures under Pradhan Mantri Garib Kalyan Yojana...
The Government has lifted the embargo on private sector banks (only a few were permitted earlier) for the conduct of Government-related banking transactions such as taxes and other revenue payment facilities, pension payments, small savings schemes, etc. This step...
FDI Equity Inflows during the first half of 2020-21 have shown 15% growth in US$ terms and 23% growth in Rupee terms
Total Foreign Direct Investments (FDI) inflows into India during the second quarter of financial year 2020-21 (July, 2020...
