India’s merchandise trade deficit widened to a record $26.18 billion in June, wider than the government’s earlier estimate of $25.63 billion, after the Commerce Ministry revised upwards both the exports and imports figures for the month. The previous record monthly ...

The government has approved the continuation of the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) with the same rates as announced by the Ministry of Textiles for exports of apparel/garments and made-ups until March 31, 2024 in an effort to increase exports and create ...

Paper Import Monitoring System will come into effect from 1st October 2022, an importer need to provide advance information online about the import of papers and obtain a registration number. It is applicable on import by a Domestic Territory Area unit on a wide range of ...

NBFC-MFI Arohan Financial Services has launched a digital lending app named 'ApnaArohan' for its existing customers. This app will help its customers make repayments and other transactions through the digital mode. It reduces the physical interaction with the loan officers of the MFI. ...

ICICI Securities has launched a learning app named ‘ICICIdirect iLearn’ with an aim to provide customers with easy access to learning  financial products and market topics. This will help customers with this app to better assist them in their investment journey. ...

NITI Aayog and TIFAC have launched a report titled ‘Forecasting Penetration of Electric Two-Wheelers in India’. Total eight scenarios have been for analyzing the future penetration of electric two-wheelers in the country. Optimistic scenario Forecasts: 100% penetration of ...

The GST Council, which is scheduled to meet next week in Chandigarh, is likely to discuss changes in law to facilitate provision for setting up GST Tribunals. The Council will also discuss the group of ministers’ (GoM) report on online gaming, casinos and race courses, sources told ...

According to the study conducted by credit bureau CRIF High Mark, the loan disbursed to MSME sector grew by a massive 182% in FY22 to Rs 37 trillion. In terms of value, the loan disbursal of private banks increased from 33.6% in FY20 to 69.8% in FY22. Share of private banks increased ...

India is one of the fastest-growing economies in the world and it is expected to reach USD 30 trillion in the coming 30 years, Commerce and Industry Minister Piyush Goyal said here on Sunday. Goyal remarked that if India grows at a compound annual growth rate of 8% annually, the economy will ...

Liberty General Insurance has signed an agreement with Peerless Financial Products Distribution Ltd (PFPDL) to enable the distribution of Liberty’s retail and commercial line of products. The product distribution across the country will be done through the 42 branches of ...