India's non-smartphone electronics reach $14 billion in exports in FY25: Report

New Delhi (IANS) India's non-smartphone electronics exports exceeded $14 billion in value in FY 2024-25, accounting for around 36 per cent of the total electronics exports, a report from the Electronics and Computer Software Export Promotion Council…

US tariff impact: India can increase exports to other countries, leverage UK FTA benefits

New Delhi (IANS) -To mitigate the impact for the Micro, Small and Medium Enterprises (MSMEs) from the US tariffs, India can increase exports to other countries as well as leverage the benefits of the recently concluded trade deal with the UK and a…

India’s textile exports to US, Europe cross $20 billion in FY25: Minister

New Delhi: India’s textile exports to key markets — the US, EU, and UK — reached $20.7 billion in the financial year 2024-25, Minister of State for Textiles Pabitra Margherita informed Parliament on Tuesday.

According to the minister, exports…

Centre Reaffirms: No Plans to Levy Charges on UPI Payments

New Delhi – The government on Monday reiterated that there is no proposal to impose transaction charges on Unified Payments Interface (UPI)-based digital payments.

UPI transactions are managed by the National Payments Corporation of India (NPCI).…

GST reforms expected to lift auto, banking, cement stocks: Report

New Delhi – The upcoming rationalisation of GST slabs is likely to boost consumption and improve profitability across sectors including automobiles, financial services, cement, and consumer staples, according to a report released on Monday.

Passenger…

SEBI Reports Surge in Settlement Pleas, Collects Over ?860 Crore in FY25

Mumbai — The Securities and Exchange Board of India (SEBI) recorded a sharp increase in settlement applications in FY25, reflecting a growing preference among entities to resolve regulatory disputes without engaging in lengthy litigation.

According…

US may not impose extra 25% tariffs on India over Russian oil, suggests Trump

New Delhi- The Donald Trump administration may hold back on imposing secondary tariffs on India for its purchase of Russian oil, with the US President indicating that Moscow has already lost a key energy customer.

Speaking to Fox News aboard…

Big Bang Reform: Finance Ministry Proposes Two-Slab GST System Following PM’s Independence Day Speech

New Delhi: The Finance Ministry has proposed a simplified two-tier Goods and Services Tax (GST) structure with “standard” and “merit” slabs, along with special rates for certain goods.

The proposal follows Prime Minister Narendra…

India’s Forex Reserves Jump $4.75 Billion to Reach $693.6 Billion

Mumbai – India’s foreign exchange reserves rose by $4.75 billion to $693.62 billion for the week ending August 8, according to RBI data released on Friday.

The steady expansion of the forex kitty reflects the country’s robust macroeconomic…

Banks to clear cheques within few hours starting October 4: RBI

Mumbai (IANS)- The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 -- down from the current clearance time of up to two working days. Under the new mechanism, the banks will scan, present…