The Reserve Bank of India (RBI) recently proposed a framework for the adoption of an expected loss-based approach for provisioning against loan loss by banks in India. Background...
The Confederation of Indian Industry (CII) has reported that the latest CII Business Confidence Index for the October-December quarter rebounded to its highest reading in almost two years,...
The trade between India and China reached an all-time high of USD 135.98 billion in 2022, even as New Delhi’s trade deficit with Beijing crossed the USD 100...
1. Who has Chennai’s drone startup Garuda Aerospace partnered with? Answer: Garuda Aerospace has partnered with the Union Bank of India. 2. How many Garuda Agri Kisan drones...
According to government data, the country’s gross direct tax collection of the current fiscal year (FY2023) till January 10 went up 24.58% to Rs 14.71 lakh crore, against...
The Central Board of Indirect Taxes and Customs (CBIC) has announced that it will come out with a list of “identified goods” that will be subject to stricter...
Recently, the Indian government has approved the setting up and promotion of a National Level multi-state cooperative export society. The decision was made during a meeting of the...
The Indian government has recently approved an incentive scheme worth Rs 2,600 crore to promote Rupay debit card and low-value BHIM-UPI transactions in the current financial year. The...
In an effort to scale up the implementation capacity and coverage of Micro, Small, and Medium Enterprises (MSMEs) in the country, the Minister of MSMEs, Narayan Rane recently...
In 2022, Bengaluru, the technology capital of India, has topped the startup funding chart with a whopping $10.8 billion, according to data provided by Tracxn, a global market...
