On Wednesday morning, the Indian rupee rose by just 0.1 to reach a value of 91.6350 against the dollar. The rupee received support from the continued weakness of the U.S. dollar, which trades near four-year lows against major currencies.
The NITI Aayog has recommended reducing the GST (Goods and Services Tax) rates on vehicle scrapping through formally registered scrap facilities, to encourage the recycling of end-of-life vehicles. The tax structure currently favours informal operato
Digilogic Systems Ltd, a Hyderabad-based company incorporated in 2011 engaged in design, development, integration, manufacturing, supply, and support of Automated Test Equipment (ATE) systems, radar and Electronic Warfare simulators, application soft
Shadowfax Technologies Ltd, a Bengaluru-based logistics solution provider incorporated in June 2016 offering e-commerce express parcel delivery, hyperlocal and quick commerce within hours or same day, and SMS and personal courier services through its
The Reserve Bank of India (RBI) has announced the purchase of Government Securities of ₹1 lakh crore through two Open Market Operation (OMO) tranches on January 29 and February 5. There will also be a $10 billion USD-INR buy or sell swap auction sc
The Reserve Bank of India is expected to reduce its repo rate by 0.25 on February 6, marking the final step in the easing cycle, which has also included substantial liquidity injections. As the economy slows down and inflation remains stable, the RB
With the new FTA signed earlier this month, the European Union has granted India an opportunity to export textiles without facing customs tariffs. The Directorate of Commerce Ministry has indicated duty-free importation of textiles, such as cotton an
Gold prices in India strengthened further in the second half of January, decisively breaking out of the brief consolidation phase and scaling fresh record highs. After easing to ₹15,431 per gram on January 22, the 24K benchmark rebounded to ₹15,7
Silver prices in India extended their recovery further after the brief early-January correction, underscoring sustained volatility and strong follow-through buying. After rebounding to ₹340 per gram on January 23, prices pulled back to ₹335 on Ja
On January 28th, Shadowfax Technologies is set to be listed on the main board, while a number of companies, such as Rail Vikas Nigam Ltd., Titagarh Rail Systems Ltd., Hindustan Zinc Ltd., and Marico Ltd., are attracting investor interest. Investments
On January 27, Prime Minister Narendra Modi formally announced the signing of a free trade agreement with Europe as part of the opening ceremony of India Energy Week in Goa. This landmark agreement encompasses approximately 25 of the global gross do
As part of their Memorandum for the Union Budget 2026-27, the Bombay Chamber of Commerce and Industry has requested that the 182-day tax residency requirement for visiting non-resident Indians (NRIs) and persons of Indian origin (PIOs) be restored, a
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