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DGFT authorises 17 banks for import of precious metals

New Delhi, April 17 -- The Directorate General of Foreign Trade (DGFT) on Friday authorised 17 banks to import precious metals for the period from 1 April to March 2029, according to an official order... Read More


DGFT authorizes 17 banks for import of precious metals

New Delhi, April 17 -- The Directorate General of Foreign Trade (DGFT) on Friday authorized 17 banks to import precious metals for the period from 1 April to March 2029, according to an official order... Read More


IBBI proposes financial creditor nod for big deals in distressed firms

New Delhi, April 16 -- Banks initiating bankruptcy proceedings without replacing existing management in defaulting companies will set a monetary threshold above which the distressed firm must obtain f... Read More


IMF revises India's FY27 GDP growth a notch up to 6.5%

New Delhi, April 14 -- The International Monetary Fund (IMF) on Tuesday revised India's 2026-27 economic growth forecast upwards by a notch to 6.5%, from its January estimate, as the benefits of a red... Read More


India e-way bills at record 140.6 mn in March, up 12% on year

New Delhi, April 10 -- India's electronic permits needed to transport goods within and across states have crossed 140.8 million in March, its highest in the GST regime that was rolled out in July 2017... Read More


AI, trade drive India's new company boom in FY26

NEW DELHI, April 8 -- India's formal economy is expanding rapidly, led by technology and trade businesses, with artificial intelligence increasingly emerging as a branding and business driver. Data fr... Read More


IT, trade lead surge in new company registrations; AI tag gains ground

New Delhi, April 7 -- India's formal economy is expanding rapidly, led by technology and trade businesses, with artificial intelligence increasingly emerging as a branding and business driver. Data f... Read More


CII seeks urgent support as West Asia war-led supply chain crisis deepens

New Delhi, April 5 -- Supply-side pressures arising from the West Asia war continue to persist, and businesses need targeted liquidity support, industry lobby group Confederation of Indian Industry (C... Read More


IBBI draft rules require promoters to disclose crypto, foreign assets and more in bankruptcy

New Delhi, April 3 -- The Insolvency and Bankruptcy Board of India (IBBI) has issued draft regulations requiring company promoters who have guaranteed corporate loans to disclose their personal wealth... Read More


Centre waives customs duties on petrochemicals till June end to blunt Iran war impact

NEW DELHI, April 2 -- The Centre has exempted 40 critical petrochemical feedstocks and intermediates from duties to cushion domestic industry from supply disruptions triggered by the Iran war, the fin... Read More