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CAIT, NASSCOM to Launch Nationwide AI Adoption, Cybersecurity Campaign for Traders and MSMEs

New Delhi, Oct. 27 -- The Confederation of All India Traders (CAIT) and NASSCOM will jointly launch a nationwide campaign to promote artificial intelligence (AI) adoption and cybersecurity awareness a... Read More


India To Mobilise Domestic, Global Capital For 500 GW Clean Energy Goal: MNRE Secretary

New Delhi, Oct. 27 -- India is looking to mobilise around USD 220 billion in renewable energy financing between 2027 and 2030 by combining domestic funding, international capital and blended financing... Read More


Centre Weighs LTCG Tax Cut To Attract Foreign Investors Amid Heavy FPI Outflows

New Delhi, Oct. 27 -- The Centre is considering measures to improve India's tax appeal to foreign investors, including a possible LTCG (Long-Term Capital Gains) tax cut, amid heavy FPI outflows. The ... Read More


CoC Cannot Withdraw Approved Resolution Plan After NCLT Submission Over Improved Corporate Debtor Finances: SC

New Delhi, Oct. 27 -- The Supreme Court has ruled that a Committee of Creditors (CoC) cannot withdraw its approval of a resolution plan after submitting it to the National Company Law Tribunal (NCLT),... Read More


India Targets Government Debt At 50% Of GDP By 2030: Nirmala Sitharaman

New Delhi, Oct. 27 -- Union Finance Minister Nirmala Sitharaman on Monday said the Centre remains committed to reducing the fiscal deficit and aims to limit the Union Government's debt to 50 per cent ... Read More


RBI Increases Liquidity Support to Banks as Tight Conditions Push Up Short-Term Borrowing Costs: ICICI Bank

New Delhi, Oct. 27 -- Tightening liquidity conditions in the banking system have pushed up short-term borrowing costs, prompting the Reserve Bank of India (RBI) to inject funds into banks. Meanwhile, ... Read More


RBI's New Forex Rules Leave Individual Service Exporters Uncertain Over EDF Compliance

New Delhi, Oct. 27 -- Individual service exporters remain uncertain about compliance with the RBI's new Foreign Exchange Management Regulations, more than three weeks after their implementation, due t... Read More


DPIIT Reports 2.5 Lakh Startups Generating 25.42 Lakh Jobs, 47,957 Compliance Cuts

New Delhi, Oct. 27 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has recognised 2,50,046 startups that have generated over 25.42 lakh jobs across more than 770 districts. The ... Read More


UP Power Utility Plans 4,250 MW Battery Storage Projects at Six Locations With Rs 5,525 Crore Investment

Lucknow, Oct. 27 -- Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL), a state-owned power generation utility, plans to develop battery energy storage systems (BESS) at six locations linked to it... Read More


Piyush Goyal Holds Trade, Investment Talks With Dutch Ministers and Business Leaders

New Delhi, Oct. 27 -- Commerce and Industry Minister Piyush Goyal held meetings with Dutch government officials, parliamentarians and business leaders on October 26 to discuss bilateral trade, investm... Read More