Feedback | Monday, November 02, 2026
January 1, 2024 12:28 PM
The National Payments Corporation of India (NPCI) officially introduced 'UPI for Secondary Market' on Monday, enhancing the ease of equity trading in the country. The initiative, approved by the Securities and Exchange Board of India (SEBI) and based on the RBI-approved facility of single-...
December 27, 2023 4:37 PM
India’s benchmark indices surged to new heights on Wednesday, propelled by a global rally fueled by renewed optimism that the U.S. central bank would initiate rate cuts as early as March next year. The Sensex jumped 701.63 points or 0.98%, settling at its all-time closing high of 72,038.43, whi...
December 27, 2023 8:02 AM
The Reserve Bank of India (RBI) has released a draft- 'Licensing Framework for Authorised Persons (APs)' under Foreign Exchange Management Act (FEMA), 1999. According to RBI release, the focus of the draft norms is on rationalising the authorisation framework for money changers in view ...
December 26, 2023 10:28 PM
This FTA is likely to benefit various export sectors such as motor gasoline, iron and steel products, electronics, machinery, textiles, plastics, boneless meat, essential oils, and motor cars. These goods currently face a 5% import duty in Oman. However, Indian exports of wheat, medicines, basmati r...
December 22, 2023 2:08 PM
Oil Marketing Companies (OMCs) have slashed the prices of 19 kg LPG cylinders by Rs 39.50 across major metropolitan cities, bringing a potential sigh of relief for commercial users such as hotels and restaurants. The revised rates came into effect on Friday. Following the price cut, the retail sa...
December 22, 2023 11:36 AM
India will allow the import of edible oils at lower import tax rates until March 2025, according to a government order, as the world's biggest importer of vegetable oil moves to keep a lid on local prices. The lower import duty structure on crude palm oil, crude sunflower oil and crude soyoi...
December 19, 2023 11:11 AM
India has witnessed an exceptional surge in Unified Payments Interface (UPI) transactions, reaching a staggering 8,572 crore by December 11, 2023, marking a significant shift towards digital transactions. This growth is part of a larger trend, with UPI transactions surging from 92 crore in FY 2017-1...
December 18, 2023 2:57 PM
In a strategic move to channelize domestic savings into financial instruments, the Government of India has launched the Sovereign Gold Bond Scheme 2023-24 (Series III). Stemming from the inaugural scheme in November 2015 under the Gold Monetisation Scheme, this initiative aims to reduce the demand f...
December 14, 2023 10:50 AM
India's benchmark indexes surged to record highs on Thursday, mirroring a global rally that reverberated in regional markets. This surge followed the U.S. Federal Reserve's indication of nearing the end of its tightening cycle, fostering expectations of a potential rate cut in March 2024. ...
December 14, 2023 9:58 AM
The decision to halt rough diamond imports voluntarily was initially implemented on October 15, and now, with prices stabilizing, the industry is gearing up to resume purchases, said Vipul Shah, the chairman of GJEPC. The voluntary suspension, jointly agreed upon by major players in the Indian ge...
