Date | Title | Description |
24.12.2024 | ADB's Financial Moves: Fueling India's Green and Affordable Housing Initiatives | In a world grappling with climate change and housing shortages, financial institutions are stepping up. The Asian Development Bank (ADB) is leading the charge in India, pledging significant funds to bolster green growth and affordable housi... |
24.12.2024 | India Gets $500M ADB Loan for Green Growth | POWER & RENEWABLE ENERGY India Gets $500M ADB Loan for Green Growth
24 Dec 2024 1 Min Read CW Team
The Indian government and the Asian Development Bank (ADB) have signed a $500 million loan agreement to finance green and sustainable inf... |
24.12.2024 | How will 18% GST on all used cars, including EVs work? | FM Nirmala Sitharaman
The GST council, on December 21, clarified that the tax rates on all used cars, including electric vehicles will be 18 percent now.
A GST of 18 percent was already applicable on sale of old and used petrol vehicles of ... |
12.12.2024 | The Transition of Power at the RBI: A New Era Begins | The Reserve Bank of India (RBI) stands at a crossroads. As Shaktikanta Das steps down, the baton passes to Sanjay Malhotra. This transition is not just a change in leadership; it’s a shift in strategy and vision for India’s economic future.... |
10.12.2024 | RBI Governor Shaktikanta Das emphasises on restoring inflation-growth balance | Restoring the inflation-growth balance is the most important task ahead of the Reserve Bank of India, Shaktikanta Das said on Tuesday in his swansong presser as RBI Governor.
“I am sure Team RBI, under the leadership of the new Governor (Sa... |
10.12.2024 | Sanjay Malhotra Appointed as 26th RBI Governor | ECONOMY & POLICY Sanjay Malhotra Appointed as 26th RBI Governor
10 Dec 2024 1 Min Read CW Team
Revenue Secretary Sanjay Malhotra has been appointed the 26th Governor of the Reserve Bank of India (RBI), succeeding Shaktikanta Das, whose ... |
01.12.2024 | India’s Insurance Landscape: A Shift Towards Global Investment and Growth | India's insurance sector stands on the brink of transformation. The finance ministry's recent proposal to raise foreign direct investment (FDI) limits to 100% signals a new era. This change aims to invigorate the industry, enhance policyhol... |
29.11.2024 | India plans to raise FDI limit to 100% in insurance, amend key provisions of 1938 Act | The finance ministry has proposed amending various provisions of the Insurance Act of 1938, including raising foreign direct investment (FDI) in the insurance sector to 100 per cent, reducing paid-up capital, and providing for composite lic... |
25.11.2024 | GST on insurance premia fetched ₹52,000 cr in 5 years | As GST Council prepares to take a call on restructuring rate on various insurance products, government told the Lok Sabha on Monday that GST on insurance premia fetched over ₹52,000 crore in last 5 years. Centre also said GST collection fro... |
19.11.2024 | Received approval to raise $1 billion via ECBs, says Muthoot Finance MD | Gold loan major Muthoot Finance has received the Reserve Bank of India’s (RBI) approval to raise $1 billion through external commercial borrowings (ECBs), after having raised $600 million earlier this year via the same route, MD George Alex... |
12.11.2024 | Govt plans next phase of airport privatisation in 2025-26 Budget
JK Lakshmi Cement posts Rs 190.24 mn loss in Q2; revenue dips 2.2%
Epsilon partners with S Korean firm for high-capacity Li-ion batteri... | AVIATION & AIRPORTS Govt plans next phase of airport privatisation in 2025-26 Budget
12 Nov 2024 2 Min Read CW Team
The central government is preparing to initiate the next phase of airport privatisation and development under the public... |
04.11.2024 | bl interview. Salesforce expands focus on India’s public sector to drive digital transformation | Salesforce, earlier this year, announced the launch of its Public Sector division in India to drive transformation, aimed at empowering government agencies and public sector organisations to transform citizen experiences with its technology... |
04.11.2024 | Govt invites applications for RBI Deputy Governor | The Finance Ministry has invited applications for the post of RBI Deputy Governor in the place of Michael Debabrata Patra, whose extended term is coming to an end on January 14, 2025.
This position of RBI Deputy Governor is for economists. ... |
02.11.2024 | Sharad Pawar alleges police vehicles being used to provide financial aid to candidates of ruling parties | NCP (SP) chief Sharad Pawar
Nationalist Congress Party (SP) president Sharad Pawar on November 2 alleged that police vehicles are being used to provide financial assistance to candidates of the ruling parties in Maharashtra ahead of the ass... |
06.10.2024 | The Changing Landscape of Indian Banking: Mudra Loans and SBI's Expansion Plans | The Indian banking sector is undergoing a transformation. Two recent developments highlight this shift: a slight dip in Mudra loan disbursals and the ambitious expansion plans of the State Bank of India (SBI). These changes reflect the evol... |
06.10.2024 | The Silent Crisis in Public Sector Banks: A Call for Action | Public Sector Banks (PSBs) in India are at a crossroads. A significant number of director positions remain vacant, stifling governance and representation. The All India Bank Employees Association (AIBEA) has raised a clarion call for immedi... |
02.10.2024 | At ₹1,86,284 crore, Mudra loans show marginal dip in H1 | Hyderabad
For the first time after Covid-19, disbursal of Pradhan Mantri Mudra Yojana (PMMY) loans showed a dip in the first half of the current financial year at ₹1,86,284 crore as of September, compared to ₹1,91,863 crore in the same peri... |
07.08.2024 | Petition Filed In NCLT For Investigation Into $230 Mn Crypto Heist At WazirX | SUMMARY
The petition, filed by a legal trainee, has listed WazirX's parent Zanmai Labs, its infrastructure partner Liminal, the exchange’s founders Sameer Mhatre and Nischal Shetty among respondents
The Ministry of Home Affairs, the Ministr... |
24.06.2024 | Budget FY25: FinMin plans to raise standard deduction in income tax, report suggests | Finance Minister Nirmala Sitharaman has begun public consultations on the budget.
The finance ministry plans to raise the standard deduction limit on incomes for taxpayers under the new regime, while leaving the older, exemption-filled regi... |
20.06.2024 | Credit card spending abroad under Government scrutiny again | With the rise in remittances under the Liberalised Remittance Scheme (LRS), spending through international credit cards is prominently on the government’s radar. However, a decision has yet to be made about the date to bring it under LRS.
A... |
09.05.2024 | RBI's new rules could disrupt Modi's key economic plan | ECONOMY & POLICY RBI's new rules could disrupt Modi's key economic plan
09 May 2024 2 Min Read CW Team
The Reserve Bank of India is considering enforcing a rule that may dampen the spirits of India?s capital expenditure momentum, a high... |
29.04.2024 | The Ministry of Finance Granted AEO Status to the Gem and Jewellery Sector This status allows for more efficient export-import processes, quicker cargo release periods, 50% lower bank guarantees than ... | - |
22.03.2024 | Global trade outlook positive, geopolitical uncertainties remain: UNCTAD | The international trade is expected to rebound in 2024, reversing the last year’s downturn, amid lingering geopolitical uncertainties, the United Nations Conference on Trade and Development (UNCTAD) said.
In its Global Trade Update report, ... |
21.03.2023 | Регулирование криптовалют в Индии | Перспективы развития
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Несмотря на то что население Индии проявляет значительный интерес к виртуальным валютам, использование блокчейн-технологии в бизнесе пока никак не регулируется индийскими законами. В то же время ... |
23.09.2008 | Govt Relaxes ECB Norms To Boost Infrastructure Investment | The Finance Ministry has further liberalised the external commercial borrowing policy in an attempt to provide a greater boost to investments in this sector. Following the new move, infrastructure companies can avail themselves of borrowing... |
15.08.2008 | Legal Guest Column: Understanding Shareholder Thresholds | Editor’s note: This guest column is written by Shantanu Surpure, partner at Economic Laws Practice, a Mumbai-based law firm specialised in venture capital, private equity and cross border transactions. Yashojit Mitra and Devyani Singh, asso... |