Union Fin Min Nirmala Sitharaman Concludes pre-Budget Meetings for Union Budget 2023-24
November 29, 2022
Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman chaired the pre-budget consultation meetings for Budget 2023-24 held in virtual mode from 21st to 28th November, 2022.
RBI Announces Inclusion of GSTN as Financial Information Provider under AA Framework to Facilitate MSMEs
November 25, 2022
In a bid to facilitate cash flow-based lending to MSMEs, RBI has announced that it will include the Goods and Services Tax Network (GSTN) as a Financial Information Provider (FIP) under the Account Aggregator (AA) framework.
Startup India Launches Startup Applications for MAARG Portal
November 24, 2022
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has launched a call for startups to register on the MAARG portal, the National Mentorship Platform by Startup I ...
Duties on 100% Tariff Lines to be Eliminated by Australia Under India-Australia Economic Cooperation & Trade Agreement: Piyush Goyal
November 23, 2022
Following the Australian Parliament’s approval of the Free Trade Agreement with India, duties on 100 percent tariff lines would be eliminated by Australia under the India-Australia Economic Cooperation and Trade Agreement ( ...
After assuming G20 Presidency, PM Narendra Modi Government to assume Chair of Global Partnership on AI (GPAI)
November 21, 2022
Close on the heels of assuming the presidency of G20, India will take over the chair of the Global Partnership on Artificial Intelligence (GPAI), an international initiative to support responsible and human-centric developmen ...
Government Proposes Penalty of Up to Rs 500 Crore Under Data Protection Bill
November 18, 2022
The government has raised the penalty amount for violating provisions proposed under the Draft Digital Personal Data Protection Bill 2022 to up to Rs 500 crore. It has also proposed a fine of around Rs 200 crore on companies ...
IFSCA Signs MoU with RBI for Regulation, Supervision of Regulated Entities
November 17, 2022
The International Financial Services Centres Authority (IFSCA) and the Reserve Bank of India (RBI) have entered into a Memorandum of Understanding (MoU) for collaboration in the field of regulation and supervision of regulate ...
India Takes Over Presidency of G20 for 2023
November 16, 2022
With the Bali G20 Summit coming to an end, India has taken over the baton of the G-20 Presidency from Indonesia. India will hold the presidency from December 1, 2022, when it officially takes charge till November 30, 2023.
India, Finland Deepen Mutual Cooperation in Future ICT, Future Mobile Technologies and Digital Education
November 15, 2022
India and Finland have agreed to deepen mutual cooperation between the two countries in areas such as Digital Partnership in Future ICT, Future Mobile Technologies and Digital Education.
India’s Ayush Sector to increase Market Share to USD 23 billion globally by 2023: Sarbananda Sonowal
November 14, 2022
Union Minister of Ayush and Ports, Shipping & Waterways Sarbananda Sonowal said that the Ayush sector is slated to capture a market share of USD 23 billion globally, by 2023.
Centre Formulates Action Plan to Promote Millet and Value-Added Products of Millets Export
November 11, 2022
To promote shipment of nutri-cereals, the Ministry of Commerce and Industry through its apex agricultural export promotion body, Agricultural and Processed Food Products Export Development Authority (APEDA)
Centre allows International Trade Settlements in INR for Export Promotion Schemes Under Foreign Trade Policy
November 10, 2022
The Government of India has made amendments in the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlement in Indian Rupees - invoicing, payment, and settlement of exports/imports in Indian ...
FinMin Approves India’s First Sovereign Green Bonds Framework
November 10, 2022
In a bid to further strengthen India’s commitment towards its Nationally Determined Contribution (NDCs) targets, adopted under the Paris Agreement, and attract global and domestic investments in eligible green projects