BCCI Newsroom

RBI Announces Framework for Compromise Settlements & Technical Write-offs

June 9, 2023

Read more

World Bank Cuts India Growth Forecast to 6.3%

June 7, 2023

The World Bank has revised its global growth forecast for 2023, stating that the U.S. and other major economies have displayed greater resilience than anticipated. Nevertheless, the Bank has lowered its growth projection for ...

Read more

GST Collections Cross ₹1.57 Lakh Crore, for May 2023; Clocks 12% Year-on-Year Growth

June 2, 2023

India’s gross Good & Services Tax (GST) revenue collected in the month of May, 2023 cross Rs 1.57 lakh crore, of which CGST is ₹28,411 crore, SGST is ₹35,828 crore, IGST is ₹81,363 crore (including ₹41,772 crore col ...

Read more

In a Boost to Off-Shore Wind Energy Projects, Government Gives Complete Waiver of ISTS Charges for 25 Years to Projects Commissioned

May 30, 2023

In a bid to facilitate wider execution of offshore wind energy initiatives, to promote the expansion of Green Hydrogen/Green Ammonia Projects and to encourage the offtake of renewable energy from Energy Storage System Project ...

Read more

India to be Fastest Growing G-20 Economy; Bureaucracy Could Hamper FDI Attraction: Moody’s

May 25, 2023

Moody’s Investors Service has reported that India will be the fastest-growing G-20 economy over the next few years, with expansion of manufacturing and infrastructure sectors. However, reform and policy barriers could hampe ...

Read more

Cabinet Approves Production Linked Incentive Scheme – 2.0 for IT Hardware

May 19, 2023

Building on the success of the Production Linked Incentive scheme (PLI) for mobile phones, the Union Cabinet, chaired by the Prime Minister Narendra Modi, approved the Production Linked Incentive Scheme 2.0 for IT Hardware wi ...

Read more

India’s Overall Exports in April 2023 Estimated at US$ 65.02 billion; Positive Growth of 2 Percent

May 16, 2023

According to data released by the Ministry of Commerce, India’s overall exports (merchandise and services combined) in April 2023 is estimated to be USD 65.02 billion, exhibiting a positive growth of 2.00 per cent over Apri ...

Read more

Ministry of Power & Ministry of Environment, Forests & Climate Change to develop Carbon Credit Trading Scheme for Decarbonisation

May 12, 2023

The government plans to develop the Indian Carbon Market (ICM) where a national framework will be established with an objective to decarbonise the Indian economy by pricing greenhouse gas (GHG) emission through trading of the ...

Read more

20% Growth in India-UAE Bilateral Trade Since CEPA Came into Force: DPIIT

May 9, 2023

Since the entry into force of the Comprehensive Economic Partnership Agreement (CEPA), bilateral trade between India and UAE has witnessed tremendous growth of 20% when

Read more

Indian Origin Ajay Banga Selected 14th President of the World Bank

May 4, 2023

The Executive Directors of the World Bank selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023.

Read more