The market for IPO’s in India is turning into a feeding frenzy. The amount of money raised in IPOs this year has reached $8.8 billion, which has already surpassed the totals of the past three years though it’s only August. At the...
Private lender HDFC Bank on Wednesday said that the Reserve Bank of India (RBI) has reduced the restriction placed on sourcing of new credit cards. Though, the curbs on initiating digital initiatives continue. Shares of HDFC Bank were...
After eight months of “restrictions”, the Reserve Bank of India (RBI) has allowed HDFC Bank to start issuing the new credit cards. However, the restrictions of the central bank on HDFC ‘s new offerings under its Digital 2.0...
With unlocks and vaccination drive gaining momentum, Reserve Bank of India (RBI) said that the manufacturing activity is “gradually turning around, while contraction in services has moderated”. Reaffirming the traction that the economy...
Selling directly to clients in export regions, marketing items through a local distributor, forming a joint venture with a local business partner, or selling through a website are all ways for small enterprises to access the global market. Each...
India on Tuesday notified the RoDTEP (Refund of Duties and Taxes on Exported Products) scheme, meant to provide refunds to exporters on taxes and levies borne on exported products. "The scheme for zero rating of exports will boost our...
The Reserve Bank of India on Tuesday initiated the financial inclusion index to capture the extent of financial inclusion in the country. This was part of the declarations made in the first bi-monthly monetary policy in April this year. As per...
E-Retail has particularly been a boon throughout the Coronavirus (Covid-19) pandemic after the setbacks caused by widespread disruption (for consumers and small businesses) and loss of jobs. In the future, the e-retail market is...
The government would soon finalise the taxation aspects for the overseas listing of shares by the various Indian companies. Finance Minister Nirmala Sitharaman said on Monday that the government departments have held a couple of meetings regarding...
Though not in a “tearing hurry”, the state-owned Oil and Natural Gas Corporation (ONGC) is looking at acquisitions in order to reach its target of 10 GW of installed renewable energy capacity by the year 2040. “Renewables...
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