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Petrol pump dealers threaten cash-only payments over rRs.r5 UPI charge above rRs.r2,000

New Delhi, Sept. 16 -- Petrol pump dealers across India have threatened to stop accepting unified payments interface (UPI) payments of Rs.2,000 and above and switch to cash if they are required to pay... Read More


India's growth to stay at 7% despite global uncertainties: Nirmala Sitharaman

New Delhi, Aug. 30 -- India's economy has been growing at 7% or more since the Covid-19 pandemic and is expected to maintain the momentum despite global uncertainties, Union finance minister Nirmala S... Read More


Sitharaman, Goyal, commerce secretary to lead India's global outreach next week

New Delhi, Aug. 23 -- India is stepping up its global economic outreach, with finance minister Nirmala Sitharaman, commerce and industry minister Piyush Goyal and commerce secretary Rajesh Agrawal set... Read More


IT dept targets 394 entities over suspicious foreign remittances in 3 yrs: Official

New Delhi, Aug. 18 -- The Income-Tax Department on Tuesday launched a nationwide exercise targeting suspicious foreign remittances made by unscrupulous elements and shell entities in the last three ye... Read More


Public capital must act as catalyst, not substitute for pvt investment: Sitharaman

New Delhi, Aug. 12 -- The government believes that public capital must act as a catalyst, not a substitute for private investment, Union finance minister Nirmala Sitharaman said on Wednesday. She sai... Read More


Govt operationalises inventory-based cross-border e-commerce export framework

New Delhi, Aug. 5 -- The government on Wednesday operationalised inventory-based e-commerce exclusively for exports, requiring interested firms to conduct business through a registered entity as an ex... Read More


Piyush Goyal to visit UK ahead of July 15 deadline to implement trade pact

New Delhi, June 24 -- Union commerce minister Piyush Goyal to visit the United Kingdom between June 25 and 27 ahead of the July 15 deadline for the operationalisation of the India-UK Comprehensive Eco... Read More