The Reserve Bank of India shortened its zero-cost FX swap facility for banks. This action followed substantial foreign deposit inflows from non-resident Indians. Policymakers also considered domestic liquidity effects and fundraising costs. The overseas fundraising supported the rupee, which had…
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Prime Minister Modi encouraged MSMEs to utilize India’s numerous free trade agreements. These pacts offer significant opportunities for small businesses to expand globally. Exporters believe converting agreements into actual export orders is now the key. India has finalized trade pacts…
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The Indian equity markets opened weak on Monday, with the Sensex falling over 300 points and the Nifty slipping below 24,300, extending Friday’s decline as investors remained cautious amid geopolitical tensions and elevated crude oil prices.
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The Gujarat High Court upheld Goods and Services Tax on corporate guarantees provided by holding companies. It struck down the ‘whichever is higher’ valuation method for these guarantees. The court ruled that actual consideration should be used when available for…
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The insights, derived from order items processed on the company’s Uniware platform between August 6 and 14, also revealed a 30 per cent jump in total sales value, or gross merchandise value (GMV), compared to the same period in 2025.
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Maritime insecurity poses a persistent trade risk for India. The Red Sea crisis has disrupted trade with Europe and North America. This disruption increases freight and insurance costs for Indian exporters. India must strengthen its domestic shipping and naval protection…
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