New Delhi, Apr 10 (KNN) The Reserve Bank of India (RBI) has issued final guidelines aimed at accelerating cross-border inward payments, seeking to reduce delays in crediting funds to beneficiaries. The central bank said the move is intended to address operational frictions and ensure quicker communication of payment information, enablingContinue Reading
New Delhi, Apr 10 (KNN) India’s online retail market reached an estimated USD 65–66 billion in gross merchandise value (GMV) in 2025 and is projected to grow at over 20 per cent annually to touch USD 170–180 billion by 2030, according to a joint report by Bain & Company andContinue Reading
New Delhi, Apr 11 (KNN) The Reserve Bank of India (RBI) on Friday outlined its medium-term strategy for April 2026 to March 2029 under the ‘Utkarsh 2029’ framework, aimed at reinforcing its position as a world-class, full-service central bank. Strategic Focus And Key Initiatives The strategy prioritises long-term initiatives suchContinue Reading
New Delhi, Apr 11 (KNN) The Centre is exploring the extension of the Trade Receivables Discounting System (TReDS) to defence procurement in a move aimed at improving payment cycles for micro, small and medium enterprises (MSMEs). Move To Ease MSME Payment Delays The proposal seeks to integrate defence procurement transactionsContinue Reading
New Delhi, Apr 11 (KNN) The 9th meeting of the National Traders’ Welfare Board (NTWB) was held at Vanijya Bhawan in New Delhi under the chairmanship of Sunil J. Singhi, with a focus on strengthening reforms and improving the ease of doing business for traders across the country. Schemes suchContinue Reading
New Delhi, Apr 13 (KNN) India recorded a 30.2 percent increase in patent filings to 1,43,729 in 2025–26, up from 1,10,375 in the previous fiscal, driven by government initiatives to strengthen the intellectual property rights ecosystem, Union Commerce and Industry Minister Piyush Goyal said. India is currently the world’s sixth-largestContinue Reading
New Delhi, Apr 13 (KNN) The Income Tax Department has introduced simplified tax forms under the Income Tax Act, 2025, effective April 1, 2026, aimed at improving ease of compliance and streamlining processes for taxpayers. Under the revised Income Tax Rules, 2026, the erstwhile Form 49AA has been replacedContinue Reading
