Government: Page 8
India's Forex Reserves Fall By $2.39 Billion To $560 Billion
As per the reports, the exchange reserves recovered last week and stood at $562.40 billion as of the week ended March 3, 2023
Indian Startups Have Deposits Worth $1 Billion In SVB, Says Rajeev Chandrasekhar
During a Twitter live session, Chandrasekhar said he heard that over $200 million of startups' deposits have been transferred to GIFT City bank
Indians Acquire 100 Patents For 6G Technology, Says Ashwini Vaishnaw
While mentioning that India has started the exports of telecom products to the US, Vaishnaw said that export of radio equipment has started from India in the last 7-8 months and that too to America
Foreign Lawyers And Law Firms Can Now Practice In India: BCI
According to reports, this is the first time that foreign law firms and lawyers have been permitted registration under the Advocates Act, 1961, which until now was confined exclusively to Indian citizens
India's Exports And Imports Fell Over 8% In February: Government Data
The data stated that goods exports declined by 8.8% on yearly basis as compared with 6.58% fall in the previous month
India Is Poised For a Vibrant Chip Industry In Next 3-4 Years, Says Ashwini Vaishnaw
As per the report, the government is focused on creating and fostering the semiconductor industry and has been actively engaging with all stakeholders
SVB Crisis: Startups Can Approach Indian Banking System, Says Rajeev Chandrasekhar
The minister also guaranteed that Indian government is working on ways to shield them from economic vulnerability
India To Restrain Foreign Trade Settlement In Chinese Yuan: Reuters
According to government officials, India, which has emerged as a top buyer of Russian oil as well as discounted coal, would prefer the use of United Arab Emirates dirhams to settle trade
Digital E-Rupee Worth Over INR 130 Crore Is In Circulation, Says Nirmala Sitharaman
India launched its e-Rupee on December 1st in 5 select locations in a closed user group for making Person to Person (P2P) and Person to Merchant (P2M) transactions
Government May Infuse More Capital In General Insurance Companies: Official
The government last year reportedly provided INR 5,000 crore capital to three insurers --National Insurance Company Limited, Oriental Insurance Company Limited and United India Insurance Company
Fintech Companies Need a Self-Regulatory Approach, Says RBI Deputy Governor
The Reserve Bank of India (RBI) has said that the financial technology, or fintech, sector should organize itself under a self-regulatory organization that can monitor the conduct of member fintech entities
India And US To Sign MoU On Semiconductor Sector
US Commerce Secretary has said that several US companies in the electronics and semiconductor segment have a 'strong' desire to diversify their supply chain and be more resilient
India Must Prepare To Manage Volatility Risks In Forex Market, Says RBI Deputy Governor
The deputy governor said that India has increasingly aimed to promote trade denominated in Rupees
Sebi Introduces Up to INR 20 Lakh Reward System For Tips On Defaulters
The informant reward committee will give its recommendations to the competent authority on the matters pertaining to eligibility of informants for reward and determination of the amount of reward payable to informants
Link PAN With Aadhaar, Sebi Asks Investors
The provisions of Income-tax Act, 1961, make it mandatory for every person who has been allotted a Permanent Account Number (PAN) to intimate his/her Aadhaar Number to the prescribed authority so that the Aadhaar and PAN can be linked