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Wholesale inflation soars to 16 months high of 3.4%

Wholesale inflation soars to 16 months high of 3.4%

The wholesale price inflation surged to 16 months high in June as food and manufactured product prices shot…

Japan commits Official Development Assistance (ODA) loan of Japanese Yen (JPY) 232.209 billion for nine projects in various sectors in India

Japan commits Official Development Assistance (ODA) loan of Japanese Yen (JPY) 232.209 billion for nine projects in various sectors in India

The Govt. of Japan has committed Official Development Assistance loan of an amount of JPY 232.209 billion for…

New EU rules seen to restrict exports of textiles & footwears

New EU rules seen to restrict exports of textiles & footwears

The European Union’s new eco design regulation, setting stringent sustainability requirements for all products in the bloc, is expected…

Focus on fiscal prudence, capex and jobs: Economists to FM

Focus on fiscal prudence, capex and jobs: Economists to FM

The fiscal deficit, which reached a record high of 9.2% of GDP in Covid-hit FY21, has been brought…

NATIONAL MINIMUM WAGE SCHEME

NATIONAL MINIMUM WAGE SCHEME

Ministry of MSME, through Khadi and Village Industries Commission (KVIC), is implementing various schemes under the Khadi Vikas…

Functionalities to file commonly used ITRs enabled by CBDT on 1st April, 2024

Functionalities to file commonly used ITRs enabled by CBDT on 1st April, 2024

The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for…

Recent Posts

Wholesale Inflation Rises to 13-mth High of 1.26% in Apr

Wholesale Inflation Rises to 13-mth High of 1.26% in Apr

BySMEConnect-DeskMay 17, 20242 min read

Wholesale inflation rose to a 13-month high of 1.26% in April compared with 0.53% in the previous month, as food inflation went up further and fuel and power prices increased on a year-on-year basis after a gap of 11 months. The year-on-year WPI (Wholesale Price Index) inflation hardened to a 13-month high of 1.3% in […]

UPI Growth 2.0: Efforts on to Crack DBT Code

UPI Growth 2.0: Efforts on to Crack DBT Code

BySMEConnect-DeskMay 17, 20243 min read

The Reserve Bank of India and banks are looking to get beneficiaries of the Government’s direct benefit transfer (DBT) schemes to do their routine transactions on the Unified Payments Interface…

MahaRERA proposes self-declaration of project quality by realty developers

MahaRERA proposes self-declaration of project quality by realty developers

BySMEConnect-DeskMay 17, 20242 min read

The above measures are intended to guarantee that construction projects adhere to high standards of quality and safety, benefiting homebuyers and bolstering the overall credibility of the real estate sector.…

April Car Sales Growth Moderates on High Base

April Car Sales Growth Moderates on High Base

BySMEConnect-DeskMay 16, 20242 min read

Car sales in the local market rose 1.3% to 335,629 units last month. Automakers attributed the tepid pace of growth to tapering off of the post-pandemic pent-up demand that sustained…

Export Books Start to Show Signs of Revival

Export Books Start to Show Signs of Revival

BySMEConnect-DeskMay 16, 20241 min read

Demand for leather goods, footwear, apparel up 10-20% since Dec; FY25 exports seen up at $500 bn. Improved demand in the European Union, West Asia and the US has boosted…