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Non-cargo ships exempted from Export Declaration Form requirement under FEMA while the advance remittance limit for import of ships raised to $50 million from the earlier $5 million.

The Reserve Bank on Wednesday issued draft guidelines for novation of OTC derivative contracts with a view to rationalising the related regulatory requirements.

The project will focus on round-the-clock renewable energy solutions, primarily supporting the Electric Vehicle truck charging ecosystem of Blue Energy Motors and Greenline.

RBI cuts repo rate by 50 bps and CRR by 100 bps in June 2025 policy meet. Analysts see this as a significant growth push for MSMEs, with liquidity infusion and bond market impact.

The scheme will offer long-term, low-interest funding and equity support to boost private R&D in fast-growing tech sectors.

The ‘SaMBIT- SoftwareOne India’ is a curated set of Microsoft solution bundles designed to help India’s small and medium businesses (SMBs) boost productivity, enhance security and adopt AI with confidence, according to a statement.

Swati Bhargava, Co-Founder of CashKaro and a renowned voice in India’s entrepreneurial ecosystem, has made a strategic investment in MobiYoung Group, the parent company of DGTOOHL – a next-generation OOH AdTech and media aggregation platform.

Department for Promotion of Industry and Internal Trade (DPIIT) held a high-level meeting to review key issues affecting mega infrastructure projects in the states of Jharkhand, Sikkim, Nagaland, Assam, and Arunachal Pradesh on 24 June 2025.

The electronics manufacturing cluster (EMC 2.0) in Uttar Pradesh’s Sector-10 is expected to attract ₹2,500 crore in investments and create around 15,000 jobs

A key highlight is its provision of 100 per cent top-up incentives for projects approved by the Ministry of Electronics and Information Technology (MeitY), offering dual benefits from both the Centre and the state.