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Reserve Bank of India (RBI) announces liberalised norms to encourage use of Indian Rupee and local currencies for cross-border transactions, aiming to boost trade and reduce reliance on US dollar.

The CBIC has clarified that automobile dealers can claim input tax credit (ITC) on demo cars used for promoting sales, but not if used for personal purposes. Learn more about the latest GST rule.

AU Small Finance Bank reports a 13% decline in Q4 profit to Rs 371 crore due to increased provisions and a one-time expense for the Fincare acquisition. Net profit excluding exceptional items rose 1%.

India's Department for Promotion of Industry and Internal Trade (DPIIT) will exclude 70 tyre sizes from exemption list of quality control norms, effective March 2025. The move aims to curb imports...