Category: Policies & Schemes

India’s exports grow by 6% as both merchandise and services exports overcome global headwinds, global competition and rising protectionism: Economic Survey 2024-25

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India’s share in global services exports doubles from 1.9% in 2005 to 4.3% in 2023. Gross FDI increases from USD 47.2 billion to USD 55.6 billion in the first eight months of FY25 over the same period of FY24. India’s foreign exchange reserves stood at USD 640.3 billion at the end of December 2024. India’s […]

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As Gujarat announces new textile policy today, here’s a look at why Maharashtra’s Navapur is being preferred by Surat factory owners

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Sources said that presently, as many as 130 textile factories owned by Surat textile players are situated on Navapur, MIDC (Maharashtra Industrial Development Corporation) premises. With the Gujarat Government set to announce the new textile policy, industry players in the city are hoping that their demand for capital and power subsidy will be met to […]

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IRDAI Enforces 3-Hour Time Frame for Processing Cashless Insurance Claims

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The Insurance Regulatory and Development Authority of India (IRDAI) has issued a directive requiring insurers to expedite the approval of cashless claims, setting a strict three-hour deadline. This regulation is part of IRDAI’s broader effort to improve the health insurance system in India, emphasizing customer satisfaction and transparency. The circular also encourages insurers to broaden […]

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