India Gate rice is exempt from paying the 5% GST rate on branded rice because KRBL Ltd did not get the brand name registered under Trade Marks Act 1999 Source:…

At the Mint Fintech Summit on 23 June, leaders from the sector discussed the current status and future scope of financial technology in an increasingly connected world Source: Livemint.com (http://www.livemint.com/rss/industry)

Increase in Wi-Fi infrastructure will cause a shift in data traffic to fixed lines, as mobile internet speeds are still not up to scratch in India despite sharp drop in…

RBI deputy governor Viral Acharya says the central database of bank loans will instil a better credit culture in the country Source: Livemint.com (http://www.livemint.com/rss/industry)

Indian Oil, HPCL and BPCL say they will study its impact of daily change of petrol and diesel before deciding on compensation for dealers who are claiming losses Source: Livemint.com…

Improved organised trade with rapid formalisation of the sector and better financing environment with enhanced access to gold metal loans are also likely to aid credit profile, according to Icra…

Banks are worried that other large bad loan accounts may follow Essar Steel and challenge bankruptcy proceedings against them in court Source: Livemint.com (http://www.livemint.com/rss/industry)

Total digital transactions rose 2.36% to Rs113.73 trillion, from Rs111.11 trillion in May, according to RBI Source: Livemint.com (http://www.livemint.com/rss/industry)

Essar Steel has moved Gujarat high court against bankruptcy proceedings initiated against it by banks, including Standard Chartered Source: Livemint.com (http://www.livemint.com/rss/industry)

Govt wants new MRP stickers on pre-GST stock of products to prevent profiteering, but logistically that would a challenge for consumer goods firms Source: Livemint.com (http://www.livemint.com/rss/industry)