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The team at iFactor is knowledgeable, responsive, and genuinely cares about our success. We are grateful for their partnership and will continue to work with them for all our financial needs..
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Featured News
Retail Inflation up to 4.4% on costlier food, transport
India's retail inflation reached 4.4% in June, surpassing the central bank's target. Higher food and transport costs drove this increase, marking the highest print under the new CPI series. Food inflation accelerated to 5.3%, crossing the five percent mark for the first time. Core inflation moderated to 3.9%, partly due to falling gold and silver prices. Economists anticipate the Reserve Bank of India will maintain its current policy rate.
India-UK CETA duty benefits to require CBIC digital authentication
India will implement digital authentication for UK exporter origin declarations starting July 15. This new process requires customs to issue a Unique Reference Number before duty benefits are granted. UK exporters must email declarations to designated Indian customs email addresses for verification. Indian customs will authenticate data shared by UK authorities for this purpose. This system aims to prevent fraudulent claims and ensure compliance with trade agreement rules.
