Stocks that were in focus include names like RBL Bank, which rose 7.21%, Piramal Enterprises, which gained 7.67%, and L&T, whose shares rose 3.56% on Wednesday.
The government is planning to introduce alternate financing models, including export factoring services and trade credit insurance, to support MSME exporters. This initiative aims to
India’s average Customs tariff has reduced to 10.66% from 11.65%, aligning with ASEAN countries. This rationalisation aims to improve trade perceptions and support domestic manufacturing.
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