Fin. Min. asks PSBs to evaluate Board performance

The Finance Ministry has directed public sector banks (PSBs) to undertake a third-party evaluation of their Boards’ performance, in the wake of instances of misgovernance at the helm of a few lenders that also raise questions about the scrutiny exercised by their Boards, a senior Government official told Business Standard. “Since a couple of governance issues […]

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Executive Directors can be included in CIBIL list if the Company defaults loans: Madras High Court

Justice, N. Anand Venkatesh refuses to interfere with the inclusion of Zylog Systems Director, Srikanth Parthasarathy in the willful defaulters list. The Madras High Court has refused to interfere with the inclusion of a former Director of Zylog Systems Limited in the list of loan defaulters maintained by Credit Information Bureau of India Limited (CIBIL) […]

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INTERACTIVE MEETING WITH Chairman of “Economic Advisory Council to the Prime Minister”

Mr. Chandrakant Salunkhe – Founder & President, SME Chamber of India and Federation of Indian SME Associations has paid courtesy visit to felicitate Prof. S. Mahendra Dev on his appointment as the Chairman of “Economic Advisory Council to the Prime Minister” on 3rd July 2025 at New Delhi.

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Anil Ambani Responds to SBI’s Fraud Tag on Reliance Communications’ Loan Account, Calls for Withdrawal

Anil Ambani’s legal team also raised concerns over due process, alleging that SBI failed to provide him with a personal hearing and did not furnish relevant documents. Agarwal Law Associates, the Legal Counsel for Anil Ambani, has responded to State Bank of India’s move to classify the Reliance Communications loan account as “fraud,” stating that […]

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Cabinet Approves Employment Linked Incentive (ELI) Scheme

Scheme to Enhance Job Creation, Employability and Social Security in all Sectors. Focus on Manufacturing Sector and Incentives for First Timers. First Timers to get one month’s wage up to Rs 15,000/- in two installments. Scheme to Support Employment Generation of more than 3.5 Crore Jobs in two Years with an Outlay of Rs. one […]

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Cabinet Approves Research Development and Innovation (RDI) Scheme to scale up Research

In a transformative step to bolster India’s research and innovation ecosystem, the Union Cabinet, chaired by Prime Minister, Shri Narendra Modi, has today approved the Research Development and Innovation (RDI) Scheme with a corpus of Rs. One lakh Crore. Recognizing the critical role that the private sector plays in driving innovation and commercializing research the RDI […]

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Why AI Is Struggling to Charm Its Toughest Customer- Indian MSMEs

India’s MSMEs face financial, skill and regulatory challenges in adopting AI. Affordable, customized and cloud-based solutions offer a hopeful path forward. India’s micro, small and medium enterprises are ready to adopt AI, but the road ahead is a mix of promise and challenges. The Government’s recent report on ‘Enhancing MSMEs Competitiveness in India’ sets the stage, pointing […]

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Vedanta Metal Bazaar Records Rs.40,000 crores in Total Sales on National MSME Day

The platform, now serving 60% MSMEs, simplifies non-ferrous metal procurement with real-time tracking, hedging tools, flexible ordering and embedded financing, recording a 240% user growth within six months of launch. Vedanta Limited, a major player in critical minerals, energy and technology, announced that its digital non-ferrous metals marketplace, Vedanta Metal Bazaar, has achieved a total […]

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India must increase labor productivity to become a developed nation, says Niti Aayog’s Suman Bery

The ‘Viksit Bharat’ vision entails becoming a high-income society that empowers citizens to realize their potential and aspirations, for which India’s demographic dividend is to be effectively leveraged, says Niti Aayog, Vice Chairman, Suman Bery. Increasing labor productivity is central to India’s aspiration of becoming a developed nation in about two decades, as it would […]

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