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Corporate Debtor Cannot Be Prosecuted After Successful IBC Resolution for Offences Committed Prior To Commencement Of CIRP: Delhi HC

Corporate Debtor Cannot Be Prosecuted After Successful IBC Resolution for Offences Committed Prior To Commencement Of CIRP: Delhi HC

The Delhi High Court has ruled that a Corporate Debtor that has undergone a successful resolution process under…

Learnings from G20 Infrastructure Working Group (IWG)’ in New Delhi

Learnings from G20 Infrastructure Working Group (IWG)’ in New Delhi

Union Minister of Housing and Urban Affairs Shri Hardeep Singh Puri addresses the National Workshop on ‘Leveraging private…

Piyush Goyal lauds GeM crossing Gross Merchandise Value of ₹2 lakh crore in 2022–23

Piyush Goyal lauds GeM crossing Gross Merchandise Value of ₹2 lakh crore in 2022–23

GeM is a digital tool in the national interest: Union Commerce and Industry Minister Commerce and Industry Minister…

Indian steelmakers urge Government for minimum import price amid global slump:

Indian steelmakers urge Government for minimum import price amid global slump:

Indian steelmakers are requesting a minimum import price from the Government as current safeguard duties prove insufficient amidst…

Union Minister Dr. Jitendra Singh says, civil servants’ capacity building to involve latest Geospatial technology

Union Minister Dr. Jitendra Singh says, civil servants’ capacity building to involve latest Geospatial technology

Dr. Singh visits NIGST (National Institute of Geo-Informatics Science & Technology) in Hyderabad, interacts with the faculty and…

Indian delegation visits Hawaii to discuss progress of TMT

Indian delegation visits Hawaii to discuss progress of TMT

An Indian delegation led by Secretary Department of Science and Technology (DST) Professor Abhay Karandikar visited Mauna Kea,…

Recent Posts

Minimize Education Loan Costs: Pay Interest During Moratorium

Minimize Education Loan Costs: Pay Interest During Moratorium

BySMEConnect-DeskJun 4, 20241 min read

Students should limit their education loans to essential expenses. Banks provide a moratorium on education loan repayments, typically lasting up to a year post-graduation or six months after employment, whichever comes first. During the moratorium, interest accrues, so servicing the interest can reduce overall costs. Paying extra towards the principal also lowers the total interest. […]

RBI’s Rate Cut Postponement Expected; Third Quarter Adjustment Likely

RBI’s Rate Cut Postponement Expected; Third Quarter Adjustment Likely

BySMEConnect-DeskJun 4, 20243 min read

Note Paraphrased: In the forthcoming MPC session, the RBI is projected to maintain the current key lending rates, marking the eighth successive instance, as the economy grapples with food inflation and…

Cautious FPIs and Confident Retail Investors Gear Up for Market Clash Next Week

Cautious FPIs and Confident Retail Investors Gear Up for Market Clash Next Week

BySMEConnect-DeskJun 4, 20243 min read

The market is on the edge of a tense standoff between optimistic and pessimistic forces next week as election excitement reaches a critical point. Foreign portfolio investors (FPIs) have taken…

Growth in Banks’ Non-Food Credit Slows Down to 19% in April; Sharp Decline in NBFC Loan Growth to About 15%

Growth in Banks’ Non-Food Credit Slows Down to 19% in April; Sharp Decline in NBFC Loan Growth to About 15%

BySMEConnect-DeskJun 4, 20242 min read

In April, the year-on-year growth of banks’ non-food credit slowed to 19.1%, reaching Rs 164.76 trillion, a slight decrease from the 20.2% growth observed the previous month, according to the…

Vedanta Targets $6 Billion EBITDA in FY25, Affirms Profit Goal Expectations

Vedanta Targets $6 Billion EBITDA in FY25, Affirms Profit Goal Expectations

BySMEConnect-DeskJun 4, 20243 min read

Vedanta Group, a mining giant, is setting its sights on achieving $6 billion in earnings before tax for the upcoming fiscal year, with plans to increase this figure to between…