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MCA grants five-year dematerialization breather for producer companies
Extended deadline replaces earlier 18-month compliance window. In a significant move, the Corporate Affairs Ministry (MCA) has granted…
SUMMARY OF THE INTERIM UNION BUDGET 2024-25
INDIA’S REAL GDP PROJECTED TO GROW AT 7.3 PER CENT IN FY 2023-24 FINANCE AND CORPORATE AFFAIRS MINISTER…
One District One Product-Districts as Export Hubs (ODOP-DEH) products in Taj Hotel’s in-house luxury store, Khazana given ODOP-DEH tags
Tagging intended to strengthen each district’s identity, while giving a greater visibility to these products Move to further…
Farmers will now have the opportunity to improve their crop qualitatively as well as quantitatively: Dr. Singh
Union Minister Dr. Jitendra Singh inaugurates first of its kind ‘National Speed Breeding Crop Facility, “DBT SPEEDY SEEDS”…
CSIR-Indian Institute of Petroleum, Dehradun, celebrates World Environment Day
The theme of the function was “Preventing Plastic Pollution”. CSIR-Indian Institute of Petroleum, Dehradun, celebrated World Environment Day…
India’s export reliance on US grows despite diversification push
The share of the US in India’s total exports continuously declined from a high of 21.7 per cent…
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New credit cover for MSMEs may be extended to select services
The Indian Government is exploring extending its Mutual Credit Guarantee Scheme for MSMEs to specific services sectors that support local manufacturing, aiming to bridge the higher credit gap faced by services. With the services sector facing a higher credit gap, the Centre is considering extending the credit guarantee cover under the newly launched Mutual Credit […]
Bank loan sanctions to MSMEs for job creation down nearly a third in FY 25
Bank loans sanctioned to MSMEs increased in FY 22 in the wake of the covid-19 pandemic and continued to increase till FY 24. The decline is significant since MSMEs contribute…
Govt. gearing up for 3rd electronics manufacturing cluster in U.P.
The UP Govt. has already announced electronics manufacturing clusters along Yamuna Expressway and at Greater Noida. After announcing electronics manufacturing clusters (EMC) along Yamuna Expressway and at Greater Noida, the…
Saarathi Finance raises ₹475 crores to boost MSME lending in rural India
TVS Capital, Lok Capital and others back newly licensed NBFC to expand credit access for underserved MSMEs in semi-urban and rural India, valuing firm at ₹900 crores. Saarathi Finance, a…
Ministry of Finance Year Ender 2024: Department of Financial Services
Department of Financial Services (DFS), Ministry of Finance organized a colloquium of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery Tribunals (DRTs). Various key initiatives…
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