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MSME industry bodies seek RBI support for easier priority sector lending
The official further said that the RBI only partially restored this classification to the extent of Rs. 20…
China reduces 1-year policy rate by record amount in stimulus drive
China’s Central Bank slashed the interest rate on its one-year policy loans by the most on record, beginning…
Amitabh Chaudhry launches charm offensive at Axis Bank and employees are buying it
Axis Bank, the country’s third-largest private lender, was hit with a Rs 1.9 crores (US$229,000) penalty from the…
Driving Innovation in Solar Panel Manufacturing
An Exclusive Interview with Khushboo Doshi, Managing Director of Rajoo Engineers Limited: In a bold and strategic move,…
Agricultural Products Export Development Authority (APEDA) celebrates its 37th Foundation Day at Nashik, Maharahstra
The Agricultural and Processed Food Products Export Development Authority (APEDA), which was established in 1986, works under the…
Government Efforts Boost Toy Manufacturing and Exports; Further Steps Needed: DPIIT Secretary
The Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), Rajesh Kumar Singh, highlighted that…
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Why India needs a homegrown AI model for its MSME sector
India’s MSME ecosystem has unique features that call for a customized approach. There is a growing consensus that India must develop its own basic AI model to address local challenges and opportunities. By Ateesh Singh: Adoption of digital tools and processes has created a significant impact on the MSME sector, transforming how businesses operate and thrive. This […]
FM, Sitharaman lauds fintechs for boosting digital infrastructure, empowering small businesses and welfare delivery
Finance Minister, Nirmala Sitharaman praised India’s fintech sector for enhancing digital public infrastructure and enabling inclusive financial services for merchants and MSMEs. During a visit to Pine Labs in Noida,…
India needs entrepreneurship 2.0 with risk-taking, visionary founders
India, in fact, was a major exporter to West Asia, where two large empires – the Safavid and the Ottoman – provided a lucrative marketing area. The entrepreneurship that India…
Unlocking New Customer Segments with Advanced Credit-Risk Decisions
Contributed by Shalinee Mimani, CRO of Godrej Capital While credit risk has been systematically identified, analysed, and managed throughout history, the focus on predicting customer behaviour, particularly that of NBFC…
Maharashtra rolls out new EV policy; targets 30% adoption by 2030
Among other things, the policy lays down that new residential buildings must provide EV charging facilities and also offers incentives such as toll waiver for these eco-friendly vehicles. The new…
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