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CBIC scales up activities under Special Campaign 3.0 in third week
365 kg narcotic substances worth Rs. 1,000 crore and 1.35 crore cigarette sticks worth Rs. 13 crore disposed…
SME BUSINESS FORUM MEETING
Mr. Nikash Kumar Deka – Head of SME & Insurance Inclusion – Universal Sompo General Insurance addressing the…
India’s manufacturing incentives progress amid efforts to cut China imports
Incentives have resulted in production worth about Rs 11 trillion ($131.6 billion) and nearly one million jobs over…
Udyam MSME registrations cross 20L; Guj 5th in country
Gujarat crossed the 20 lakhs Udyam MSME registration mark on Friday, making it the fifth in the country…
Government’s Borrowing plan for first half of FY 2024-25
The Government of India, in consultation with the Reserve Bank of India, has finalized its borrowing programme for…
Handholding support for the National Startup Awards 2022 winners and finalists launched
Support being provided in curated tracks like Investor Pitching, Government Connects, Corporate & Unicorn Engagements, Brand Showcase and…
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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 a sweeping program aimed at reviving confidence in the world’s second-largest economy, according to a report by Bloomberg. The People’s Bank of China cut the rate of the medium-term lending facility to 2% from 2.3%, according to […]
Credit card delinquencies rise even as retail credit growth moderates
Balance-level delinquencies in credit card segment stood at 1.8% in Q1FY25 – highest among all other credit divisions. Balance-level delinquencies in the credit card segment saw a 17 basis points…
Digital lenders’ loan disbursals rise 27% in first quarter: Report
The report, which tracks digital loans for the June quarter, highlights disbursement trends from 33 FACE members. Loans disbursed by digital lenders have risen by 27% to Rs 37,676 crores,…
Bridging India’s manufacturing gap
It may be recalled India’s Ease of Doing Business ranking had improved from 143 in 63 in 2014 to 2020. INDIA IS THE world’s fifth largest manufacturing power house producing…
Banks to push for change in IBC rules amid fears of promoters gaming the system
Banks are urging changes to insolvency regulations to prevent promoters from manipulating their companies’ size to qualify as MSMEs and retain control during bankruptcy proceedings. This move aims to address…
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