RBI is examining shareholding norms and licensing rules for banks, as part of a broader review, Governor, Sanjay Malhotra said. India’s central bank is examining shareholding norms and licensing rules for banks as part of a broader review, Governor Sanjay Malhotra told the Times of India in an interview, less than a month after Japanese […]
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Called the world’s largest entrepreneurial train journey, the Jagriti Yatra is a special train in India that is aimed to grow the community of entrepreneurs in India by immersing them in India of small towns and villages. This year, the yatra will start on November 7 and run till November 22. Once a year, a […]
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Of the 11.08 lakh Schengen visa applications filed from India, 1,65,266 were turned down, a rejection rate of nearly 15%. When Indian travelers dreamt of a European escape in 2024, over 1.65 lakhs of them were met with an expensive disappointment. According to data from the European Commission, Indian applicants lost Rs.136 crores in non-refundable visa fees […]
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Overall MSME commercial credit exposure increased to ₹ 35 lakh crore as of end-March 2025, against ₹ 31 lakh crore as of end-March 2024 Overall balance-level serious delinquencies fell to 1.8%, the lowest in five years Share of New-to-Credit MSMEs to total new loan originations was strong at 47% Mumbai, India, 22 May 2025: The […]
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The prospects of bumper rabi harvest and the outlook of an above normal monsoon would further strengthen rural consumption and is also likely to keep food inflation in check. Amid uncertainties in the global economy due to tariff wars and weak consumer sentiments, the Indian economy is exhibiting resilience with various high frequency indicators of […]
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The Reserve Bank of India (RBI) is considering easing investment norms for regulated entities (REs) in alternative investment funds (AIFs), following earlier restrictions aimed at financial discipline. A draft proposal suggests capping a single RE’s contribution to an AIF scheme at 10% of its corpus, with a 15% ceiling for all RE investments in a […]
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The United States Department of State issued a statement announcing plans to impose visa restrictions on the travel agents aiding “illegal immigration” into the US. In a major announcement, the US State Department on Monday said that it is initiating action to impose visa restrictions on owners and senior officials of Indian travel agencies for […]
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Cash transactions are now under strict scrutiny by the Income Tax Department. In recent times, the Department along with various investment platforms like banks, mutual fund houses, and brokerage platforms, has imposed stricter regulations on cash transactions for the general public. These institutions now have set limits on cash transactions and anyone exceeding these limits […]
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Vaishnaw said that while some of the big players have applied, there has been huge interest in the scheme from small and medium players. The Government has received 70 applications for Rs 23,000-crore electronics component manufacturing scheme and majority of applicants are small and medium enterprises, Union Minister, Ashwini Vaishnaw said. These applications have come […]
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Bridging the Gender Gap in the Digital World Introduction: World Telecommunication and Information Society Day (WTISD) is celebrated annually on May 17 to mark the founding of the International Telecommunication Union (ITU) and the signing of the first International Telegraph Convention in 1865. The day aims to raise awareness about the possibilities that the use of the Internet and other information and communication […]
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