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Credit guarantee scheme for MFI 2.0 gets extension
Posted in Economy

Credit guarantee scheme for MFI 2.0 gets extension

New Delhi: The Centre has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) up to August or until guarantees for an amount of ₹20,000…

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Posted in Economy

No overcapacity in steel, textiles; India’s consumption remains low: DGTR

New Delhi: India does not have surplus capacity in textiles and steel sectors, as the country’s per capita consumption of these products remains among the…

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India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrels

Abu Dhabi: As India seeks to secure energy supplies amid continuing geopolitical uncertainty in West Asia, New Delhi and Abu Dhabi have begun operationalising plans…

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Posted in Economy

RBI proposes unified framework for banks’ risk, compliance and audit functions

Kolkata: The Reserve Bank of India on Wednesday issued a draft consolidated framework for its supervisory instructions related control and assurance functions of banks and…

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Agriculture Ministry’s FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 level

New Delhi: The Narendra Modi-government has increased the annual budget for the agriculture ministry by five-fold in the last 12-years to Rs 1.4 lakh crore…

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Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMin
Posted in Economy

Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMin

The number of guarantees issued under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed 1 lakh, with the total amount reaching Rs 48,484…

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RBI permits banks to lend only to SEBI-Registered REITs & InvITs; 80% cash-generating assets mandatory

New Delhi: The Reserve Bank of India has mandated that all loans to REITs and InvITs must be fully secured and repaid in line with…

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Cabinet approves ₹2169 cr Ahmedabad Airport Metro Corridor, ₹1200 cr govt office in Amaravati - The Economic Times Video
Posted in Economy

Cabinet approves ₹2169 cr Ahmedabad Airport Metro Corridor, ₹1200 cr govt office in Amaravati – The Economic Times Video

The Union Cabinet has announced three major infrastructure projects. A ₹2,169-crore Ahmedabad Metro Phase 2A corridor connecting the city to the airport and a ₹1,200-crore…

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Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till December

The Centre on Wednesday decided to extend anti-dumping duty on aluminium foil imported from China, Malaysia, Thailand, and Indonesia till December 15, 2026. Several companies,…

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Karnataka concludes Elevate Nxt 2026, selects 256 deeptech startups
Posted in Startups

Karnataka concludes Elevate Nxt 2026, selects 256 deeptech startups

Karnataka’s IT/BT department on Wednesday concluded Elevate Nxt 2026, its flagship deeptech startup support programme, with 256 firms selected from 983 applicants. The department said…

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