Category: Economy
Cabinet approves Rs 10,000-crore SME Growth Fund and new authority to plan transport and logistics
New Delhi: The union cabinet on Tuesday approved a ₹10,000-crore SME Growth Fund (SGF) to provide long-term equity capital to small and medium enterprises, and…
Need to have multiple routes under IMEC: French Special envoy
There need to be multiple routes under the India-Middle East-Europe Economic Corridor (IMEC) according to Gérard Mestrallet, Special Envoy of the French President for the…
Govt looks to widen coverage of Index of Services Production, invites feedback
The government is looking to widen the coverage of its monthly Index of Services Production (ISP) to capture a larger share of India’s services economy,…
Explainer: Why have India-US trade talks stalled again and what’s next?
NEW DELHI: Senior officials in India and the United States have indicated long-running efforts to finalise a bilateral trade agreement have stalled, again. Both nations…
Proposal to scrap GST officers’ arrest powers based on ‘trust’; states likely to back move: Sources
New Delhi: The proposal before the GST Council to do away with the arrest powers of GST officers is based on the principle of ‘trust…
Centre plans faceless CGST scheme in 3-4 months, seeks to cut taxpayer-officer interface
New Delhi: The Centre plans to launch a faceless scheme under the Central Goods and Services Tax (CGST) on a pilot basis within the next…
RDI fund: Call for proposals to reopen after review, to boost Viksit Bharat 2047, says TDB Secretary
NEW DELHI: The Research, Development, and Innovation (RDI) Fund, a Rs 1 lakh crore program to support domestic companies, will eventually facilitate the Viksit Bharat…
S&P sees 12-14% credit growth in India despite rural stress risks
Kolkata: S&P has projected a 12-14% financial sector credit growth even as concerns over a likely subdued rural credit growth remain if the irregular monsoon…
Cabinet approves new authority to enhance R&D across transportation and logistics
The Union Cabinet on Tuesday approved creation of an Integrated Transport & Logistics Authority (ITLA) to establish synergy in transport planning across the country. The…
Cabinet approves Rs 10,000 crore SME Growth Fund for small and medium enterprises
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a SME Growth Fund with an outlay of Rs 10,000 crore to support micro, small…