Nearly ₹29K crores sanctioned to SC/ST, women entrepreneurs since April 2022

Women entrepreneurs were given 86,738 loans worth ₹20,521.41 crores. Union Finance Minister, Nirmala Sitharaman on Tuesday said the Government sanctioned ₹28,996.15 crores under 126,508 loan accounts to SC/ST and women entrepreneurs over the last three fiscal years. The Finance Minister, in reply to a Rajya Sabha question, said the objective of the Stand-Up India Scheme was to […]

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How Entrepreneurs are Reimagining India’s Economy

The measure of the success of a business entrepreneur is how wealthy and how quickly he or she becomes, says Arun Maira, Author of Reimaging the Indian Economy. According to Webster’s Dictionary, an entrepreneur “is a person who        organizes and manages any enterprise, especially a business enterprise, usually at considerable risk and initiative”. As a […]

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An Exclusive Interivew with Bhavesh Jain, MD & CEO, TransUnion CIBIL on Finance for MSME Sector

What trends are you seeing in MSME credit growth and asset quality this year? Insights from the latest TransUnion CIBIL – SIDBI MSME Pulse Report highlight a very encouraging outlook for the MSME sector, both in terms of credit growth and asset quality. The data shows that MSMEs continue to demonstrate resilience and growing financial […]

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Canada raises proof of funds requirement for foreigners applying for permanent residency

Canada has updated the amount of funds required for foreign nationals to apply for permanent residence in the country. Foreigners wishing to apply for permanent residence in Canada will now have to show a higher amount of funds as proof to be eligible for the Express Entry Programs. For Immigration, Refugees and Citizenship Canada has […]

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Fin. Min. asks PSBs to evaluate Board performance

The Finance Ministry has directed public sector banks (PSBs) to undertake a third-party evaluation of their Boards’ performance, in the wake of instances of misgovernance at the helm of a few lenders that also raise questions about the scrutiny exercised by their Boards, a senior Government official told Business Standard. “Since a couple of governance issues […]

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India stands to lose $5 billion of exports to Vietnam in no US trade deal scenario

The total US trade in these 161 items is valued at $22 billion, Vietnam could realistically pose a competitive threat in just $5.4 billion worth of trade. India risks losing up to $5 billion in exports to Vietnam if it fails to strike a trade deal at a lower tariff with the United States, according […]

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Executive Directors can be included in CIBIL list if the Company defaults loans: Madras High Court

Justice, N. Anand Venkatesh refuses to interfere with the inclusion of Zylog Systems Director, Srikanth Parthasarathy in the willful defaulters list. The Madras High Court has refused to interfere with the inclusion of a former Director of Zylog Systems Limited in the list of loan defaulters maintained by Credit Information Bureau of India Limited (CIBIL) […]

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INTERACTIVE MEETING WITH Chairman of “Economic Advisory Council to the Prime Minister”

Mr. Chandrakant Salunkhe – Founder & President, SME Chamber of India and Federation of Indian SME Associations has paid courtesy visit to felicitate Prof. S. Mahendra Dev on his appointment as the Chairman of “Economic Advisory Council to the Prime Minister” on 3rd July 2025 at New Delhi.

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Anil Ambani Responds to SBI’s Fraud Tag on Reliance Communications’ Loan Account, Calls for Withdrawal

Anil Ambani’s legal team also raised concerns over due process, alleging that SBI failed to provide him with a personal hearing and did not furnish relevant documents. Agarwal Law Associates, the Legal Counsel for Anil Ambani, has responded to State Bank of India’s move to classify the Reliance Communications loan account as “fraud,” stating that […]

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Cabinet Approves Employment Linked Incentive (ELI) Scheme

Scheme to Enhance Job Creation, Employability and Social Security in all Sectors. Focus on Manufacturing Sector and Incentives for First Timers. First Timers to get one month’s wage up to Rs 15,000/- in two installments. Scheme to Support Employment Generation of more than 3.5 Crore Jobs in two Years with an Outlay of Rs. one […]

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