The Union Cabinet approved the PAN 2.0 Project on Monday to make PAN the “single source of truth and data consistency”. With PAN already linked to Aadhaar, it is expected to become a strong source of identification and information for authorities. The 10-digit alphanumeric Permanent Account Number (PAN) issued by the Income Tax Department is […]
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Padma Vibhushan Dr. R. A. Mashelkar – Former Director General, Council of Scientific & Industrial Research (CSIR) inaugurating the INDIA MANUFACTURERS & SME SUMMIT on 22nd November 2024 at Pune organised by SME Chamber of India and Maharashtra Industry Development Association (MIDA). Others (L to R) Shri. Prabhakar Salunke – Founder & Chairman, Sumeet Group […]
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Finance Minister Nirmala Sitharaman has raised the lending target for public sector banks to micro, small, and medium enterprises (MSMEs) by nearly 35% for the current financial year, setting a new goal of Rs 5.7 lakh crore. She emphasized that no small business should be denied access to funding and called on public sector banks […]
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The European Union is moving to phase out golden visa programs, but Hungary is bucking the trend by reinstating its own version, potentially boosting its travel and investment sectors. Golden visas have provided affluent individuals an alternative route to live and work abroad, bypassing the more complex and time-intensive processes typically required for residency. These […]
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Bank of Baroda (BoB) plans to open 600 new branches over the next two to three years as part of its goal to double its business (deposits and advances) to ₹48 lakh crore within five years. This expansion aligns with BoB’s strategy to emphasize loans to the retail, agriculture, and MSME (RAM) sectors, further strengthening […]
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“Shri M. Nagaraju, Secretary of Department of Financial Services, Leads Review Meeting with Public Sector Banks”On November 5, 2024, Shri M. Nagaraju, Secretary of the Department of Financial Services (DFS), chaired a review meeting with the Managing Directors and CEOs of Public Sector Banks (PSBs) to assess their performance across critical areas, including financial stability, […]
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Trades sources said that India’s dominance in global rice trade is expected to be restored with a spike in shipment especially to Africa and south-east Asian countries. India’s exports of agricultural and processed food products declined marginally (1%) to $ 12.13 billion in the first half of FY25, owing to sharp fall of 17% in […]
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Mumbai, India – Get ready to dive deep into the future of packaging at PACK.Nxt! Join us for our 2nd edition, where we’ll bring together 400+ delegates and 60+ industry leaders to explore the latest trends in Packaging. The upcoming summit will take place on December 17th, 2024 at The Lalit, Mumbai. PACK.Nxt 2024 centres […]
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Mr. Goyal said that the district master plan will be expanded to cover more than 750 districts across the country in the next 18 months. Commerce and Industry Minister, Mr. Piyush Goyal on Tuesday launched a district master plan under the PM Gati Shakti initiative for infrastructure planning in 27 aspirational districts of the country. […]
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China is now India’s top import source with USD 56.29 billion in shipments from April to September this fiscal. The US is the leading export destination, with goods worth USD 40.38 billion. Imports from Russia, the UAE, and other countries also increased. The US remains India’s largest trading partner, followed by China. China has emerged […]
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