NEW DELHI: The credit guarantee scheme for MSMEs, announced in July, will take form in the upcoming Budget, with a focus on facilitating capital investments by the manufacturing sector units. The scheme will be largely modelled on the successful Emergency Credit Line Guarantee Scheme (ECLGS) for small businesses that...
NEW DELHI: India’s insurance market is projected to be the G20’s fastest-growing economy over the next five years, with total premium volumes — life and non-life — up 7.3 per cent in real terms on average each year aided by macroeconomic stability and the conducive regulatory environment, a report...
KOLKATA: The Prime Minister’s Office (PMO) has asked the Department of Telecommunications (DoT) to strictly enforce mandatory biometric Aadhaar verification before sale of mobile connections across India as part of the government’s efforts to combat cybercrime and digital fraud, and rein in abuse of national telecom resources. As per...
By Dr. Gyan Pathak The way AAP, BJP and the Congress have been trying to woo the electorates living in Delhi’s slums, unauthorized colonies, and less developed areas, it is increasingly becoming clear that the key to winning the legislative elections lies with them. Over 50 per cent of...
By Satyaki Chakraborty Is Europe finally giving a rebuff to the far right offensive to its democratic functioning by the Donald Trump-Elon Musk combination? The issue is now being discussed widely in European political circles after the resounding victory of the Social Democratic Party (SDP) candidate Zoran Milanovic in...
By Sushil Kutty A video of the castaway BJP spokesperson Nupur Sharma taking part in a ‘Jan Jagran Yatra’ ahead of the Ayodhya Ram Mandir ‘pran pratishta’ claiming that this was Nupur Sharma campaigning for the upcoming Delhi assembly elections was fact-checked and found wrong. Unlike ‘Meta’, Facebook’s parent-body,...
By Rabindra Nath Sinha KOLKATA: It is time to say with a degree of confidence that an investment drought that has afflicted West Bengal all these years has started disappearing and the first signs of a sustainable improvement have become visible. The situation had turned worse after the Tatas...
By Dr Abhay Shukla In December 2024, another shocking case of violation of patients’ rights and huge financial demand by a private hospital sparked public outrage and media attention. During this incident in Pune, the family of 35-year-old Tejaswini, who passed away on December 9, 2024, was forced to...
NEW DELHI: Retail inflation, based on the consumer price index (CPI), fell slightly to a four-month low of 5.22 per cent in December from 5.48 per cent in November, driven by easing food inflation. However, experts say with the sharp depreciation of rupee and retail inflation remaining above 5...
MUMBAI: Benefitting from improving earnings before interest, taxes, depreciation, and amortization (Ebitda), Indian-rated corporates are likely to see their net leverage ratio decline to 2.7x in the next financial year 2025-26 (FY26) from 3.1x in the year ending March 2025 (FY25). The net leverage may fall further below 2.5x...
NEW DELHI: The financial bids for the strategic sale of IDBI Bank will likely be received by March but the conclusion of the transaction may extend to the next financial year, sources said. In December, the Reserve Bank of India (RBI) issued the ‘fit and proper’ certificate to the...
NEW DELHI: Retail food inflation eased for the second consecutive month at 8.34% in December compared to 10.87% in October as prices of vegetables declined over the last few weeks with winter harvest arriving in the market. The consumer food price index (CFPI) declined by 1.47% in December compared...
NEW DELHI: The budget is likely to unveil several measures to support demand and prop up growth, recognising that the slowing economy needs help. The measures being considered include tax relief for the middle class, tariff measures to shield the industry from the adverse external environment, and initiatives to...
NEW DELHI: India ranked third globally in terms of funding received in the fintech segment despite a decline of 33 per cent on a year-over-year basis to USD 1.9 billion in 2024, market intelligence firm Tracxn said in a report on Monday. The sector witnessed a decline in funding,...
SONAMARG: Union Minister Nitin Gadkari on Monday said infrastructure development is imperative to achieve the goal of Viksit Bahrat, as the economy depends on good transport and communication facilities. “The Prime Minister has given us a mission of developed and prosperous India. If we have to achieve a Viksit...
NEW DELHI: Growing complexity in the cyber landscape is further exacerbating cyber inequity, deepening the divide between developed and emerging economies, and widening the gap between large and small organisations, the World Economic Forum said on Monday. In its Global Cybersecurity Outlook 2025, the WEF said nearly 54 per...
MUMBAI: The rupee logged its steepest single-day fall in nearly two years and ended the session 58 paise down at its historic low of 86.62 (provisional) against the US dollar on Monday, weighed down by a stronger American currency and surging crude oil prices. At the interbank foreign exchange,...
NEW DELHI: Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to a report by Germinate Investor Services Research. This was higher than 212 NFOs collecting Rs 63,854...