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Govt's PLI Scheme Fuels Domestic Manufacturing Of Penicillin G, Clavulanic Acid

New Delhi, April 2 -- India's efforts to reduce its dependence on China for crucial drugs have received a significant boost, with two domestic drug makers poised to commence production of the key anti... Read More


SAIL Collaborates With Bengaluru-based Startup To Reduce Carbon Emissions in Steel Production

Bengaluru, April 2 -- Steel Authority of India Limited (SAIL), a state-owned steel giant, has embarked on a groundbreaking collaboration with Bengaluru-based startup Sentra.World. This partnership a... Read More


Collateral-Free MSME Loans Guaranteed By CGTMSE Double To Record Rs 2 Lakh Crore In FY24

New Delhi, April 2 -- The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), a government scheme providing collateral-free loan guarantees to eligible MSMEs, has witnessed a remarka... Read More


No Curbs On EV Imports From Any Nation, Even China: DPIIT Secretary

New Delhi, April 2 -- India's new electric vehicle (EV) policy does not impose any restrictions on importing electric vehicles from any country, including China, according to a senior government offic... Read More


India's Sugar Output Soars High To 32 Million Tonnes In 2023-24

New Delhi, April 2 -- The All India Sugar Traders Association (AISTA) has raised its sugar production estimate for the 2023-24 season (October-September) by 0.4 million tonnes to 32 million tonnes. ... Read More


Microfinance Loan Portfolio Surges 21% to Rs 3.93 Lakh Cr In Dec 2023

New Delhi, April 2 -- The Indian microfinance industry witnessed robust growth, with the total loan portfolio expanding by 21 per cent year-on-year to reach Rs 3.93 lakh crore as of December 2023, acc... Read More


ICEA Engages Fund Houses To Establish Specialised Stock Exchange For Tech Firms In India

New Delhi, April 2 -- The Indian electronics industry is taking steps to establish a specialised stock exchange modelled after China's Shanghai Stock Exchange STAR Market. The goal is to provide hig... Read More


IREDA Reports Record Annual Loan Sanctions & Disbursements In FY 2023-24

New Delhi, April 2 -- The Indian Renewable Energy Development Agency (IREDA), the country's premier green finance institution, recorded its highest ever annual loan sanctions and disbursements in the ... Read More


Govt Raises Rs 16,507 Cr From CPSE Stake Sales, Half Of Target In FY24

New Delhi, April 2 -- The Indian government has garnered Rs 16,507 crore through the sale of minority stakes in central public sector enterprises (CPSEs) during the fiscal year 2023-24, falling short ... Read More


Import Restrictions On Solar Panels Irk Indian Project Developers

New Delhi, April 2 -- In a move to bolster the domestic solar manufacturing industry, the Indian government has reinstated restrictions on the import of solar modules starting April 1, 2024. This ma... Read More