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ECLGS 5.0 crosses one lakh guarantees; Centre extends microfinance credit guarantee scheme

New Delhi, June 10 -- The government-backed Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 programme has crossed a major milestone within weeks of its launch, with more than one lakh guarantees is... Read More


Centre plans fresh Jan Dhan-MUDRA saturation drive in Bengal, eyes wider credit access

New Delhi, June 9 -- The Centre will launch a fresh saturation drive in West Bengal to expand coverage of flagship financial inclusion and social security schemes, while also stepping up efforts to im... Read More


Mint Explainer | Why the Centre is betting Rs.33,660 crore on 100 industrial parks

New Delhi, June 9 -- The Centre on Monday launched a Rs.33,660-crore programme to develop 100 investment-ready industrial parks across India. The Bharat Audyogik Vikas Yojana (Bhavya) scheme seeks to ... Read More


Indian officials to visit Russia for talks on EAEU free trade deal

New Delhi, June 7 -- An Indian delegation is expected to visit Russia towards the end of the month for talks on the proposed India-Eurasian Economic Union (EAEU) free trade agreement (FTA), according ... Read More


India targets near fourfold jump in fisheries exports to $30 billion in 5 years

Visakhapatnam, June 5 -- Commerce and industry minister Piyush Goyal on Friday set an ambitious target of taking India's fisheries exports to more than $30 billion over the next five years, from $8.45... Read More


India, US may be in position to execute first tranche of BTA by mid-July: Piyush Goyal

Visakhapatnam, June 5 -- India and the US are moving quickly to resolve the remaining issues in negotiations for a bilateral trade agreement (BTA) and could be in a position to execute the first tranc... Read More


Govt may protect bank deposits up to Rs.7.5 lakh

New Delhi, June 5 -- Deposits of up to Rs.7.5 lakh in bank accounts may soon be protected against bank failures, up from the current cover of Rs.5 lakh, according to three people aware of the matter. ... Read More


Nine FTAs to kick in within 10 months

New Delhi, June 5 -- India expects all the nine free trade agreements (FTA) which were signed over the past three years to become operational within the next 9-10 months, commerce minister Piyush Goya... Read More


India, US reaffirm commitment to trade deal as talks advance

New Delhi, June 4 -- India and the US reaffirmed their commitment to concluding an agreement aimed at strengthening bilateral trade and economic ties, following four days of negotiations in New Delhi ... Read More


State-owned banks asked to build buffers as stress rises in retail, MSME loans

New Delhi, June 4 -- The finance ministry has asked public sector banks (PSBs) to build additional provisioning buffers against emerging stress in retail, MSME and agriculture loans, as rising early-w... Read More