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Government's Credit Assessment Model to boost digital lending for MSMEs

New Delhi, Dec. 2 -- The government has recently launched the Credit Assessment Model (CAM) to make it easier and faster for Micro, Small and Medium Enterprises (MSMEs) to get loans. "The model lever... Read More


RBI likely to keep repo rate unchanged at 5.50% in December policy: Bank of Baroda Report

Mumbai, Dec. 2 -- The Reserve Bank of India (RBI) is expected to maintain the repo rate at 5.50 per cent in its upcoming monetary policy announcement on Friday, according to a report by Bank of Baroda... Read More


Currency Buzz: Rupee slumps to fresh record low; Seen at risk of slipping past Rs 90/$ mark

Mumbai, Dec. 2 -- The Indian rupee extended slide to hit a fresh record low during intraday moves today. INR opened at Rs 89.70 per dollar and fell further to hit a low of 89.96 so far during the day.... Read More


Viji Finance Ltd leads losers in 'B' group

Mumbai, Dec. 2 -- Creative Eye Ltd, California Software Company Ltd Partly Paidup, Sri Havisha Hospitality & Infrastructure Ltd and N K Industries Ltd are among the other losers in the BSE's 'B' group... Read More


Israel's IAI ready to meet India's 30% 'Made in India' requirement for refuellers

India, Dec. 2 -- By Vishu Adhana Tel Aviv [Israel], December 2 (ANI): Israel's leading defence manufacturer, Israel Aerospace Industries (IAI), which is the only firm left in the Rs. 8,000-crore cont... Read More


IPO funds deployment: Only 26% of proceeds used for capex, majority allotted for debt repayment: BoB study

New Delhi, Dec. 2 -- Only around 25% of the equity raised through initial public offerings (IPOs) is allocated for capital expenditure, while the majority of funds are utilized to repay debt, invest i... Read More


Registration of Delhi Traders Welfare Board completed: Manjinder Singh Sirsa

New Delhi, Dec. 2 -- Delhi Industries Minister Sardar Manjinder Singh Sirsa announced that the registration of the Delhi Traders Welfare Board has been successfully completed after completing all stat... Read More


Resident doctors issue fresh ultimatum, demand MoU implementation

Nigeria, Dec. 2 -- Although the Nigerian Association of Resident Doctors (NARD) has suspended its one-month-old nationwide strike, it warned that the action will resume if the federal government fails... Read More


Gail's problems become more pronounced with adverse tariff order

New Delhi, Dec. 2 -- A tariff setback and stubborn LNG prices have once again rattled Gail India investors. Gail (India) Ltd's shares slipped 5% after the Petroleum and Natural Gas Regulatory Board (... Read More


Sumatra floods: Govt readies additional funds for rescue operations

Jakarta, Dec. 2 -- The Indonesian government is ready to allocate additional funds to the National Disaster Mitigation Agency (BNPB) to support relief operations in northern Sumatra, which has been hi... Read More