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Haryana To Establish 11 MSME Clusters With Rs 169 Cr Investment

Chandigarh, May 27 -- The Haryana government has announced plans to develop eleven Micro, Small, and Medium Enterprise (MSME) clusters across the state with an investment of Rs 169.6 crore, supplement... Read More


India's Microfinance Asset Quality Deteriorates As Delinquencies Surges 163% In FY25

New Delhi, May 27 -- India's microfinance sector has witnessed a dramatic deterioration in asset quality during the fiscal year ended March 2025, with portfolio at risk (PAR) for loans overdue by more... Read More


India Remains Central To Global Automakers' Strategies Despite EV Adoption Challenges: Moody's Analytics

New Delhi, May 27 -- India continues to occupy a pivotal position in the strategic planning of international automotive manufacturers, driven by demographic advantages and economic growth, according t... Read More


Gujarat Textile Chamber Urges Removal QCO On Textile Machinery

Gandhinagar, May 27 -- Representatives from the South Gujarat Chamber of Commerce and Industry (SGCCI) have petitioned Union Heavy Industries Minister H.D. Kumaraswamy and ministry officials in New De... Read More


Defence Minister Approves Execution of Advanced Medium Combat Aircraft Programme

New Delhi, May 27 -- In a significant push to boost India's defence self-reliance, Union Defence Minister Rajnath Singh has approved the Execution Model for the Advanced Medium Combat Aircraft (AMCA) ... Read More


RBI Restricts Default Loss Guarantees In Digital Lending Provisions

New Delhi, May 27 -- The Reserve Bank of India has issued new directives requiring finance companies to exclude default loss guarantees provided by fintech firms when calculating provisions for stress... Read More