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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


CII Calls for Centralised Oversight Mechanism for Tribunals to Boost Efficiency

New Delhi, May 26 -- The Confederation of Indian Industry (CII) has urged the government to establish a centralised oversight body for tribunals, highlighting the need for uniformity, policy coherence... Read More


Rising Demand Pushes Cement Industry Towards Greater Consolidation: Moody's

New Delhi, May 26 -- India's cement industry is poised for a wave of consolidation as demand continues to rise sharply, according to Moody's Ratings. Large cement producers are acquiring smaller regi... Read More


Delhi High Court High Court Upholds Arbitral Tribunal's Authority to Revive Arbitration Proceedings Under Section 16 of Arbitration Act

New Delhi, May 26 -- The Delhi High Court has dismissed the writ petitions filed by MDD Medical Systems (India) Pvt. Ltd. and LSR Medical Pvt. Ltd., challenging the revival of arbitration proceedings ... Read More


NITI Aayog Proposes Policy Framework For Medium Enterprises To Address Existing Challenges

New Delhi, May 26 -- NITI Aayog today released a comprehensive report titled 'Designing a Policy for Medium Enterprises,' outlining strategic recommendations to enhance the contribution of medium ente... Read More


Calcutta HC : Interim Relief Under Section 9 of Arbitration Act Not Maintainable Until Completion of Conciliation Process Under MSMED Act

New Delhi, May 26 -- In an important judgement, The Calcutta High Court held that the present application under Section 9 of the Arbitration and Conciliation Act, 1996, is not maintainable as the mand... Read More


Rajasthan CM Presents 'Developed Rajasthan @2047' Vision At NITI Aayog Meet

New Delhi, May 26 -- Rajasthan Chief Minister Bhajan Lal Sharma attended the 10th meeting of the NITI Aayog Governing Council on Saturday, held at Bharat Mandapam in New Delhi under the chairmanship o... Read More


PM Modi Inaugurates Railway Locomotive Manufacturing Plant With Rs 21000 Cr Investment In Gujarat

Gandhinagar, May 26 -- Prime Minister Narendra Modi inaugurated a new locomotive manufacturing facility for Indian Railways in Dahod, Gujarat, on Monday. The ceremony included the flagging off of the... Read More


India Remains Most Viable Option For Apple's iPhone Production: NITI Aayog CEO

New Delhi, May 26 -- India continues to present the most economically viable option for Apple's iPhone manufacturing operations outside China, according to BVR Subrahmanyam, Chief Executive Officer, N... Read More