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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


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