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FISME Says Proposed GST Reforms Could Help MSMEs Adapt, Close and Restart Businesses; Seeks Data to Assess Impact

New Delhi, Nov. 12 -- Changes to GST registration amendment, cancellation and revocation procedures could help micro, small and medium enterprises (MSMEs) adapt business operations, reduce administrat... Read More


Banks' Q2 FY27 Earnings Rise 20% on Lower Provisions, Stronger Income Growth Support: Kotak Report

New Delhi, Nov. 12 -- Indian banks are expected to see further improvement in interest income growth as a favourable loan mix and lower funding costs support margins, while asset quality is likely to ... Read More


Govt Clears Rs 68,800-Crore High-Capacity Power Corridor to Link Renewable Hubs with Eastern Demand Centres

New Delhi, Nov. 12 -- India has approved a Rs 68,800-crore power transmission corridor to carry renewable electricity from western generation hubs to industrial and urban demand centres in the east. ... Read More


Power Ministry Proposes Delayed Payment Security for Standalone Energy Storage Projects

New Delhi, Nov. 12 -- The Power Ministry has proposed extending delayed payment safeguards to standalone energy storage systems (ESS), aiming to improve investor confidence and attract financing for b... Read More


Govt Extends Stand-Up India Scheme Until 2031, Clears Rs 4,111-Crore Credit Guarantee Corpus

New Delhi, Nov. 12 -- The Union Cabinet has approved the continuation of the Stand-Up India scheme for five years until March 31, 2031, with a target of supporting 2.5 lakh additional entrepreneurs fr... Read More


Cabinet Approves 8.449-Km Aqua Line Extension From Noida Sector 51 To Greater Noida Sector 4

New Delhi, Nov. 12 -- The Union Cabinet has approved an 8.449-km extension of the Noida Metro Aqua Line from Noida Sector 51 to Greater Noida Sector 4, covering five elevated stations. The extension ... Read More


BEE Organises Webinar To Discuss Energy Efficiency, Renewable Energy Integration

New Delhi, Nov. 12 -- The Bureau of Energy Efficiency (BEE), under the Ministry of Power, organised a webinar on energy conservation and conducted awareness activities during the BRICS Sustainable Lif... Read More


Cabinet Approves Rs 62,370 Crore Subsidy Budget For P&K Fertilisers In Rabi 2026-27

New Delhi, Nov. 12 -- The Union Cabinet has approved Nutrient Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for the Rabi 2026-27 season, with a tentative budgetary requiremen... Read More


Cabinet Extends Credit Guarantee Fund For Micro Units By Five Years, Targets Rs 12.6 Lakh Crore In Loans

New Delhi, Nov. 12 -- The Union Cabinet has approved the continuation of the Credit Guarantee Fund for Micro Units (CGFMU) for five years up to March 31, 2031, with a corpus of Rs 5,000 crore to facil... Read More


Centre Bans Export Of Lithium-Ion Battery Black Mass, Battery Waste And Scrap

New Delhi, Nov. 12 -- The Centre has prohibited the export of waste and scrap from primary cells, batteries and electric accumulators, including lithium-ion battery black mass, with immediate effect. ... Read More