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NABARD Bi-Monthly Survey Shows Strong Revival in Demand in Rural Areas

New Delhi, Dec. 11 -- A bi-monthly survey by National Bank for Agriculture and Rural Development (NABARD) has shown broad-based revival in rural demand, rising incomes and unprecedented optimism. As ... Read More


Amazon Promises to Invest $35 Billion in India With Focus on AI-driven Digitization

New Delhi, Dec. 11 -- American e-commerce giant Amazon has announced plans to invest more than $35 billion in India by 2030 to expand its businesses with focus on AI-driven digitization, export growth... Read More


ADB Raises India's FY26 Growth Forecast To 7.2%, Citing Economic Resilience

New Delhi, Dec. 10 -- The Asian Development Bank (ADB) has raised India's economic growth forecast for FY26 to 7.2 per cent from 6.5 per cent earlier, citing strong domestic consumption supported by r... Read More


Govt Considers Duty Cut On Specialty Steel To Boost Domestic Wind Gearbox Manufacturing: Report

New Delhi, Dec. 10 -- The Ministry of New and Renewable Energy (MNRE) has recommended reducing the current 15 percent basic customs duty on high-grade steel in the upcoming Union Budget to address an ... Read More


Insolvency Plea Can't Be Dismissed On Fraud Claims Without Proof: NCLT Ahmedabad

Gandhinagar, Dec. 10 -- The National Company Law Tribunal (NCLT), Ahmedabad, has held that an insolvency application cannot be dismissed merely on allegations of fraud or malicious intent unless suppo... Read More


Over 99% Of Indian Villages Covered By Banking Outlets: Finance Ministry

New Delhi, Dec. 10 -- The country has achieved significant progress in financial inclusion, with 99.91 percent of villages now having access to banking outlets, including bank branches, business corre... Read More


Domestic Vehicle Sales Jump Over 40 Lakh Units Following GST Reduction

New Delhi, Dec. 10 -- The reduction in Goods and Services Tax (GST) on automobiles and transportation equipment has led to a significant increase in domestic vehicle sales, according to a statement by... Read More


RBI Pushes For Rural Credit Scoring To Strengthen Formal Finance Access

New Delhi, Dec. 10 -- The Reserve Bank of India (RBI) has clarified that it does not prescribe a minimum credit score for sanctioning loans by banks and other regulated entities. Minister of State fo... Read More


Used Vehicle Financing To Drive NBFC Vehicle Loan Portfolio To Rs 11 Lakh Crore: Crisil

New Delhi, Dec. 10 -- With Indian economy growing at healthy pace in the current fiscal 2025-26 and expected to continue its momentum in the next financial year too, vehicle loans portfolio of non-ban... Read More


Microsoft To Invest $17.5 Billion To Expand India's AI And Cloud Ecosystem

New Delhi, Dec. 10 -- India is set to take a major leap in its artificial intelligence journey as global tech major Microsoft has announced a USD 17.5 billion investment over four years (CY 2026-2029)... Read More