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Government Launches National Campaign To Promote Rural Entrepreneurship Under DAY-NRLM

New Delhi, Jan. 15 -- The Rural Development Ministry has launched the 'National Campaign on Entrepreneurship.' The initiative aims to build the capacity of 50,000 community resource persons in enterp... Read More


RBI Gives In-Principle Nod To SMBC To Set Up Wholly Owned Subsidiary In India

New Delhi, Jan. 15 -- The Reserve Bank of India (RBI) has given in-principle approval to Japan's Sumitomo Mitsui Banking Corporation (SMBC) to setup a wholly owned subsidiary (WOS) in India under the ... Read More


India's Smartphone Exports Hit USD 30 Billion In 2025 On PLI Push

New Delhi, Jan. 15 -- Smartphone exports from India, under the Production Linked Incentive (PLI) scheme, are estimated to have reached USD 30 billion in the 12 months from January to December 2025. T... Read More


RBI Invites Public Comments On Draft Amendments For NBFCs & ARCs

New Delhi, Jan. 14 -- The Reserve Bank of India (RBI) has released Draft Amendment Directions seeking to clarify the computation of Owned Fund and Tier 1 Capital for non-banking financial companies (N... Read More


RBI Finalises Internal Ombudsman Directions, 2026 Following Stakeholder Feedback

New Delhi, Jan. 14 -- The Reserve Bank of India (RBI) has issued the Internal Ombudsman Directions, 2026, formalising rules for grievance redressal across regulated financial entities. The final direc... Read More


Maharashtra Farmer-Led Institutions Showcase Rural Agribusiness At IndusFood 2026

Mumbai, Jan. 14 -- Farmer-led institutions from Maharashtra showcased rural agribusiness capabilities at IndusFood 2026, Asia's largest export-focused food and beverage exhibition, held in Greater Noi... Read More


IFC, ADB Back Piramal Finance With USD 350 Mn To Boost Housing, MSME & Women Entrepreneurs' Credit

New Delhi, Jan. 14 -- Piramal Finance Limited has raised USD 350 million in multilateral funding from the International Finance Corporation (IFC) and the Asian Development Bank (ADB), marking its firs... Read More


PFRDA Forms 15-Member Panel To Examine Assured Payout Options Under NPS

New Delhi, Jan. 14 -- The Pension Fund Regulatory and Development Authority (PFRDA) has set up a 15-member high-level committee to examine the feasibility of introducing assured payout options under t... Read More


Rising Trade Barriers & Slower Growth To Pressure MSMEs In 2026: World Bank Report

New Delhi, Jan. 14 -- The global economy has shown stronger-than-expected resilience despite rising trade tensions, higher tariffs and policy uncertainty.However, micro, small and medium enterprises (... Read More


SC Rules 'See-to-It' Promoter Clause Not A Guarantee Under Contract Act

New Delhi, Jan. 14 -- The Supreme Court ruled that a contractual clause requiring a promoter to arrange funds for a borrower to meet financial covenants does not constitute a guarantee under Section 1... Read More