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RBI To Simplify NBFC Classification Into Three-Tier Framework: RBI Governor

New Delhi, April 9 -- The Reserve Bank of India (RBI) is set to introduce a new framework to classify non-banking financial companies (NBFCs) into three categories-upper, middle, and lower layers, Gov... Read More


RBI Releases Draft TReDS Directions For MSMEs, Seeks Public Feedback By May 1

New Delhi, April 9 -- The Reserve Bank of India (RBI) has released draft directions for the Trade Receivables Discounting System (TReDS) on Wednesday, aiming to streamline and harmonise existing regul... Read More


Cabinet Approves Over Rs 40,000 Crore Investment in Two Hydropower Projects in Arunachal Pradesh

Itanagar, April 9 -- The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved investment proposals exceeding Rs 40,000 crore for the construction of two major h... Read More


Cabinet Approves Rs 13,037 Cr Jaipur Metro Phase-2 Project

Jaipur, April 9 -- The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Jaipur Metro Phase-2 project with an estimated cost of Rs 13,037.66 crore. The proposed new Metro corri... Read More


World Bank Revises India GDP Growth Forecast Upward, Flags Inflation Risks

New Delhi, April 9 -- The World Bank has revised Indias GDP growth projection for FY27 upward to 6.6 percent in its latest South Asia Economic Update, from an earlier estimate of 6.3 percent, reaffirm... Read More


Goyal Promotes Trade Portal To Enhance India-US Market Access

New Delhi, April 9 -- Commerce and Industry Minister Piyush Goyal has called on exporters and businesses in India and the United States to actively utilise the newly launched India-US trade facilitati... Read More


IBC Reforms Aim To Balance Creditor Rights With Business Continuity

New Delhi, April 9 -- The proposed amendments to the Insolvency and Bankruptcy Code signal a significant shift in Indias insolvency framework, allowing defaulting company promoters a chance to retain ... Read More


MSMEs To Benefit As Govt Eases Compliance Norms Under Jan Vishwas Reforms

New Delhi, April 9 -- With Parliament passing the Jan Vishwas (Amendment of Provisions) Bill, 2026 to decriminalise minor offences and promote a more facilitative regulatory environment, compliance bu... Read More


SC Directs Sealing Of 44 Illegal Properties In Meerut, Slams Officer For Defiance

Lucknow, April 8 -- In Meerut, the Supreme Court on Tuesday directed the immediate sealing of 44 properties after finding that residential plots had been illegally converted into commercial establishm... Read More


Middle East Crisis Poses Demand Slowdown, Delay Risks To Gems, Electronics, Other Sectors: Report

New Delhi, April 8 -- The ongoing crisis in West Asia is emerging as a significant external shock for India, impacting the economy through disruptions in energy markets, trade flows, and logistics, ac... Read More