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Microfinance Industry Sees Revival In Lending And Asset Quality: SIDBI-Equifax

New Delhi, June 17 -- India's microfinance sector is showing early signs of recovery after multiple quarters of contraction, with improving asset quality, stronger credit discipline and a revival in l... Read More


Deloitte Calls For Deeper Financial Inclusion To Support India's 2047 Growth Ambitions

New Delhi, June 17 -- India's financial services sector is entering a critical transition phase, requiring deeper credit penetration, broader financial participation and more efficient capital allocat... Read More


IBBI Proposes Holistic Valuation Framework To Boost Recovery From Insolvency Cases

New Delhi, June 17 -- Distressed companies undergoing insolvency proceedings could receive higher valuations under a new mechanism proposed by the Insolvency and Bankruptcy Board of India (IBBI), whic... Read More


ASSOCHAM Recommends Measures To Strengthen Rupee Trade Settlement Framework

New Delhi, June 17 -- Industry body ASSOCHAM has submitted a detailed representation to the government and the Reserve Bank of India (RBI), recommending measures to strengthen the rupee and expand its... Read More


Railways Approves Rs 755 Crore Champa-Korba Third Line Project

New Delhi, June 17 -- Indian Railways has approved the 42-km Champa-Korba third line project of the South East Central Railway (SECR) at an estimated cost of Rs 755 crore. The proposed project is aim... Read More


RBI Data Shows Sales Growth Of Listed Firms Accelerated To 13.9% In Q4 FY26

New Delhi, June 17 -- Sales growth of listed private non-financial companies accelerated to 13.9 percent year-on-year in the January-March quarter of FY2025-26, up from 10.1 percent in the preceding q... Read More


BHASHINI, GeM Collaborate For AI-powered Language Technologies

New Delhi, June 16 -- The Digital India BHASHINI Division (DIBD) and the Government e-Marketplace (GeM) have signed a Memorandum of Understanding (MoU) to strengthen multilingual access across India's... Read More


Gujarat's New Industrial Policy To Focus On MSMEs & High-Growth Sectors, Targets Rs 10 Lakh Cr Investment

Gandhinagar, June 16 -- Gujarat has unveiled its Viksit Gujarat Industrial Policy 2026, aiming to attract investments of Rs 10 lakh crore over five years, with a focus on micro, small and medium enter... Read More


Pralhad Joshi Unveils India's First Wind Supply Chain Portal

New Delhi, June 16 -- Union Minister for New and Renewable Energy Pralhad Joshi on Monday launched India's first dedicated Wind Turbine Supply Chain Management Portal, called WT-MARUT, aimed at streng... Read More


Strait of Hormuz Reopening Seen To Stabilise Rupee And Cut Import Costs For India

New Delhi, June 16 -- The announcement of a peace deal between the United States and Iran to end their 107-day conflict and reopen the Strait of Hormuz has been welcomed by Indian exporters and econom... Read More