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SBI Fixed Deposit Scheme "Amrit Vrishti' Offers 7.25 Interest Rate; 7.75 to Seniors

New Delhi, July 18 -- The State Bank of India (SBI), India's largest public sector bank, has introduced a new fixed deposit (FD) scheme named 'Amrit Vrishti'. This special offering, available from Ju... Read More


Google and MeitY Partner to Train 10,000 Indian Startups in AI Technologies

Bengaluru, July 18 -- In a significant move to bolster India's AI ecosystem, Google has unveiled a suite of cutting-edge AI models, tools, and programs tailored for the country's burgeoning developer ... Read More


Gujarat Textile Traders Set 100-Day Payment Limit Amid New Tax Regulations

Ahemdabad, July 18 -- In a significant shift for the textile industry, traders in the city are gearing up to implement new payment norms following the introduction of Section 43B(H) of the Income Tax ... Read More


Lack of Collateral Continues To Be Major Hurdle In MSMEs' Access To Credit: ICRIER-ADBI Report

New Delhi, July 18 -- A recent policy brief by the Indian Council for Research on International Economic Relations (ICRIER) and the Asian Development Bank Institute (ADBI) highlights the ongoing credi... Read More


Arka Fincap Partners With Central Bank Of India For MSME Lending

New Delhi, July 18 -- Arka Fincap, a non-bank financial company and subsidiary of Kirloskar Group, has announced a strategic partnership with Central Bank of India to provide loans to Micro, Small, an... Read More


Tesla's European Component Suppliers Scouting For Opportunities In Gujarat, Tamil Nadu

New Delhi, July 18 -- In a strategic move that could reshape the automotive landscape in India, several component suppliers for Tesla Inc. are actively exploring opportunities to establish or expand t... Read More


ADB Injects $240 Million Into India's Solar Rooftop Program

New Delhi, July 18 -- In a major boost to India's renewable energy sector, the Asian Development Bank (ADB) has approved loans totalling USD 240.5 million to support the country's ambitious solar roof... Read More


SME Stock Migration To Mainboard Drops Over 80% In 2024

New Delhi, July 17 -- In a significant shift from previous years, the migration of small-and-medium enterprise (SME) stocks to the mainboard has seen a dramatic decline of over 80 per cent in 2024. ... Read More


Ministry of Corporate Affairs Tightens 45 Days Payment Reporting Of MSE Suppliers

New Delhi, July 17 -- In a move to strengthen financial protections for Micro and Small Enterprises (MSEs), the Ministry of Corporate Affairs has issued a significant amendment to the reporting requir... Read More


Finance Minister Sitharaman Kickstarts Budget Preparations With 'Halwa' Ceremony

New Delhi, July 17 -- Union Finance Minister Nirmala Sitharaman today took part in the traditional 'halwa' ceremony held on Tuesday, signalling the commencement of the final stage of preparation for t... Read More