New Delhi, May 26 (KNN) Union Finance Minister Nirmala Sitharaman on Monday launched a series of initiatives aimed at expanding credit access, supporting rural enterprise modernisation, and deepening financial infrastructure for micro, small and medium enterprises (MSMEs) at the Foundation Day event of the Small Industries Development Bank of IndiaContinue Reading
New Delhi, May 26 (KNN) The Small Industries Development Bank of India (SIDBI) is actively developing a co-lending model with Regional Rural Banks (RRBs) to extend affordable credit to micro, small and medium enterprises (MSMEs) in rural and semi-urban India. At the institution’s 37th Foundation Day event, SIDBI Chairman andContinue Reading
New Delhi, May 26 (KNN) The Reserve Bank of India (RBI) has constituted an expert committee to examine the opportunities and risks arising from quantum technologies and recommend a roadmap for building a quantum-secure financial ecosystem in India. Quantum technology is increasingly being seen as a transformative innovation capableContinue Reading
Mumbai, May 26 (KNN) Hindustan Petroleum Corporation Limited and Tata Motors have signed a Memorandum of Understanding (MoU) to pilot a structured and scalable model for the collection and recycling of used automotive lubricants, supporting India’s circular economy ambitions and compliance with evolving Extended Producer Responsibility (EPR) regulations. TheContinue Reading
New Delhi, May 25 (KNN) The Department for Promotion of Industry and Internal Trade (DPIIT) has released operational guidelines for the BHAVYA scheme — Bharat Audyogik Vikas Yojna — a central sector programme aimed at developing investment-ready industrial parks across the country, with a total outlay of Rs. 33,660 croreContinue Reading
New Delhi, May 25 (KNN) The Insurance Regulatory and Development Authority of India (IRDAI) has directed the non-life insurance industry to arrive at a standard definition of a ‘claim’ and a uniform methodology for calculating claim settlement ratios across various lines of business — a move aimed at ending aContinue Reading
New Delhi, May 25 (KNN) The Ministry of Statistics and Programme Implementation (MoSPI) has released its Flash Report for April 2026 on Central Sector Infrastructure Projects, revealing that 1,981 ongoing projects with a total revised cost of Rs 42.78 lakh crore are currently being tracked across 17 Central Ministries andContinue Reading
