New Delhi, Mar 11 (PTI) MSME-focused fintech Progcap on Tuesday said it has launched a programme to offer collateral-free loans of up to Rs 10 lakh to women-led small and medium enterprises in the next three years.The fintech, which is backed by Peak XV (previously Sequoia Capital India), Google and Tiger Capital, among others, seeks …
During 2022-24, India’s pharmaceutical and healthcare industry attracted total investments worth ₹2,61,900 crore. As per reports, increasing insurance penetration, growing demand for high-quality services, and post-pandemic resilience are favourably reshaping the industry. Prominent M&A Deals Favouring India’s Healthcare Sector The report suggests that mergers and acquisitions of hospitals accounted for nearly 40% of the total …
Maharashtra Deputy Chief Minister Ajit Pawar, who also serves as the state’s Finance Minister, presented a ₹7.20 lakh crore annual budget for the financial year 2025-26 in the state assembly. The budget includes a revenue deficit of ₹45,892 crore and a fiscal deficit of ₹1,36,234 crore. This marks the 11th budget presented by Pawar as …
New Delhi, Mar 10 (PTI) Commerce and Industry Minister Piyush Goyal will on Thursday hold discussions with export promotion councils on trade issues amid the threat of imposition of reciprocal tariffs by the US, an industry official said In the meeting, exporters are expected to raise issues pertaining to the proposed bilateral trade agreement between …
The Reserve Bank of India (RBI) has announced a new measure to increase liquidity in the banking system. On March 24, the central bank will conduct a $10 billion USD/INR Buy/Sell swap auction to provide additional funds to banks. This auction will have a 36-month tenure, according to an official RBI statement. How the Swap …
New Delhi, Mar 11 (PTI) India has extended duty-free imports of Urad for another year until March 31, 2026, according to a government notification. The provision was earlier in place until the end of March this year. Myanmar is the main exporting country of Urad to India. “The free import policy of Urad stands extended …
Kolkata, Mar 11 (PTI) The Centre has drawn up a slew of schemes, in the form of subsidies, to support the food processing industry, from micro to large units, a senior official said. Secretary of the Ministry of Food Processing Industries, Subrata Gupta, said that a lot of food, particularly fruits and vegetables, go to …
CRISIL’s Roti-Rice-Rate report shows that the price of a simple home-made home-cooked vegetarian thali reduced by 1% y-o-y in February 2025. Meanwhile, the cost of a non-vegetarian thali surged by nearly 6%. This was attributed to the reduction in LPG and tomato prices and the rising costs of broiler chickens. Comprehensive Cost Breakdown: Veg Thali …
New Delhi, Mar 10 (PTI) Falling for the third day in a row, gold prices retreated by Rs 150 to Rs 88,750 per 10 grams in the national capital on Monday amid a weak trend in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had …
India is approaching a decisive moment regarding the reduction of Goods and Services Tax (GST) rates and restructuring its tax slabs, as indicated by Finance Minister Nirmala Sitharaman at the 25th ET Awards for Corporate Excellence, as per news reports. Addressing GST Concerns: A Move Towards Lower Tax Rates Dispelling concerns that GST has increased …
