finance

Gujarat is third-highest borrower under the ECLGS

According to a data tabled in the lower house of the Parliament, a loan amount worth Rs 18,996 crore was extended to MSMEs in Gujarat under the Emergency…

Read more

FICCI all praise for RBI’s monetary policy

The Federation of Indian Chambers of Commerce and Industry (FICCI) has come out with a statement about the monetary policy released by the Reserve…

Read more

Rahul Gandhi calls Union Budget as crony-centric

Describing the Union Budget as "crony-centric", Congress leader Rahul Gandhi said that the micro, small, and medium enterprises (MSMEs) were given…

Read more

Shares of Adani Enterprises jump 5 pc after acquiring 23.5 pc stake in Mumbai Airport

Shares of Adani Enterprises rose by over 5 per cent by this afternoon to hit a 52-week high after its subsidiary Adani Airports completed the acquisition…

Read more

Advent to buy controlling stake in ZCL Chemicals for Rs 1,700 crores

Private equity firm Advent International will acquire a controlling stake in pharmaceutical company ZCL Chemicals, earlier known as Zandu Chemicals…

Read more

Aditya Birla Fashion posts net profit of Rs 58 crore

Aditya Birla Fashion and Retail Ltd (ABFRL) has reported profit after tax of Rs 58 crore on revenue of Rs 2,076 crore in the October to December quarter.It…

Read more

Banks can deduct loans disbursed to new MSME borrowers from their net demand and time liabilities for calculation of the cash reserve ratio: RBI

The Reserve Bank of India (RBI) has allowed banks to deduct loans disbursed to new micro, small, and medium enterprise (MSME) borrowers from their…

Read more

Union Government proposes increase of about 30 pc in budget allocation to highway sector; doubles MSME allocation in budget allocation to highway sector

The Union Government has proposed an increase of about 30 per cent in the Union Budget allocation to the highways sector for the next financial year…

Read more