Hela July 30, 2019

Small businesses and MSMEs form the backbone of India’s economy and may hold the key to solving India’s unemployment crisis. To sustain operations and eventually expand, these small businesses require large amounts of capital. However, the sector is facing a working capital crunch, and there is a lack of access to affordable credit. To account […]

Hela March 19, 2019

Kolkata: Leading gold loan non-banking finance company (NBFC) Manappuram FinanceNSE -0.28 % is expecting interest rates on its bank borrowing to decline by up to 50 basis points following the recent Reserve Bank of India notification allowing banks to lend to NBFCs with risk weightage based on the borrower’s credit rating instead of the earlier stipulation of […]

Hela February 15, 2019

Srinagar, India (CNN)At least 37 people were killed Thursday afternoon when a bomb exploded near a convoy of Indian paramilitary personnel in Indian-administered Kashmir, one of the deadliest attacks in the disputed region in recent years. Bharat Bhushan, spokesperson for India’s Ministry of Home Affairs, told CNN Friday that 37 soldiers had died, with five […]

Hela February 15, 2019

Female students at a college in the Indian capital, Delhi, are demanding an end to a ritual that sees male students hang condoms filled with water from a tree and pray to “curvaceous goddesses” in the hope that it will help them lose their virginity. On Wednesday night, protesting students stormed the gates of the […]

Hela February 15, 2019

At least 40 Indian paramilitary police have been killed in a bomb attack by militants on their convoy in Indian-administered Kashmir. Police told the BBC that a car filled with explosives had rammed a bus carrying the troops to Srinagar. Pakistan-based Islamist group Jaish-e-Mohammad said it was behind the attack. It is the deadliest militant […]

Hela February 15, 2019

India has said it will ensure the “complete isolation” of Pakistan after a suicide bomber killed 46 soldiers in Indian-administered Kashmir. Federal Minister Arun Jaitley said India would take “all possible diplomatic steps” to cut Pakistan off from the international community. India accuses Pakistan of failing to act against the militant group which said it […]

admin February 11, 2019

The northeastern states need to be more dependent on their own resources in future and these states, including Tripura, should attract private capital, said 15th Finance Commission chairman Nanda Kishore Singh on Thursday. He further added that sole dependency on the public outlay would extend the state’s debt and fiscal deficit profile. “The Government of […]