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CONCESSIONAL LINE OF CREDIT AGREEMENT
Assam Cabinet clears CBG Policy 2026 aligned with national modelAssam's Cabinet approved a new Compressed Biogas Policy to convert organic waste into clean energy. This policy offers significant capital ...- Small aluminium manufacturers hit by high cost of raw material due to import parity pricing: ReportDomestic aluminium MSMEs face higher raw material costs due to import parity pricing. A report highlights this pricing mechanism squeezes t...
- No input tax credit for the innocent buyer after paying GST? Supreme Court settles who bears the cost when a supplier defaultsThe Supreme Court affirmed Gujarat High Court's decision on CGST Act Section 16(2)(c). This ruling validates the provision requiring tax pa...
- Formal retail credit access doubles over past decadeIndia’s formal retail credit market has expanded sharply over the past decade, with credit access rising from 35% of consumers in 2017 to 7...
- India, Bhutan approve 12 new PTA projects worth Rs 332 crore, sign Rs 4,000 crore credit lineIndia and Bhutan reviewed development projects during high-level talks. A concessional line of credit worth Rs 4,000 crore was signed. Coop...
- Banks in talks to lend $15 billion for Anthropic data center backed by Google: WSJBig Tech has been pouring billions of dollars into AI data centers and computing power as demand continues to outstrip supply.
- UCO Bank plans $500-million overseas fundraiseUCO Bank plans to raise $500 million through foreign currency deposits and overseas borrowings. This move joins other lenders accessing the...
- MSME Bill introduced, looks to speed up paymentsA key provision of the Bill is to strengthen the framework for addressing delayed payments, a long-standing challenge for micro and small e...
- Govt companies request RBI to extend concessional forex swap by three monthsPublic sector firms want the RBI's forex swap facility extended by three months. This facility helps government companies hedge dollar cost...
- Macroeconomic fundamentals of Indian economy remain strong amid global challengesIndia's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...
- Kuwait approves 5-year defence cooperation pact with PakistanKuwait has ratified a broad defense cooperation agreement with Pakistan. This pact establishes a framework for military partnership and int...
- Credit card rewards are changing: Here's how travellers and reward seekers can maximise points and milesBanks increasingly reward engagement rather than ownership. Issuers want your premium card to become your preferred spending instrument, as...
- UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...
- India needs income-centric agri policies, greater Centre-state coordination: EAC-PM chairmanIndia must transition agriculture towards income generation, emphasizing crop diversification and market reforms, said S Mahendra Dev, Chai...
- ICICI Bank eyes $500 million dollar bond issue via GIFT CityICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concession...
- Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facilityForeign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...
- UK trade deal: Applications invited for car import quotaIndia has opened the application process for 2026 import quotas under the India-UK CETA. This significant trade agreement facilitates reduc...
- India invites applications for car import quota under India-UK trade pactIndia has invited applications for the first round of 2026 import quotas for fully-built passenger cars and goods vehicles from the UK unde...
- UPI credit line explained: How to pay now, settle later without a credit card
- India-UK FTA: Rolls-Royce, Range Rover cars to get cheaper by crores in IndiaImported British luxury car prices will significantly decrease starting July fifteenth. Customs duty on eligible vehicles will fall from 11...
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