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CREDIT TO AGRICULTURE
NBFC credit growth rises to 15.8% in August as gold, consumer durable loans surgeDuring August 2026, non-banking financial companies enjoyed a boost in credit expansion, with gold loans seeing remarkable growth alongside...- Alex Karp bought 37,000 acres of Swedish forest for $22 million and local hunters could no longer lease the land - why wealthy buyers are looking beyond traditional assetsAlex Karp has acquired 37,000 acres of forest in Härjedalen, Sweden, for $22 million. This purchase has led to local hunters losing their l...
- Son sells ancestral land for Rs 8 crore, buys 2 more properties; gets income tax notice but wins at ITAT Chandigarh: Know whyA family from Panchkula owned some ancestral land in a village. A member of this family sold his share of the the said land for Rs 8 crore ...
- Grain trader deposited Rs 5.2 crore cash in bank, filed ITR declaring Rs 7.65 lakh income, got unexplained deposit income tax notice; won case in ITAT Delhi for this reasonWhen Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs...
- After Klein Curaçao removed goats and feral cats and restored habitat, nesting birds climbed from 140 pairs of one species in 2002 to around 650 across multiple species in 2022 as eight more species began breedingKlein Curaçao experienced a significant increase in seabird populations after removing invasive goats and cats. The island went from a few ...
- A mystery donor quietly bought a 7,600-hectare Scottish estate for 17.5 million pounds. Then handed it to conservationistsThrough a remarkable anonymous donation, Scottish Wildlife Trust has acquired the Inverbroom estate in north-west Scotland. This estate is ...
- Share of new-to-credit customers rises to 50% in June 2026 from 24% in June 2016: TransUnion CIBIL-FIDC reportNBFCs now account for half of India’s new-to-credit (NTC) borrowers, up from 24% in 2016, according to a TransUnion CIBIL-FIDC report cover...
- Govt absorbing up to Rs 2,700 per urea bag as global costs rise to Rs 3,000: Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman stated that the Centre absorbs a significant urea subsidy for farmers. This subsidy currently sta...
- Palantir CEO Alex Karp quietly bought 37,000 acres in Sweden for $22 million; locals found out only after hunters got an unexpected emailIn a surprising move, Alex Karp, the CEO of Palantir Technologies, has acquired a substantial forested region in Härjedalen, Sweden, for 23...
- In 1957, two Minnesota brothers built a tiny loader to clean a turkey barn; their unusual 3-wheel machine led to Bobcat, which later sold more than 1 million loadersIn the 1950s, Cyril and Louis Keller engineered a groundbreaking compact loader tailored for turkey farmer Eddie Velo. Using simple materia...
- India Inc can weather 50 bps rate hike, El Nino impact: CrisilCrisil Ratings stated that India Inc will manage the expected 0.50 percentage point rate hike. The agency also indicated that rural demand ...
- Personal loan growth rises to 16.9% in August: RBIBank credit growth strengthened across major sectors in August, with personal loans rising 16.9% year-on-year to ₹72.9 lakh crore, up from ...
- Building businesses for the next billion Indians: What entrepreneurs need to understandIndia is undergoing a remarkable transformation as more individuals choose entrepreneurship over conventional careers. The influx of techno...
- Government working with ADB to create grading, rating framework for warehouses and cold chains: DPIIT Joint SecretaryDPIIT’s logistics division is also drafting guidelines for multimodal logistics parks (MMLPs).
- China factory activity returns to growth in September as AI boom supports industryChina's manufacturing sector showed signs of recovery with a manufacturing purchasing managers' index of 50.1 in September. This marks an i...
- Rising oil prices, inflation to create headwinds for India's economic growth: BNP ParibasBNP Paribas expects India’s economic outlook to come under greater pressure as higher crude prices, rising inflation and weaker rural and i...
- Taking a gold loan? Key costs, repayment rules, and risks to check before pledging jewelleryCheap, quick and no credit check needed, yet your jewellery could be at risk.
- Fruit seller deposited large amount of cash in bank, got income tax notice of unexplained income; won case in ITAT Bangalore for this reasonIn Bangalore, Mr. Ramachandrababu found himself facing an income tax notice over unexplained cash deposits in his bank account. However, hi...
- Indian agriculture enters new phase as diets, incomes and climate reshape farming: ReportThe first phase, from roughly 1967 to 1995, was dominated by the need to achieve food security, says the paper.
- NABARD brings banks, government together to ease Kisan Credit Card access in DelhiNabin Kumar Roy, Chief General Manager, NABARD, emphasised that enhancing farmers access to Kisan Credit Cards remains a priority and calle...
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