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INTEREST SUBVENTION
EXIM Bank to be implementing agency for interest subvention support for exporters: DGFTThe commerce ministry announced EXIM Bank will implement export credit interest subvention. This transition from the Reserve Bank of India ...- Govt approves Rs 4,687 crore interest subsidy for ethanol projectsThe government has approved ₹4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for n...
- Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facilityBanks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...
- Smartphone retailers urge brands to end zero-cost EMI schemes to make handsets more affordableThis is because zero-interest payment plans cost smartphone brands 17-19% of the product price which they bake directly into retail price o...
- Course correction: Govt readies plan to double education loan disbursalsThe government plans a nationwide push to expand education lending significantly. Faster approvals and campus outreach will improve student...
- Flex-fuel vehicles better fit for India than E25 rollout: AIDAA national debate has been raging over the impact of 20% ethanol-blended petrol (E20) on the engines and fuel efficiency of vehicles not de...
- Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
- FCI calls media reports of Rs 1,160 crore ethanol rice diversion 'factually incorrect'The Food Corporation of India has denied reports of a large-scale rice diversion for ethanol. Investigations are focused on a small quantit...
- Assam Budget 2026-27: Spotlight falls on polygamy after big announcement by state FM Jayanta Malla BaruahAmong Assam's 2026-27 budget proposals, a major one is that polygamous men will be barred from accessing government schemes. Additionally, ...
- Assam budget targets revenue leaks: Jayanta Malla BaruahAssam's finance minister presented the 2026-27 budget focusing on revenue generation and plugging leakages. Capital expenditure has increas...
- India's middle class may have little room in the richer housing marketIndia's residential property market delivered one of its strongest first-half performances in over a decade, with home sales staying near r...
- Darjeeling tea industry seeks Centre's support amid deepening financial stressDarjeeling's famed tea industry is facing severe financial strain due to aging bushes, climate woes, and labor shortages, leading to a sign...
- Centre plans Rs 12,000 crore incentive scheme to spur private electric bus adoptionThe government is planning a significant incentive package, potentially worth ₹12,000 crore, to boost electric bus adoption by private flee...
- Haryana unveils tax breaks to accelerate shift to cleaner commercial vehiclesHaryana is offering a full waiver on motor vehicle tax for new environment-friendly trucks and buses in NCR districts. This initiative targ...
- Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
- Govt readies farm safety net with banks, insurers as El Nino loomsThe government is enhancing financial safety nets for rural families. This initiative aims to cushion the impact of El Nino on farming. Eff...
- Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
- From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCRThe Union Cabinet has approved a new scheme to replace old trucks and buses in Delhi-NCR. This initiative aims to significantly reduce air ...
- Amit Shah positive on hiking sugar MSP, raising ethanol quota: FadnavisHome Minister Amit Shah has shared promising news for the sugar industry that could reshape its future. Maharashtra’s Chief Minister Devend...
- Interest subvention scheme likely for e-buses, e-trucks; Centre may earmark ₹6,960 crThe government is weighing cheaper loans and other incentives to help private operators buy electric buses and trucks, aiming to cut fossil...
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