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The scheme offers 70-80% guarantee cover on loans to MFIs, aiming to restore lender confidence and improve credit access for underserved borrowers.
India has launched a 7,280-crore incentive scheme to establish five rare-earth magnet manufacturing plants, aiming to achieve an annual capacity of 6,000 tonnes. The move seeks to build a self-reliant defence and electric vehicle supply chainto counter Chinas dominance in the sector.
Zerodha co-founder and CEO Nithin Kamath noted the country's dependence on energy imports from the Middle East, and consequent impact due to the war in the region. He also outlined an alternative that India can tap into for long-term resilience.
Inconsistent plant-level reporting has derailed baseline setting, delaying Indias carbon trading rollout as policymakers race to align with EU carbon rules and avoid double compliance costs.
Most states will observe the Eid holiday on Saturday, March 21. However, banks in two Indian states J-K and Andhra Pradesh will remain closed on March 30.
Union communications minister Jyotiraditya Scindia said Indian telecom operators are among the healthiest globally, with the sector continuing to grow steadily. He added that the government is evaluating the next phase of the PLI scheme for telecom equipment.
The 225-crore expansion at the Gujarat facility adds roughly 8,300 annual tons of capacity, the company has said.
The government directive seeks to establish a unified, real-time data architecture to facilitate rapid responses to supply outages. The required disclosures encompass production volumes, import figures, inventory levels, and usage trends.
Mumbai International Airport had submitted claims of over 860 crore towards parking, storage, hangar and related charges after Jet Airways aircraft remained parked at the Mumbai airport for several years following the airlines collapse in 2019. The NCLT admitted only about 510.75 cr.
While several global economies, from the US to China, have already passed on higher costs to consumers, India has kept prices stable. With crude prices surging, oil marketing companies are taking a big hit. How long can the government avoid an increase?
Kamal Haasan and Rajinikanth's collaboration for a 2027 film highlights Tamil cinema's strength in bringing stars together, unlike Bollywood, where egos and financial complexities often impede such projects. This successful model emphasizes narrative-driven filmmaking and a supportive fan culture.
Bank holiday today, 19 March: All public and private banks in will be closed today in several states due to Gudhi Padwa, Ugadi Festival, Telugu New Year, Sajibu Nongmapanba (Cheiraoba), and 1st Navratra. Here is the full list of states where banks are closed today.
Banks have turned cautious about lending to solar module makers after a December letter from the clean energy ministry urging them to be cautious about financing new solar photovoltaic module capacity. The sector also faces pressure from a preliminary 126% US tariff.
For Globant, which counts India as one of its largest employee hubs, Walt Disney has been its largest client, contributing 9% of its $2.46 billion in revenue in 2025. Companies are setting up in-house technology centres in a troubling shift for the IT sector as it faces disruption from automation.
The government has tapped Trai to frame spectrum rules for connected vehicle rollout, weighing licence-exempt in-car devices and administrative allocation for roadside infrastructure.
The move marks a step towards building a robust, self-reliant solar manufacturing ecosystem that will boost domestic production, strengthen supply chains
HDFC group veteran Keki Mistry to be part-time chairman at India's largest private lender for three months starting 9 March.
The Bhavya parks will range from 100 to 1,000 acres, and receive financial support of up to 1 crore per acre provided for core, value-added and social infrastructure. In North Eastern and hilly states with geographical constraints, the minimum size will be 25 acres.
Even as the rapid rise of internet penetration raise doubts on the future of print, the results of a survey conducted across metros and Hindi-speaking markets finds newspapers remain the go-to source for highly engaged readers looking for trustworthy news.
The Delhi High Court has ruled that both Peru and Chile hold legitimate claims to the Pisco name in India, rejecting Peru's demand for exclusivity. The decision mandates origin labelling, resolving a 20-year legal battle over the niche grape brandy.
Despite building significant capacity, structural constraintsfrom raw material shortages to policy designkeep the country reliant on overseas supplies.
A Meta report shows 89% of Indias micro-drama audience discovered the format via social media, spending 35 hours weekly, mostly watching solo. But weak monetization persists, with just 28% ever paying amid trust deficits.
Counterfeiting in the dairy sector has surged since 2018, driven by complex supply chains and a massive informal market. Regulators are now pushing for stricter licensing and track-and-trace tech to mirror the success of the pharmaceutical industry.
Podcast revenues may soar from $969 million to $4.5 billion by 2030, while live events could double in value, indicating a vibrant creative economy, according to Deloitte.
The Reliance-Samsung deal strengthens India's hydrogen ambitions. But limited domestic offtake and slow project progress keep the 2030 production target a distant goal.
India is well-positioned to withstand global shocks and is not facing an energy shortage despite the ongoing West Asia crisis, finance minister Nirmala Sitharaman told the Rajya Sabha.
Indias farmland is becoming the new frontier of carbon removal. A few startups are working with farmers to turn crop residue, rice irrigation and soil chemistry into tradable credits. With global buyers signing deals, India could become a low-cost powerhouse for durable carbon removal.
Zerodha's Nithin Kamath has raised concerns over net banking apps demanding excessive permissions like SMS and contacts. He contrasted that with the privacy focused policy that his own company follows.
This major incentive scheme, named Mission Drone Shakti, aims to supercharge local manufacturing and R&D.

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