ECLGS 5.0 to benefit 1.1 crore MSME accounts: SBI report
SBI report says ECLGS 5.0 could benefit 1.1 crore MSME accounts, providing additional credit of Rs 2-2.3 lakh per account, with Rs 2.55 lakh crore overall credit flow targeted.
Category : Business
Coforge Denies Mphasis Allegations, Weighs Counterclaims
Coforge has denied all allegations in the Mphasis lawsuit, vowing to defend itself and its employee. The IT firm is also evaluating counterclaims.
O2B Technologies Odoo Partner Marks Decade of Excellence
O2B Technologies, an Odoo partner company, celebrates a decade of operational excellence, marking ten years of delivering innovative ERP solutions and driving digital transformation for businesses globally.
Bharti AXA Life Insurance Reports 44% Premium Growth in FY26
Bharti AXA Life Insurance achieved a 44% growth in new business premium for FY26, driven by strong demand and expanded distribution networks.
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Kabra Drugs Expands into Pharma and AI Defense Tech
Microcap company Kabra Drugs Limited announces strategic expansion into pharmaceuticals and AI-driven defense technologies, aiming to diversify its business portfolio and tap into high-growth sectors.
India Private Space Sector Demand from Defence Disaster Management
GalaxEye CEO highlights strong demand for India's private space sector from defence and disaster management, driving growth and innovation.
Rising Bonuses at Samsung, SK Hynix Spark Pay Demands
Higher bonuses at Samsung and SK Hynix are fueling salary demands among Chinese chip workers, intensifying competition for talent in the semiconductor industry.
Indian Woman's Journey: Rs 1 Crore Salary to Cleaning Flats
An Indian woman who earned Rs 1 crore annually in London shares her experience of cleaning flats in Melbourne, highlighting the importance of financial wisdom and adaptability.
Gold Prices Up Rs 531 Per 10 Grams in Futures
Gold futures surged by Rs 531 to Rs 76,445 per 10 grams on the MCX, driven by strong global cues and a weaker US dollar. Silver also rose.
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Hyundai Creta 2026: SX Tech, SX(O) Discontinued, New Variants
Hyundai Motor India has updated the 2026 Creta lineup, discontinuing SX Tech and SX(O) trims. Now available in seven variants, prices range from Rs 10.79 lakh to Rs 19.90 lakh. ADAS features are limited to the top King variant.
UP Smart Meter Rollback Will Impact Industry: Expert
The rollback of smart meters in Uttar Pradesh is expected to impact the industry. Pragya Pallavi of Kimbal highlights that consumer awareness is crucial for successful adoption of smart metering technology.
Value 360 IPO Oversubscribed 1.19 Times, Listing on May 11
Value 360 Communications IPO oversubscribed 1.19 times, raising Rs 41.69 crore. The SME IPO closes on May 6, 2026, with listing on NSE Emerge scheduled for May 11, 2026.
Panipat Emerges as New Real Estate Hotspot in NCR
Panipat is transforming into a real estate hotspot due to strategic location, affordability, and integrated townships, attracting investors and homebuyers alike.
Gold's Safe-Haven Status Wanes as Iran Tensions Fail to Boost
Gold prices remain subdued despite Iran conflict, signaling a shift in safe-haven demand. Morgan Stanley analysts note changing investor behavior and market dynamics.
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Yanolja Acquires InnKey to Boost Global Hospitality Platform
Yanolja, a South Korean hospitality platform, acquires InnKey to expand its global enterprise offering, enhancing its hotel tech solutions worldwide.
HSBC HK Launches Asia Pacific's First World Legend Mastercard
HSBC Hong Kong has introduced the Asia Pacific's first World Legend Mastercard, offering premium benefits including travel perks, concierge services, and exclusive rewards for affluent customers.
Govt Pact with NTF Energy for Indigenous Lightweight CNG Cylinders
The Indian government signed an agreement with NTF Energy Solutions to promote indigenous manufacturing of lightweight CNG cylinders, aiming to reduce import dependence and boost the green energy sector.
Acculink CPAs Marks Five Years of Zero Data Breaches
Acculink CPAs celebrates five years without a data breach, setting a new standard for security in outsourced accounting services and reinforcing client trust.
ECLGS 5.0 to Boost 1.1 Crore MSME Accounts: SBI
SBI report highlights that ECLGS 5.0 will provide additional credit support to 1.1 crore MSME accounts, aiding recovery and growth.
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New Leadership Book Challenges Conventional Thinking on Purpose
A groundbreaking leadership book argues that 'why' you do something matters more than 'what' you do, challenging conventional business thinking and offering a new framework for success.
Nvidia-Corning US AI Manufacturing Expansion Creates 3,000+ Jobs
Nvidia and Corning announce a partnership to boost US manufacturing for AI infrastructure, aiming to create over 3,000 jobs and strengthen domestic supply chains.
Gold and Silver Prices Expected to Rise, Analysts See Bullish Bias
Gold and silver prices are expected to continue rising with a bullish bias, according to Abhilash Koikkara of Nuvama. Key support levels for gold at 147,500 and silver at 236,000 are crucial for maintaining uptrends.
Top 5 Residential Areas in Bhubaneswar for Property Investment
Bhubaneswar is a rapidly growing real estate hotspot. Discover the top 5 residential areas for investment: Hanspal, Patia, Saheed Nagar, Nayapalli, and Sundarpada.
Rupee Falls 28 Paise to 94.77 Against US Dollar
The Indian rupee depreciated 28 paise to 94.77 against the US dollar in early trade on Wednesday, tracking weak domestic equities and a strong greenback overseas.
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Stock Markets Turn Flat in Volatile Trade
Indian stock markets turned flat on Friday after a volatile session, with benchmark indices oscillating between gains and losses amid mixed global cues and profit booking.
One Year After Op Sindoor: India Keeps Indus Dams Shut
A year after Operation Sindoor, India continues to keep gates of dams on the Indus shut, holding firm on its position regarding the Indus Waters Treaty.
86% of GCC NRIs Stable Financially Despite Risks
A new report reveals that 86% of Indian expats in GCC countries maintain a stable financial outlook, though 41% cite geopolitical tensions as a key concern.
Sohna Highway 6th Cave-In Exposes Gurugram Sewer Crisis
A Rs 2,000 crore Sohna Highway suffers its 6th cave-in since 2023, highlighting Gurugram's severe sewer infrastructure issues and safety concerns.
Operation Sindoor Anniversary: India's Defence Transformation
One year after Operation Sindoor, India's defence strategy has shifted to tech-centric warfare, self-reliance, and massive procurement, reshaping its military doctrine and industrial policy.
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Inflation Expected to Hit 4% in April as Food and Global Risks Rise
Bank of Baroda predicts India's inflation to reach 4% in April due to rising food prices and global uncertainties, posing challenges for economic stability.
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