Agriculture Minister Radha Mohan Singh announced the launch of a scheme that aims to provide cheaper loans to startups in the cooperative sector and those having innovative projects costing up to Rs 3 crore.
The U.S. Federal Reserve held interest rates steady on Thursday but remained on track to keep gradually tightening borrowing costs, as it pointed to a healthy economy that was marred only by a dip in the growth of business investment.
Google CEO Sundar Pichai has said the company has worked out a new comprehensive policy to address diversity and sexual harassment that became a great concern of Google employees.
CIL said it has relaxed norms governing supply of the dry fuel to small consumers, a move that would increase availability of coal for customers who need less than one million tonnes a year.
The government said the number of subscribers to Atal Pension Yojana (APY), targeted at the unorganized sector, has crossed 1.24 crore mark with 27 lakh new subscribers joining in the current financial year.
In a speech in Mumbai, Viral Acharya, deputy governor in charge of monetary policy, said the central bank has limited powers to discipline errant government-owned banks as it lacks the ability to replace officials, scrap licences and to push for mergers.
A high level committee has recommended adoption of a United Nations model law along with some carve outs for dealing with cross-border insolvency cases, an official release said.
The proposed industrial policy may suggest leveraging of blockchain technology to digitise land records to enable MSMEs to access easy loans against assets or properties, an official said.
Naveen Patnaik has asked state government officials to frame a new and innovative policy to help women and farmers become entrepreneurs.