The text of President Kalam's speech

The text of President A P J Abdul Kalam's address to the joint sitting of Parliament:Honourable Members,I am delighted to address the first session of both Houses of Parliament after the elections......

Why easy credit for MSMEs may not take off soon

The MSME sector, which is employment-intensive, accounts for 45 per cent of the country’s manufacturing, 40 per cent of exports and nearly 8 per cent of gross domestic product, reports......

Cabinet nod for Rs 1 lakh crore agri-infra fund

The new agri-infra fund, the duration of which will be 10 years till 2029, aims to provide medium-to-long term debt financing facility for investment in viable projects for post-harvest management......

Banks alarmed at rising defaults in study loans

With a rising proportion of non-performing assets in education loans, banks have approached the government, seeking protection in the form of a credit guarantee fund of at least Rs 2,500 crore (Rs......

LIC has biggest tax demand of Rs 7,000 crore in the country

Life Insurance Corporation of India, the largest insurer of the country, has over Rs 7,000 crore (Rs 70 billion) in tax demand pending against it, the biggest across various categories.The list of......