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Emergency Credit Line Guarantee Scheme

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FM seeks additional Rs 2.35 lakh crore to meet expenses

Union Finance Minister Nirmala Sitharaman on Monday sought the Parliament nod for additional spending of Rs 2.35 lakh crore, which include cash outgo of Rs 1.66 lakh crore, primarily to meet......

Full Text: President's joint address to both houses of Parliament

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022. IMAGE: A word cloud of President Ram Nath......

What Prime Minister told the nation

This is the full text of Prime Minister Manmohan Singh's address to media persons ahead of his interaction with them in New Delhi on FridayFirst, let me wish you all a very happy New Year. Let me......

When Chennai floods forced Chief Minister MGR to shift homes

For all the blame-game over the flood preparedness in Chennai and elsewhere in Tamil Nadu and Puducherry, this is not the first of its kind. Nor would it be the last, given the nature of the......

Can the Congress re-invent itself again?

Both the Congress and the UPA government are racing against time to try and revamp their image with the people. The new direct benefit transfer schemes, the proposed food security bill, the land......

Cabinet okays Rs 3 lakh cr emergency credit line for MSMEs

The Union Cabinet on Wednesday approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25 per cent through the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME......

How will govt's credit guarantee scheme 2.0 work?

The government on Thursday said it has extended the Emergency Credit Line Guarantee Scheme (ECLGS) to the health sector and 26 other sectors identified by the Kamath Committee. The National Credit......

SpiceJet plans to lay off 1,000 people

Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft......

Rs 2,000 crore loans to Go First are now NPA: Central Bank of India

Central Bank of India classified its loans to Go First as non-performing assets (NPAs) in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). Photograph: ANI Photo The no-frills......

Bank credit likely to grow at 4-year high of 11-12% in FY23

Bank credit is likely to grow at a four-year high of 11-12 per cent in fiscal 2023, on the back of better economic growth and budgetary support from the government, according to a report.......

'2022 will be blockbuster year for films'

'We will see footfall returning to pre-COVID levels by January.' Photograph: Kamal Singh/PTI Photo In the words of Joni Mitchell, you don't know what you've got till it's gone. Maybe a year......

It's going to end by me getting a clean chit: Modi

FormerIndian Premier League (IPL) commissioner Lalit Modiin his first full interview since his suspension as commissioner of the Twenty20 league in April believes he is innocent and is confident of......

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