The RBI has eased restrictions on lending to non-bank finance companies and microfinance institutions by lowering risk weights for bank credit. This move aims to boost lending capacity and support economic growth, reversing the slowdown observed after previous regulatory measures.
A new policy is in works to extend the lifespan of national highways. ‘White-topping’, involving a concrete overlay on bituminous pavement, could prolong the life […]
Finance minister Nirmala Sitharaman announced duty exemptions on capital goods used in manufacturing lithium-ion batteries to boost domestic production essential for electric vehicles and mobile […]
The Union government’s efforts on infrastructure development and investments in critical sectors such as railways, defense, power, and data centers is expected to drive growth […]
