Government launches credit guarantee scheme for farmers to avail post-harvest loans

With an aim to minimize distress selling by farmers, the government has launched the Credit Guarantee Scheme for e-NWR based Pledge Financing (CGS-NPF). This scheme provides a corpus of Rs 1,000-crore for post-harvest finance availed by farmers against electronic negotiable warehouse receipts (e-NWRs) after depositing commodities in Warehousing Development and Regulatory Authority (WDRA) accredited warehouses. … Read more

Women`s workforce in Indian tech sector to grow 5.5 pc annually in next three years

The overall annual growth in the women's workforce in the tech sector is anticipated to be 5.5 per cent over the next three years, according to a report.  The report by TeamLease Digital showed that the Women's Workforce Participation Rate (WPR) in the tech industry in India is projected to experience growth, rising from 10.8 … Read more

India`s gold jewellery purchase poised to surge 18 per cent in 2024-25: ICRA

The domestic gold jewellery consumption (in value terms) is expected to continue its momentum in the current financial year with an estimated growth of 14-18 per cent year-on-year, according to an ICRA report released on Tuesday.  This follows the sharp growth of 18 per cent in 2023-24, which was primarily driven by realisations even as … Read more

Giriraj Singh rolls out red carpet for Japan`s Uniqlo to invest in PM Mitra Parks

 Textiles Minister Giriraj Singh has invited Japanese brand Uniqlo to invest in PM’s Mega Integrated Textile Region and Apparel (PM MITRA) Parks as India targets a textiles market size of 350 billion to 100 billion dollars in exports by 2030, according to an official statement issued on Tuesday.  The minister held a meeting here with … Read more

India`s private sector growth surges to 4-month high in Dec

India's private sector output growth strengthened to its highest level in four months during December, according to the latest HSBC 'flash' PMI data compiled by S&P Global.  The acceleration was reflected in both the manufacturing and service sectors, as companies across the two segments welcomed a faster upturn in new business intakes, the report said. … Read more

GreenLine expands green logistics footprint with Exide Industries partnership

GreenLine Mobility Solutions Ltd, a key player in Essar's Green Mobility initiative, has announced its partnership with Exide Industries, India's largest-selling battery brand.  This collaboration will integrate GreenLine's eco-friendly LNG-powered trucks into Exide’s logistics operations, marking a significant step toward aligning Exide's supply chain with its sustainability goals. By adopting GreenLine's LNG-powered fleet, Exide takes … Read more