BUSINESS

Prime Minister Narendra Modi today launched a new Central Sector Scheme of financing facility under the Agriculture Infrastructure Fund of Rs. 1 Lakh Crore. The scheme will support farmers, PACS, FPOs, Agri-entrepreneurs, etc. in building community farming assets and post-harvest agriculture infrastructure.These assets will enable farmers to get greater value …

Exploring the massive potential of Online Dispute Resolution (ODR) to enhance the Ease of Doing Business in India, NITI Aayog in association with Agami and Omidyar Network India held a conversation—co-hosted by Confederation of Indian Industry (CII)—with heads of legal firms and industry representatives on 8 August. ‘We are witnessing …

The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020 today. The Regulations require the committee of creditors to fix the fee payable to the liquidator. Where the fee has not been fixed by the committee of creditors, …

The Minister of Commerce and Industry Piyush Goyal has said that India and Japan are looking to have trusted partners from authentic investors. Speaking at the third Edition of the Invest India Exclusive Investment Forum – Japan Edition, through video conference. (Digital Roadshow) for Japanese companies, he said that it …

This is with reference to the ongoing auction process of coal mines for commercial coal mining in India, which was launched by the Nominated Authority, Ministry of Coal, Government of India in June, 2020. Foreign Direct Investment (FDI) Policy, 2017 was amended vide the Press Note 4 of 2019, issued …

The Union Minister of Finance and Corporate Affairs Nirmala Sitharaman today said that the government is working with RBI on the Industry’s need for the restructuring of loans due to the COVID-19 impact. While addressing the National Executive Committee Meeting (NECM) of the Federation of Indian Chambers of Commerce and …

Union Minister of Finance & Corporate Affairs Nirmala Sitharaman attended the 5th Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) through video conference in New Delhi today. Every year at the Annual Meeting, the Board of Governors meet to take key decisions that impact the …

PM Modi will join stakeholders from Banks and NBFCs to discuss and deliberate on vision and roadmap for the future tomorrow evening. The topics on agenda include credit products & efficient models for delivery, financial empowerment through technology, prudential practices for stability and sustainability of financial sector. Banking sector plays …

A case was booked against M/s. Fortune Graphics Limited, M/s. Reema Polychem Pvt. Ltd. & M/s. Ganpati Enterprises, who were found involved in issuance of invoices without any actual supply of goods. The case was detected and developed by the officers on further data analytics out of a case booked …