Maharashtra government to launch Chief Minister’s Employment Generation Programme for MSMEs

The Maharashtra government has decided to launch the Chief Minister’s Employment Generation Programme for Micro, Small and Medium Enterprises (MSMEs), which will create 10 lakh jobs in the next five years. The flagship programme of the Industries Department will have ..

UNCTAD releases World Investment Report 2019

According to UNCTAD’s World Investment Report 2019, Foreign Direct Investment (FDI) into India increased by 6% to $42 billion in 2018 with strong inflows in manufacturing, communication, financial services and cross-border merger and acquisition activities making it the sub-region’s largest ..

ADB to provide loan to India for railway track electrification project

The Asian Development Bank (ADB) has signed an agreement to provide long-term financing of $750 million equivalent in Indian rupees to fund the Railways track electrification project. It is the largest single non-sovereign loan ever committed by ADB to Indian ..

SBI ties up with FMCG arm of Art of Living

The State Bank of India (SBI) has announced a strategic partnership with the FMCG arm of The Art of Living — Sri Sri Tattva. Under this partnership, YONO users can avail a discount of 15% on the entire range of ..

Nandan Nilekani committee submits report on digital payments to RBI

A Reserve Bank of India (RBI) – appointed committee headed by Aadhaar architect Nandan Nilekani submitted its report on promoting digital payments to RBI Governor Shaktikanta Das on May 17. The RBI will examine the recommendations of the committee and ..

ICICI Bank launches co-branded multi-currency travel card with Goibibo

ICICI Bank has launched a co-branded multi-currency card with online travel booking portal Goibibo. Anyone travelling abroad, whether they hold an ICICI Bank savings account or not, can apply for the Goibibo ICICI Bank Travel Card on the Goibibo website ..