New Delhi: The Committee constituted by Reserve Bank of India (RBI) has submitted its report to the central bank recommening that the limit for collateral free lending should be increased to Rs 20 lakh for MSMEs and Self-Help Groups (SHGs), Union Minister for Micro, Small and Medium Enterprises Nitin GadkariRead More →

Leading agro chemical company UPL on July 24 said its wholly-owned subsidiary has arranged EUR 100 million (approximately Rs 768.80 crore) loan at zero interest rate to meet the working capital requirements across the group. UPL Corporation has arranged the financing, and the transaction is expected to be completed inRead More →

HYDERABAD:  A proposed loan worth $300 million or about Rs. 2,000 crore for Andhra Pradesh’s new capital Amaravati has been dropped by the World Bank dropped after the central government reportedly withdrew the application. The World Bank had reportedly sought permission from the centre to conduct an independent investigation into complaints ofRead More →

Copperleaf one of Porvorim’s most busy and well-frequented eatery bagged the Restaurants award 2019, for serving the best coastal cuisine. The award recognizes the restaurant for its splendid work in Goan and coastal cuisine in west India. Located near the NH-66 highway, Copperleaf is in business for three years andRead More →

Goa Chief Minister said the government is committed to make the state drug free. (Representational) PANAJI:  Goa’s rolling hill slopes and restaurants are the new narcotics consumption hubs in Goa, Opposition and ruling party MLAs claimed on Tuesday during the ongoing monsoon session of the state Legislative Assembly. Speaking inRead More →

With an aim to seek recommendations on an e-commerce policy, the Competition Commission of India (CCI) has called for a meeting with the National Restaurant Association of India (NRAI) and consulting firm Ernst and Young on August 30th, reports the Economic Times. CCI’s objective is to seek recommendations from stakeholders onRead More →

 Children in the playground at Trinity St Mary’s Church of England primary school in Wandsworth, south London. Photograph: Richard Saker/The Observer Headteacher Paul Stubbings knows that the pupils at his west London comprehensive school have the right to a free, fully funded state education. Yet he spends a quarter ofRead More →