MSME lending: RBI nudges banks to link MSME loans to external benchmark; govt lists wider support measures

Banks have been advised by the Reserve Bank of India (RBI) to link loans extended to micro, small and medium enterprises (MSMEs) to an external benchmark in order to strengthen monetary policy transmission, the government informed Parliament on Saturday.In a written reply to the Lok Sabha, Minister of State for MSME Shobha Karandlaje said the…

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US tariffs: ICRA revises India’s apparel export outlook to Negative; operating margins to shrink 200–300 bps

The Indian apparel export sector has seen its outlook revised from Stable to Negative by rating agency ICRA, following an upward revision in US tariff rates, a move expected to dent export revenues in the coming fiscal.As per news agency ANI, ICRA stated, “Lower exports and pressure on pricing [are likely] to contract industry operating…

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‘No runners-up in war’: CDS Chauhan on military conflicts; highlights importance of technology in warfare | India News

NEW DELHI: Chief of Defence Staff (CDS) General Anil Chauhan on Tuesday declared that there are “no runners-up in war,” with his remarks coming amid continuing tensions with Pakistan following the Pahalgam terror attack in April and India’s retaliatory Operation Sindoor in May. Speaking at the Manohar Parrikar Institute for Defence Studies and Analyses (MP-IDSA)…

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India vs Pakistan Asia Cup final: Tension, politics, and cricket collide in Dubai – Everything you need to know | Cricket News

India’s Shivam Dube celebrates with captain Suryakumar Yadav after taking the wicket of Pakistan’s Sahibzada Farhan (Creimas/Asian Cricket Council via PTI Photo) Dubai: Few sporting occasions grip the imagination like an India–Pakistan final. Sunday’s clash — the first Asia Cup summit between the two sides in 41 years — is not just about bat and…

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14 years a Naxal: Woman with Rs 17 lakh bounty surrenders in Chhattisgarh; influenced by development | India News

NEW DELHI: A woman Naxal with a reward of Rs 17 lakh on her head has surrendered in Chhattisgarh on Thursday, marking another significant achievement in the fight against left-wing extremism. Thirty-year-old Kamla Sodi, once a hardcore member of the banned CPI (Maoist), had been active in the Naxal strongholds of the Maad division in…

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From TikTok to YouTube, teens get logged out: Inside Australia’s under-16 ban and the new reality it creates for students

Australia social media ban for under 16 teens now in effect. Australia has become the first country in the world to roll out a blanket ban preventing children under 16 from holding accounts on major social media platforms. The law, passed in 2024 and now in force, comes amid intensifying concerns over online harms, mental…

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