Govt clears Rs 20,000 crore credit guarantee scheme for MFIs; funding access in focus

The government has approved a limited-period Rs 20,000-crore credit guarantee scheme aimed at easing fund flow constraints faced by microfinance institutions (MFIs), according to a PTI report.The Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) will cover loans disbursed by member lending institutions (MLIs), including banks and other lenders, to non-banking finance company-MFIs and MFIs till…

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Who is Saurabh Luthra? Award-winning restaurateur; main accused in Goa nightclub fire | India News

(Image credits: LinkedIn @Saurabh Luthra) Police initially suspected a cylinder blast, but a tourist who survived claimed fireworks went off during a dance performance and were the likely cause. The deceased included four tourists and 14 staff members, while the identities of seven others were still being confirmed.Follow live updates of Goa nightclub tragedyChief minister…

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‘Year of tariff consequences’: Global trade in 2026 — another rough patch ahead?

The year 2025, reshaped global commerce in ways not seen for decades, moving into another uncertain phase, as pressures on growth and stability are expected to intensify. So will 2026 be another turbulent patch for global trade?Global merchandise trade managed to stay resilient through 2025, even as US President Donald Trump pushed ahead with higher…

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