On non-banking financial companies (NBFCs), Nagaraju said both government-owned and private NBFCs play a significant role in funding infrastructure and reaching borrowers underserved by banks. "While NBFCs have shown strong growth, profitability, and outreach, he noted the continuing debate
Hyderabad (Telangana) [India], February 2: Ignite IAS, one of South India's premier civil services preparatory academies, marked the 77th Republic Day with grandeur, patriotic fervor, and a renewed commitment to nurturing the next generation of responsible, ethical, and visionary civil serva
India's Chief Economic Adviser V. Anantha Nageswaran on Tuesday said that boosting the manufacturing sector is crucial for strengthening the rupee over the medium term and for bringing down the cost of capital in a meaningful manner. He noted that countries with strong and stable currencies
India's 2026-27 Union Budget reinforces a "whole-of-country" approach to industrial development, with a strong emphasis on public-private collaboration in strategic sectors such as semiconductors, rail infrastructure and rare earths, V. Vualnam, Secretary, Department of Expenditure, Minis
State Bank of India (SBI), on Monday, took a step towards financing for the next-generation growth sectors with the launch of 'CHAKRA,' a Centre of Excellence (CoE) dedicated to sunrise industries. The initiative aims to power financing for sectors critical to India's economic transformation
New Delhi [India], February 2: India's entrepreneurial landscape continues to evolve rapidly, driven by innovators who are redefining industries through resilience, creativity, and impact-led leadership. From education and technology to digital services, consulting, and media, a new generati
Speaking on the Union Budget 2026-27, Indian Council of Medical Research (ICMR) Director General Rajiv Bahl noted that the government has initiated a significant push to transform the country's pharmaceutical landscape by addressing regulatory gaps and enhancing research infrastructure. S
The committee should address some matters such as ownership structure and voting rights of promoters as these continue to dampen private sector and foreign investor participation, ICRA said in its report. Finance Minister had said, the High Level Committee on Banking for Viksit Bharat will c
The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis
The Union Budget 2026 has signalled a sustained policy push for India's pharmaceutical and life sciences sector, with a strong emphasis on biopharma innovation, research infrastructure and affordability, even as direct tax incentives remain unchanged, noted EY's Budget sectoral alert.
Uttar Pradesh Chief Minister Yogi Adityanath on Monday lauded the Union Budget 2026-27, asserting that the budget fulfils the aspirations of Uttar Pradesh with its special focus on Micro Small, and Medium Enterprises (MSME) sector.
The Union Budget 2026-27 focuses on fortifying the Indian economy against global volatility through strategic investments in technology, healthcare, and grassroots entrepreneurship. Industry experts hail the government for their push for strengthening the country's biopharma sector, as we