The International Finance Corporation (IFC), a member of the World Bank Group, has launched an $8 billion MSME Finance Platform aimed at boosting financing for micro, small, and medium enterprises (MSMEs). This initiative, announced on Tuesday, is designed to...
PayU's new product suite gives easy access to credit
PayU, India’s leading online payments solutions provider, has introduced a full-stack, versatile product suite to provide simplified access to credit for PayU’s 3.5 lakh merchants. PayU has launched three products –...
The World Bank has communicated to the Ministry of MSME that, in its Board meeting dated 4th June 2021, it has approved a loan of US $500 million (₹ 3750 Cr) to assist the Government of India’s program “Raising...
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated in the 103rd Meeting of the Development Committee Plenary via video conferencing here today. The items on the agenda included World Bank Group (WBG) and International Monetary Fund Support for...
Financial Year (FY) 2020-21 witnessed strong Foreign Portfolio Investment (FPI) inflows into the Indian equity markets of Rs 2,74,034 crore, thus, reflecting steadfast confidence of foreign investors in the fundamentals of the Indian Economy.
FY 2020-21
Net investment in Equity (in Rs...
The largest bio-technology conglomerate Global Bio-India 2021 was inaugurated by Dr. Harsh Vardhan, Union Minister of Science & Technology, Earth Sciences and Health & Family Welfare 1st March 2021. Smt. Nirmala Sitharaman, Union Minister of Finance & Corporate Affairs...
The Union Minister of Skill Development and Entrepreneurship Dr Mahendra Nath Pandey chaired a function ‘Transforming skilling through strategic partnerships under SANKALP’ and rolling out of the Mahatma Gandhi National Fellowship (MGNF) and other initiatives today.
SANKALP (Skills Acquisition and...
The first consultative meeting on asset monetization was held here today, organized by Department of Investment and Public Asset Management (DIPAM) in partnership with World Bank. Shri Anurag Thakur, Minister of State for Finance and Corporate Affairs inaugurated the...
NITI Aayog and MicroSave Consulting organised an international webinar on 5 June to discuss and share lessons from India’s successful cash support payments to the most vulnerable during the Covid-19 pandemic.
Panelists for the webinar included NITI Aayog CEO Amitabh...
The Government of India and the Asian Infrastructure Investment Bank (AIIB) signed a US$ 500 million “COVID-19 Emergency Response and Health Systems Preparedness Project” here today to help India to respond to the COVID-19 pandemic and strengthen its public...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
