Government Policies
The Indian government has unveiled a new credit guarantee scheme designed to provide collateral-free loans up to ₹100 crore to Micro, Small, and Medium Enterprises (MSMEs). This initiative aims to facilitate capital investment in the manufacturing sector, enabling MSMEs to acquire machinery and equipment without the need for collateral or third-party guarantees. Key
National
The All India Bank Officers’ Confederation (AIBOC), representing a significant number of bank officers across the country, has announced plans to initiate a two-day nationwide strike. The proposed industrial action is in response to prolonged delays in wage revisions and other unresolved issues concerning bank officers. Key Issues Leading to the Strike Wage Revision
State News
Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai has achieved the prestigious Level 4+ Airport Customer Experience Accreditation from Airports Council International (ACI). This makes it the first airport in India and only the third in the world to receive this distinguished recognition. A Landmark Achievement in Airport Service The ACI Level 4+
Government Policies
Leading international alcohol producers, such as Diageo, Pernod Ricard, and Carlsberg, are collectively seeking approximately $466 million in outstanding payments from the Indian state of Telangana. This financial dispute underscores the challenges faced by liquor companies operating within India’s state-regulated alcohol market. Background of the Dispute In India,
Law & Order National
The Supreme Court of India has directed lower courts nationwide to refrain from admitting or issuing orders in cases seeking surveys of mosques. This directive will remain in effect until the Supreme Court concludes its examination of the Places of Worship (Special Provisions) Act, 1991. Review of the Places of Worship Act The Supreme Court […]