Private sector banks have emerged as the key drivers of credit disbursement to Micro, Small, and Medium Enterprises (MSMEs) under the Priority Sector Lending (PSL) framework, with their lending soaring nearly threefold over the past five years. The total credit extended by private banks to MSMEs surged from ₹4.56 lakh crore in 2019 to ₹12.64…
Advertisment Stocks fell on Thursday, with equities unable to shake a three-week market rout under the weight of new tariff threats from President Donald Trump. The Dow Jones Industrials crumbled 537.36 points, or 1.3%, to 40,813.57, its fourth day of declines. The S&P 500 sank 77.78 points, or 1.4%, to 5,521.52,…
Sam Jones and Nadia Budihardjo discuss the seat of Curtin ahead of the looming federal election. Source link
The fourth meeting of Andhra Pradesh State Investment Promotion Board (SIPB) on Thursday, chaired by Chief Minister N Chandrababu Naidu in Amaravati, approved investments worth ₹1,21,659 crore from 10 companies in diverse industries including power and tourism. The approved investments included Premier Energies in Naidupeta (₹1,742 crore), Dalmia Cement in Kadapa (₹2,883 crore), Lulu Global International…
Meta (NASDAQ:META) is seeking to stop the promotion of a new memoir by a former staffer that paints the social media company in an unflattering light, including allegations of sexual harassment by the company’s policy chief. An emergency arbitrator ruled Thursday that Sarah Wynn-Williams is prohibited from promoting “Careless People,” her book that…
The labour hire firm contracted to employ staff for this year’s WA election insists it hired the number of staff it was contracted to hire, after revelations staffing fell well short of what was tendered for. Source link
Cement stocks such as Dalmia Bharat, Ramco Cements, ACC Ltd and UltraTech Cement are in focus today after the Tamil Nadu Government notified the levy of a mineral-bearing land tax of ₹160 per tonne on limestone in the State. The move would increase cement production costs, which analysts believe will hurt margins unless the cost…
Equities in Canada’s largest market gained some traction Wednesday, as investors worried over the latest escalation in the trade war after Canada imposed retaliatory tariffs in response to U.S. levies on steel and aluminum imports kicking in. The TSX Composite Index popped 196.62 points to 24,444.82 The Canadian dollar progressed 0.28 cents…
Lifeline WA is well known for helping people in their hour of need but for legally blind Tammey Candeloro it wasn’t the organisation’s crisis support line that came to her rescue. Source link
Chennai recorded a 29 per cent year-on-year (YoY) growth in warehousing transactions volumes in 2024, the highest among India’s top eight markets, according to a study by Knight Frank India, a renowned international property consultancy firm. The city saw 5.8 million sq ft (mn sq ft) of transactions, largely driven by the manufacturing sector. Chennai…