Govt launches (DIA scheme) Diamond Imprest scheme to boost exports protect domestic industry Government Launches Diamond Imprest Scheme to Boost Exports and Protect Domestic Industry Introduction In an effort to sustain India’s leadership in the global diamond sector, the Department of Commerce has announced the new Diamond Imprest Authorization (DIA) Scheme. Set to be implemented in April, this initiative aims to revitalize the diamond industry, which has been facing declining exports and job losses. Key […]

Enhanced budget support for small businesses, startups on cards Enhanced Financial Support for Startups and Small Businesses in 2025-26 Union Budget The Union Budget for 2025-26 is anticipated to significantly bolster financial support for startups and small businesses, which constitute nearly one-third of India’s economic output. The central government is committed to ensuring these enterprises receive sufficient working capital, trade finance, and growth funds on favorable terms. Key Financial Support Measures Government Initiatives The anticipated […]

100% FDI for Insurance Intermediaries: FDI Insurance Reforms Introduction to FDI Insurance Reforms The Indian government’s recent move to increase the foreign direct investment (FDI) cap in the FDI for Insurance Intermediaries sector from 49% to 100% is a landmark reform that promises to reshape the country’s insurance landscape. This reform aims to attract greater foreign investment, foster competition, and introduce global best practices into the Indian insurance industry. The significance of this reform cannot be overstated. […]

One Nation One Subscription: Facilitating Free Access to International Academic Journals On November 25, 2023, the PM led Union Cabinet approved a landmark program—One Nation One Subscription. This initiative, aligning with the Anusandhan National Research Foundation (ANRF), the National Education Policy (NEP) 2020, and Viksit Bharat @ 2047, aims to provide nationwide digital access to top-tier academic research articles and journals. The government has allocated ₹6,000 crore to this project for the next three years, […]

NBFC’s Face Slower Growth Amid Asset Stress and Rising Fund Costs Overview Non-Banking Financial Companies (NBFCs) are experiencing mixed results as they navigate asset stress and increased funding costs. The recent regulatory changes by the Reserve Bank of India (RBI) and a slowdown in bank credit flow have added to the challenges. Below is an insightful analysis of the current landscape and projections for NBFCs including detailed financial trends and strategic implications. Key Insights September […]