The government is launching a term-loan facility for MSMEs to buy modern plant and machinery, following the success of the Emergency Credit Line Guarantee Scheme (ECLGS), a working capital loan facility that prevented millions of MSMEs from going bankrupt by giving them liquidity during the COVID period.
While public issues raised a total of ₹ 17,109 crore in August, it was followed by ₹ 11,058 crore in September and an all-time monthly record of around ₹ 38,700 crore in October. Previously, November 2021 held the record for the maximum IPO fundraising at ₹ 35,664 crore.
Since Sep 2022, 214 tons have entered the nation as the government and RBI sought to protect their holdings in the face of increased geopolitical unrest worldwide.
In India, the Lulu group owns malls in Kochi, Bangalore, Lucknow, Coimbatore, Trivandrum, Palakkad, Hyderabad and Calicut.
All India Cabin Crew Association in a letter recently to Chief Labour Commissioner New Delhi said compelling crew members to share rooms during overnight layover is a draconian move.
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The UK has also indicated plans to increase its military and economic presence in the Indo-Pacific to support regional stability, including proposals for increased navy patrols to boost maritime security, combat illegal fishing and respond to natural disasters in the region.
The decision follows an internal audit and financial assessment by the trustees, which revealed a sharp increase in staffing expenses, estimated at over ₹180 crore.
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