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    1. Business News
    2. Authors
    3. prasanta sahu

    Prasanta Sahu

    world bank, infrastructure, economic growth, weather, Investment
    Indian cities need $2.4 trillion for climate infrastructure by 2050: World Bank

    Indian cities need over $2.4 trillion by 2050 for resilient, low-carbon infrastructure, says World Bank. With urban populations doubling, urgent…

    By Prasanta Sahu
    July 23, 2025 00:11 IST
    pension, money, retirement, UPS, NPS, tax, employees
    Guaranteed pension may be sweetened further

    The Centre may sweeten the guaranteed unified pension scheme (UPS) with new benefits, including pensions for dependent children and extended…

    By Prasanta Sahu
    July 22, 2025 23:32 IST
    loans, Comptroller and Auditor General of India, CAG, Rajya Sabha, Supreme Court
    Some states stick to off-budget loans: Centre

    Despite the Centre’s move to curb off-budget borrowings for fiscal transparency, states raised Rs 29,336 crore via such means in…

    By Prasanta Sahu
    July 22, 2025 20:40 IST
    TDS, IT Bill, Income Tax Act, money, Lok Sabha, money, tax
    Select panel proposes key taxpayer-friendly changes to I-T Bill

    The Select Panel on the Income Tax Bill, 2025 recommends key taxpayer-friendly changes, including GAAR refinement, inter-corporate dividend deductions, relaxed…

    By Prasanta Sahu
    July 21, 2025 22:00 IST
    credit cart, MSME, sme, CGTMSE, Udyam portal, Credit Guarantee Fund for Micro Units
    Low-cost credit cards for micro firms on the cards

    The government plans to launch low-cost credit cards with Rs 5 lakh limits for micro enterprises, offering affordable interest rates…

    By Prasanta Sahu
    July 20, 2025 19:14 IST
    Scheduled Caste, SC, Scheduled Tribe, ST, entrepreneurs, sme,
    Revised Stand-Up India scheme likely by September

    The Centre plans to relaunch the Stand-Up India scheme by September 2025, doubling loan limits to Rs 2 crore for…

    By Prasanta Sahu
    July 18, 2025 20:08 IST
    ONGC, BPCL to Secure 50% Saudi Crude for New JV Refineries. (Image Source: Reuters)
    50% crude purchase guarantee to cement Aramco’s mega JVs with ONGC, BPCL

    India’s ONGC and BPCL, in joint ventures with Saudi Aramco, are expected to commit to sourcing at least 50% of…

    By Prasanta Sahu
    July 17, 2025 21:01 IST
    inflation, economy, retail inflation, CPI inflation, Consumer Price Index
    Benign inflation doesn’t signal demand slowdown: Analysts

    Retail inflation eased to a 6-year low of 2.1% in June 2025, driven by a high base and food disinflation.…

    By Prasanta Sahu
    July 15, 2025 21:02 IST
    small firms, CPSE, industry, MSMEs, manufacturing, Government e-Marketplace
    Share of small firms in CPSE purchases crosses 42%

    CPSEs’ procurement from MSEs rises to 42.2% in FY26, surpassing the 25% mandate. Of Rs 35,090 crore purchases, Rs 15,224…

    By Prasanta Sahu
    July 15, 2025 20:22 IST
    Tariff, India, exports, US, india-US, economy, bilateral trade agreement
    Tariff tweaks: India to gain in over half of exports to US

    India set to benefit from new US tariff structure, gaining competitive edge in over 60% of its exports to the…

    By Prasanta Sahu
    July 14, 2025 21:06 IST
    India Revamps CKYC Norms for Seamless Financial Services, Enhancing User Comfort. (Image Source: Twitter)
    Financial sector regulators to issue revamped CKYC norms soon

    India’s finance ministry has issued revised Central Know Your Customer (CKYC) guidelines to financial regulators, aiming to standardize e-KYC norms,…

    By Prasanta Sahu
    July 13, 2025 20:09 IST
    States' Capex Loans From Centre Double to Rs 30,000 Cr So Far in FY26, Reforms Linked. (Image Source: Freepik)
    Capex loan release faster this year, states get Rs 30,000 crore

    The Centre’s interest-free capital expenditure loans to states have more than doubled to Rs 30,000 crore this fiscal, with projections…

    By Prasanta Sahu
    July 13, 2025 17:12 IST
    Govt, RBI weigh options on NBFC entry into banking
    Govt, RBI weigh options on NBFC entry into banking

    Enablers to create large global banks also being discussed

    By Prasanta Sahu
    July 11, 2025 19:33 IST
    India Shifts NHCX Oversight to Finance Ministry to Combat Hospital Overcharging. (Image Source: Pexels)
    Government to tighten oversight of claims portal to check inflated hospital bills

    India’s government plans to move the National Health Claims Exchange (NHCX) from the health ministry to the finance ministry, placing…

    By Prasanta Sahu
    July 10, 2025 22:02 IST
    India's CPSEs & Key Agencies Drive 15% Capex Growth in Q1 FY26. (Image Source: Twitter)
    Capex by CPSEs, NHAI and Railways up 15% in Q1

    India’s Central Public Sector Enterprises (CPSEs), Indian Railways, and NHAI collectively achieved a 15% year-on-year capital expenditure growth in Q1…

    By Prasanta Sahu
    July 10, 2025 20:13 IST
    Commercial LPG cylinder prices reduced by Rs 33.5 from August 1 --- What is the revised cost? (Image: PTI)
    Govt may offer Rs 35,000-cr to OMCs to cover LPG losses

    India’s Finance Ministry is set to finalize a Rs 32,000-35,000 crore compensation fund for state-owned oil marketing companies (OMCs) to…

    By Arunima Bharadwaj
    July 10, 2025 18:56 IST
    IDBI Bank Strategic Sale Nears October Completion, Government Aims for Major Disinvestment Boost. (Image Source: PTI)
    ‘IDBI Bank strategic sale to be completed by October’

    The strategic sale of IDBI Bank, involving a 60.72% stake from the government and LIC, is on track for completion…

    By Prasanta Sahu
    July 10, 2025 05:22 IST
    PM SVANidhi 2.0 to Launch Soon, Offering Enhanced Loans & UPI-Linked Credit Cards for Street Vendors. (Image Source: Twitter)
    PM SVANidhi Scheme 2.0 soon, street vendors to benefit

    The Centre is set to launch PM SVANidhi Scheme 2.0, providing street vendors with working capital loans up to Rs…

    By Prasanta Sahu
    July 8, 2025 20:35 IST
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    Latest News

    Sanjeev Kumar, Co-founder and CTO, Meesho

    ‘In e-comm, affordability beats speed, ’ says Sanjeev Kumar, Co-founder and CTO, Meesho

    India’s FWA Market Emerges as Top Asia Growth Opportunity Amid Narrowing Gap with Fibre

    India emerges as key FWA market in Asia

    Meesho IPO Opens December 3 with ₹105–111 Price Band; Focus on AI, Tech Upgrades, and Simplicity

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    Vembu raises alarm over unchecked Agentic AI use

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    RBI rolls out simpler rules, makes compliance easier

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