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Daily Archives: March 12, 2025

Holi 2025 Driving India’s Festive Economy

Holi Around the World: Countries That Embrace the Festival of Colors

Holi, the festival of colors, originated in India but has now gained global recognition as a festival of joy, unity, and cultural exchange. While it holds religious and historical significance in India, it has also been embraced by many countries worldwide, each adding its own local flavors and traditions. From grand processions in India to …

Holi Boosts Indian Economy: Traders Expect ₹60,000 Crore in Sales

Holi Boosts Indian Economy: Traders Expect ₹60,000 Crore in Sales

The Holi festival has once again proven to be a significant economic driver for traders and businesses across India. According to the Confederation of All India Traders (CAIT), this year’s Holi sales are expected to surpass ₹60,000 crore, marking a 20% increase from the previous year’s ₹50,000 crore. The demand for Indian-made herbal colors, gulal, …

MSME Sector Sees Continued Growth as NPAs Decline Over the Past 5 Years

MSME Sector Sees Continued Growth as NPAs Decline Over the Past 5 Years

The Micro, Small, and Medium Enterprises (MSME) sector in India has witnessed significant growth in credit availability while experiencing a sharp decline in Non-Performing Assets (NPAs) over the last five years. According to data from the Reserve Bank of India (RBI), total MSME advances have steadily increased, while the gross NPA ratio has dropped from …

Pakistan Jaffar Express: What is the Baloch Liberation Army?

Pakistan Jaffar Express: What is the Baloch Liberation Army?

The Balochistan Liberation Army (BLA) is a separatist group active in Pakistan’s Balochistan province. It aims for an independent Baloch state and has carried out several attacks over the years. The BLA recently hijacked a passenger train, the Jaffar Express and took over 100 people hostage. This deadly attack resulted in the death of at …

Australia and England to Play Historic 150th Anniversary Test at MCG

Australia and England to Play Historic 150th Anniversary Test at MCG

Test cricket is set to witness a monumental milestone as Australia and England lock horns in a special one-off day-night Test match to commemorate the 150th anniversary of the first-ever Test match. Cricket Australia (CA) confirmed that the iconic Melbourne Cricket Ground (MCG) will host this landmark pink-ball Test from March 11 to March 15, …

Government Initiatives to Enhance Credit Access and Finance for MSMEs

Government Initiatives to Enhance Credit Access and Finance for MSMEs

Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in India’s economy, contributing significantly to employment and GDP. To ensure their growth and financial stability, the Government of India, along with the Reserve Bank of India (RBI), has implemented several measures to enhance credit access and ease financing for MSMEs. These initiatives focus on …