Finance Minister Nirmala Sitharaman announced a new credit guarantee scheme for MSMEs to support term loans and enhance manufacturing capacity. The scheme, soon to be presented to the Cabinet, will provide collateral-free guarantees for loans up to ₹100 crore. This initiative follows the success of the Emergency Credit Line Guarantee Scheme during the pandemic, aiming…
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The Kerala government is considering expanding health insurance coverage to include the “missing middle” – those who cannot afford any health insurance but are not currently covered under the Ayushman Bharat-Karunya Arogya Suraksha Padhati (AB-KASP) scheme. This expansion may involve collecting a premium from existing beneficiaries to help sustain the scheme, which has been facing…
Leonard Glenn Francis, also known as “Fat Leonard,” has been sentenced to 15 years in prison for masterminding a massive bribery and fraud scheme targeting the U.S. Navy. He was ordered to pay $20 million in restitution and a $150,000 fine. Francis fled house arrest in 2022, but was detained in Venezuela while trying to…
Hyundai has introduced a sporty new edition of the Verna sedan with a rear spoiler, giving it a more aggressive look. The car is available in a new color option called Amazon Grey, along with a total of 8 monotones and 2 dual-tone shades. The Verna is priced starting from Rs 11 lakh and goes…
The Kerala Chief Minister announced free health insurance coverage for Sabarimala devotees, providing up to Rs 5 lakh for the kin of pilgrims who pass away during the pilgrimage. The state government is preparing for a huge rush by deploying police officials and volunteers, increasing parking facilities, and displaying restaurant rates in multiple languages. Health…