Mumbai, July 9 (IANS) India’s private credit market is set for sustained expansion over the coming years, driven by growing awareness, regulatory support, digital innovation and rising demand for alternative financing, industry leaders said on Thursday. Speaking to IANS on the sidelines of IVCA Private Credit Summit 2026 here, they said private credit is emerging as a mainstream asset class that complements traditional bank lending, particularly for startups, MSMEs and mid-market businesses seek…

Melbourne, July 9 (IANS) Prime Minister Narendra Modi on Thursday emphasised the credibility and capability of India’s defence platforms while highlighting the military action during Operation Sindoor as proof of India’s growing prowess. He said that echoes of India’s strikes on terror camps were heard across the world. In his address at the Indian community event ‘Melbourne meets Modi’ on Thursday, PM Modi said, “The world is witnessing the capability and credibility of India’s defence platform…

Srinagar, July 9 (IANS) Jammu and Kashmir Chief Minister Omar Abdullah on Thursday called for a paradigm shift in the region’s tourism strategy, urging policymakers, industry stakeholders and local communities to move beyond volume-driven tourism towards a value-based and sustainable tourism model that safeguards the fragile ecology while ensuring long-term economic prosperity. Addressing the inaugural session of the Conclave on Sustainable Tourism Planning, Designing Tourism for Tomorrow, organ…

Guwahati, July 9 (IANS) Assam Chief Minister Himanta Biswa Sarma on Thursday said the next phase of Guwahati’s urban expansion will focus on developing a network of interconnected satellite cities to decongest the state capital and improve the quality of urban life. In a post on the social media platform X, Sarma said the proposed urban hubs would support Guwahati’s growing population and economic aspirations while ensuring planned, sustainable development.”The next phase of Guwahati’s urbanisat…

Mumbai, July 9 (IANS) The Nationalist Congress Party (NCP) Legislature Party on Thursday requested the Maharashtra government to recommend the name of the late NCP National President and former Deputy Chief Minister, Ajit Pawar, for the prestigious Padma Vibhushan (Posthumous) award.NCP Chief Whip in the state Assembly Chetan Vitthal Tupe (Patil) has sent a letter on behalf of all NCP Members of the Legislative Assembly (MLAs) and Legislative Council (MLCs) to Chief Minister Devendra Fadnavis, u…

Mumbai, July 9 (IANS) Launching a scathing attack on Maharashtra Chief Minister Devendra Fadnavis over the recent water leakage inside the Mumbai-Pune Expressway ‘Missing Link’ tunnel, Maharashtra Navnirman Sena (MNS) Chief Raj Thackeray on Thursday accused the MahaYuti government of hiding its failures behind emotional rhetoric. Addressing the anniversary event of the MNS Railway Kamgar Sena, the MNS Chief questioned the Chief Minister’s defence in the Legislative Assembly and hit back at his r…

Hyderabad, July 9 (IANS) Ramagundam Fertilisers and Chemicals Limited (RFCL) in Telangana’s Peddapalli district has been shut down due to a leakage in its ammonia pipeline.Urea production at the public sector company has come to a halt following the shutdown of all units in the plant due to the leakage.According to sources, technical problems led to the leakage. As the problem could not be rectified, the plant was shut down. It may take at least one week to resume production after rectifying t…

New Delhi, July 9 (IANS) Under Lieutenant Governor T.S. Sandhu’s monitoring, the DDA has completed the desilting of stormwater drains in the East, South and North Zones, registering an over 70 per cent increase in dust removal, an official said on Thursday. The works in the Narela, Rohini and Dwarka Zones are in the final stages of completion, the official said in a statement.The Delhi Development Authority (DDA) had undertaken desilting work in mission mode to strengthen the drainage infrastr…

New Delhi, July 9 (IANS) The Delhi High Court on Thursday reserved its verdict on a plea filed by former Congress MLA Rajendra Bharti seeking a stay on his conviction in the 1998 Rural Development Bank fraud case, and said it would pronounce its decision on Friday. A single-judge Bench of Justice Manoj Jain reserved the order after hearing arguments on Bharti’s application seeking suspension of his conviction awarded by a Special MP-MLA court in New Delhi.Bharti has sought a stay on his convicti…

Guwahati, July 9 (IANS) Assam Chief Minister Himanta Biswa Sarma on Thursday said the state has witnessed a sharp increase in the number of registered Micro, Small and Medium Enterprises (MSMEs), asserting that the sector has emerged as a major driver of employment generation and economic growth. In a post on social media platform X, Sarma said Assam currently has 17.29 lakh registered MSMEs operating across various sectors and stressed that the government aims to further expand the ecosystem.”T…