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broadcast
Business ECLGS 5.0 Guarantees Cross 1 Lakh Mark, MSMEs Get 96% of Coverage
The Ministry of Finance announced that the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed 1 lakh guarantees, with total guaranteed amount exceeding ₹48,000 crore. MSMEs secured 96% of guarantees by number and 86% by amount, while Public Sector Banks accounted for 96% of all guarantees issued. The scheme aims to inject ₹2.55 lakh crore in additional credit to address liquidity challenges stemming from the West Asia crisis.
Trade BBC World Service Highlights African Billionaires
BBC World Service features Tanzanian billionaire Mohammed Dewji, discussing his wealth accumulation and philanthropic efforts. The program highlights the growth of billionaires in Africa.
Business India's Retail Inflation Hits 3.93% in May, Fifth Straight Month of Rise
India's retail inflation accelerated to 3.93% in May 2026 on an annual basis, rising for the fifth consecutive month, according to data from the Ministry of Statistics and Programme Implementation. Food inflation edged up to 4.78%, while rural inflation at 4.25% outpaced urban at 3.53%. Despite global energy volatility, domestic inflation remained within the Reserve Bank of India's tolerance limit.
Logistics FreightWaves Today: A New Era for Supply Chain Intelligence
FreightWaves Today launches on June 1, providing the supply chain industry with real-time market intelligence and executive insights. This daily broadcast aims to centralize logistics discussions, featuring industry leaders like Shelley Simpson and Eugene Seroka.