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Cabinet approves Rs 10,000-crore SME Growth Fund and new authority to plan transport and logistics

The Indian government has approved a ₹10,000-crore SME Growth Fund aimed at supporting small and medium enterprises. Additionally, an Integrated Transport & Logistics Authority has been established to enhance transport infrastructure planning. This fund is intended to address equity capital gaps currently faced by SMEs and facilitate their growth. ITLA will create a comprehensive National…

Cabinet approves Rs 10,000-crore SME Growth Fund and new authority to plan transport and logistics

We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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State Street Technology ETF vs iShares Technology ETF

XLK's lower fees and higher dividend yield appeal to cost-conscious investors, while IYW's broader portfolio of 149 holdings offers diversification across the Russell 1000 landscape.

  • XLK tracks capped Russell 1000 index, while IYW follows S&P 500 technology components
  • XLK has 78 components, IYW has 154, indicating different concentration levels
  • Both ETFs distribute dividends with respective trailing-12-month yields

Tinubu: Nigeria Has Witnessed Major Drop In Crude Oil Revenue Reliance

.Vows to pursue energy transition suited to the nation’s needs, expand gas supply for power, industry Deji Elumoye in Abuja President Bola Tinubu on Tuesday announced a massive drop in

  • President Bola Tinubu announced a major decline in Nigeria's dependence on crude oil revenues.
  • Renewed Hope Agenda has propelled Nigeria toward growth across various sectors.
  • Investors attracted to better deals are returning to Nigeria.

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