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BusinessPhoto: The News Minute

Differences Between MSME Loan Schemes and Business Loans for Small Businesses

Small businesses in India can access funding through government-backed MSME loan schemes or regular business loans. MSME schemes offer loans via participating lenders, subsidies, or credit guarantees, while business loans depend on lender assessments and terms. For example, Bajaj Finance provides loans from Rs. 2 lakh to Rs. 80 lakh with repayment tenures of 12 to 96 months. Choosing the right option depends on funding needs, eligibility, and repayment capacity.

The News Minute·

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World

India Evacuates Tens of Thousands Ahead of Cyclone Arnab

India has evacuated tens of thousands of people as the 'very severe' Cyclone Arnab approaches. The cyclone's impact is expected to reach up to the Krishna district, with Andhra Pradesh on high alert. The Home Ministry has directed state governments to take precautionary measures to ensure safety amid the approaching storm.

Al Jazeera·

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Business

Regal Global Entertainment Completes Loan Refinancing After Moody’s Upgrade

Regal Global Entertainment has successfully completed its loan refinancing following an upgrade in its credit rating by Moody’s. This refinancing move comes as a result of the improved rating, which reflects the company’s stronger financial position. The upgrade by Moody’s has enabled Regal Global Entertainment to secure better loan terms and enhance its financial stability.

KuCoin·

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Business

UK Businesses in Financial Distress Reach Two-Decade High

The number of UK businesses experiencing financial distress has reached its highest level in two decades, according to recent reports. This indicates significant economic challenges for companies across the country, reflecting broader financial pressures in the business sector. The Guardian highlighted this trend, emphasizing the severity of the situation for UK enterprises.

The Guardian·

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Politics

US Issues 96-Hour Ultimatum to Iran Amid Rising Tensions

Following President Trump's signal, the US military has issued a 96-hour ultimatum to Iran amid escalating tensions. Iran claimed to have shot down a US drone, increasing the risk of conflict. Analysts suggest upcoming US and Israeli elections could influence the war scenario. Iran insists its policies will remain unchanged regardless of war, while threats of nuclear attacks in Tel Aviv have also surfaced.

News18 Hindi·

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World

India's Ministry of Culture Signs MoU with French National Library

India's Ministry of Culture has signed a Memorandum of Understanding (MoU) with the Bibliothèque nationale de France to enhance the preservation of India's manuscript heritage. This collaboration aims to strengthen efforts in conserving and promoting India's valuable historical manuscripts through shared expertise and resources.

Press Information Bureau·

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