Mumbai: The Reserve Bank of India (RBI) has announced a new framework to make loan system in the country more accurate. For this, the RBI has mandated that the credit score will be updated every week instead of every month. The new system will be implemented from April 1, 2026. If this new rule is implemented, now the credit data of customers will be updated every week instead of every month or fortnight.As per the guidelines issued by RBI, banks and financial institutions will now have to send credit data of customers to credit information companies every week. Data reporting…
Author: Melvyn Thomas
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Surat: At a time when the country is facing a short supply of petroleum products due to the fierce war in the Middle East ongoing from the last 14 days, the powerlooom weavers in the country’s largest man made fibre (MMF) hub have made serious allegations against the yarn spinners for harassing airjet weaving manufacturers by putting the orders given before March 10 on hold. According to the information received, the manufacturers of mother yarn had established the All India Mother Yarn Manufacturers Association a few months ago. Recently, due to the increase in the prices of petroleum products due…
Surat: The Southern Gujarat Chamber of Commerce and Industry (SGCCI) inaugurated Surat International Auto Expo 2026, which is the second largest composite expo in India after Delhi, where more than 20 renowned automobile brands are participating. The expo will run from March 13 to March 16 at SIECC, Sarsana in Surat. Auto Expo in Surat is the second largest composite expo in India, in which more than 20 renowned brands like Mini Cooper, Audi, Mercedes, BMW, Jaguar-Land Rover, Tata Motors, Hyundai, Kia, Jeep, MG and MG Select, Renault, Nissan, Skoda, Toyota, Volvo, Citroen and Mahindra have participated. In the two-wheeler…
Vadodara: The Gujarat Pollution Control Board (GPCB) has given a seven days ultimatum to more than six industries in Nandesari industrial area to use material in a way that it does not spread toxic stench and odour. A decade and a half ago, when a pungent stench sometimes spread in Chhani, Nizampura, GPCB used to send teams to the industries. Now, the pungent stench spreads anytime, anywhere. About four days ago, a head-splitting stench spread following which, GPCB has once again undertaken a government-style exercise. About six industries including Nandesari GIDC have received a 7-day ultimatum from GPCB. Under which…
Surat: Surat, known as the diamond and textile city, has once again caught in a big network of adulteration in food items. The police have busted a scam run by two people by raiding a thriving fake ghee factory in ‘Avsar Plaza’ in the city’s Umra Velanja area. This gang had been mixing chemicals in soybean oil and dalda for the last one and a half years and serving poison to people’s kitchens by calling it ‘pure cow ghee’. Based on specific information received by the Uttaran police, an investigation was conducted in Avsar Plaza in the Umra Velanja area.…
Ahmedabad: Due to the fierce war between Israel and America against Iran, rumors have spread across India about the non-availability of LPG gas cylinders, especially in Gujarat, when gas agencies stopped online bookings, rumors spread in big cities like Surat, Ahmedabad, Vadodara, and Rajkot. Like cities such as Mumbai and Delhi, people have now started adopting the permanent option of gas cylinder (induction stone and electric stove). For the last two days, people have started buying induction stoves (electric stoves) to avoid gas cylinder shortages on social media. This trend has continued so much that the sales of induction stoves…
Surat: With the war between Iran and Israel-US has cast a serious impact on the supply chain of raw materials and industrial fuels in the Gulf region and the disruption in shipping routes, the Southern Gujarat Chamber of Commerce and Industry (SGCCI) has made a presentation to the Prime Minister and Gujarat chief minister to facilitate supply with demand for maintaining stable price system for industrial fuels and raw materials. SGCCI president Nikhil Madrasi said that a large part of India’s industrial sector is dependent on raw materials, petrochemical derivatives, liquefied natural gas, crude oil and other essential industrial units…
Gandhinagar: To encourage every citizen to adopt local products and contribute to the vision of Viksit Bharat by 2047, Prime Minister Shri Narendra Modi has launched campaigns such as – ‘Make in India’, ‘Aatmanirbhar Bharat’, and ‘Har Ghar Swadeshi’. Building on this, the Gujarat Government, under the leadership of Chief Minister Bhupendra Patel, is creating urban platforms for local artisans and small-scale industrialists. After successful ‘Swadeshi Melas’, ‘Namo Swadeshi Urban Malls’ will be set up in Ahmedabad, Surat, Vadodara, and Rajkot. Namo Swadeshi Urban Mall: A Permanent Platform for Selling Indigenous Products For Local Artisans The Gujarat Urban Livelihood Mission…
Navsari: Gujarat Governor Acharya Devvratji visited the Organic Sales Center operating at Atal Bihari Vajpayee Road in Navsari city as a joint initiative of Navsari District Panchayat and Navsari Municipal Corporation. At the organic sales centre, which is held every Tuesday and Thursday in Navsari city, farmers practicing natural farming in the rural areas of the district directly sell their agricultural products. Through this sales center, farmers get a suitable market for their products, and healthy and chemical-free natural vegetables and agricultural products are becoming easily available to the citizens of the city. This initiative is becoming an effective system…
Surat: Dileep Sanghani, chairman of Indian Farmers Fertiliser Cooperative Limited (IFFCO) has stated that the current shortage of commercial gas in the state of Gujarat has arisen due to the ongoing war situation in the Middle East and the government’s priority is to ensure that the gas supply continues unabated in the household kitchens across the state. Sanghani visited the diamond city to participate in the Cooperative Conclave 2026 organised by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) at SIECC, Sarsana on Thursday. According to Sanghani, the supply chain has been directly affected by the closure of Hormuz…
