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The Union Cabinet has approved the establishment of a Rs 10,000 crore SME Growth Fund for small and medium enterprises. This initiative aims to provide equity, liquidity, and professional support to foster growth. Existing funds typically support early-stage micro enterprises, leaving a gap for SMEs needing growth capital. The fund will focus on enterprises in Tier II and Tier III industrial clusters.
Rising oil prices, now exceeding 1%, raise alarms over potential storm disruptions affecting U.S. oil production and refineries. With Brent crude passing $101 per barrel and WTI crude hitting $90.38, concerns are amplified by supply issues from Saudi Arabia and mixed signals on U.S. inventories. Coupled with ongoing tensions between Saudi Arabia and Yemen's Iran-aligned Houthis, analysts predict sustained high prices unless significant diplomatic progress is made.
Stock market recommendations: Zensar Technologies, Netweb Technologies India, and Nippon India ETF Nifty IT - these are the top stocks to buy today on October 7, 2026 as recommended by Mehul Kothari, DVP of Technical Research at Anand Rathi Shares.
The Emmys are set to make a major shift by 2027, transitioning entirely to streaming on Amazon's Prime Video. This move marks the end of a long-standing tradition of major networks sharing broadcast duties. For global audiences, the awards ceremony will be accessible live and free of charge without needing a Prime subscription, showcasing the industry's response to changing viewing preferences.
The man had been employed in Aurangabad. During FY 2018-19, his employer shut down its Aurangabad plant and introduced a financial scheme for its employees. The man opted for voluntary retirement under the scheme and received a total payment of Rs 65,21,105. The amount consisted of ex-gratia/severance pay, early bid and group participation incentives, and payment towards the notice period.
Why does a hike in repo rate hit your pocket? Does the repo rate hike mean an automatic increase in your loan EMIs? Is it better for you to opt for an EMI hike or an extension of your loan tenor? And how does this step from RBI help people looking to invest in fixed deposits? We decode: