Financial Assistance
| March 11, 2024, 5:06 a.m.
Gujarat Chief Minister Launches Schemes to Support Students' Education with Rs 1,650 Crore Allocation
Gujarat Chief Minister Bhupendra Patel inaugurated two schemes aimed at providing financial assistance to students from Classes 9 to 12, with a budget allocation of Rs 1,650 crore. The "Namo Lakshmi Yogana" offers Rs 50,000 over four years to girls in Classes 9 to 12, while the "Namo Saraswati Vigyan Sadhana Yojana" provides Rs 25,000 to students in the science stream in Classes 11 and 12. These initiatives, fulfilling Prime Minister Narendra Modi's commitment to girls' education and promoting science education, aim to empower women and youth in Gujarat through education.
Read More.| March 4, 2024, 9:58 a.m.
Swan Energy Subsidiary Repays ₹2,206 Crore Loan, Achieves Significant Debt Reduction
Swan Energy Limited's subsidiary, Swan LNG Private Limited (SLPL), has fully repaid a loan of approximately ₹2,206 crore to a consortium of banks, resulting in significant interest savings. This prepayment contributes to Swan Energy's overall debt reduction strategy, with plans for utilising funds from a recently concluded Qualified Institutions Placement (QIP) to further reduce debt and modernise its shipyard facility. Despite the positive news, Swan Energy's shares witnessed a slight decline on the stock exchange.
Read More."Gold Loans on the Rise as People Embrace Festive Splendor for Diwali Celebrations"
| Nov. 8, 2023, 12:10 p.m.
"Gold Loans on the Rise as People Embrace Festive Splendor for Diwali Celebrations"
With the festive season of Diwali drawing close, an increasing number of humans are turning to gold loans as a method to finance their celebrations and meet their economic needs.
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