MyBranch expands Northeast India footprint to 40,000 sq ft across 8 cities

MyBranch has launched its coworking spaces in eight cities across Northeast India, offering an impressive 40,000 square feet of adaptable work environments. In response to the growing demand for flexible business solutions, this expansion allows firms to quickly set up local teams and operations. More organizations are favoring these efficient spaces over traditional office settings,…

From film locations to a creative economy: Meghalaya bets on cinema, digital content and local talent

Meghalaya is developing a creative economy focused on film production and digital content. The state’s Film Tourism Policy 2025 offers incentives for productions and local talent. Its OTT platform ‘Hello Meghalaya’ supports regional content creators and their monetization. Bollywood professionals expressed interest in Meghalaya’s locations and emerging creative pool. This strategy aims to create a…

Banks shifting microfinance strategy, prefer lending to entities over direct borrowers: Report

Banks are increasingly selecting microfinance institutions for loans instead of individual borrowers, leading to a reclassification of microfinance loans as part of retail portfolios. Despite this trend, non-banking financial companies focused on microfinance (NBFC-MFIs) received considerable debt support from banks recently. However, the overall microfinance sector saw a decline in its borrower base, with higher…

India to build 100 airports over next 10 years under modified UDAN scheme: Naidu

India plans to construct 100 new airports over the next decade. This expansion aims to enhance regional air connectivity under the UDAN scheme. The government will invest approximately thirty thousand crore rupees for this ambitious project. Civil aviation is identified as the nation’s fastest-growing economic sector. The hub-and-spoke model is being adopted to improve passenger…