New state-backed loan program for shut down federal workers rolls out just in time

When Maine Rep. Kristi Mathieson attended an event at the Portsmouth Naval Shipyard late last month, numerous people thanked ...

Odisha to develop Jackfruit clusters under PPP Mode with Maharashtra firm

The Odisha government has decided to develop jackfruit clusters under the Public-Private Partnership (PPP) mode with processing facilities, in collaboration with Maharashtra-based JackfruitKing Agro ...

Focus: U.S. banks sweat regulatory exposure from pandemic loans

Banks that facilitated the U.S. government's Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses ...

U.S. govt simplifies forgiveness process for smallest pandemic aid loans

The U.S. government will greatly simplify the process by which borrowers of a $525-billion-pandemic-relief fund do not have to repay some of the smallest loans, the Department of Treasury said.