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NEW DELHI: The National Anti-profiteering Authority has initiated hearings against real estate companies including Adani Group's real estate venture, Adani M2K, for not passing on the benefit of a reduction in the goods and services tax to home buyers, two government officials told Cogencis.

Carrying on with its 'Startup Elevator Pitch Series', the ASSOCHAM Launchpad, an initiative and platform for budding entrepreneurs, will be flagged off here on Friday.

Mirroring the deepening slowdown in the economy, commercial lending exposure in the country has declined 2.6 per cent, or Rs 1,70,000 crore, to Rs 63.8 lakh crore in the June quarter of 2019-20 from Rs 65.5 lakh crore in March 2019, said a TransUnion CIBIL- SIDBI study.

Boosting the transformation of ideas into innovations, the Programme for Modernisation and Innovation in Micro, Small and Medium-Sized Enterprises in India (MSME INNO) is a great example of the power of collaboration and its benefits for the MSME ecosystem in India.

Mahatma Gandhi and his legacy of 'Swadeshi' movement were at the centre as fashion designers from India and Bhutan came together on Wednesday to celebrate the textile heritage of the two countries here.

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