Mudra Loan With Rajkumar Photo

Mudra Loan – Businesses of the 21st century deserve a partner from this century too. And that means only one name – Lendingkart.

A huge number of micro, small, medium and large companies are housed in India. More so than ever, this number is growing in leaps and bounds, which if successful, can contribute greatly to the country’s economy. However, many of these come to a standstill and get stuck due to shortage of funding. To be able to allow smooth flow with the aid of money, the government of India has introduced a scheme called the Pradhan Mantri Mudra Yojana (pmmy). Working under this scheme, enterprises can avail monetary aid in the form of mudra loan and fulfil their career related dreams.

What is the Pradhan Mantri Yojana Scheme?

As stated above, the Pradhan Mantri Yojana scheme was launched only to help Indian small-scale companies grow and reach penultimate success. This scheme was officially launched on 8th April, 2015 and is dedicated to funding several such enterprises. The name ‘mudra‘ is an abbreviation for Micro Units Development and Refine Agency and mainly helps companies from both, the profit as well as the non-profit sector with financing. Any eligible company or individual seeking to avail the mudra loan can get financial help up to the amount of Rs. 10 lakhs. Companies that would ideally be eligible for availing this loan are;

  1. NBFCs (Non-banking financial corporations)
  2. Small finance banks
  3. MFIs (Micro finance institutions)
  4. Commercial banks
  5. RRB’s (Railway recruitment boards)

Type of Industries that Can Apply for Mudra Loan

The below mentioned industries can apply for the Mudra loan;

  1. Shopkeepers
  2. Business vendors
  3. Food production industry
  4. Agriculture sector
  5. Small scale manufacturers
  6. Restoration and repair shops
  7. Handicraftsmen
  8. Service based companies
  9. Truck owners
  10. Self-employed entrepreneurs

Salient Features of the Mudra Loan:

The following mentioned features of the mudra loan distinguish this scheme over several others offered by the government;

  1. The amount availed by this loan can be used to fulfil the working capital requirements of the availing company
  2. Mainly, is it aimed at serving industries that are engaged in manufacturing, trading and services
  3. Both, existing companies as well as new ones can apply for the pm mudra loan
  4. The tenure of the mudra loan ranges from 3 years to 5 years, depending on what is agreed upon at the time of processing
  5. The mudra website and mudra app are well equipped enough for anyone to be able to directly apply online
  6. Enterprises have complete liberty to utilise the funds obtained via this loan for purchase of equipment, buying machinery, expansion of business, restructuring of business, hiring competent staff, additional working capital and many more
  7. No collateral or additional security via a third party is required
  8. There are three products under the mudra loan scheme, offering versatility to borrowers

Benefits of Mudra Loan

There are several benefits associated with the Mudra loan scheme, some of which are stated below;

  1. No collateral or third party security is needed to avail any of the mudra schemes
  2. The Mudra loan interest rate is very affordable and doesn’t exceed 1% on a monthly basis
  3. Withdrawing the sanctioned amount with the help of a Mudra loan card is very easy without the need of making a physical visit to the bank.

What are the Mudra Loan Products?

The Mudra loan is offered in three different variants, namely, ‘Shishu, Kishor and Tarun’. These are categorized based on the level of development and monetary requirements of the micro company. Once the loan is sanctioned, these funds can then be bifurcated towards capital needs, salaries, additional operating costs, etc. These three products are termed as Mudra loans. Let us take a look at these Mudra loan products in detail.

1. Sishu Yojana

In this category, micro or small business owners have the utmost advantage as they can apply for the amount of up to Rs. 50,000. For those companies that require a small capital to be able to commence their business, the shishu yojana works the best. For being able to successfully apply to this category, the business owners will need to give clear details of their business ideas in addition to quoting the type and quantity of machinery needed for purchase. So much so, that even the machinery supplier’s details would need to be provided. Short of these details, chances of loan approval will be high. No processing fee will be applicable on this product. Required documents for this product would include;

  1. Quotation of all purchases including machinery and equipment
  2. Details of all purchases
  3. Details of supplier/s that will provide machinery and equipment

2. Kishor Yojana

Kishor under the Mudra scheme is a category which is ideal for business owners who have an established business and are in pursuit of expanding it further. Applicants can seek loan amount that ranges from Rs. 50,000 – Rs. 5 lakhs. To be able to successfully apply for Kishor, applicants must submit a completed application form along with required documents which will establish a clarity and status of their company. The documents that will specifically be required for this product under Pradhan Mantri Mudra loan are;

  1. Account statements from an existing banker for the latest six months (if any)
  2. Balance sheet dating from the last two years
  3. Memorandum of Association (MOA) (if any)
  4. Articles of Association (AOA) (if any)
  5. An estimated balance sheet for a one year or the entire tenure of the loan
  6. Account of successful sales in the current financial year, before the application of loan
  7. Income tax/ Sales returns
  8. A report that will demonstrate the technical as well as economic sustainability of the business

3. Tarun Yojana

This, just like Kishor is a Mudra loan scheme that offers financial aid in the form of loan to any small business owners that are looking to expand their business. Borrowers can seek an amount up to Rs. 10 lakhs, provided he or she meets the stipulated eligibility criteria. The Mudra loan documents needed to be submitted under this loan include;

  1. Balance sheet dating from the last two years
  2. A report that will demonstrate the technical as well as economic sustainability of the business
  3. Memorandum of Association (MOA) (if any)
  4. Articles of Association (AOA) (if any)
  5. Account statements from an existing banker for the latest six months (if any)
  6. An estimated balance sheet for a one year or the entire tenure of the loan
  7. Account of successful sales in the current financial year, before the application of loan
  8. Income tax/ Sales returns
  9. Proof of identity (PAN card, Aadhar card, drivers license, voter’s ID, etc.)
  10. Proof of address (Passport, driver’s license, Aadhar card, etc.)
  11. SC, ST, OBC, etc. certificates (if any)

Purposes of Mudra Loan

Micro, small and medium enterprises (MSME’s) play an important role in contributing to the economy of the country. The Mudra loan helps MSME’s by fulfilling the following mentioned purposes;

  1. Commencing a new business
  2. Expanding and growing an existing business
  3. Training as well as hiring of competent staff
  4. Purchasing of machinery
  5. Achieve working capital for business
  6. Purchase of commercial vehicles
  7. Purchase of equipment

Eligibility Criteria of Mudra Loan

MSMEs in both, rural and urban areas of India can apply for the Mudra loan only if they meet the following mentioned criteria;

Eligibility Status


Age Limit

18 years – 65 years

Amount of Loan

Shishu Yojana – Up to Rs. 50,000

Kishor Yojana – Rs. 50,000 – Rs. 1,00,000

Tarun Yojana – Rs. Up to 1 Lakh

Type of Industry

Individual occupied in agriculture, fruit and vegetable vendor, Craftsmen, small scale manufacturer, store owner.

Company Status

Shishu – New company commencement

Kishor & Tarun – Expansion of existing company

Tenure of Loan

3 years – 5 years

MUDRA loan Interest Rate:

The interest rate applied on MUDRA loans are based on RBI defined MCLR (Marginal Cost of Lending Rate) with the following break-up.

Up to Rs.50000:

  • Micro Enterprises: MCLR + SP
  • Small Enterprises: (MCLR + SP) + Bank Load

Above Rs.50000 up to Rs.2 lakhs:

  • Micro Enterprises: (MCLR + SP) + Bank Load
  • Small Enterprises: (MCLR + SP) + Bank Load

Above Rs.2 lakhs up to Rs.10 lakhs:

  • Micro Enterprises: (MCLR + SP) + Bank Load
  • Small Enterprises: (MCLR + SP) + Bank Load

Documents Required to Apply for Mudra Loan

Though the documents might differ from the type of product chosen, the following mentioned documents would be the generic requirement when applying for Mudra loan;

  1. Identity proof such as Aadhar cardPAN card, Driver’s license, voter’s ID, etc.
  2. Proof of address such as Aadhar card, passport, utility bills, bank statements, etc.
  3. Passport sized photos of the borrower/applicant
  4. Address proof of enterprise if applicable
  5. Identity proof of license of the enterprise if applicable
  6. Quotation proof of merchandise/equipment/plant to be purchased

Application Procedure for Mudra Loan

Many banks offer the facility of this loan and the Mudra loan application can be applied for following the below mentioned steps;

  1. Visit the official website – and then download the application form.
  2. Fill this form with accurate details such as name, address, number, and KYC details
  3. The required Mudra loan documents then need to be submitted along with the application form
  4. Additional procedures required by the bank, then need to be fulfilled. (This will differ slightly from bank to bank)
  5. Selected bank will then verify the documents
  6. Loan amount then gets credited to the account post verification

Why for Business Loan?

When it comes to ease of seeking lending facility; we at Lendingkart score over others in a number of ways. We are a non-deposit NBFC in the business of lending providing credit with a range of products:

At Lendingkart, our focus is not on the past antecedents of the prospective borrower, but the potential and the credit risk of our clients with an emphasis on the current cash flows and business growth. We are well endowed with the services of our fin-tech start-up arm, providing an accurate assessment of the creditworthiness of clients through the accumulation of data from various sources and efficient analysis tools. The key factors that make us at Lendingkart the choice destination for our range of loan products are:

  • Though working out of Ahmedabad, Bengaluru and Mumbai at present, the services are extended pan India.
  • Ease of online application in full that takes only a few minutes to complete.
  • Fewer documents are sought.
  • The absence collateral security.
  • Disbursal of loans is the quickest in the industry, which is ensured in three days.

In fine, we at aim to provide a seamless credit experience to our clients to conveniently concentrate on the business rather than on the cash flow gaps.

Mudra Loan FAQs:

1. Can MUDRA loan application form be submitted online?

Yes, you can apply online visiting the official website Mudra loan -, But you need to have proper business plan to apply business loan.

2. Which are the required MUDRA loan documents?

The documentation is simply based on the type of loan applied for.

3. What is the main purpose of MUDRA Loan?

The basic aim being income generation, the purpose of the loan serves:

4. What is the Mudra loan card?

This card is created to make withdrawals of credit easily once loan is sanctioned. It offers flexibility to the borrower as it works like a credit card, which can be swiped as per requirement. The limit on this card is given in the form of an overdraft loan and one can make multiple withdrawals. Lastly, it also helps keeping track of withdrawals digitally to avoid any error.

5. Does MUDRA scheme extend portfolio guarantee?

Yes, under the MUDRA Credit Guarantee Scheme promoted by the Government of India to mitigate collateral and security concerns of the lending institutions.

6. What is MUDRA Credit Plus?

It aims to build a business eco-system by offering the following:
  • Counselling centres for financial literacy.
  • Imparting product knowledge.
  • Oversee credit absorption capacity.
  • The need for products and services.

7. What are the synergies aligned with PMMY?

The major schemes of the Government like Make in India, Stand-Up India and Start-up India are the synergies aligned with the MUDRA loan scheme.

8. What is the normal repayment of MUDRA loans?

The normal term of repayment is 12 to 60 months.

9. What is the processing time of MUDRA loan?

It is normally processed in 24 hours.

10. Do the lenders offer pre-approved MUDRA loans?

Some lenders do offer to existing customers through the MUDRA loan application process.

11. Is there an offline method of availing the Mudra loan?

Yes. Many banks offer this facility so you can visit any one of the private or commercial banks and an executive will guide you through the process.

12. What is the interest rate on Mudra loans?

Reasonable interest rates are levied upon the Mudra loan as per the RBI guidelines. No more than 1% interest on a monthly bases will be charged. However, this is largely dependent on borrower's credit and repayment history.

13. In case the borrower is physically challenged, can he/she still apply for the Mudra loan?

There is no discrimination against physically challenged people and anyone within the eligibility criteria can apply for this loan.

14. Can I apply for the Mudra loan to buy a vehicle?

Yes. However, this is not applicable for private vehicles. Any car, taxi, bus or truck that is bought by the funds availed from the Mudra loan will need to be used only for public transport.

15. For the application process for any of the three products under the Mudra loan, is there a specific format?

Yes. For Shishu Yojana, there is a one page form whereas for Kishor Yojana and Tarun Yojana there is a three-page format.

16. To avail the Mudra loan, will I need to put anything up against the loan amount as collateral?

No. No collateral or third party security is required for availing loan under the pm Mudra yojana.

17. What is the full form of MUDRA?

MUDRA stands for Micro Units Development and Refinance Agency.

18. If I am over 65 years of age, can I avail the Mudra loan?

The maximum age to avail the mudra loan is 65 years. Beyond that, you won't be eligible.

19. What are the different food products in the food industry that can be eligible for availing the Mudra loan scheme?

Units that make pickles, jams, ice-creams, papads, bakeries, sweet shops, cold storage and agricultural produce centres are eligible.
Business Loan Apply Online

Mudra Loan News:

PM Mudra Yojana

Under the PM Mudra Yojana, offered by the Bank of Baroda, the Central Government is giving out loans ranging from 50,000 to 10 lakh rupees. One must be aware of the crucial information in order to take advantage of this opportunity. Loan amounts range from 50,000 to 10 lakh rupees, and repayment terms range from 12 to 84 months. The PM Mudra Yojana was introduced by the Modi administration at the national level to aid citizens.People can comfortably accomplish their retail demands in this way.To obtain a loan, no extensive procedures are necessary.You can receive your loan amount while at home in 5 minutes.You may easily apply for this online as well.

News Updated Date: 30 May 2023

Under Mudra Yojana bank sanctioned Rs. 23.4 lakh crore to about 41 crore beneficiaries

The Mudra Yojana was introduced in 2015, and since then the banks and financial industry have passed Rs. 23.2 lakh crore for distribution and 40.82 crores for beneficiaries. PM Narendra Modi started Pradhan Mantri MUDRA Yojana on April 8, 2015, to make easy access, collateral-free for small industries available to non-cooperate, non-farm small, and entrepreneurs to generate income.

The accounts under this scheme are of women business owners for about 68% and 51% are for business owners under SC/ST and OBC categories. This indicates how free access to finance for the nation’s aspiring entrepreneurs has sparked innovation and maintained growth in per capita income, according to Nirmala Sitharaman.

The finance minister emphasized domestic growth through MSMEs, saying, “The expansion of MSMEs has contributed tremendously to the ‘Make in India’ program, as strong domestic MSMEs lead to higher indigenous production for both internal markets and for exports Banks were asked to offer collateral-free loans up to Rs 10 lakh in three categories: Shishu (up to Rs 50,000), Kishore (Rs 50,000-5 lakhs), and Tarun (up to Rs 10 lakh) as part of the scheme, to support small enterprises.

News Updated Date: 04 May 2023

70 Percent Mudra Loan Beneficiaries Are Women: PM Modi

Prime Minister Narendra Modi spoke up about the fact that women make up 70% of those who receive Mudra loans, and they also gain from schemes to promote collateral-free loans through SVANidhi, as well as schemes to promote rural industries including agriculture, fishing, FPOs, and animal husbandry. The 11th in a series of 12 post-budget webinars on the Union Budget 2023, PM Modi was discussing the topic of “Economic Empowerment of Women” at the time. He highlighted the Mahila Samman Saving Certificate Program, which offers women 7.5% interest.

“80 thousand crore rupees for PM Awas Yojna is also a step in the direction of women empowerment as most of the 3 crore houses are in the name of women”, PM said.

News Updated Date: 20th March 2022

Exploring the Benefits of Mudra Yojana for MSMEs: How Young Entrepreneurs Are Making Their Dreams Come True

The Mudra Yojana, launched by Prime Minister Narendra Modi in April 2015, has enabled entrepreneurship across India. According to the latest data, over 8 crore youth have become entrepreneurs for the first time with the help of these loans. Not only that but an impressive 38 crore Mudra loans have been provided throughout India, with the majority of them going to women and those belonging to SC/ST/OBC classes. 

The scheme is designed to provide collateral-free institutional credit by member lending institutions, ensuring that even those who may not have access to traditional sources of finance are given a chance. The scheme has been particularly beneficial for those in rural areas, allowing them to start and grow their business ventures. 

It is encouraging to see Prime Minister Modi’s initiative providing such positive results. With more people engaging in entrepreneurial activities, there is sure to be an upliftment in the country’s economy as a whole. We hope that the Mudra Yojana continues its successful journey and provides more opportunities for budding entrepreneurs!

News Updated Date: 28th February 2022

Small is good: Mudra loan NPAs at just 3.3% in 7 years

Bad loans under the Pradhan Mantri MUDRA Yojana for all banks since the launch of the scheme on April 8, 2015, added up to Rs 46,053.39 crore as on June 30, 2022.

The scheme was launched by the Prime Minister on April 8, 2015, for delivering loans up to 10 lakh to non-corporate, non-farm small/micro corporations. 

These loans are categorized as MUDRA loans under PMMY. 

Under PMMY loans are provided up to Rs. 10 Lakh through Member Lending Institutions (MLIs) viz; Banks, Non-Banking Financial Companies (NBFCs), Micro Financial Institutions (MFIs), other financial intermediaries, in three categories namely, ‘Shishu’, ‘Kishore’ and ‘Tarun’ which symbolizes the phase of growth or evolution and funding necessities of the borrowers.

Shishu: covering loans up to  Rs. 50,000/-

Kishore: covering loans above  Rs. 50,000/- and up to Rs. 5 lakh

Tarun: covering loans above  Rs. 5 lakh and up to Rs. 10 lakh

To indicate the stage of growth, evolution, and funding demands of the beneficiary entrepreneur and also deliver a reference point for the successive phase of development.

News Updated Date: 16th December 2022

MUDRA scheme Loan worth Rs 20 lakh crore

The Centre’s MUDRA program, which aims to give young people possibilities for self-employment, has so far awarded loans of Rs 20 lakh crore, according to Prime Minister Narendra Modi, who also noted that Maharashtra was one of the recipients. In a video played during an event here to give appointment letters as part of the Maharashtra government’s goal to employ 75,000 people, Modi claimed that his administration also offered support to start-ups and small businesses.

The Modi administration introduced the Pradhan Mantri MUDRA Yojana (PMMY) program in April 2015 to offer loans up to Rs. 10 lakh to non-corporate, non-farm small/micro businesses. Youths have a significant impact on India’s development. Self-help groups (SHGs) are promoted in rural areas. Funds of up to Rs 5.5 lakh crore have been given to 8 crore women who have worked in SHGs over the past 8 years. SHGs have produced employment and manufacturing possibilities. Employment possibilities are being generated because infrastructure investment is being made, according to Modi. 

According to the prime minister, there are currently ongoing road development projects of Rs 50,000 crore and railway projects of Rs 75,000 crore, which have generated employment prospects.

News Updated Date: 7th November 2022

70% Of Mudra Loans Are Given To Women Business Owners: PM

At a conference in Karahal, Madhya Pradesh, the Prime Minister stated that 19 trillion rupees loans had been allotted to small enterprises throughout the nation.

Women-owned businesses have availed of almost 70% of these loans. Mr Modi also remarked that the Jan Dhan bank accounts had significantly aided the country’s efforts to empower women. The government has made it possible for more than 2 crore women in the nation to buy homes. He noted, Women’s economic empowerment makes them equally powerful in society. Greater gender representation in any industry directly correlates with tremendous success. Under the PM Kaushal Vikas Yojana, he also opened four skill-training facilities for Particularly Vulnerable Tribal Groups (PVTG).

News Updated Date: 23rd September 2022

NPAS From MUDRA Loans In Maharashtra At 16.32% Till June 2022: Official Data

As of June 2022, unpaid loans under the Pradhan Mantri MUDRA Yojana, which supports small companies, totaled close to 5,000 crores, or 16.32% of all banking assets in Maharashtra.

According to data, the Parbhani district in the underdeveloped Marathwada area of Maharashtra has the highest non-performing assets (NPA), at 60.54%. Monday saw a state ceremony in Aurangabad. According to the report, more than 52 lakh borrowers in Maharashtra borrowed $30,019 crore through the MUDRA scheme in June 2022. 6,19 lakh debtors borrowed 4,898 crores of this total was categorized as NPA.

Mumbai has the third-highest MUDRA NPA with a 29.97% rate and a 248 crore outstanding balance. Banks in the private sector had NPAs totaling 435 crores. Eight smaller financial institutions had 104 crores in NPA, while two regional rural banks had 325 crores in NPA.

News Updated Date: 17th September 2022

Pradhan Mantri Mudra Yojana (PMMY) extends loans to encourage business enthusiasts

Sri BhanuPratap Singh Verma, the minister of State for Micro, Small and Medium Enterprises has addressed that the Government will be taking new initiatives to extend loans for Micro, Small and Medium Enterprises (MSMEs) with respect to their working capital requirements which includes loans up to Rs. 5 Lakh crore under Emergency Credit Line Guarantee Scheme for MSMEs and businesses with a period extending to 31st March 2023.

The initiative also includes PM Street Vendor’s Atma Nirbhar Nidhi scheme, which means a collateral free working capital loan for street vendors. Adding to this, the MSMEs have been given an assistance for their working capital requirements by some schemes like:

  1. Credit Guarantee Scheme for credit delivery and ease of flow of credit without collateral up to Rs. 200 Lakhs
  2. The PMMY extends loans up to Rs. 10 Lakhs for entrepreneurs without collateral.

Updated Date: 17th August 2022

The Future of MSMEs: Collateral Free Automatic Loans

In recent years, the Government has taken several steps to stay afloat and address the regular requirement of working capital that includes small ticket size loan by Micro, Small, and Medium Enterprises (MSMEs). They are:

  1. Collateral Free Automatic Loans under Emergency Credit Line Guarantee Scheme or ECLGS under which the collateral free automatic loans, with additional funds for hospitality and associated businesses, have increased from Rs. 50,000 crore to Rs. 5 lakh crore with extended validity till 31.03. 2023
  2. PM Street Vendor’s Atma Nirbhar Scheme (PM SVANidhi).
  3. Rs. 20,000 Crore Credit Guarantee Scheme for Subordinate Debt (CGSSD) with extended validity till 31.03.2023.

MSMEs have also been supported by ongoing schemes like:

  1. Credit Guarantee Scheme (CGS) that strengthens credit delivery system and facilitates the flow of credit upto Rs. 200 lakh without any collateral or third-party guarantee.
  2. Pradhan Mantri MUDRA Yojana (PMYY) that gives collateral free loans upto Rs. 10 lakh.

Updated Date: 09 August 2022

Modi Govt. Completes 8 Years with 35 Crore sanctioned Mudra Loans & 23 Crore Women Beneficiaries

The Mudra scheme was launched by Prime Minister Narendra Modi back in 2015. It was aimed at benefiting the micro industries and any other individual businesses which required loans of up to 10 Lakh. Now, after 8 years of the Modi government, it has been reported that 35 crores worth of Mudra loans were sanctioned for which 23 crores were for the women beneficiaries under the scheme. This has proved to be a very empowering thing for the women in India who wish to start their own entrepreneurship stage. Within the last four years, the loan volume has actually come down below 5 crores within the FY 2021-22. Some other data has also suggested that there has been about 500% of growth for women entrepreneurs on the GeM, which is the government’s e-commerce portal Government eMarketplace.

Updated Date: 22nd June 2022

Mudra Scheme Empowers Indians To Become Job Creators: PM

Indian PM Narendra Modi took to his Twitter handle to praise the accomplishments of the Pradhan Mantri Mudra Yojna on Friday. He said that many young Indians have benefitted from the scheme.

It has also given them a medium to display their abilities in the entrepreneurial sector. Seven years since the beginning of this project, it has been deemed a game-changer for the nation’s prosperity as a whole. Using the principle of unfunded funding, a loan of up to INR 10 lacs can be given to small businesses.

The three types of Mudra Yojna are namely, Shishu loan (Up to INR 50,000), Kishore loan (INR 50,000 to INR 5 lacs), and Tarun loan (INR 5 lacs to INR 10 lacs). These are available to MSMEs as collateral-free loans. The main divisions which benefit from this are agriculture, service, manufacturing, and trading.

News Updated Date: 19th April 2022

68% Beneficiaries Under MUDRA Scheme Women: Govt

Women, mostly from SC and ST groups and minority families, account for 68% of the Rs 32 crore loans issued under the Micro Units Development and Refinance Agency initiative. In addition, more than 23 crore women now have bank accounts for the first time in their lives thanks to PM Modi’s leadership, as Union Minister Smriti Irani told the Rajya Sabha on Wednesday. They presented their business plans and got support from the Mudra Yojana. She also mentioned that government looks forward to giving full recognition to the women workforce and ensuring that up to 1 crore goes to women-run enterprises.

Irani acknowledged the government’s commitment to women’s emancipation which involves training from Industrial Training Institutes under the Pradhanmantri Kaushal Vikas Yojana. Under the digital literacy program, out of 4 crore Indians, 54% are women. To improve job potential, under Pradhan Mantri Mudra Yojana, Rs. 23.02 crore has been distributed among women entrepreneurs.

News Updated Date: 05-04-2022

Read More – Mudra Loan News