msmes

India’s Credit Growth Surges 61% in FY26, Driven by Retail and MSMEs Strong Demand Fuels Credit Expansion New Delhi, March 26 – India’s credit growth experienced a significant surge in fiscal year 2026, increasing by 61 per cent, according to a new report released on Thursday. The growth was...

Tax Exemption for Cooperative Federations Announced Three-Year Dividend Tax Relief for National Cooperatives New Delhi – The government announced a three-year tax exemption on dividend income for national cooperative federations on Wednesday. Finance Minister Nirmala Sitharaman revealed the...

India Pursues Reform Path with Conviction, Sitharaman Says New Delhi, March 25 – Finance Minister Nirmala Sitharaman stated on Wednesday that India is firmly on a path of economic reform, driven by conviction and a clear strategy under the leadership of Prime Minister Narendra Modi. Addressing...

Ahmedabad, March 24 The Gujarat government said on Tuesday that there was an adequate supply of petrol and diesel in the state, and that it was also ensuring a better supply of commercial LPG, especially in areas where PNG networks are not available.The government's clarification came as...

India Exports Show Steady Growth Amid Global Uncertainty, Parliament Informed New Delhi, March 24: India’s export sector has demonstrated sustained resilience and steady growth despite ongoing global challenges, the government informed Parliament on Tuesday, highlighting a consistent upward...

Mumbai, March 23 According to the Reserve Bank of India's bulletin released on Monday, foreign banks have experienced a higher transmission of monetary easing in both fresh and outstanding deposit and lending rates compared to their domestic counterparts.The data in the bulletin showed that...

India Emerging as a “Reliable Partner” in Global Supply Chains, Says Delhi LG New Delhi, March 23, 2026 – Delhi Lieutenant Governor Taranjit Singh Sandhu on Monday said that India has emerged as a reliable partner in global supply chains and innovation ecosystems.Addressing the 26th edition of...

5G Innovation Hackathon 2026 Launched: DoT Invites Entries, Offers Funding and ₹10 Lakh Prize Pool Government Opens Submissions Under ‘100 5G Use Case Labs’ Initiative New Delhi, March 21: The Department of Telecommunications (DoT) has launched the second edition of the ‘5G Innovation Hackathon...

India’s Economic Fundamentals Strong as Exports Hold Steady, Says Piyush Goyal Services Growth and Stable Exports Support External Position New Delhi, March 17: Union Minister Piyush Goyal on Tuesday said that India’s economic fundamentals remain robust, supported by steady export performance...

India Concludes 9 FTAs Covering 38 Nations, Expands Preferential Access to Global Trade: Piyush Goyal FTAs Provide Indian Businesses Access to Nearly Two Thirds of Global Trade India has concluded nine Free Trade Agreements covering 38 nations, providing Indian businesses preferential access to...

Funding Package Targets Low-Income Households and Underserved States The Asian Development Bank on Tuesday signed a senior secured debt financing package of up to USD 108 million, approximately INR 983 crore, with Aavas Financiers Limited to expand access to affordable housing loans and business...

Apparel Export Promotion Council Highlights Growth Momentum in Ready-Made Garments New Delhi, February 17: The Apparel Export Promotion Council on Tuesday said the latest data on ready-made garment exports reflects the resilience of Indian apparel exporters, even as they continue to navigate...

Formal Credit Flow to MSMEs Remains Key Policy Focus Mumbai, February 16: Reserve Bank of India Governor Sanjay Malhotra on Monday reiterated that improving access to timely and adequate formal credit for micro, small and medium enterprises remains a core policy priority of the central bank...

PM Modi Calls Budget 2026 a Launchpad for Developed India, Urges Private Sector to Act Boldly Prime Minister Narendra Modi on Sunday described the Union Budget 2026-27 and a series of recently concluded global trade agreements as the foundation for India’s journey toward becoming a Developed...

New Delhi, February 15 – The Union Budget 2026-27, placing Micro, Small, and Medium Enterprises (MSMEs) at the heart of India's growth strategy, has unveiled a comprehensive plan to help MSMEs scale up, compete globally, and integrate more deeply into domestic and international markets through...

New Delhi, February 15 – M Nagaraju, Secretary, Department of Financial Services (DFS), has emphasized the need to improve the Credit-GDP ratio – making our financial institutions more agile and exploring new ways of financing on a larger scale in line with the goals of Viksit Bharat (Developed...