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CUMULATIVE GROSS MERCHANDISE VALUE
Piyush Goyal pushes for onboarding more state agencies to GeMPiyush Goyal, the Commerce Minister, has advocated for broadening India’s public procurement platform, GeM. He stressed the need to bring m...
GeM gross merchandise value surges from Rs 422 crore to over Rs 1.55 lakh crore in a decade: Piyush GoyalGovernment e-Marketplace (GeM) has recorded a Gross Merchandise Value of over Rs 1.55 lakh crore, up sharply from Rs 422 crore a decade ago...
As banks shrink microfinance books, bigger MFIs prepare to grab the gapLarge microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small fin...
Parliament Watch: MSME Bill clears Lok Sabha, eyes faster payment recoveryThe Lok Sabha approved the MSME Development Amendment Bill, 2026, aiming to resolve payment delays. This new law mandates public sector uni...
GeM crosses Rs 20 lakh crore procurement milestoneIndia's GeM portal has facilitated over twenty lakh crore rupees in procurement. This platform has seen millions of sellers and enterprises...
India’s import dependence continues to be shaped by economic growth, manufacturing base: Govt to ParlIndia imported goods worth $131.63 billion from China in FY26, accounting for nearly 17% of total merchandise imports, the government told ...
More exporters leveraging benefits of free trade pacts: GovtIn 2025-26, India's ten largest import partner countries were China, UAE, Russia, US, Saudi Arabia, Iraq, Hong Kong, Switzerland, Singapore...
Ixigo posts 13% rise in Q1 revenue, profit jumps 81% on bus business growthThe Gurugram-based company reported revenue from operations of Rs 356.75 crore in the first quarter of FY27, up from Rs 316.05 crore a year...
ETtech Explainer: Can premium beauty, quick commerce drive Nykaa's next phase of growth?In the June quarter, the company outlined plans to strengthen its premium beauty portfolio through acquisitions like Aminul, a D2C (direct-...
EBay forecasts upbeat quarterly revenue as high-value categories drive momentumEBay is set to surpass its revenue forecasts for the third quarter, driven by a renewed emphasis on luxury goods and collectibles. The acqu...
FTAs must drive manufacturing, GVC integration and high-tech investmentA new committee will monitor India's free trade agreements and export barriers. It must also address import efficiency for competitive glob...
Shopify shares soar 18% as AI push helps revenue beat estimatesShopify's stock soared following the release of strong second-quarter financial results. The e-commerce giant outperformed analyst projecti...
Microfinance lending dips as uneven monsoon alters the landscapeIndia's microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and l...
Nykaa reports Rs 80 crore net profit in Q1, revenue up 29%Nykaa's operating revenue rose 29% year-on-year (YoY) to Rs 2,782 crore in Q1FY27, up from Rs 2,155 crore a year prior. Including other inc...
Nykaa Q1 Results: Net profit spikes 243% YoY to Rs 80 crore; revenue jumps 29%Nykaa's quarterly profit saw a significant increase, more than tripling year-on-year. Strong growth in the beauty business and fashion sale...
SEGA appoints Black White Orange as Angry Birds licensing agent for IndiaSEGA has appointed Black White Orange as the official licensing agent for Angry Birds in India. This partnership aims to expand the brand's...
Singapore's Grab lifts annual forecasts as AI, incentives drive growthGrab has increased its annual revenue and profit forecasts for the upcoming year. Strong demand for ride-hailing and delivery services fuel...
Nexus Select Trust posts 11% increase in net operating income to Rs 510 croreNexus Select Trust has announced an exciting eleven percent rise in net operating income, coupled with a distribution of three hundred seve...
Mobikwik swings to Rs 7.6 crore net profit in Q1Mobikwik achieved 3.7% revenue growth and its third profit quarter. Lower costs and improved lending margins boosted the company's bottom l...
GST collections stay on track, rise 15% in JulyIndia's July GST collections surpassed ₹2.11 lakh crore, showing a 15.4% year-on-year increase. Import GST surged significantly, contributi...