The Rajya Sabha approved the MSME Development (Amendment) Bill, 2026, on Monday. This legislation introdu ...More

The Rajya Sabha approved the MSME Development (Amendment) Bill, 2026, on Monday. This legislation introduces timelines for faster dispute resolution for small businesses. It also strengthens recovery mechanisms and improves liquidity for these vital enterprises. The bill empowers courts to direct buyers to deposit payments if challenges are delayed. This aims to ensure timely payments and support the backbone of India's economy. ...Less

The Lok Sabha approved the MSME Development Amendment Bill, 2026, without debate. This legislation aims t ...More

The Lok Sabha approved the MSME Development Amendment Bill, 2026, without debate. This legislation aims to improve payment mechanisms for small businesses. It establishes timelines for faster dispute resolution and addresses liquidity issues. The bill also empowers courts to order partial payments to suppliers. This measure seeks to support India's vital MSME sector. ...Less

Brics trade ministers finalized their Economic Partnership 2030 strategy and adopted a joint declaration. ...More

Brics trade ministers finalized their Economic Partnership 2030 strategy and adopted a joint declaration. They agreed on the Jaipur Consensus and Guiding Principles for MSME credit. This aims to close the trade finance gap and expand small business access. The declaration also supported a rules-based multilateral trading system led by the WTO. Ministers advanced market opening and economic diversification among member nations. ...Less

The Rajya Sabha approved the MSME Development Amendment Bill, 2026, on Monday. This legislation aims to e ...More

The Rajya Sabha approved the MSME Development Amendment Bill, 2026, on Monday. This legislation aims to expedite delayed payment dispute resolutions for small businesses. It also seeks to improve cash flow and strengthen the sector's financial framework. Opposition members disrupted proceedings, demanding a discussion on police action against students. The bill was ultimately passed by a voice vote after extensive debate. ...Less

The Lok Sabha approved the MSME Development Amendment Bill, 2026, aiming to resolve payment delays. This ...More

The Lok Sabha approved the MSME Development Amendment Bill, 2026, aiming to resolve payment delays. This new law mandates public sector units to use TReDs for MSME payments. It also empowers courts to order interim payments for pending disputes. India's imports from China reached $131.63 billion in FY26. Meanwhile, FTA exports saw a significant 25% rise in the first quarter of FY27. ...Less

In a heated Rajya Sabha session, opposition members fiercely demanded statements from the Prime Minister ...More

In a heated Rajya Sabha session, opposition members fiercely demanded statements from the Prime Minister and Home Minister, leading to multiple adjournments. Protests erupted over the controversial use of pellet guns and the alleged theft of temple donations. ...Less

The Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities ...More

The Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) could affect flexi and overdraft loan products across corporate, MSME and unsecured personal loan segments, according to a Morgan Stanley report. ...Less

FISME seeks Goods and Services Tax reforms to ease MSME compliance burdens. They propose a safe harbour f ...More

FISME seeks Goods and Services Tax reforms to ease MSME compliance burdens. They propose a safe harbour for input tax credit and faster GST refunds. The organization also advocates for centralized compliance and simplified procedures for businesses. These changes aim to reduce costs and improve certainty for honest taxpayers. Modernizing GST administration will enhance efficiency and transparency for all. ...Less

The ET SME Summit demonstrates how reputed editorial ecosystems help brands gain credibility, influence d ...More

The ET SME Summit demonstrates how reputed editorial ecosystems help brands gain credibility, influence decision-makers and create lasting business impact across India's MSME landscape. ...Less

Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will int ...More

Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans while focusing on small business lending. Assets under management aim to reach ten thousand crore rupees this fiscal year. This diversification follows regulatory changes allowing more non-microfinance loan options. ...Less

MSMEs often have filings in place, but they struggle with contractor compliance, licence renewals, workpl ...More

MSMEs often have filings in place, but they struggle with contractor compliance, licence renewals, workplace safety, and inspection readiness. The bigger risk lies in the widening gap between compliance reported at headquarters and conditions at plants, warehouses and contractor sites, says Rishi Agrawal, Co-founder & CEO, TeamLease RegTech. ...Less

Under RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and f ...More

Under RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, opening a direct, bank-free payments channel for India's MSME economy. ...Less

Congress claims flawed economic policies have plunged India's job market into crisis. Major domestic comp ...More

Congress claims flawed economic policies have plunged India's job market into crisis. Major domestic companies are now hiring fewer employees than before, according to a report. Recruitment by eleven top companies within the Sensex-30 index dropped significantly. This indicates the nation is grappling with a serious employment crisis, the party stated. The government is accused of denying the problem instead of seeking solutions. ...Less

Industry stakeholders say the opportunity for them lies in strengthening the link between its large indus ...More

Industry stakeholders say the opportunity for them lies in strengthening the link between its large industrial base and MSMEs while reducing the cost and complexity of doing business. ...Less

The ET Business Growth Summit in Noida witnessed strong industry participation, underscoring the growth p ...More

The ET Business Growth Summit in Noida witnessed strong industry participation, underscoring the growth potential of the region’s industrial sector. ...Less

A key provision of the Bill is to strengthen the framework for addressing delayed payments, a long-standi ...More

A key provision of the Bill is to strengthen the framework for addressing delayed payments, a long-standing challenge for micro and small enterprises that often strains their liquidity and disrupts business operations. ...Less

The Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-ban ...More

The Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) may increase operational challenges for lenders, reduce their returns and raise costs for borrowers, Kotak Institutional Equities said in a report. ...Less

Inaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role ...More

Inaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial inclusion and local economic development. ...Less

Parliament has been disrupted for fifteen consecutive days due to opposition demands. The Congress party ...More

Parliament has been disrupted for fifteen consecutive days due to opposition demands. The Congress party alleges Home Minister Amit Shah refuses to address student police brutality. Prime Minister Narendra Modi has also not spoken on alleged donation theft issues. These disruptions have prevented normal functioning in both houses of Parliament. Opposition parties continue to stall proceedings over these significant matters. ...Less

"On 125th year, that means 2032, we have set a target of 35 lakh crore business. In June we are at 15 lak ...More

"On 125th year, that means 2032, we have set a target of 35 lakh crore business. In June we are at 15 lakh crore. That means we have to become 2.3 times what we are. We will become a 35 lakh crore bank by 2032 and, with the support the bank is getting from the customers and the hard work of our employees, I am very confident that we will not only achieve, we will surpass that number also," Kumar said. ...Less

India's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fi ...More

India's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fiscal year twenty twenty-nine. To attain this ambitious goal, the government is implementing a comprehensive growth strategy that emphasizes advancements in agriculture, manufacturing, and infrastructure. Key initiatives, including Production Linked Incentives and support for MSMEs, play an essential role in enhancing the country’s growth outlook both now and in the future. ...Less

Exporters will no longer need to present physical duty payment challans for EODC applications. The integr ...More

Exporters will no longer need to present physical duty payment challans for EODC applications. The integration of authenticated payment data into the DGFT's online systems enhances efficiency by streamlining processing times and minimizing compliance challenges. ...Less

India has spent years negotiating free trade agreements with some of the world's biggest economies. But s ...More

India has spent years negotiating free trade agreements with some of the world's biggest economies. But signing the deals was only half the battle. The bigger challenge now is helping Indian businesses turn preferential market access into exports, investments, manufacturing growth and global competitiveness. ...Less

SBI shares rose sharply on Friday after the lender reported a 10% year-on-year rise in Q1 FY27 standalone ...More

SBI shares rose sharply on Friday after the lender reported a 10% year-on-year rise in Q1 FY27 standalone profit to Rs 21,121 crore, beating Street estimates. Net interest income rose 15% to Rs 46,992 crore, while total business crossed Rs 110 trillion. The stock remains 9% below its 52-week high. ...Less

Noida has the potential to serve the entire state if logistics infrastructure is properly integrated, say ...More

Noida has the potential to serve the entire state if logistics infrastructure is properly integrated, say stakeholders. ...Less

The panel suggested the commerce department prepare a time-bound roadmap to achieve the objectives of the ...More

The panel suggested the commerce department prepare a time-bound roadmap to achieve the objectives of the Mission 500 initiative by promoting trade in goods and services, encouraging investment, enhancing cooperation in critical technologies, improving supply chain and addressing both tariff and non-tariff barriers faced by Indian exporters and prepare a long-term strategy to increase India's share in the American market. The two countries aim to more than double total bilateral trade to $500 billion by 2030. ...Less

India aims for a tenfold increase in compressed biogas production over the next decade. The government pl ...More

India aims for a tenfold increase in compressed biogas production over the next decade. The government plans to address supply chain uncertainties and simplify business processes. Offtake assurance and stable pricing mechanisms will be implemented for producers. Financial support and credit guarantees will encourage new plant development. This initiative seeks to enhance energy security and reduce import dependence. ...Less

Banks must understand artificial intelligence deployment for future success. AI can enhance financial inc ...More

Banks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public good projects. Careless AI use risks new forms of exclusion and instability for banks. The RBI plans an approved AI governance policy and a testing sandbox. Banks need deliberate strategies, sustained investment, and strong governance for AI. ...Less

Punjab National Bank plans to launch wealth management services by December. The bank is also aggressivel ...More

Punjab National Bank plans to launch wealth management services by December. The bank is also aggressively scaling its credit card business operations. This expansion aims to significantly enhance the bank's non-interest income streams. PNB anticipates its profit will surpass twenty thousand crore rupees this financial year. ...Less

Union Minister Shobha Karandlaje requested a CBI investigation into KPSC recruitment. Allegations of corr ...More

Union Minister Shobha Karandlaje requested a CBI investigation into KPSC recruitment. Allegations of corruption and manipulation mar the Veterinary Officer selection process. This demand arises amid ongoing scrutiny of the KPSC's recruitment practices. Karandlaje emphasized the need for fairness and transparency in public employment. An independent probe is deemed essential to restore public confidence in constitutional institutions. ...Less

State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advanc ...More

State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupees, marking significant growth for the bank. Asset quality indicators showed marked improvement year-on-year, with GNPA declining. The bank maintained its full-year credit growth guidance at fourteen to fifteen percent. SBI is deploying Responsible AI Policy to enhance cybersecurity and operational efficiency. ...Less

India’s MSME credit gap sits at Rs 25-30 lakh crore. Of the 87 million registered MSMEs, only 36 million ...More

India’s MSME credit gap sits at Rs 25-30 lakh crore. Of the 87 million registered MSMEs, only 36 million have ever taken a formal loan. ...Less

The ET Business Growth Summit in Ahmedabad recorded strong industry participation, underscoring the resil ...More

The ET Business Growth Summit in Ahmedabad recorded strong industry participation, underscoring the resilience of businesses in the region. ...Less

The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economi ...More

The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered inflation projections. Bankers welcomed the policy stability and proposed regulatory measures for transparency. The central bank's decision reflects confidence in the domestic economy's resilience. This move supports credit flow to productive sectors and financial inclusion. ...Less

Indian manufacturers anticipate artificial intelligence significantly aiding strategic goals within five ...More

Indian manufacturers anticipate artificial intelligence significantly aiding strategic goals within five years. This optimism surpasses global counterparts regarding productivity and long-term growth potential. Automation adoption is led by data capture and analytics, followed by quality assurance. However, India lags in developing homegrown manufacturing capabilities and faces an MSME technology gap. Coherent integration of manufacturing capabilities will distinguish the Indian economy's future. ...Less

Sustained market demand led to impressive revenue growth in the automotive and consumer goods sectors. In ...More

Sustained market demand led to impressive revenue growth in the automotive and consumer goods sectors. In contrast, while the banking sector showed better asset quality, profitability struggled due to margin challenges. Cement companies effectively preserved their margins through strategic cost management amidst rising operational costs. Overall, various sectors experienced notable revenue uplifts; however, they also faced persistent input cost hurdles. ...Less

Delhi government's purchases via GeM portal surged 156 percent to Rs 1,595 crore. This significant increa ...More

Delhi government's purchases via GeM portal surged 156 percent to Rs 1,595 crore. This significant increase provides a strong platform for micro and small enterprises. Government procurement through GeM reached Rs 4,311 crore in 2025-26. The participation of women and SC/ST entrepreneurs is also increasing. Delhi has been recognized for sustained services procurement adoption on the platform. ...Less

The Union Cabinet approved two significant projects totaling over Rs 32,000 crore. The GOBARdhan scheme a ...More

The Union Cabinet approved two significant projects totaling over Rs 32,000 crore. The GOBARdhan scheme aims to boost biogas production nationwide with substantial financial support. This initiative seeks to reduce India's reliance on imported natural gas for energy needs. Additionally, a four-lane highway will be constructed between Baihata Chariali and Tezpur in Assam. These decisions reflect the government's focus on domestic energy and infrastructure development. ...Less

The fresh injection is expected to unlock hundreds of crores in operational debt capital from GetVantage’ ...More

The fresh injection is expected to unlock hundreds of crores in operational debt capital from GetVantage’s financial institution partners. ...Less

Consumer Affairs Secretary Nidhi Khare urged FMCG, food and retail companies to improve grievance redress ...More

Consumer Affairs Secretary Nidhi Khare urged FMCG, food and retail companies to improve grievance redressal as consumer complaints have risen fivefold in five years. She said the government will expand product testing using AI and robotics, simplify BIS quality standards to help industry compliance, and strengthen testing infrastructure while easing regulatory burdens for businesses. ...Less

The EU offers the biggest long-term opportunity for Indian medical device makers, while the UK has more i ...More

The EU offers the biggest long-term opportunity for Indian medical device makers, while the UK has more immediate strategic value, says AiMeD’s Rajiv Nath. ...Less

India is set to unveil the GOBARdhan scheme, targeting a significant rise in Compressed Biogas production ...More

India is set to unveil the GOBARdhan scheme, targeting a significant rise in Compressed Biogas production. By transforming agricultural waste into clean fuel, this initiative promises to enhance domestic CBG production in the coming decade. Besides assisting farmers, it fosters a circular economy in waste management and seamlessly integrates into the gas infrastructure, providing benefits for CNG vehicle users. ...Less

MSME stress deepened in FY26 with closures rising sharply to 62,747 from 39,446 in FY25, impacting over 3 ...More

MSME stress deepened in FY26 with closures rising sharply to 62,747 from 39,446 in FY25, impacting over 3.7 lakh jobs. As of June 2026, 18,154 units had shut, affecting 1.25 lakh workers. Despite closures, overall MSME employment grew 16.5% year-on-year to 80.5 million, led by the trading sector, with Uttar Pradesh employing the largest workforce. Delays in highway projects triggered penalties of ₹2,732 crore over three years, with only ₹780 crore recovered so far. ...Less

Parliament will consider the Public Examinations Amendment Bill on Tuesday. The Rajya Sabha will introduc ...More

Parliament will consider the Public Examinations Amendment Bill on Tuesday. The Rajya Sabha will introduce the MSME Development Amendment Bill. It will also pass the Prevention of Insults to National Honour Amendment Bill. The anti-paper leak legislation aims to strengthen existing legal frameworks. This bill addresses concerns over examination malpractices and paper leaks. ...Less

Punjab National Bank will not monetize subsidiaries soon, focusing on operational strengthening for futur ...More

Punjab National Bank will not monetize subsidiaries soon, focusing on operational strengthening for future value. The bank's capital adequacy exceeds 18 percent, well above regulatory requirements. This strong capitalization means no market fund raising is planned for growth initiatives. PNB expects its net profit to surpass twenty thousand crore rupees this financial year. Loan growth is projected at twelve to thirteen percent while deposits will grow nine to ten percent. ...Less

India's banking sector requires reforms for sustained growth and improved credit access. Banks must grow ...More

India's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterprise and retail credit demands. Regulatory recalibrations and revised lending frameworks are essential for this expansion. Wider adoption of digital tools will help close the MSME credit gap. These actions will boost economic growth and investor confidence. ...Less

Lok Sabha will consider the Supreme Court (Number of Judges) Amendment Bill. Rajya Sabha is set to discus ...More

Lok Sabha will consider the Supreme Court (Number of Judges) Amendment Bill. Rajya Sabha is set to discuss the Public Examinations and MSME Development Amendment Bills. These legislative actions follow a day of significant debate in the Lok Sabha. Ministers will lay papers and present reports from parliamentary committees. Parliamentary proceedings are scheduled to commence at 11 am on Thursday. ...Less

The Design-linked Incentive scheme's second edition may offer significant financial support. Eligible sta ...More

The Design-linked Incentive scheme's second edition may offer significant financial support. Eligible startups and MSMEs could receive seed funding up to fifteen crore rupees. Government equity participation is also proposed alongside private investors for companies. Royalty financing and equity co-investment are options for other firms. The scheme aims to boost domestic semiconductor design capabilities and market access. ...Less

In its roadmap to increase the share of the Indian toy sector, the Department for Promotion of Industry a ...More

In its roadmap to increase the share of the Indian toy sector, the Department for Promotion of Industry and Internal Trade (DPIIT) has zeroed in on construction toys, stories based on Indian heroes and innovators, traditional themes, AI-assisted toys and smart learning products as the ten emerging areas of growth. ...Less

Shriram Finance plans to double its gold loan contribution to five percent. The company also intends to g ...More

Shriram Finance plans to double its gold loan contribution to five percent. The company also intends to grow its MSME portfolio to twenty percent. This strategic move focuses on expanding its retail and small business lending segments. Shriram Finance will leverage its extensive branch network for organic growth. The lender sees significant market opportunities in these key areas. ...Less

The Lok Sabha recently saw the introduction of a pivotal Bill focused on enhancing the regulations for th ...More

The Lok Sabha recently saw the introduction of a pivotal Bill focused on enhancing the regulations for the registration of births and deaths. This initiative aims to urge citizens to report these vital events without delay. Instances of registration lagging by one to two years will require a magistrate's consent, while delays surpassing two years will necessitate directives from a judicial magistrate. ...Less

Ekart is expanding its logistics network to outside businesses. This includes MSMEs and D2C brands throug ...More

Ekart is expanding its logistics network to outside businesses. This includes MSMEs and D2C brands through a new franchise model. The company plans to open over one thousand outlets by 2026. Businesses can also use Ekart's dedicated warehousing space for fulfillment. Access to Ekart's technology stack will also be provided. ...Less

GeM's Womaniya initiative has empowered over 200,000 women entrepreneurs in public procurement. This prog ...More

GeM's Womaniya initiative has empowered over 200,000 women entrepreneurs in public procurement. This program has dismantled barriers, enabling women-led businesses to access a significant market. Women entrepreneurs now supply diverse sectors, including technology and industrial services. The initiative aligns with national goals for economic inclusion and growth. GeM's decade-long journey highlights equitable access transforming opportunities. ...Less

Ekart, Flipkart's supply chain arm, is opening its logistics network to outside businesses. This expansio ...More

Ekart, Flipkart's supply chain arm, is opening its logistics network to outside businesses. This expansion utilizes a new franchise model and dedicated warehousing capabilities. Over 300 franchise outlets are now operational, with plans for 1,000 by 2026. Businesses can access over one million square feet of warehousing space for fulfillment. Ekart's technology stack, including AI, will also be available to these external clients. ...Less

A word of caution for all those who have exposure to mid cap stocks or are planning to increase it. Just ...More

A word of caution for all those who have exposure to mid cap stocks or are planning to increase it. Just keep one thing in mind: If there is significant selling in large-caps stocks for any reason at all, mid-cap stocks then have limited ability to withstand pressure and will correct even more. ...Less

Canara Bank will frontload expected credit loss provisioning within two years. The bank revised its provi ...More

Canara Bank will frontload expected credit loss provisioning within two years. The bank revised its provisioning projections upward to ₹12-13,000 crore. This move will impact the capital adequacy ratio by sixty basis points. Canara Bank plans an ₹8,000 crore capital raise to cover this impact. The bank's gross advances grew eighteen percent year-on-year. ...Less

Industry officials say recurring geopolitical disruptions, rising freight costs, and shipping uncertainty ...More

Industry officials say recurring geopolitical disruptions, rising freight costs, and shipping uncertainty are making supply chain resilience as important as low-cost manufacturing for India's MSME exporters. ...Less

India's trade with Britain is projected to hit USD 115 billion by 2030, promising the creation of approxi ...More

India's trade with Britain is projected to hit USD 115 billion by 2030, promising the creation of approximately 700,000 to 1 million jobs. To thrive in this evolving landscape, Indian businesses need to focus on competitiveness and quality assurance. Moreover, improving the ease of doing business and boosting infrastructure investments are critical for success, particularly in the engineering goods sector, which is poised for significant growth and innovative opportunities. ...Less

Shiv Sena MP Sanjay Raut criticized the new anti-paper leak bill introduced by the central government. He ...More

Shiv Sena MP Sanjay Raut criticized the new anti-paper leak bill introduced by the central government. He alleged that the biggest paper leak racket operates within the Bharatiya Janata Party. Raut stated that merely passing a law will not resolve the issue of examination malpractices. The Congress party also plans to discuss the bill in the Lok Sabha. Opposition participation hinges on assurances regarding student protest actions. ...Less

Integrated logistics solutions are helping chikankari, carpet, footwear and dry fruit enterprises expand ...More

Integrated logistics solutions are helping chikankari, carpet, footwear and dry fruit enterprises expand market access and improve supply chain efficiency. ...Less

The Lok Sabha resumed legislative business, debating the Public Examinations Amendment Bill, 2026. The go ...More

The Lok Sabha resumed legislative business, debating the Public Examinations Amendment Bill, 2026. The government defended the proposed changes as a significant step for student protection. Opposition members dismissed the legislation as inadequate and criticized its effectiveness. They highlighted ongoing paper leaks despite the previous 2024 law. The debate focused on strengthening measures against examination malpractices and ensuring accountability. ...Less

IDFC First Bank reported its highest-ever quarterly profit at ₹1,075 crore for June, more than doubling y ...More

IDFC First Bank reported its highest-ever quarterly profit at ₹1,075 crore for June, more than doubling year-on-year, driven by strong NII growth and lower provisions. Margins and return ratios improved, while loan growth remained robust across segments. Management highlighted improving asset quality and sustained business momentum despite provisioning buffers. ...Less

India's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic ...More

India's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate balance sheets support sustained economic growth. The Indian Rupee has depreciated against the US Dollar due to global events. Regional Rural Banks and Public Sector Banks have reported record profits. Government initiatives aim to support businesses and financial inclusion across the nation. ...Less

India has attracted nearly $32 billion in foreign capital since the RBI announced special inflow measures ...More

India has attracted nearly $32 billion in foreign capital since the RBI announced special inflow measures on June 5, Governor Sanjay Malhotra said. FCNR(B) deposits have already exceeded the 2013 record, but strong dollar demand linked to costly oil imports and weak exporter hedging continues to keep the rupee near record lows. ...Less

Punjab National Bank expects its FY27 net profit to exceed ₹20,000 crore after delivering more than ₹5,00 ...More

Punjab National Bank expects its FY27 net profit to exceed ₹20,000 crore after delivering more than ₹5,000 crore in quarterly profit for four consecutive quarters, Managing Director and CEO Ashok Chandra said. The lender also plans to enter acquisition financing from the third quarter following the RBI's revised guidelines. ...Less

The price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well ...More

The price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well for markets. This does not mean that corrections will not happen; they will. But, largely, they will have a lesser probability of turning into a secular bearish trend as has happened in the past. Mind you, we are using the word probability. Why? ...Less

Bank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong ...More

Bank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong loan growth and stable asset quality. Excluding the exceptional item, profit rose, supported by higher net interest income and healthy retail lending. ...Less

The next time uncertainty over the firing of missiles in the Gulf region makes you anxious, remember this ...More

The next time uncertainty over the firing of missiles in the Gulf region makes you anxious, remember this: It is not the first time that global markets have witnessed such phases. Similar scenarios have played out in the past; and at particular points of time, it had appeared that everything would crash and the world would come to an end. But the world is more resilient than we think. That said, the probability is high that we will see several such phases till the end of 2028. That is when the cause of much uncertainty will exit his office. ...Less

Broadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be ...More

Broadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the focus of the loan book, but nothing escapes the broader impact of a bad monsoon, or rising oil prices. If they are behaving differently in the market these days, it is because of valuations, existing ownership, overall fund flows, and the kind of investors putting in the money. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

IDFC First Bank Q1 Results: IDFC FIRST Bank on Saturday reported its highest-ever quarterly profit after ...More

IDFC First Bank Q1 Results: IDFC FIRST Bank on Saturday reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore for the quarter ended June 30, 2026, marking a 132.4% year-on-year increase from Rs 463 crore in the corresponding quarter last year. ...Less

Key economy-related bills are listed for Parliament's Monsoon Session. The Income-tax Amendment Bill aims ...More

Key economy-related bills are listed for Parliament's Monsoon Session. The Income-tax Amendment Bill aims to boost India's sovereign debt market. The MSME Development Amendment Bill seeks to ease business and improve payment mechanisms. The Foreign Contribution Regulation Amendment Bill is also listed for consideration. These legislative proposals are planned for introduction and passing during the session. ...Less

India's income-tax department has received over thirty-three million income-tax returns for assessment ye ...More

India's income-tax department has received over thirty-three million income-tax returns for assessment year 2026-27. Nearly twenty million of these returns have already been processed by the department. A significant number of new taxpayers are filing returns after a successful nudge campaign. The department anticipates a sharp rise in filings during the final week. Taxpayers can expect smooth portal operations and 24/7 assistance from the department. ...Less

Young entrepreneurs showcased innovative ideas at Srinagar's ASCEND-2026 startup summit. The event aimed ...More

Young entrepreneurs showcased innovative ideas at Srinagar's ASCEND-2026 startup summit. The event aimed to attract funding and foster economic growth in Jammu and Kashmir. Several startups received seed funding, and new initiatives were launched. Innovations included AI-based pesticide machines and smart waste management solutions. The summit highlighted the region's growing startup culture and future potential. ...Less

Godrej Capital acquired Kanakadurga Finance's gold loan business to expand its consumer finance segment. ...More

Godrej Capital acquired Kanakadurga Finance's gold loan business to expand its consumer finance segment. This acquisition aims to build a Rs 1 lakh crore assets under management franchise by 2031. Kanakadurga Finance's business adds 54 branches and 250 employees to Godrej Capital. The gold loan segment is experiencing significant growth due to rising gold prices. Godrej Capital also launched its wealth management business earlier this year. ...Less

India's latest ecommerce export reforms could transform thousands of MSMEs into global exporters by conne ...More

India's latest ecommerce export reforms could transform thousands of MSMEs into global exporters by connecting small-town manufacturers with overseas buyers through platforms such as Amazon and Flipkart. Combined with Districts as Export Hubs, ODOP and FTAs, the policy aims to broaden India's exports and create the country's next export growth story. ...Less

Bank of Baroda's June-quarter profit fell 72% due to a large settlement payment. Other income also declin ...More

Bank of Baroda's June-quarter profit fell 72% due to a large settlement payment. Other income also declined, impacting the bank's overall financial performance for the period. Shriram Finance reported a 60% increase in its standalone net profit for the first quarter. Bank of India's net profit jumped 36%, and it seeks foreign currency deposits. ...Less

Parliament will consider the Foreign Contribution Amendment Bill and Income-tax Amendment Bill. A major M ...More

Parliament will consider the Foreign Contribution Amendment Bill and Income-tax Amendment Bill. A major MSME reform package will also be introduced for passage. This package aims to create a national digital platform for small businesses. Higher education reforms and birth registration law amendments are also planned. The Viksit Bharat Shiksha Adhishthan Bill will be taken up after a committee report. ...Less

The Centre will introduce five new Bills during the Monsoon Session. Key proposals include income tax ref ...More

The Centre will introduce five new Bills during the Monsoon Session. Key proposals include income tax reforms and increasing Supreme Court judges. Two pending legislations, including the Foreign Contribution Bill, will also be taken up. The Registration of Births and Deaths Bill is among the new proposals. These measures aim for legal, judicial, administrative, and economic reforms. ...Less

The income tax e-filing portal has been upgraded to handle increased filings. Revenue from long-term capi ...More

The income tax e-filing portal has been upgraded to handle increased filings. Revenue from long-term capital gains rose significantly in assessment year 2025-26. The Centre's debt as a percentage of GDP has declined to 58.2%. MSME exports and industrial training institutes have both seen expansion. Capital expenditure has seen a substantial five-fold increase since 2014. ...Less

The 10% temporary US tariff imposed on imports from India and other trading partners is set to expire at ...More

The 10% temporary US tariff imposed on imports from India and other trading partners is set to expire at 9:31 am IST on July 24, unless the Trump administration announces an extension or a new tariff regime. ...Less

Finance Minister Nirmala Sitharaman stated the rupee's value is market-determined. The Reserve Bank of In ...More

Finance Minister Nirmala Sitharaman stated the rupee's value is market-determined. The Reserve Bank of India monitors foreign exchange markets and intervenes when needed. Several measures are in place to boost foreign exchange inflows into India. These initiatives aim to ease pressure on the Indian rupee. The government closely tracks economic parameters and their implications. ...Less

Prime Minister Narendra Modi addressed the media before the Monsoon Session began. He expressed hopes for ...More

Prime Minister Narendra Modi addressed the media before the Monsoon Session began. He expressed hopes for a proactive and productive parliamentary session. The Prime Minister stated that productivity benefits the nation and all living beings. He prayed for both the monsoon and the session to be productive. This proactive approach aims for the welfare of the country. ...Less

Karnataka's Chief Minister will launch a campaign for permanent resident certificates. This initiative fa ...More

Karnataka's Chief Minister will launch a campaign for permanent resident certificates. This initiative faces sharp criticism from the BJP government. The BJP alleges the move could compromise the ongoing voter roll revision process. They claim the Congress government intends to include illegal immigrants. Concerns were raised about the timing and potential for forged documents. ...Less

Trade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system ...More

Trade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisation of economic activity, deeper financial penetration and the expanding reach of organised lenders, according to a report by Ashika Institutional Equities. The report said continued adoption of GST, digital payments and cash-flow-based underwriting will support credit expansion, while banks are likely to increasingly favour well-capitalised NBFCs with diversified funding profiles and healthy asset quality. ...Less

Parliament will soon consider a bill to replace an ordinance on tax exemptions. This aims to attract fore ...More

Parliament will soon consider a bill to replace an ordinance on tax exemptions. This aims to attract foreign capital and stabilize the rupee. The proposed legislation seeks to deepen India's sovereign debt market. It will also enhance liquidity amid global economic uncertainties. Another bill to amend MSME Development Act will also be introduced. ...Less

Downstream aluminium manufacturers are urging the government to reduce import duties. Higher global metal ...More

Downstream aluminium manufacturers are urging the government to reduce import duties. Higher global metal prices and freight costs pressure small businesses. A duty cut could ease input costs and improve capacity utilization. Primary producers may resist this move due to current pricing benefits. This situation impacts sectors like cables, conductors, and extrusions. ...Less

Mandatory energy performance ratings are set to be introduced for sizable commercial buildings over 20,00 ...More

Mandatory energy performance ratings are set to be introduced for sizable commercial buildings over 20,000 square metres in India. This pivotal move aims to elevate energy efficiency within the burgeoning building industry, allowing the government to standardize evaluations and promote superior building designs. Consequently, consumers will have the opportunity to assess and compare energy efficiency ratings across various properties. ...Less

We live in a world where one statement or one missile can cause crude oil prices to spike. In such times, ...More

We live in a world where one statement or one missile can cause crude oil prices to spike. In such times, expecting rational behaviour in the equity (or commodity) market is probably expecting too much. At this juncture, investors need to develop the ability to either keep out of the market or invest only with a long-term perspective. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

After four days of relative outperformance, the Indian market is seemingly in trouble: Both the indices ( ...More

After four days of relative outperformance, the Indian market is seemingly in trouble: Both the indices (the Nifty and Sensex) and market breadth are under pressure. And, yes, it is quite possible it will remain so. Why? Because the Indian rupee and crude oil prices are moving in a direction that is not good for the economy – and hence for the market. So, be volatility-ready. ...Less

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Gujarat leads India's major states in NITI Aayog's Investment Friendliness Index 2026. The state achieved ...More

Gujarat leads India's major states in NITI Aayog's Investment Friendliness Index 2026. The state achieved the highest score, reflecting its investor-friendly business environment. Gujarat's policy stability and efficient single-window system attract significant investor confidence. World-class industrial infrastructure and strong logistics further enhance its competitive advantage. The state's robust economic fundamentals and fiscal discipline support sustained investment growth. ...Less

Punjab National Bank is seeking a partner for its merger and acquisition financing portfolio. The bank ai ...More

Punjab National Bank is seeking a partner for its merger and acquisition financing portfolio. The bank aims to gather $2.5 billion in special FCNR(B) deposits and has already mobilized funds. Its corporate loan book is projected to exceed four lakh crore rupees this fiscal year. PNB is actively focusing on renewable energy and emerging sectors like hydrogen capacity. ...Less

The Centre convened an all-party meeting seeking cooperation for Parliament's Monsoon Session. Union Mini ...More

The Centre convened an all-party meeting seeking cooperation for Parliament's Monsoon Session. Union Minister Kiren Rijiju urged constructive participation from all political parties. He emphasized that a well-functioning Parliament benefits the entire nation. The Monsoon Session is scheduled to commence on Monday and conclude on August 13. The government will present its legislative agenda while opposition parties raise key issues. ...Less

Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as ...More

Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to offset concerns over shrinking net interest margins, weaker CASA deposits and leadership uncertainty. ICICI Bank bucked the trend, supported by resilient profitability and balanced loan growth. ...Less

Central Public Sector Enterprises must now use TReDS for MSME supplier transactions. This move aims to re ...More

Central Public Sector Enterprises must now use TReDS for MSME supplier transactions. This move aims to resolve delayed payment issues for small businesses. The Ministry of Micro, Small and Medium Enterprises issued this notification on June 30, 2026. TReDS is an RBI-regulated platform for invoice financing by financiers. This ensures timely cash flow for MSME suppliers through approved invoices. ...Less

The Madhya Pradesh Cabinet has approved the draft Uniform Civil Code (UCC) Bill, 2026, proposing a common ...More

The Madhya Pradesh Cabinet has approved the draft Uniform Civil Code (UCC) Bill, 2026, proposing a common civil law that bans triple talaq, nikah halala and polygamy, mandates marriage and live-in relationship registration, ensures equal inheritance rights, and exempts Scheduled Tribes. The bill will be tabled in the Assembly's monsoon session. ...Less

Several significant bills are slated for introduction during the Lok Sabha Monsoon session. The Vande Mat ...More

Several significant bills are slated for introduction during the Lok Sabha Monsoon session. The Vande Mataram national song will receive statutory protection similar to the national anthem. New legislation aims to tighten control over foreign contributions to non-governmental organizations. Stricter regulations for delayed birth and death registrations are also planned. A major overhaul of higher education will dissolve existing regulatory bodies into one commission. ...Less

Addressing a conference organised by industry body FICCI, he cited a recent report by Crisil which highli ...More

Addressing a conference organised by industry body FICCI, he cited a recent report by Crisil which highlighted that the food processing level has increased to 17 per cent in 2023 from 10 per cent in 2010-11. ...Less

Jana Small Finance Bank plans to reduce unsecured loans to 22-23% of its portfolio over the next two year ...More

Jana Small Finance Bank plans to reduce unsecured loans to 22-23% of its portfolio over the next two years from 27%, with a long-term target of an 80:20 secured-unsecured mix. The lender expects its proposed partnership with the TVS Venu Group to accelerate two-wheeler financing. It also guided for up to 21% loan growth and an 80% rise in FY27 net profit. ...Less