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

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

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 ministry has launched a nationwide consultation exercise to strengthen the MSME ecosystem and their m ...More

The ministry has launched a nationwide consultation exercise to strengthen the MSME ecosystem and their manufacturing base; it has received more than 2,000 suggestions so far, says Mercy Epao, Joint Secretary, MSME ministry. ...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

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

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

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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

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

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

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

LML Realty is set to launch a state-of-the-art industrial park in Haryana, with a substantial investment ...More

LML Realty is set to launch a state-of-the-art industrial park in Haryana, with a substantial investment of Rs 250 crore aimed at supporting MSMEs. This initiative provides a range of real estate solutions tailored for manufacturers and has received approval under the Haryana government's PADMA scheme. In an ambitious effort, LML Realty has plans to establish 100 industrial parks throughout India, promoting growth and innovation. ...Less

The exhibition, which opened on Tuesday and will run till Friday, aims to bring together the full breadth ...More

The exhibition, which opened on Tuesday and will run till Friday, aims to bring together the full breadth of India’s textile ecosystem under one roof. ...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

The India-UK free trade agreement begins today, offering zero-duty access for ninety-nine percent of Indi ...More

The India-UK free trade agreement begins today, offering zero-duty access for ninety-nine percent of Indian exports. This pact will unlock untapped potential across many labour-intensive industries and sectors. Indian professionals will also receive significant exemptions while working in the United Kingdom. Trade between the two nations is expected to double by the year 2030. This agreement is seen as a key step towards a developed India. ...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

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

Lending and deposit rates will likely moderate gradually in coming months. High-cost legacy deposits are ...More

Lending and deposit rates will likely moderate gradually in coming months. High-cost legacy deposits are maturing, and liquidity remains comfortable. Competition for retail deposits will keep rate declines measured. Fresh lending rates stood at 8.51 percent while deposit rates were 5.84 percent. Bank credit grew strongly, driven by retail and MSME lending. ...Less

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

Moody's Ratings has confirmed the ratings for both State Bank of India and HDFC Bank, attributing a stabl ...More

Moody's Ratings has confirmed the ratings for both State Bank of India and HDFC Bank, attributing a stable outlook to their robust asset quality. SBI excels with its diverse lending practices and stable net interest margins, while HDFC Bank is bolstered by a strong retail presence that ensures a low-cost deposit base. The agency forecasts that asset quality for both banks will remain stable moving forward. ...Less

New Income Tax Return forms for AY 2026-2027 introduce significant reporting changes. Taxpayers must now ...More

New Income Tax Return forms for AY 2026-2027 introduce significant reporting changes. Taxpayers must now report futures and options trading turnover and income. Disallowance of MSME interest under Section 43B(h) requires specific disclosure. Partners in firms need to provide additional details on interest and remuneration. These updates aim to enhance transparency and compliance for all taxpayers. ...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

Prominent investors Ashish Kacholia and Madhusudan Kela have reduced their stakes in SG Finserve. This mo ...More

Prominent investors Ashish Kacholia and Madhusudan Kela have reduced their stakes in SG Finserve. This move follows a substantial 52% share price increase since the year began. Kacholia's holding dropped below the disclosure threshold, indicating a likely exit from the company. Kela also marginally decreased his investment in the non-banking financial firm. SG Finserve reported strong loan book growth and robust profit figures for the recent quarter. ...Less

Artificial intelligence integration promises significant profit improvements for Indian MSMEs. Digital ad ...More

Artificial intelligence integration promises significant profit improvements for Indian MSMEs. Digital adoption helps nearly sixty percent of these businesses achieve double-digit revenue growth. Expanded market access and improved customer acquisition are key benefits reported by MSMEs. Digital advertising by MSMEs contributes substantially to the national economy. Technology adoption is crucial for strengthening skilling and formalization efforts. ...Less

Union Bank of India achieved a remarkable 27.5% surge in its net profit for the June quarter. The bank ex ...More

Union Bank of India achieved a remarkable 27.5% surge in its net profit for the June quarter. The bank experienced a subtle rise in net interest income, alongside a slight enhancement in margins. Additionally, the bank attracted deposits from overseas locations like Australia and the UAE through a specialized RBI window. Both global and domestic deposits increased, with a significant growth in low-cost CASA deposits as well. ...Less

Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themse ...More

Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themselves ahead of a crucial round of Q1 earnings from major private lenders this weekend. Brokerages remain constructive on the sector, citing improving fundamentals, resilient loan growth and stable asset quality, while cautioning that pressure on net interest margins could weigh on near-term profitability. ...Less

North Bengal is emerging as a vital economic corridor, connecting trade and regional integration. Bagdogr ...More

North Bengal is emerging as a vital economic corridor, connecting trade and regional integration. Bagdogra Airport's expansion signals growing confidence in business and urban development. Upgraded infrastructure and new policy initiatives support this economic transformation. Siliguri is evolving into a regional hub, creating economic value beyond its transit role. A new generation of entrepreneurs is building globally relevant businesses from the region. ...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

Mahesh Muralidhar Pai will become South Indian Bank's new MD and CEO. The Reserve Bank of India approved ...More

Mahesh Muralidhar Pai will become South Indian Bank's new MD and CEO. The Reserve Bank of India approved his appointment, effective October 1. He brings three decades of banking experience across various key verticals. Pai previously led digital banking and innovation initiatives at Canara Bank. His appointment follows the conclusion of PR Seshadri's current term. ...Less

At a review meeting chaired by textiles minister Giriraj Singh, the ministry assessed the progress of key ...More

At a review meeting chaired by textiles minister Giriraj Singh, the ministry assessed the progress of key initiatives aimed at strengthening India's textile ecosystem through technology upgradation, institutional reforms and enhanced industry support. ...Less

The UK-India CETA agreement, effective July 2026, enhances services trade and professional mobility. It o ...More

The UK-India CETA agreement, effective July 2026, enhances services trade and professional mobility. It offers improved market access across twelve major service sectors for Indian professionals. The pact streamlines temporary entry rules for various worker categories into the UK. Mutual recognition of qualifications and reduced social security contributions are also key benefits. This agreement aims to significantly expand bilateral services trade and opportunities for Indian businesses. ...Less

Union Minister Shobha Karandlaje has accused the Karnataka government of misusing permanent residence cer ...More

Union Minister Shobha Karandlaje has accused the Karnataka government of misusing permanent residence certificates. She alleges the state is using these certificates to regularize illegal Bangladeshi immigrants. The minister has requested Home Minister Amit Shah to intervene and halt the certificate issuance. Karandlaje claims this process aids illegal immigrants in obtaining government benefits. She argues the move compromises national security and electoral integrity. ...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

The Aluminium Secondary Manufacturers Association (ASMA) is urging the government to eliminate basic cust ...More

The Aluminium Secondary Manufacturers Association (ASMA) is urging the government to eliminate basic customs duties on primary aluminium and scrap. This move aims to lower raw material costs for the crucial MSME sector, boost downstream manufacturing, and enhance India's global competitiveness. Industry leaders believe this will unlock idle capacity and create more jobs, supporting the nation's manufacturing ambitions. ...Less

The Indian private credit market is rapidly becoming a mainstream asset class. This market is expanding a ...More

The Indian private credit market is rapidly becoming a mainstream asset class. This market is expanding at a robust thirty percent compound annual growth rate. It offers customized capital and strategic mentorship to growing companies. Traditional banks and alternative debt funds will complement each other under new frameworks. The market is projected to safely scale past thirty billion dollars by 2030. ...Less

The Reserve Bank of India is poised to keep its policy rates steady in the short term. Nonetheless, BofA ...More

The Reserve Bank of India is poised to keep its policy rates steady in the short term. Nonetheless, BofA Securities predicts that rising concerns over domestic inflation could lead to increased rates in the future. Revisions to FY27 economic growth projections indicate a stronger demand trend, while external accounts are anticipated to show improvement with a reduced current account deficit. ...Less

It is always important to make a distinction between sentiment and real business. While sentiment can imp ...More

It is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it is business fundamentals that matter in the long term. And if they are turning structurally better, just ignore the noise on the street. The business updates for Q1 FY27 are probably a better guide. 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

Payoneer opened its innovation hub in Gurugram, India, on Monday. The company plans to expand its Delhi N ...More

Payoneer opened its innovation hub in Gurugram, India, on Monday. The company plans to expand its Delhi NCR center to 300 employees. This facility will drive Payoneer's transformation into an AI-native technology company. India's engineering talent and fintech ecosystem are key to this strategy. Payoneer aims for India to be a top global market and innovation engine. ...Less

HDFC Bank shares dropped on Monday ahead of its Q1 FY27 earnings this week, erasing around Rs 21,500 cror ...More

HDFC Bank shares dropped on Monday ahead of its Q1 FY27 earnings this week, erasing around Rs 21,500 crore in market value. While the lender reported strong loan growth in its business update, investors will closely track earnings, asset quality, margins and management commentary for signs of sustained growth. ...Less

Arunachal Pradesh Cabinet meeting, chaired by Chief Minister Pema Khandu, unveiled a transformative refor ...More

Arunachal Pradesh Cabinet meeting, chaired by Chief Minister Pema Khandu, unveiled a transformative reform agenda aimed at building on the gains of the past decade while significantly enhancing the ease of living, quality of life of citizens, and ease of doing business in the state. ...Less

Five major private banks will announce their Q1 results this Saturday. Analysts offer mixed views on whic ...More

Five major private banks will announce their Q1 results this Saturday. Analysts offer mixed views on which banking stocks investors should consider. ICICI Bank is favored for its strong performance and reasonable valuation. HDFC Bank is seen as a defensive choice, while Axis Bank shows momentum. Kotak Mahindra Bank and Yes Bank present more selective investment opportunities. ...Less

Businesses welcome the pact but seek clarity on implementation details and regulations. Technical standar ...More

Businesses welcome the pact but seek clarity on implementation details and regulations. Technical standards and rules of origin require further guidance for effective trade. Medical device exporters express cautious optimism and need policy safeguards. The agreement aims to boost exports and integrate India into global value chains. ...Less

Arunachal Pradesh's Cabinet approved Rs 7,834 crore for four comprehensive schemes. This investment will ...More

Arunachal Pradesh's Cabinet approved Rs 7,834 crore for four comprehensive schemes. This investment will improve roads and rural connectivity across the state. The government also approved power infrastructure upgrades and enhanced education programs. New initiatives will support youth, MSMEs, and public services. ...Less

While overall credit performance remains stable, unsecured business loans to entities and smaller ticket- ...More

While overall credit performance remains stable, unsecured business loans to entities and smaller ticket-size loans show emerging risk pockets. Understanding these diverse MSME credit needs is crucial for sustainable growth. ...Less

Filed by the Forum for Internet Retailers, Sellers and Traders (FIRST) on July 6, the complaint has sough ...More

Filed by the Forum for Internet Retailers, Sellers and Traders (FIRST) on July 6, the complaint has sought an investigation into Flipkart, saying the ecommerce marketplace created an uneven playing field by favouring a "network of preferred sellers" and enabling them to sell products at prices independent merchants cannot match. ...Less

Receivables Exchange of India (RXIL), Invoicemart and M1xchange, the first three operators of the central ...More

Receivables Exchange of India (RXIL), Invoicemart and M1xchange, the first three operators of the central bank-backed invoice discounting system, currently account for an overwhelming share of the transactions—about 90% in May as per RBI data. Interoperability will enable businesses registered on one platform to do transactions with other platforms. ...Less

The bilateral partnership can unlock opportunities for MSMEs in AI, electronics, software exports, and se ...More

The bilateral partnership can unlock opportunities for MSMEs in AI, electronics, software exports, and semiconductors, says Gurmeet Singh, Executive Director of ESC India. ...Less

The hope for the bulls at this point of time is that the market stays in a stock-specific mode. So, if a ...More

The hope for the bulls at this point of time is that the market stays in a stock-specific mode. So, if a company announces Q1 FY27 numbers that are better than expected (or there is a structural improvement in the operating matrix of that company) the street reacts positively. If that is the case, it is probably a good sign for inflows that are critical for the market. ...Less

As Japanese Prime Minister Sanae Takaichi visits India, industry sees the biggest opportunity not in tari ...More

As Japanese Prime Minister Sanae Takaichi visits India, industry sees the biggest opportunity not in tariff concessions but in supplier ecosystems, technology transfer, and MSME-to-MSME partnerships that can reshape manufacturing. ...Less

Sentiment is a fickle thing and can change before you know it. And by the time you figure out why, the ma ...More

Sentiment is a fickle thing and can change before you know it. And by the time you figure out why, the market would have moved on. So, while there is no doubt that more headwinds await the Indian economy, it is probably time to look beyond – at a few things that are not obvious. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. ...Less

As a sector, housing finance has borne the brunt of regulatory changes and various scams at different poi ...More

As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that has produced both heroes (HDFC) and villains (DHFL). Given that housing demand will continue rising, it is a sector that is bound to grow. So, what matters is which stock you own; and how long you intend to hold it. The horizon is important as this sector has to deal with interest rate cycles as well as regulatory changes. This makes these stocks prone to phases of underperformance. ...Less

Industry experts say that the trade deal is expected to improve India’s price competitiveness, enhance ex ...More

Industry experts say that the trade deal is expected to improve India’s price competitiveness, enhance export opportunities, and strengthen its position as one of the world’s key fashion and retail markets. ...Less

A sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more ...More

A sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5. ...Less

The government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small ...More

The government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small enterprises, significantly boosting credit inflow to the sector. Recognizing delayed payments as a persistent issue, officials are now actively monitoring payments exceeding the 45-day limit to protect MSMEs. Despite global crises, Indian enterprises have shown remarkable resilience, supported by schemes like ECLGS. ...Less

Manufacturing MSMEs are experiencing the slowest credit growth in three years, raising concerns about len ...More

Manufacturing MSMEs are experiencing the slowest credit growth in three years, raising concerns about lenders' strategies. Only 41% of registered small businesses have accessed formal credit, and the share of new borrowers is declining. While trades and services sectors saw faster credit expansion, manufacturing's asset quality improvement lagged. This trend highlights a need for collective efforts to boost credit accessibility for emerging enterprises. ...Less

The event celebrated the sector's growth, highlighting government commitment to a resilient, technology-d ...More

The event celebrated the sector's growth, highlighting government commitment to a resilient, technology-driven MSME ecosystem. New initiatives aim to boost formalization, digital access, and innovation, fostering entrepreneurship and nation-building. ...Less

The real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit prote ...More

The real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit protects. ...Less

Liquidity alone won’t close the credit gap that most Indian MSME exporters face. This is where GST 2.0 ha ...More

Liquidity alone won’t close the credit gap that most Indian MSME exporters face. This is where GST 2.0 has its most underappreciated impact—the ability to turn compliance into capital access. ...Less

Leading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend wh ...More

Leading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are expanding at a quicker pace than customer deposits. Canara Bank saw its advances surge by 18%, while Indian Bank reported a 13.9% rise in credit. This robust credit expansion, particularly in retail, agriculture, and MSME sectors, signals a dynamic lending environment for these financial institutions. ...Less

Exporters' body FIEO has urged the government to implement GST refunds for foreign tourists to boost tour ...More

Exporters' body FIEO has urged the government to implement GST refunds for foreign tourists to boost tourism and retail exports. They also called for an 'Apex Green Transition Fund' to support cleaner technologies and for priority sector export credit to be extended, citing a significant decline in credit availability that's hindering MSME exporters. ...Less

The government has approved amendments to the KVIC Act, 1956, to modernize the Khadi and Village Industri ...More

The government has approved amendments to the KVIC Act, 1956, to modernize the Khadi and Village Industries sector. These changes aim to boost rural enterprises, enhance competitiveness through branding and innovation, and broaden the definition of rural areas. The reforms will also improve governance with greater representation and empower the government to notify new village industries, fostering inclusive economic growth and employment. ...Less

School assembly news headlines July 7: Prime Minister Modi embarks on a crucial three-nation visit to bol ...More

School assembly news headlines July 7: Prime Minister Modi embarks on a crucial three-nation visit to bolster India's Act East Policy. Meanwhile, the Ram Janmabhoomi Trust faces internal discussions amid donation allegations, and the Indian Navy prepares to commission the INS Mahendragiri. Heavy monsoon rains continue to disrupt life across several states, while the NSE eyes a September IPO. ...Less

Tuesday saw reports that some ships were hit in the Strait of Hormuz. And, in the US, the Nasdaq was down ...More

Tuesday saw reports that some ships were hit in the Strait of Hormuz. And, in the US, the Nasdaq was down. So, expect some pressure when the Indian market opens on Wednesday. But these are short-term issues. There are other things to look forward to. For instance, how the latest business updates are panning out. At the end of the day, it is earnings that matter. 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

Rahul Gandhi has accused the transport ministry of deliberately strangling small bus and truck body-build ...More

Rahul Gandhi has accused the transport ministry of deliberately strangling small bus and truck body-building workshops, calling 'Make in India' and 'Vocal for Local' mere slogans. He highlighted that artisans, who create jobs and drive the nation's momentum, are being unfairly blamed for technical faults and face regulations that favor large corporations. ...Less

Vice President C. P. Radhakrishnan will inaugurate 'MSME Day 2026 – Udyami Bharat' in New Delhi, unveilin ...More

Vice President C. P. Radhakrishnan will inaugurate 'MSME Day 2026 – Udyami Bharat' in New Delhi, unveiling tools designed to simplify business, enhance market access, and promote innovation. ...Less

Commerce Minister Piyush Goyal has called on states to identify importable products that can be manufactu ...More

Commerce Minister Piyush Goyal has called on states to identify importable products that can be manufactured competitively in India, aiming to boost domestic production and reduce foreign exchange outflow. He also urged for the establishment of export committees and regular reviews to support exporters. ...Less

Poonawalla Fincorp's stock has broken out of a descending wedge pattern, signaling a potential upward mov ...More

Poonawalla Fincorp's stock has broken out of a descending wedge pattern, signaling a potential upward move. Experts suggest buying the stock for a target of Rs 570 within the next 3-4 months. ...Less

M1xchange is an RBI-licensed Treds (Trade Receivables Electronic Discounting System) entity. C2FO runs C2 ...More

M1xchange is an RBI-licensed Treds (Trade Receivables Electronic Discounting System) entity. C2FO runs C2Treds and also has the same licence, which it may surrender going ahead. C2FO India’s parent company Pollen Inc. (C2FO US) is a major global player in early-payments solutions for small businesses, processing around $500 billion in payments across the US, Europe, and other markets. ...Less

Indian e-commerce exports are poised for significant growth, potentially adding USD 10 billion in the nex ...More

Indian e-commerce exports are poised for significant growth, potentially adding USD 10 billion in the next 2-3 years, according to a Directorate General of Foreign Trade official. Leveraging the nation's vast MSME sector and competitive logistics like India Post can unlock global markets. Free trade agreements also present opportunities, but require preparation. This expansion is crucial for achieving broader manufacturing ambitions and the ambitious USD 1 trillion merchandise export target. ...Less

Union Minister Shobha Karandlaje has urged the Election Commission to probe Karnataka's electoral roll re ...More

Union Minister Shobha Karandlaje has urged the Election Commission to probe Karnataka's electoral roll revision, alleging widespread guideline violations. She claims mandatory door-to-door verification has been replaced by camp-based exercises, potentially allowing ineligible individuals, including illegal immigrants, onto the rolls. Karandlaje fears the state administration is misusing its machinery for political gain, compromising the integrity of the process. ...Less

The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME le ...More

The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and retailers. The fintech is currently present in 500 cities, Tier II, III and IV cities, with over 30,000 borrowers having an average ticket size of Rs 10 lakh. ...Less

With the Budget setting the policy direction and the RBI directions providing the regulatory foundation, ...More

With the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move from a platform that has demonstrated value to one that can deliver MSME liquidity at scale. ...Less

In the stock market, everything has to be seen in context. Look at how the market was disappointed becaus ...More

In the stock market, everything has to be seen in context. Look at how the market was disappointed because crude oil prices inched up and crossed $78 on Wednesday. Now, think back to the last time the price was at this level. The markets had reacted positively – because it was on its way down. So, same price, but different expectations on the street. ...Less

Indian banks witnessed a surge in lending during the April-June quarter, outpacing deposit growth and wid ...More

Indian banks witnessed a surge in lending during the April-June quarter, outpacing deposit growth and widening the funding gap. This trend, driven by robust demand from corporate and retail sectors, has pushed the loan-to-deposit ratio to a decade-high, raising concerns about funding sustainability. While some lenders saw deposits decline, others maintained a balance, reflecting varied strategies amidst intense competition. ...Less

Indian pharmaceutical MSMEs are facing immense pressure from rising costs, supply chain woes, and stringe ...More

Indian pharmaceutical MSMEs are facing immense pressure from rising costs, supply chain woes, and stringent regulations. Industry representatives urge policy reforms, including energy access and expanded PLI schemes, to bolster competitiveness. Delayed GST refunds and liquidity issues further challenge smaller drug manufacturers, impacting their ability to compete globally and respond to disruptions. ...Less

Indian MSMEs are urging a policy overhaul to boost global competitiveness, citing challenges from geopoli ...More

Indian MSMEs are urging a policy overhaul to boost global competitiveness, citing challenges from geopolitical shifts and supply chain disruptions. Industry leaders emphasise the critical need for easier access to finance, technology, and markets, alongside faster payments. ...Less

India's MSMEs may power the country's manufacturing ambitions, but their competitiveness ultimately depen ...More

India's MSMEs may power the country's manufacturing ambitions, but their competitiveness ultimately depends on something far more basic—reliable electricity. ...Less

Paisalo Digital shares hit the 20% upper circuit after the company announced that promoter shareholding i ...More

Paisalo Digital shares hit the 20% upper circuit after the company announced that promoter shareholding increased to 46.72% in Q1FY27 from 41.75% in FY26 through open market purchases. The company also outlined an AI-led growth strategy and a roadmap to double its AUM, income and profit over the next three years. ...Less

MSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in ...More

MSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in supplier management and payments. ...Less

Despite challenges like fluctuating gold prices and evolving consumer tastes, experts highlight opportuni ...More

Despite challenges like fluctuating gold prices and evolving consumer tastes, experts highlight opportunities in design-led, innovative practices that can work well for the gem and jewellery sector. ...Less

While FTAs have opened global markets for MSMEs, experts say future deals should be designed more careful ...More

While FTAs have opened global markets for MSMEs, experts say future deals should be designed more carefully to help small firms compete at home and abroad. ...Less

Punjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-c ...More

Punjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-cost deposits to fuel growth. MD and CEO Ashok Chandra highlighted the bank's strong financial position and commitment to digital expansion and customer service. PNB aims to contribute to India's 'Viksit Bharat' vision by 2047, integrating ESG principles for responsible and sustainable development. ...Less

Diversified group Eleven has injected Rs 216 crore into its financial services arm, pushing total investm ...More

Diversified group Eleven has injected Rs 216 crore into its financial services arm, pushing total investment to Rs 470 crore over four years. This strategic move aims to bolster its scaled financial services franchise, with its NBFC, SVCL, having served over 19 lakh customers and disbursed Rs 10,000 crore. Eleven also launched Eleven Tech, a new platform for financial institutions, appointing Monu Ratra as its CEO. ...Less

Ketan Kulkarni discusses the logistics bottlenecks facing India’s MSMEs, the impact of PM Gati Shakti and ...More

Ketan Kulkarni discusses the logistics bottlenecks facing India’s MSMEs, the impact of PM Gati Shakti and ONDC, and why integrated supply chains will be critical for the sector's next phase of growth. ...Less

For India Inc., including MSMEs, the focus appears to have shifted from stabilisation to optimisation, as ...More

For India Inc., including MSMEs, the focus appears to have shifted from stabilisation to optimisation, as confidence grows on account of digital adoption, proactive policy changes and responsive tax administration. ...Less

Indian chemical industry leaders are urging a policy overhaul to boost competitiveness ahead of World MSM ...More

Indian chemical industry leaders are urging a policy overhaul to boost competitiveness ahead of World MSME Day 2026. They highlight the need for resilient supply chains, easier access to raw materials, and greater policy support amidst global trade fragmentation. Geopolitical tensions and rising logistics costs are impacting manufacturers, particularly in the specialty chemicals sector. ...Less

Axis Bank anticipates disbursing over ₹10,000 crore in MSME loans via the Emergency Credit Line Guarantee ...More

Axis Bank anticipates disbursing over ₹10,000 crore in MSME loans via the Emergency Credit Line Guarantee Scheme 5.0. The bank is also on track to add over 500 branches by FY27, recognizing the importance of physical presence for reaching underserved MSME clients. Axis Bank's MSME portfolio, already substantial at ₹3 lakh crore, continues its robust growth, demonstrating a strong market presence. ...Less

Kotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth managem ...More

Kotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth management business, adding a sizeable loan book, deposits, assets under management and customers. The deal is expected to strengthen Kotak's affluent banking franchise while supporting Deutsche Bank's strategy to focus on its core businesses. ...Less

India is poised for AI leadership, with large businesses rapidly adopting advanced systems. However, mill ...More

India is poised for AI leadership, with large businesses rapidly adopting advanced systems. However, millions of MSMEs lag due to traditional operational visibility issues. Bridging this gap by embedding intelligence into existing MSME systems is crucial for economic growth and realising India's AI ambitions. ...Less

India's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's la ...More

India's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy shows resilience, elevated commodity prices and a weaker global outlook pose risks. The central bank also flagged potential pressure on the fiscal deficit due to higher energy costs and subsidies. Despite these challenges, measures to support MSMEs and exports are expected to help sustain economic activity. ...Less

Kotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private ...More

Kotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management operations in India. This substantial deal, one of the largest in recent years, includes approximately ₹29,000 crore in loans and ₹16,000 crore in deposits. Around 1.5 lakh clients and nearly 1,000 employees will now join Kotak Mahindra Bank, bolstering its presence in the Indian financial landscape. ...Less

India's private credit market is booming, doubling in five years to $25 billion as companies seek alterna ...More

India's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans for expansion and acquisitions. Banks, wary of complex financing, are leaving a gap that private lenders are filling with flexible, albeit costlier, solutions. While growth is strong, regulators are urging caution due to emerging risks like rising defaults and market opacity. ...Less

As the second-largest employment generator in the country, the textile sector’s contribution to the econo ...More

As the second-largest employment generator in the country, the textile sector’s contribution to the economy is crucial, with MSMEs forming its backbone. ...Less

Recent studies by WRI India and HeatWatch reveal that heatwaves are disrupting production, increasing ope ...More

Recent studies by WRI India and HeatWatch reveal that heatwaves are disrupting production, increasing operational costs, reducing worker productivity, and posing serious health risks for factory workers. ...Less

India's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC ...More

India's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He highlighted that ongoing reforms are building a strong foundation for growth, with a call for further banking sector consolidation. Parekh also stressed the immense funding needs for domestic capacity building and the crucial role of self-reliance in a shifting global landscape. ...Less

Indian stainless steel MSMEs are urging the government to reinstate a quality control order after its sus ...More

Indian stainless steel MSMEs are urging the government to reinstate a quality control order after its suspension led to a surge in cheap Chinese imports. Industry bodies report a 65% year-on-year jump in imports, threatening domestic jobs and investments. Manufacturers claim these imports enter at predatory prices, undermining local businesses committed to quality and 'Make in India' principles. ...Less