The number of enterprises in the formal ecosystem has increased from around 16.5 million three to four ye ...More

The number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, said MSME Secretary. ...Less

India's financial framework is undergoing a significant evolution as digital resources, advanced data ana ...More

India's financial framework is undergoing a significant evolution as digital resources, advanced data analytics, and innovative technology pave the way for broader credit opportunities, particularly benefiting MSMEs. Lentra's Growth Alliance Program (GAP) is designed to enable an emerging lender’s growth ambition and offer them the infrastructure necessary to support that journey. ...Less

Banks in India foresee a stable outlook for asset quality, driven by the reduction of unsecured lending w ...More

Banks in India foresee a stable outlook for asset quality, driven by the reduction of unsecured lending which should prevent new stresses from emerging. The current crisis in West Asia is unlikely to significantly affect operations. Furthermore, with a strong government backing, microfinance loans provide more security, and although MSME loans continue to grow, they are still within safe limits for banks. ...Less

FISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning t ...More

FISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning that a blanket ban could disrupt working-capital finance for MSMEs. The industry body said revolving credit helps small businesses manage cash-flow gaps, as they can draw funds when needed, pay interest only on the amount used and restore their credit limit after repayment. ...Less

A national seminar at IIT Madras focused on enabling Indian MSMEs to tap global markets. Policymakers and ...More

A national seminar at IIT Madras focused on enabling Indian MSMEs to tap global markets. Policymakers and experts discussed digital commerce, technology, and export procedures for small businesses. The event highlighted innovation and academia-industry collaboration for enhanced competitiveness. Discussions covered trade finance, international market access, and regulatory compliance for exporters. This initiative aims to strengthen MSMEs' market access and digital adoption for global expansion. ...Less

The IAS officer Gyanendra Kumar Gangwar was arrested by the criminal investigation department on Sunday, ...More

The IAS officer Gyanendra Kumar Gangwar was arrested by the criminal investigation department on Sunday, due to his involvement in the Karnataka Public Service Commission recruitment scandal concerning veterinary officers. Formerly the examination controller at the MSME directorate, Gangwar faced extensive scrutiny, with the enforcement directorate also raiding his residence. Following this, he was brought before a magistrate and placed under judicial custody. ...Less

India’s next MSME growth wave could come from the country’s vast rural talent pool—but only if skilling m ...More

India’s next MSME growth wave could come from the country’s vast rural talent pool—but only if skilling moves beyond certificates to genuine industry readiness. ...Less

Sidbi achieved a record net profit of Rs 5,493 crore in FY26. Its balance sheet and asset base saw signif ...More

Sidbi achieved a record net profit of Rs 5,493 crore in FY26. Its balance sheet and asset base saw significant growth during the financial year. Loans and advances increased by seventeen percent, reflecting strong business expansion. The bank maintained stable asset quality with a low gross NPA ratio. Sidbi also approved a twenty percent dividend for its shareholders for FY25. ...Less

Indian Bank anticipates treasury income between Rs 1,000 and Rs 1,500 crore this fiscal year. The lender ...More

Indian Bank anticipates treasury income between Rs 1,000 and Rs 1,500 crore this fiscal year. The lender expects its gold loan book to surpass Rs 1.5 lakh crore during this period. Gross non-performing assets are targeted to decrease to 1.5-1.6 percent by year-end. The bank plans to sell Rs 200 crore in bad loans to an asset reconstruction company. ...Less

The chairman of the State Bank of India underscores the nation's economic resilience, emphasizing the ban ...More

The chairman of the State Bank of India underscores the nation's economic resilience, emphasizing the bank's robust standing in the financial sector. With a growth forecast of 7.5% and inflation consistent with RBI predictions, SBI is gearing up for a remarkable 14-15% rise in credit, driven by retail and SME sectors. The bank is also focusing on enhancing its fee income while aiming for a 1% return on assets. ...Less

Karandlaje objected particularly to a provision allowing the state government, on the recommendation of a ...More

Karandlaje objected particularly to a provision allowing the state government, on the recommendation of a high-level committee, to alienate or permit the use of up to 5% of a park’s total area through sale, lease, gift, exchange, mortgage or other means. ...Less

Indian Bank plans to open approximately one hundred new branches this year. The bank will also increase i ...More

Indian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand five hundred personnel. This expansion aims to strengthen its presence in Central and Western regions. Asset quality management remains a focus, with targets for reducing NPAs. The lender anticipates its gold loan book will surpass one lakh fifty thousand crore rupees. ...Less

Regional Rural Banks saw gross loans rise 10.3 percent to Rs 5,78,349 crore. Their performance under Prio ...More

Regional Rural Banks saw gross loans rise 10.3 percent to Rs 5,78,349 crore. Their performance under Priority Sector Lending targets remained strong, achieving 91.7 percent. Agriculture and allied activities formed the largest credit component, accounting for 77 percent. MSME lending focused on micro enterprises, supporting rural entrepreneurs and small businesses. RRBs also extended significant credit to weaker sections and inclusive development areas. ...Less

Jio Financial Services will launch an AI personal CFO and membership program with an aim to acquire custo ...More

Jio Financial Services will launch an AI personal CFO and membership program with an aim to acquire customers cost-effectively through its digital network. The company is scaling lending and asset management businesses significantly. ...Less

Aditya Birla Capital will enter India’s competitive gold loan market with 200-300 dedicated branches by M ...More

Aditya Birla Capital will enter India’s competitive gold loan market with 200-300 dedicated branches by March 2027, followed by a target of around 1,000 branches over three years. The move comes after Tata Capital and Godrej Capital entered the segment, as diversified non-bank lenders expand secured lending portfolios. ...Less

TILT is targeting India’s ‘Next Billion’- underserved, lower-income Indians who are gaining greater acces ...More

TILT is targeting India’s ‘Next Billion’- underserved, lower-income Indians who are gaining greater access to markets, technology and financial services. The fund is backed by the Livelihood Impact Fund, along with entrepreneurs and investors including Deep Kalra, founder of MakeMyTrip; Amit Gupta, founding partner at TPG NewQuest; Hari Menon, cofounder of BigBasket; Binny Bansal, cofounder of Flipkart; the Raj & Indra Nooyi Family Office; and Vidit Aatrey, cofounder and CEO of Meesho. ...Less

Starting on October 1, 2026, new charges will be introduced for the National Pension System. All subscrib ...More

Starting on October 1, 2026, new charges will be introduced for the National Pension System. All subscribers are required to pay a one-time onboarding fee of Rs 200 to register for PRAN. Additionally, active schemes will incur an annual fee of 0.20% of Assets Under Management (AUM). However, those opting for digital onboarding will benefit from a reduced charge of Rs 100. ...Less

India’s NBFC sector is showing signs of a broad-based cyclical recovery, with FY27 first-quarter results ...More

India’s NBFC sector is showing signs of a broad-based cyclical recovery, with FY27 first-quarter results pointing to stronger loan growth, improving asset quality, lower credit costs and emerging operating leverage. Earnings estimates are also being upgraded, raising expectations of sustained profitability and a potential valuation re-rating across leading lenders. ...Less

With the industry’s who’s who in attendance, the event explored the opportunities and challenges shaping ...More

With the industry’s who’s who in attendance, the event explored the opportunities and challenges shaping businesses in a rapidly changing world. ...Less

Brokerages remain bullish on Arvind, Bajaj Finance and Crompton Greaves Consumer Electricals, citing grow ...More

Brokerages remain bullish on Arvind, Bajaj Finance and Crompton Greaves Consumer Electricals, citing growth opportunities, earnings recovery and structural tailwinds. Elara Capital sees a recovery in Arvind, Nomura expects gold loans and an MSME revival to drive Bajaj Finance’s AUM growth, while Motilal Oswal sees further upside in Crompton on premiumisation, new products and margin improvement. ...Less

The IPO will remain open for subscription from August 27 to August 31, 2026. The allotment is expected to ...More

The IPO will remain open for subscription from August 27 to August 31, 2026. The allotment is expected to be finalized on September 1, while the shares are likely to debut on the BSE SME platform on September 3, 2026. ...Less

The Enforcement Directorate raided IAS officer Gyanendra Kumar Gangwar's properties in Bengaluru and Bare ...More

The Enforcement Directorate raided IAS officer Gyanendra Kumar Gangwar's properties in Bengaluru and Bareilly. This action is part of a money laundering investigation into KPSC exam irregularities. The probe involves allegations of bribery, paper leaks, and OMR sheet tampering. Karnataka Home Minister Priyank Kharge clarified Gangwar's absence was due to a family emergency. The ED previously searched KPSC offices and former officials' premises in this ongoing investigation. ...Less

The MSME ministry is set to announce new regulations for small businesses next month. These amendments fo ...More

The MSME ministry is set to announce new regulations for small businesses next month. These amendments focus on improving invoice financing through the Trade Receivables Discounting System, ultimately aiming to bolster cost efficiency and global competitiveness. As Parliament has recently addressed issues of delayed payments, digital platforms will play a crucial role in overseeing the effective implementation of this law. ...Less

According to a notice issued by Amazon India on its seller forum, the company has, with effect from Augus ...More

According to a notice issued by Amazon India on its seller forum, the company has, with effect from August 17, 2026, changed the manner in which it calculates order cancellation fees for sellers using its Easy Ship and Self Ship services. Flipkart, meanwhile, has put in place a three-tier penalty structure for lapses in order fulfilment, effective August 23, 2026. ...Less

India has lifted its four-year ban on wheat and wheat product exports. This move is expected to help temp ...More

India has lifted its four-year ban on wheat and wheat product exports. This move is expected to help temper rising global prices for the staple food. Small and medium enterprises can now export their brands overseas after the ban removal. Global wheat prices had risen due to geopolitical tensions and the Russia-Ukraine war. Increased demand from Bangladesh is anticipated following the export restrictions being eased. ...Less

Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full pri ...More

Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full price for a sector, the risk of getting a single name wrong is more expensive than usual. A focused bet at a high valuation, on a company that then runs into a rule change or some other trouble, hurts a great deal.Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score. ...Less

Indian Bank expects its gold loan book to surpass Rs 1.5 lakh crore this financial year. This growth will ...More

Indian Bank expects its gold loan book to surpass Rs 1.5 lakh crore this financial year. This growth will be driven by increased loan volumes and robust demand for gold loans. The bank also reported significant CASA deposit growth in the first quarter. It has successfully raised USD 400 million through overseas bond issuance. Further foreign currency inflows are anticipated from FCNR(B) deposits. ...Less

Aditya Birla Capital Limited is entering the gold loan business segment. The company plans to establish a ...More

Aditya Birla Capital Limited is entering the gold loan business segment. The company plans to establish approximately 1,000 branches over three years. This strategic expansion complements its existing retail and MSME lending franchise. Diversified lenders are showing increased interest in India's fast-growing gold loan market. Gold loans are witnessing strong structural growth amid rising commodity prices. ...Less

Extreme heat poses a significant economic threat to India's workforce and GDP. Lost labor hours and reduc ...More

Extreme heat poses a significant economic threat to India's workforce and GDP. Lost labor hours and reduced productivity impact both workers and businesses nationwide. Proposed solutions include infrastructure upgrades and strategic work hour adjustments. Climate-hardened supply chains and financial safety nets are also crucial for resilience. India must plan for heat as a recurring constraint, not just an emergency. ...Less

The collaborative framework aims to enhance the livelihoods of indigenous artisans, weavers, and producer ...More

The collaborative framework aims to enhance the livelihoods of indigenous artisans, weavers, and producers, while simultaneously strengthening the country's One District One Product ecosystem. ...Less

India has set an ambitious target of reaching USD 100 billion in gems and jewellery exports by 2040. Achi ...More

India has set an ambitious target of reaching USD 100 billion in gems and jewellery exports by 2040. Achieving this goal hinges on innovative practices, exceptional design leadership, and substantial value addition. A collaborative effort between government bodies and industry leaders aims to transform this sector, with a focus on enhancing human capital and embracing cutting-edge technologies to establish India as a global leader in design-driven jewellery. ...Less

When it comes to the banking sector, one should, at this point of time, give some leeway in terms of cred ...More

When it comes to the banking sector, one should, at this point of time, give some leeway in terms of credit growth. The more important thing to watch for in individual banks is the growth of their digital footprints. If that number is not going up, it can be a cause for concern. 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

State Bank of India underwrote nearly one lakh crore rupees in MSME loans using artificial intelligence. ...More

State Bank of India underwrote nearly one lakh crore rupees in MSME loans using artificial intelligence. AI is also automating the processing of cheques up to ten thousand rupees. This technology frees up relationship managers' time for other important tasks. The bank deploys AI across the customer lifecycle for various functions. Benefits include improved customer satisfaction and employee efficiency. ...Less

India must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, ...More

India must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes have raised freight, insurance and working-capital costs, particularly hurting MSME exporters trading with Europe and the US. ...Less

At the One of a Kind Awards - for early stage startups, presented by The Economic Times and Cashfree Paym ...More

At the One of a Kind Awards - for early stage startups, presented by The Economic Times and Cashfree Payments, the GTM Excellence Award recognised an early-stage, internet-first startup that built a clear path from product innovation to customer adoption, distribution and sustained growth. ...Less

It also proposed a flagship role for the Ministry of Education, recommending that entrepreneurship course ...More

It also proposed a flagship role for the Ministry of Education, recommending that entrepreneurship courses culminate in students attempting a real first sale rather than a written examination. ...Less

The Micro, Small and Medium Enterprises Development (Amendment) Bill was passed by Parliament last week, ...More

The Micro, Small and Medium Enterprises Development (Amendment) Bill was passed by Parliament last week, nearly two decades after the MSMED Act was enacted. ...Less

India is actively chasing bilateral trade agreements with vigor and determination. However, its approach ...More

India is actively chasing bilateral trade agreements with vigor and determination. However, its approach to multilateral trade is characterized by hesitation and caution. This dichotomy leads to misunderstandings and hampers India's global image. Despite considerable economic advancements, old policies linger. A reassessment of these traditional positions is essential for aligning with contemporary trade objectives. ...Less

The Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to br ...More

The Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparency to lending practices. Floating rate loans will see increased transparency and stricter reset periods. Personal and MSME loans from commercial banks must link to external benchmarks. These proposed changes are expected to take effect from April 1, 2027. ...Less

DTDC CEO Abhishek Chakraborty discusses how the new DTDC Bharat One Hub in Rathiwas will reduce dependenc ...More

DTDC CEO Abhishek Chakraborty discusses how the new DTDC Bharat One Hub in Rathiwas will reduce dependence on Delhi-NCR, support rapid commerce, and strengthen the company’s focus on MSMEs and new-age businesses. ...Less

Indian MSMEs in the secondary steel sector can reduce power bills significantly. Switching to renewable e ...More

Indian MSMEs in the secondary steel sector can reduce power bills significantly. Switching to renewable energy offers substantial annual savings for these businesses. This transition also helps slash greenhouse gas emissions from steel production. A cluster-based approach makes renewable energy procurement more feasible for MSMEs. Adopting renewables lowers costs and carbon footprints simultaneously for producers. ...Less

Parag Sharma expects the company, India's second-biggest non-bank lender by market value, to sustain 18-2 ...More

Parag Sharma expects the company, India's second-biggest non-bank lender by market value, to sustain 18-20% credit growth annually and maintain 8.5% margins, without having to raise capital every few years to expand its asset base. ...Less

Here’s one thing to watch for in the next few weeks: How does the street treat disappointments in the mid ...More

Here’s one thing to watch for in the next few weeks: How does the street treat disappointments in the mid-cap segment? If the reaction is limited to the stock concerned and does not sustain beyond one or two trading sessions, it can be taken as a bullish sign. If, however, the disappointment with one stock leads the street to punish the whole sector in that segment, it suggests there are more institutional investors waiting to sell. It would also indicate that the market is top heavy. ...Less

The Supreme Court on Thursday questioned FSSAI over its reluctance to mandate warning labels on packaged ...More

The Supreme Court on Thursday questioned FSSAI over its reluctance to mandate warning labels on packaged foods high in salt, sugar and saturated fats, alleging corporate pressure and stressing consumer awareness. The Centre has two weeks to decide whether it will implement interpretive front-of-pack labels or require judicial intervention. ...Less

Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 ...More

Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accounts. Bank credit growth also accelerated to its fastest pace since June 2024. This surge was driven by corporate demand and MSME lending programs. India garnered nearly $41 billion in total inflows by July 31. ...Less

A prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs ...More

A prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs while squeezing exporters and adding pressure on imported industrial and agricultural inputs. ...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

S&P Global Ratings has assigned IDFC FIRST Bank an inaugural investment-grade rating of BBB- for the long ...More

S&P Global Ratings has assigned IDFC FIRST Bank an inaugural investment-grade rating of BBB- for the long term, with a Stable Outlook. The rating is expected to strengthen the lender’s access to global funding markets and support international operations. S&P also highlighted strong capitalization, improving profitability, stable asset quality and funding. ...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

Sammaan Capital reported a 27% YoY decline in consolidated profit to Rs 243 crore in Q1FY27, while revenu ...More

Sammaan Capital reported a 27% YoY decline in consolidated profit to Rs 243 crore in Q1FY27, while revenue from operations also fell. The company reported Rs 56,239 crore in AUM and Rs 3,875 crore in disbursements, with plans to accelerate growth and reduce funding costs. ...Less

A parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to pr ...More

A parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to prevent fund diversion during insolvency proceedings. The committee noted a significant gap between avoidance transaction values and actual recoveries. ...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

Central Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing i ...More

Central Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million for July. The bank raised these funds through its GIFT City branch and aims for $400 million by September. The Reserve Bank of India introduced this special window to boost foreign capital inflows. ...Less

The State Investment Promotion Board approved over two lakh crore rupees in investments. Twenty-five new ...More

The State Investment Promotion Board approved over two lakh crore rupees in investments. Twenty-five new projects were approved, which will create more than twenty-one thousand jobs. Investments will focus on emerging sectors like green ammonia and lithium batteries. Officials were directed to promote industries and address public misconceptions about development. The government will ensure water supply and strengthen connectivity for industrial growth. ...Less

Shiprocket is gearing up to secure ₹885 crore through fresh equity aimed at bolstering expansion and addr ...More

Shiprocket is gearing up to secure ₹885 crore through fresh equity aimed at bolstering expansion and addressing debt obligations. Additionally, the company plans to raise ₹732 crore via an offer for sale. With a profitable core business and growing emerging segments, revenue has risen by 24% annually from FY24 to FY26. Investors seeking long-term growth opportunities with a higher risk appetite might find this venture appealing. ...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

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

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

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

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

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

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

Shiprocket IPO entered Day 2 with 97% overall subscription on Day 1, driven by retail investors bidding 3 ...More

Shiprocket IPO entered Day 2 with 97% overall subscription on Day 1, driven by retail investors bidding 3.34 times. The grey market premium signals potential listing gains of 35% over the Rs 97 price cap. Major brokerages have issued 'Subscribe' ratings, citing strong positioning in India's expanding e-commerce ecosystem. ...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

The PLI will be set at 10% of the domestic bill of materials (BoM) value in the first year, staggered to ...More

The PLI will be set at 10% of the domestic bill of materials (BoM) value in the first year, staggered to 8%, 6%, 4% and 2% over the next four years, they said. Total government support will be capped at 50% of eligible capital expenditure. The proposed framework will cover research and development facilities, semiconductor-grade materials, test and characterisation facilities, and the manufacture and assembly of semiconductor equipment, the people said. ...Less

Shiprocket IPO GMP: In the grey market, Shiprocket shares are currently commanding a 31% premium over the ...More

Shiprocket IPO GMP: In the grey market, Shiprocket shares are currently commanding a 31% premium over the upper end of the issue price of Rs 97, signalling expectations of a strong listing gain. ...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 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

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

What is volatility? There is, of course, a mathematical definition. Then there is the human definition, w ...More

What is volatility? There is, of course, a mathematical definition. Then there is the human definition, which is how investors feel it. In the case of later, it is the difference between the mood on the street a month back and and the mood in the last week. The underlying trend in the volatility is also changing. ...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

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

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

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

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

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

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

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

"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

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

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

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

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

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

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 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 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

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 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

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 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

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

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

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

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

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