V Anantha Nageswaran emphasized the need to revise non-performing asset classification norms for micro, s ...More

V Anantha Nageswaran emphasized the need to revise non-performing asset classification norms for micro, small and medium enterprises. He highlighted that existing norms do not consider diverse cash flow cycles and working capital requirements. The Chief Economic Advisor pointed out that a uniform global framework is unsuitable for India’s business practices. Additionally, he suggested reducing compliance costs for MSMEs to improve their operational efficiency. ...Less

The SBR will serve as a comprehensive database of business establishments across the country. Under the M ...More

The SBR will serve as a comprehensive database of business establishments across the country. Under the MoU, the two ministries will develop a structured format for sharing information from the MSME ministry's enterprise registration system with the ministry of statistics and programme implementation (MoSPI). ...Less

Indian pharma and chemical companies at CPHI Milan say the China+1 opportunity is real, but a “missing mi ...More

Indian pharma and chemical companies at CPHI Milan say the China+1 opportunity is real, but a “missing middle” in the MSME ecosystem, marked by financing gaps, limited scale and technology constraints, is holding back export growth. ...Less

The fundraise will allow NeoGrowth to grow its loan book to nearly Rs 3,000 crore before it needs another ...More

The fundraise will allow NeoGrowth to grow its loan book to nearly Rs 3,000 crore before it needs another equity infusion, Nayyar said, adding that the company plans to raise a larger equity round of roughly Rs 500 crore next year. ...Less

The 57th GST Council meeting, now slated for October 8, 2026 (Thursday), is likely to consider several pr ...More

The 57th GST Council meeting, now slated for October 8, 2026 (Thursday), is likely to consider several proposals aimed at easing the compliance burden for small businesses in the country. ...Less

Key discussions focused on MSME growth, investment opportunities in Maharashtra, and innovative strategie ...More

Key discussions focused on MSME growth, investment opportunities in Maharashtra, and innovative strategies for scaling businesses. Entrepreneurs and industry leaders shared insights on market adaptation, technological advancement, and overcoming traditional barriers, while recognizing outstanding contributions to the ecosystem. ...Less

Manufacturers say they have already increased corrugated box prices by around 10%, but this has not been ...More

Manufacturers say they have already increased corrugated box prices by around 10%, but this has not been sufficient to offset the rise in input costs. ...Less

Indifi has seen a roughly 50% increase in disbursements to quick commerce-focussed sellers compared to pr ...More

Indifi has seen a roughly 50% increase in disbursements to quick commerce-focussed sellers compared to previous years. “Quick commerce is a significant part of sales, especially where the order values are lower,” said Indifi cofounder Alok Mittal, adding that in some categories about 25-30% of the business of a typical borrower is now being driven by quick commerce. ...Less

The Gujarat government has classified 268 talukas across 34 districts into two categories for future inve ...More

The Gujarat government has classified 268 talukas across 34 districts into two categories for future investment prospects. This initiative intends to promote balanced development, focusing on new entrepreneurs and industrial expansion. The revised classifications will help businesses understand applicable incentives based on their project's location. The industrial policy also emphasizes supporting MSMEs, startups, and green initiatives. Overall, the government aims to accelerate industrial investment throughout Gujarat with these new guidelines. ...Less

The government is considering extending the Prime Minister's Employment Generation Programme until 2030-3 ...More

The government is considering extending the Prime Minister's Employment Generation Programme until 2030-31 with an estimated Rs 15,000 crore outlay, while easing access for vulnerable, rural and first-time entrepreneurs. Proposed changes include less documentation and no collateral requirements, as the scheme has sanctioned Rs 91,000 crore in loans so far. ...Less

The SME Growth Fund aims to provide long-term growth capital and address financing gaps for these busines ...More

The SME Growth Fund aims to provide long-term growth capital and address financing gaps for these businesses. By targeting manufacturing and services sectors, the initiative will facilitate expansion and enhance competitiveness. Strategic investments in Tier II and Tier III cities will foster balanced regional development as well. ...Less

Uttar Pradesh Chief Minister Yogi Adityanath addressed the International Carpet Fair celebrating the stat ...More

Uttar Pradesh Chief Minister Yogi Adityanath addressed the International Carpet Fair celebrating the state's economic progress since 2017. He noted that the region has shifted from anarchy to improved security and infrastructure, benefiting local artisans and businesses. Adityanath mentioned significant investments made in various sectors, enhancing the state's expressway network and airport facilities. The government's initiatives, particularly One District One Product, have revitalised local industries, especially carpets. ...Less

Industry representatives say merchant size, margins, and the nature of goods should determine the merchan ...More

Industry representatives say merchant size, margins, and the nature of goods should determine the merchant discount rate (MDR), while fintechs flag risks to working capital and digital credit trails. ...Less

Indifi’s revenue and loan book remained broadly flat, NeoGrowth’s assets under management (AUM) declined ...More

Indifi’s revenue and loan book remained broadly flat, NeoGrowth’s assets under management (AUM) declined 21.5%, and Lendingkart’s fell 74%. FlexiLoans’ lending entity Epimoney grew its AUM only 10% in the first nine months of the year. WeRize and Progcap bucked the trend, helped by business models that extend beyond pure balance-sheet lending. ...Less

The RBI has raised the repo rate by 25 basis points to 5.50%, its first hike since February 2023, which c ...More

The RBI has raised the repo rate by 25 basis points to 5.50%, its first hike since February 2023, which could make floating-rate home, car and personal loans more expensive. Borrowers on repo-linked loans may face higher EMIs or longer tenures at their next reset, while fixed-rate loans will remain unaffected. ...Less

The Reserve Bank of India increased its policy rate by 25 basis points to 5.50% on Wednesday. Borrowers m ...More

The Reserve Bank of India increased its policy rate by 25 basis points to 5.50% on Wednesday. Borrowers might face higher monthly installments or extended repayment periods based on loan agreements. The monetary policy committee unanimously adopted a stance of 'calibrated tightening' with future increases possible. External benchmark-linked loans make up 68.2% of outstanding floating-rate rupee loans as of June. ...Less

The 57th GST Council meeting is set to consider major GST 2.0 reforms, including wider input tax credit e ...More

The 57th GST Council meeting is set to consider major GST 2.0 reforms, including wider input tax credit eligibility, protection for genuine buyers from supplier defaults, faster refunds, simpler GST registration and MSME compliance relief. Proposed changes also include removing GST arrest provisions, raising the prosecution threshold, easing export rules and targeted rate tweaks across sectors. ...Less

The Union Cabinet approved a Rs 10,000 crore SME Growth Fund to support micro, small, and medium enterpri ...More

The Union Cabinet approved a Rs 10,000 crore SME Growth Fund to support micro, small, and medium enterprises. This fund is part of the government's initiative to create champion MSMEs in India. Finance Minister Nirmala Sitharaman outlined various measures to enhance liquidity support and accessibility to risk capital. Additionally, the government allocated Rs 24,566.27 crore to the Ministry of Micro, Small and Medium Enterprises. ...Less

Credit Saison India is expanding its MSME lending portfolio by increasing secured loans, particularly in ...More

Credit Saison India is expanding its MSME lending portfolio by increasing secured loans, particularly in Tier 2 and Tier 3 towns. The company plans to raise the proportion of secured loans to 30% by the end of this fiscal year. With a current loan book of Rs 25,000 crore, it aims to open more branches across the country. ...Less

The EU's Carbon Border Adjustment Mechanism is set to reshape global trade dynamics by prioritizing carbo ...More

The EU's Carbon Border Adjustment Mechanism is set to reshape global trade dynamics by prioritizing carbon intensity. Indian exporters must strategize for compliance that extends beyond the current focus on iron and steel. The Indian government is actively supporting small and medium enterprises in achieving these new sustainability benchmarks. To navigate this transition successfully, enhanced funding for carbon accounting and technological advancements is essential. ...Less

The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To c ...More

The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working capital pressures and reduce disputes, the Council has reduced ITC restrictions on expenses such as health and life insurance and out door catering. It has also allowed refunds of accumulated ITC on input services in specified inverted duty cases for eligible credits from 1 November 2026. ...Less

From MSME finance and AI skilling to blended capital and climate investment, AVPN CEO Naina Subberwal Bat ...More

From MSME finance and AI skilling to blended capital and climate investment, AVPN CEO Naina Subberwal Batra explains why coordination is becoming critical to Asia’s development agenda. ...Less

The RBI raised its benchmark repo rate by 25 basis points to 5.5%, its first hike since February 2023, an ...More

The RBI raised its benchmark repo rate by 25 basis points to 5.5%, its first hike since February 2023, and shifted its policy stance to ‘calibrated tightening’. The move came as the central bank raised its FY27 growth forecast to 7.1% while warning that inflation and its outlook were no longer benign. ...Less

From loan processing and credit assessment to fraud detection and regulatory compliance, agentic AI is ch ...More

From loan processing and credit assessment to fraud detection and regulatory compliance, agentic AI is changing how financial institutions make decisions. The next challenge for banks and fintechs is to scale these capabilities while maintaining accountability, customer trust and control. ...Less

NBFCs to account for Rs 36,000 crore as India’s MSME credit outstanding projected to cross Rs 50 lakh cro ...More

NBFCs to account for Rs 36,000 crore as India’s MSME credit outstanding projected to cross Rs 50 lakh crore by December 2026 ...Less

The Department for Promotion of Industry and Internal Trade (DPIIT) is inviting applications under the sc ...More

The Department for Promotion of Industry and Internal Trade (DPIIT) is inviting applications under the scheme in two rounds, it said in an office memorandum. ...Less

Starting on October 20, the free trade agreement between India and New Zealand is set to boost bilateral ...More

Starting on October 20, the free trade agreement between India and New Zealand is set to boost bilateral commerce. This agreement will significantly lower tariffs on various Indian agricultural exports, such as processed foods and spices. ...Less

From a loan growth perspective, state-run banks' advances growth remained in the range of 12.59-29.83 per ...More

From a loan growth perspective, state-run banks' advances growth remained in the range of 12.59-29.83 per cent year-on-year in Q2, while private banks' growth ranged from 16.3-40 per cent during the same period. ...Less

For the last two years, one sector where actual performance has been better than expected has been bankin ...More

For the last two years, one sector where actual performance has been better than expected has been banking. Yes, there were exceptions among small finance banks. But the question now is: Will the situation remain the same given that there are many emerging challenges? ...Less

Now GST input tax credit to emoyers on group insurance; this can mean more life and health insurance cove ...More

Now GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it helps. The reason for this is now employer's cost of buying insurance for its employees can reduce by claiming ITC. ...Less

Anup Kumar Saha has been appointed as the new Managing Director and CEO of Kotak Mahindra Bank. His tenur ...More

Anup Kumar Saha has been appointed as the new Managing Director and CEO of Kotak Mahindra Bank. His tenure will start on January 1, 2027, and last for three years. Currently serving as an Executive Director, he has over 32 years of experience in financial services. He joined Kotak Mahindra Bank in January 2026 and previously handled multiple functions there. ...Less

India’s exports hit a record in 2025-26, and SMBs account for nearly half of them. But as trade deals wid ...More

India’s exports hit a record in 2025-26, and SMBs account for nearly half of them. But as trade deals widen market access, Payoneer leaders Nagesh Devata and Gaurav Shisodia argued that Indian SMBs selling overseas face a bigger challenge: earning the trust of buyers they will never meet, getting paid reliably, and turning a one-off export into a business that scales across markets. ...Less

The RBI’s expected first rate hike in three years could have a mixed impact on banks and NBFCs. While hig ...More

The RBI’s expected first rate hike in three years could have a mixed impact on banks and NBFCs. While higher funding costs may pressure NBFC margins, lenders with floating-rate assets and strong liquidity could benefit. Brokerages favour HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and Tata Capital. ...Less

Anup Bagchi has been appointed managing director and CEO of HDFC Bank, effective October 27, 2026. He tra ...More

Anup Bagchi has been appointed managing director and CEO of HDFC Bank, effective October 27, 2026. He transitions back to banking after a three-year stint at ICICI Prudential Life Insurance. Bagchi's extensive experience spans various roles in retail, corporate, and investment banking sectors. The Reserve Bank of India approved his appointment and he will also become an additional director at the bank. ...Less

Anup Kumar Saha has been appointed as the next Managing Director and CEO of Kotak Mahindra Bank. His term ...More

Anup Kumar Saha has been appointed as the next Managing Director and CEO of Kotak Mahindra Bank. His term will commence on January 1, 2027, following Reserve Bank of India's approval. Currently a whole-time director, Saha brings over 32 years of experience in banking and financial services. He aims to enhance customer relationships and create sustainable value for stakeholders. The bank will seek shareholder approval to formalize his appointment. ...Less

The Board called for stronger coordination between the Centre and states to address issues faced by trade ...More

The Board called for stronger coordination between the Centre and states to address issues faced by traders and improve the implementation of welfare and business-related measures. ...Less

In light of anticipated increases in benchmark interest rates by the Reserve Bank of India, Mumbai's bank ...More

In light of anticipated increases in benchmark interest rates by the Reserve Bank of India, Mumbai's banking sector appears poised for advancement. An influx of foreign currency non-resident bank deposits promises enhanced liquidity, potentially boosting profits. Private banks foresee robust growth in earnings as margins widen and operational costs decrease. ...Less

Digital integration enables financiers to assess eligibility, obtain guarantee cover and complete the gua ...More

Digital integration enables financiers to assess eligibility, obtain guarantee cover and complete the guarantee process on the TReDS platform ...Less

India's Petroleum and Natural Gas Minister Hardeep Singh Puri emphasized the need for enhanced domestic e ...More

India's Petroleum and Natural Gas Minister Hardeep Singh Puri emphasized the need for enhanced domestic energy production. Rising energy demand, outpacing the global average, requires India to become less reliant on imports. The government is implementing a new compressed biogas framework to increase domestic production significantly. ...Less

Jaipur’s MSMEs and startups are contributing to Rajasthan's economy and strengthening its global exports. ...More

Jaipur’s MSMEs and startups are contributing to Rajasthan's economy and strengthening its global exports. To understand the landscape and recognise the people behind the ‘Pink City’s’ enterprises, woven with the rich history of the town, the Economic Times team made a documentary. It is an attempt at highlighting key voices, from industry leaders to grassroots innovators, shaping the city. ...Less

India recorded average annual real GDP growth of 7.9% between 2021-22 and 2025-26, while growth in the fi ...More

India recorded average annual real GDP growth of 7.9% between 2021-22 and 2025-26, while growth in the first quarter of 2026-27 stood at 7.8%, he noted. He attributed the momentum to domestic demand, industrial and services activity, and a series of structural reforms. ...Less

Canon India has ambitious plans to grow by reaching over 10,000 active resellers by 2027. The company ant ...More

Canon India has ambitious plans to grow by reaching over 10,000 active resellers by 2027. The company anticipates growing demand in smaller Tier 2, 3, and 4 cities as key segments drive growth. Canon's current strategy includes enhancing its omni-channel retail presence, combining offline and online sales. The imaging market is evolving with a shift towards mirrorless cameras and videography. ...Less

Given the current market situation, no sector is immune from headwinds. The banking sector is no exceptio ...More

Given the current market situation, no sector is immune from headwinds. The banking sector is no exception. There are clear short-term headwinds, but the question an investor should ask is: Are these headwinds likely to hit the core business of banks and create some issue that may take a long time to settle? ...Less

The state-owned general insurer holds 35.2 million shares, representing a 1.42% stake, in the country's l ...More

The state-owned general insurer holds 35.2 million shares, representing a 1.42% stake, in the country's largest stock exchange that closed its ₹22,562-crore initial public offer (IPO) on Monday. ...Less

Union Finance Minister Nirmala Sitharaman highlighted the need for investment in AI, semiconductor chips, ...More

Union Finance Minister Nirmala Sitharaman highlighted the need for investment in AI, semiconductor chips, and quantum technology. She stated that strengthening digital infrastructure will support AI adoption across various sectors. Additionally, Sitharaman underscored the importance of providing AI solutions to micro, small, and medium enterprises. She believes that achieving over 10 percent economic growth is possible with greater effort in all sectors. ...Less

Axis Bank is set to launch an extensive outreach program across India, spotlighting tourism and hospitali ...More

Axis Bank is set to launch an extensive outreach program across India, spotlighting tourism and hospitality sectors in Goa. The initiative plans to engage over 5,000 customers and honour approximately 1,000 entrepreneurs. ...Less

Ending nearly six years of fully free UPI payments, the government has introduced a 0.4 per cent fee on t ...More

Ending nearly six years of fully free UPI payments, the government has introduced a 0.4 per cent fee on transfers worth over Rs 2,000 made to merchants through the UPI platform from October 15 while explicitly ring-fencing everyday person-to-person transactions and small payments from any charge. ...Less

The ET Business Growth Summit in Chennai saw industry leaders emphasising stronger collaboration among bu ...More

The ET Business Growth Summit in Chennai saw industry leaders emphasising stronger collaboration among businesses, policymakers, and institutions to realise the region’s true potential. ...Less

For the assessment year 2026-2027, the deadline for income tax audits is set for September 30, 2026. Busi ...More

For the assessment year 2026-2027, the deadline for income tax audits is set for September 30, 2026. Businesses utilizing presumptive taxation schemes should be aware that they may still need to undergo income tax audits, depending on their turnover. Significant updates to Form 3CD's reporting requirements have been implemented for this assessment year, which include new clauses concerning presumptive taxation, MSME payments, settlement expenditures, and share buybacks. ...Less

DBS Bank India is enhancing its support for SMEs with the launch of its new Collections Orchestration pla ...More

DBS Bank India is enhancing its support for SMEs with the launch of its new Collections Orchestration platform, aiming to streamline payment management via a unified dashboard. This initiative reflects the evolving needs of small businesses in India, as they embrace digital solutions to navigate an increasingly complex commercial landscape. ...Less

Textile stocks rebounded on Tuesday, recovering most of the previous session’s losses after US President ...More

Textile stocks rebounded on Tuesday, recovering most of the previous session’s losses after US President Donald Trump signed a Russia sanctions bill into law. Raymond led the gains with a 10% rally, while Pearl Global Industries, Gokaldas Exports, Arvind and Vardhman Textiles also advanced. ...Less

Shares of textile exporters fell after US President Donald Trump signed a law allowing tariffs of up to 1 ...More

Shares of textile exporters fell after US President Donald Trump signed a law allowing tariffs of up to 100% on countries buying Russian oil and gas, raising concerns over potential fresh duties on Indian exports. Gokaldas Exports fell nearly 5%, while Indo Count Industries and Vardhman Textiles dropped over 3% each and Arvind declined more than 2%. The US is the largest market for India’s textile and apparel exporters, making them vulnerable to any tariff escalation. ...Less

Under the India-New Zealand trade pact, goods from third countries will not be eligible for tariff conces ...More

Under the India-New Zealand trade pact, goods from third countries will not be eligible for tariff concessions, with preferential treatment limited to products originating in India and New Zealand. India has protected sensitive sectors such as dairy and gems and jewellery from duty reductions. The agreement also introduces a temporary employment visa pathway for skilled Indian workers, along with provisions aimed at promoting student mobility and post-study work opportunities in New Zealand. ...Less

Potential US tariffs could significantly harm India's textile and apparel exports. The industry body CITI ...More

Potential US tariffs could significantly harm India's textile and apparel exports. The industry body CITI is urging the government to engage with Washington urgently. This action is needed to protect Indian exporters from competitive disadvantages in the US market. A balanced trade agreement between India and the US is considered an urgent necessity. While free trade agreements offer potential, they cannot replace the US market's importance. ...Less

There are times when a watchlist is more important than a buy list. But if you still insist on putting mo ...More

There are times when a watchlist is more important than a buy list. But if you still insist on putting money in the market, look at fundamentally strong stocks. While doing so, however, be clear that the invested money might still shed some value in the near term, or at least underperform. Coming specifically to mid-cap stocks, even in the initial phase of a recovery, they may well have limited ability to see a sharp upmove. Why? ...Less

If oil prices stay high and push up inflation, it is likely that banking stocks will come under pressure ...More

If oil prices stay high and push up inflation, it is likely that banking stocks will come under pressure because their business will be impacted. But even before the real business is impacted, it is likely that they will see selling pressure because of their FPI-heavy ownership structure. So, clouds of uncertainty hang over the sector’s stocks. But don't confuse the stocks with the business. ...Less

JM Financial highlights how soaring bond yields and policy rate hikes impact Indian NBFCs. While housing ...More

JM Financial highlights how soaring bond yields and policy rate hikes impact Indian NBFCs. While housing finance companies like LIC Housing Finance and PNB Housing Finance stand to benefit on NIMs, vehicle and MFI lenders face headwinds. Top stock picks include Aditya Birla Capital, Piramal Finance, and CreditAccess Grameen. ...Less

Despite the benefits of a cluster-based industrial ecosystem, MSMEs in Tamil Nadu continue to face challe ...More

Despite the benefits of a cluster-based industrial ecosystem, MSMEs in Tamil Nadu continue to face challenges such as limited awareness of government schemes, cumbersome processes, and a higher dependence on exports, which hold them back from realising their full growth potential. ...Less

The CBIC is simplifying its deferred customs duty scheme for manufacturers. Paperwork has been reduced fr ...More

The CBIC is simplifying its deferred customs duty scheme for manufacturers. Paperwork has been reduced from ten documents down to just three. Outreach programs will now handhold MSMEs to encourage scheme adoption. This initiative aims to ease cash flow and working capital for businesses. The scheme allows duty payments in monthly installments until March 2028. ...Less

JanAI founder Madan Padaki will serve as cofounder, while Head Held High Foundation will be the community ...More

JanAI founder Madan Padaki will serve as cofounder, while Head Held High Foundation will be the community capability and resilience partner, said the firm in a release. ...Less

A report details West Bengal's path to a fivefold economy by 2047. It identifies growth gaps and proposes ...More

A report details West Bengal's path to a fivefold economy by 2047. It identifies growth gaps and proposes six pillars for development. The state budget aligns with productivity and capital formation goals. Investment incentives and single window clearance aim to boost realization. Infrastructure and federal alignment are key steps for future growth. ...Less

India is on track for 6.5-7% real GDP growth and 11-12% nominal growth this fiscal year, Jefferies said, ...More

India is on track for 6.5-7% real GDP growth and 11-12% nominal growth this fiscal year, Jefferies said, citing resilient domestic demand, faster bank credit and improving economic activity. Strong MSME and corporate lending could signal a revival in private-sector capex, while GST collections, power demand and housing sales remain robust. ...Less

Prime Minister Narendra Modi distributed over 51,000 government job appointment letters at the 20th Rozga ...More

Prime Minister Narendra Modi distributed over 51,000 government job appointment letters at the 20th Rozgar Mela. He emphasized the youth's vital role in achieving a Viksit Bharat by 2047. India's global talent and skills are recognized, with high expectations from innovators and entrepreneurs. The government actively prepares youth through education and skill development initiatives. New opportunities are emerging as the economy grows and private sector jobs expand. ...Less

Niti Aayog recommends government support for junior exploration firms and increased private participation ...More

Niti Aayog recommends government support for junior exploration firms and increased private participation. Streamlining approvals and forest procedures will reduce project delays significantly. Harmonizing renewable energy rules and addressing GST for logistics are also advised. Promoting domestic production of specialized alloys and battery recycling is crucial. Strengthening trade competitiveness requires market diversification and integrated value chains. ...Less

India's leather exports are projected to reach USD 5.5 billion by 2026-27. Trade pacts with the UK and EU ...More

India's leather exports are projected to reach USD 5.5 billion by 2026-27. Trade pacts with the UK and EU will significantly boost these future exports. The India-UK agreement offers zero-duty access for Indian leather goods. Similar duty advantages will also be available under the EU trade pact. The sector currently employs over 4.4 million people. ...Less

In Bengaluru, a new Technology Centre has been launched with the goal of training 10,000 individuals each ...More

In Bengaluru, a new Technology Centre has been launched with the goal of training 10,000 individuals each year. This facility is dedicated to enhancing electronics system design and manufacturing skills for micro, small, and medium enterprises (MSMEs). With comprehensive training and production assistance, this centre aims to significantly uplift the capabilities of MSMEs. ...Less

The ET Business Growth Summit, Jaipur, concluded on a strong note, with industry leaders emphasising grea ...More

The ET Business Growth Summit, Jaipur, concluded on a strong note, with industry leaders emphasising greater collaboration among businesses, policymakers, and institutions to unlock the region’s growth potential. ...Less

Retailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants ma ...More

Retailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash, impacting government formalisation efforts. The association argues UPI debit transactions should not incur merchant discount rates. They propose the government should underwrite UPI network costs instead. ...Less

India's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt de ...More

India's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can connect businesses, banks, and payment providers to bridge this gap. This system will digitise the order-to-cash process and automate invoice reconciliation across the nation. It enables cash-flow-based underwriting and addresses delayed receivables for small businesses. ...Less

Governance transformation relies on technology and citizen engagement for efficient delivery. Digital ide ...More

Governance transformation relies on technology and citizen engagement for efficient delivery. Digital identity and direct transfers have improved welfare program efficiency significantly. Decriminalizing regulations and reducing compliance burdens foster ease of living for entrepreneurs. Government e-marketplace enhances transparency and access to public demand for businesses. This governance model is becoming an economic asset for India's growth. ...Less

Talk of tariffs, especially steep ones, makes the market nervous. Which is exactly why the next few tradi ...More

Talk of tariffs, especially steep ones, makes the market nervous. Which is exactly why the next few trading sessions are critical, and why being in a hurry to take any market-related decision is the one thing to avoid right now. It is better to be cautious, to wait and watch. And let the picture become a little clearer before you act. ...Less

India’s early FTAs promised a two-way trade highway, but 15 years later the traffic looks decidedly one-s ...More

India’s early FTAs promised a two-way trade highway, but 15 years later the traffic looks decidedly one-sided. Deficits with ASEAN, Japan and South Korea have ballooned as imports raced ahead of exports. Trade experts say the answer is not to shut the road, but to repair it — from tariff imbalances and non-tariff barriers to poor FTA utilisation and costly inputs at home. ...Less

With a noticeable surge in revenue, India Post is broadening through innovative partnerships. The integra ...More

With a noticeable surge in revenue, India Post is broadening through innovative partnerships. The integration of financial and citizen services into a unified platform has marked a significant shift. Post offices are evolving into modern service hubs, seamlessly blending physical presence with digital convenience, establishing a trustworthy phygital experience. ...Less

The unveiling coincided with Vertex Group completing ten years of its global operations. ...More

The unveiling coincided with Vertex Group completing ten years of its global operations. ...Less

India's aviation sector offers immense opportunities for MSMEs and global integration. Indian airlines ha ...More

India's aviation sector offers immense opportunities for MSMEs and global integration. Indian airlines have placed orders for over 1,600 aircraft, creating significant demand. The country's aerospace market is projected to nearly double by 2035. Indian MSMEs currently supply over USD 4 billion in components annually. Efforts are underway to design, certify, and manufacture components within India. ...Less

As an investor, what you need to do at this point of time is this: A bit of extra work in terms of stock- ...More

As an investor, what you need to do at this point of time is this: A bit of extra work in terms of stock-picking so that you avoid anxiety during future corrective phases in the market. And there should not be any doubt that, given the current geopolitical conditions, there will be many more corrective phases. ...Less

The way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern Califo ...More

The way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volatility in the global markets is high. Given that the Indian economy and oil prices have a strong correlation, it might be better to think twice before acting in the stock market. And remember this: Don't take any statement by anyone, whether the US president or the CEO of an AI company, as gospel truth. 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

Prime Minister Narendra Modi met Nigeria Vice President Kashim Shettima during the BRICS Summit. External ...More

Prime Minister Narendra Modi met Nigeria Vice President Kashim Shettima during the BRICS Summit. External Affairs Minister S Jaishankar also discussed cooperation with Nigeria's Foreign Minister. Nigeria holds BRICS Partner Country status and seeks stronger bilateral ties. India's economic presence and trade partnerships in Nigeria are significant. The summit focused on resilience, innovation, cooperation, and sustainability for global growth. ...Less

HDFC Bank has nominated Kaizad Bharucha and an external candidate for the top leadership role. The bank s ...More

HDFC Bank has nominated Kaizad Bharucha and an external candidate for the top leadership role. The bank seeks a six-month tenure rule relaxation for Bharucha to complete a full term. Anup Bagchi and K Balasubramanian were strong external contenders for the position. Bharucha offers continuity during the bank's ongoing integration and leadership transition. The external candidate was chosen for experience handling significant business scale and complexity. ...Less

Prime Minister Narendra Modi met Philippines President Ferdinand R Marcos Jr during the BRICS Summit. Ann ...More

Prime Minister Narendra Modi met Philippines President Ferdinand R Marcos Jr during the BRICS Summit. Annpurna Devi shared India's vision for women-led development with the First Lady. President Marcos Jr attended the summit as the current chair of ASEAN. Prime Minister Modi emphasized BRICS' need for concrete results in its third decade. He also welcomed leaders and highlighted cooperation with Global South nations. ...Less

Prime Minister Narendra Modi cautioned against using technology and critical minerals for advantage. He e ...More

Prime Minister Narendra Modi cautioned against using technology and critical minerals for advantage. He emphasized that a cooperative approach would benefit all nations globally. Modi highlighted inclusivity in technology adoption during the BRICS session in New Delhi. He also discussed global tensions and their impact on ordinary people. Supply chain disruptions were noted as a significant concern affecting interconnectedness. ...Less

Prime Minister Narendra Modi said BRICS should promote inclusive global growth, with solutions developed ...More

Prime Minister Narendra Modi said BRICS should promote inclusive global growth, with solutions developed by the bloc made accessible to the wider Global South. He said confidence in BRICS had grown because the grouping listens to developing countries’ voices. ...Less

Under India's BRICS chairmanship, the importance of practical cooperation is underscored with an aim to l ...More

Under India's BRICS chairmanship, the importance of practical cooperation is underscored with an aim to launch impactful development initiatives. Enhancing citizens' lives through tailored health programs and technology is paramount. The chairmanship also prioritizes the nurturing of startup ecosystems and the support of MSMEs, while dedicating significant efforts to climate finance and vital infrastructure projects. ...Less

The unwieldy retirement scheme is becoming more organised through risk-based classification, standardised ...More

The unwieldy retirement scheme is becoming more organised through risk-based classification, standardised disclosures, uniform naming conventions, and consistent presentation. ...Less

India secured one billion dollars from the International Finance Corporation for banks. This funding will ...More

India secured one billion dollars from the International Finance Corporation for banks. This funding will provide long-term credit to small businesses and financial institutions. The facility will address a key gap by offering loans of up to seven years. It aims to galvanize MSME capital expenditure investment and support modernization. ...Less

BRICS Summit 2026: Prime Minister Narendra Modi urged BRICS nations to unite in the face of rising global ...More

BRICS Summit 2026: Prime Minister Narendra Modi urged BRICS nations to unite in the face of rising global tensions and emphasised the need for inclusive growth, particularly for the Global South. Concerns were also raised over the weaponisation of technology and critical minerals. The grouping aims to strengthen resilience and preparedness against future crises, with cooperation on early warning systems and resilient supply chains being prioritised. ...Less

Financial data moves rapidly through India's Account Aggregator ecosystem. Automated systems now process ...More

Financial data moves rapidly through India's Account Aggregator ecosystem. Automated systems now process millions of data fetches each second. Technology providers transform raw data into credit judgments and risk assessments. Human underwriters' roles are shifting towards setting standards and handling complex cases. ...Less

The collaboration seeks to redefine how Indian MSME leaders leverage business PCs, empowering them to ove ...More

The collaboration seeks to redefine how Indian MSME leaders leverage business PCs, empowering them to overcome technological bottlenecks to focus entirely on sustainable enterprise growth. ...Less

The BFSI sector adopts automation cautiously due to strict regulations and its conservative nature. Artif ...More

The BFSI sector adopts automation cautiously due to strict regulations and its conservative nature. Artificial general intelligence adoption will likely be slow, with humans remaining essential. Automation will enhance underwriter efficiency for loan decisions, not replace human oversight entirely. Perfios launched an agentic AI system for credit evaluation using real-world data. ...Less

Uttar Pradesh has seen a significant shift towards lawfulness since 2017, prioritizing safety and stabili ...More

Uttar Pradesh has seen a significant shift towards lawfulness since 2017, prioritizing safety and stability. Committed to fostering an integrated textile value chain, the state has attracted Rs 50 lakh crore in investment over nearly a decade. This progress has resulted in job opportunities for over 65 lakh youth, bolstered by a strengthened MSME sector and new textile projects initiated by the government. ...Less

India and Russia aim to boost their bilateral trade to an impressive hundred billion dollars by 2030, foc ...More

India and Russia aim to boost their bilateral trade to an impressive hundred billion dollars by 2030, focusing on growth in key sectors such as pharmaceuticals and textiles. A new bilateral investment treaty is set to enhance legal confidence for investors, while improvements in local currency settlement will ease transaction hurdles. Both countries are intensifying their initiatives to meet these ambitious trade and investment aspirations. ...Less

Stakeholders say the state must strengthen the institutional ecosystem that supports industry. ...More

Stakeholders say the state must strengthen the institutional ecosystem that supports industry. ...Less

Marking National Engineers’ Day, Methods India’s Jacob Jose unpacks Indo-Japanese synergies, heavy engine ...More

Marking National Engineers’ Day, Methods India’s Jacob Jose unpacks Indo-Japanese synergies, heavy engineering breakthroughs, and why the ultimate test for modern builders is creating solutions that serve humanity. ...Less

In New Delhi, the upcoming 18th BRICS Summit will attract around 1,200 to 1,300 journalists, highlighting ...More

In New Delhi, the upcoming 18th BRICS Summit will attract around 1,200 to 1,300 journalists, highlighting its global significance. To support the media, an International Media Centre is being constructed at the Bharat Mandapam Complex. The Ministry of External Affairs intends to utilize both digital channels and traditional methods for information dissemination. ...Less

HyperVerge launched AI underwriting agents to speed business loan processing. These agents extract data f ...More

HyperVerge launched AI underwriting agents to speed business loan processing. These agents extract data from financial documents and assist in video discussions. Background checks are significantly reduced from hours to minutes. Human oversight remains crucial for final complex credit decisions. This technology aims to lower underwriting costs and expand credit access. ...Less

Prime Minister Narendra Modi will host Chinese President Xi Jinping and Russian President Vladimir Putin ...More

Prime Minister Narendra Modi will host Chinese President Xi Jinping and Russian President Vladimir Putin this weekend. Xi's visit marks his first trip to India in nearly seven years. Modi meets Putin on Friday, and a Modi-Xi meeting is widely expected. India's chairship focuses on practical economic cooperation and resilience. The summit's outcomes will determine the substance behind the leaders' appearances. ...Less

Banks are planning to auction cars and vehicles on the BAANKNET platform. This initiative aims to streaml ...More

Banks are planning to auction cars and vehicles on the BAANKNET platform. This initiative aims to streamline the recovery of non-performing assets for lenders. The platform will integrate with VAHAN and RTO services for complete vehicle information. PSB Alliance operates BAANKNET and has already facilitated numerous property auctions. This expansion seeks to enhance efficiency and transparency in asset recovery processes. ...Less

Another week where the bears were in total control. There is, at this juncture, no point in guessing what ...More

Another week where the bears were in total control. There is, at this juncture, no point in guessing what will happen to the Nifty and Sensex. It depends on many things that have nothing to do with what is happening at the fundamental or technical levels. So, let the storm pass. The stocks we have in our list today have seen an improvement in their overall average Stock Report Plus score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. ...Less

Speaking at the Global Fintech Fest 2026, Maharashtra Chef Minister Devendra Fadnavis said that Mumbai co ...More

Speaking at the Global Fintech Fest 2026, Maharashtra Chef Minister Devendra Fadnavis said that Mumbai could become a testing ground for next-generation financial technology. Agentic AI will give consumers greater control over their personal finances. Maharashtra is positioning itself as a laboratory for fintech innovation and development. The state is building capabilities around AI and advanced technology. Mumbai aims to be the city where the future of global finance is designed. ...Less