Stay updated with the latest small-and-medium-sized-enterprises news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on small-and-medium-sized-enterprises topics.
The TReDS platform will bring participants together for facilitating uploading, accepting, discounting, and settlement of the invoices/bills of sellers, according to draft directions for 'Trade Receivables Discounting System', on which the central bank has invited comments by May 1. The Reserve Bank on Wednesday proposed to drop the due diligence requirement for MSMEs to onboard TReDS platforms to promote ease of doing business for micro, small and medium enterprises. Trade Receivables Discoun ...Read More >
New Delhi, Apr 6 (PTI) Public procurement platform Government e-Marketplace (GeM) facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal, a senior official said on Monday. GeM facilitated transactions worth Rs 5.43 lakh crore in 2024-25. GeM CEO Mihir Kumar said the decline in growth can be attributed to a reduced contribution from the coal ministry, whose share in total sales fell from 34 per cent to 20 per cent in 2025-26 (Rs 1,02,219 crore). ...Read More >
Lucknow, April 9 (SocialNews.XYZ) Uttar Pradesh Chief Minister, Yogi Adityanath, on Thursday said that ensuring the income, dignity and long-term sustainability of weavers remains a top priority for the state government, underlining the need for a comprehensive and coordinated approach to address challenges faced by the sector. Chairing a review meeting of the Handloom Department, Chief Minister Adityanath said, "Weavers are not just carriers of tradition but also a strong pillar of the state's ...Read More >
New Delhi, 08 April 2026: DBS Foundation has announced INR 34.40 crore[1] (SGD 4.9 million) in grant funding for its 2025 cohort of grantees, comprising 22 businesses for impact - purpose-driven social enterprises and small and medium-sized enterprises - across its core markets in Asia. The winners include three innovative impact enterprises from India: Ikure Techsoft, Lernern and Kadam Haat Basketry. This marks the 11th edition of DBS Foundation's grant programme, which was launched in 2015 to ...Read More >
MUMBAI: Venu Srinivasan has backed the idea of a public listing of Tata Sons, the first time that a Tata Trusts trustee has publicly supported such a move, saying that the step would be inevitable if the Reserve Bank of India classifies the group holding company as an upper layer non-banking finance company (NBFC), appearing to reflect a widening divergence of opinion at the group's top echelons. Tata Trusts vice chairman Srinivasan told ET that such a move would allow Shapoorji Pallonji (SP) G ...Read More >
MUMBAI: The Reserve Bank of India (RBI) said on Wednesday that its recent actions in the non-deliverable forward (NDF) market are temporary and aimed at curbing excessive currency speculation stemming from the West Asia conflict. The regulator, however, did not specify the duration of the operational curbs on lenders while indicating that the April 10 (Friday) deadline for banks to scale back their net open positions to $100 million would not be extended. "These measures are not in any sense s ...Read More >
PMMY was built on a revolutionary idea that the Indian state could trust its most marginalised citizens with credit, when the formal banking system hesitated Financial inclusion has been at the forefront of the agenda of the Narendra Modi government. In the last decade, India witnessed a silent transformation where millions of ordinary citizens stepped into entrepreneurship with newfound confidence and agency. At its heart lies an initiative launched on April 8, 2016, by the prime minister, the ...Read More >
New Delhi: Finance minister Nirmala Sitharaman said on Wednesday that the Pradhan Mantri Mudra Yojana (PMMY) has been instrumental in reshaping the credit landscape for micro, small and medium enterprises (MSMEs) and countless individual entrepreneurs in the country. So far, more than 577.9 million loans have been sanctioned under the scheme, launched in April 2015, amounting to disbursements of ₹40.07 lakh crore, with two-thirds of the loans sanctioned to women entrepreneurs. Also Read: PMMY ...Read More >
Lucknow, Apr 8 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday reviewed procurement under the Government e-Marketplace (GeM) portal for the financial year 2025-26 and lauded the state's policy for enhancing transparency and efficiency. During the review, he said the GeM Procurement Policy 2024 has strengthened integrity, inclusiveness and accountability in government purchases, according to an official statement. The CM noted that the policy has been appreciated by the Centre a ...Read More >
Lucknow, Apr 8 (UNI) Uttar Pradesh Chief Minister Yogi Adityanath reviewed the procurement made by Uttar Pradesh on the GeM portal during the financial year 2025-26, as well as the GeM Procurement Policy issued on November 26, 2024. The Chief Minister stated that the Centre has appreciated Uttar Pradesh's GeM procurement policy. He was informed that the central government has declared it a model policy and has advised other states to adopt a similar framework. This policy has significantly imp ...Read More >
New Delhi, Apr 8: Japan's MUFG Bank on Wednesday acquired a 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India's financial services sector. Board approval and share allotment "This follows the approval by SFL's Board of Directors, at its meeting held today, of the allotment of equity shares to MUFG Bank through a preferential issue," SFL said in a statement. MUFG Bank has subscribed to 471,121,055 equity ...Read More >
Adani commits Rs 33,081 crore to Odisha projects. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Adani Group commits Rs 33,081 crore for three major projects in Odisha * Projects include data center, thermal power plant, and cement plant near Cuttack * Data center in Bhubaneswar to support AI, cloud computing, and digital governance Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: The Adani Group pledged three large-scale infrastructure projects in Odi ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India on Wednesday announced a set of measures aimed at simplifying regulations for banks, improving access to finance for small businesses, and enhancing liquidity in financial markets. In its official statement, the central bank outlined steps to reduce compliance burden for banks while strengthening the overall financial system. Also Read | Sikkim State Lottery Result Today 6 PM Live: Dear Regal Wednesday Lottery Result of Apr ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India on Wednesday announced a set of measures aimed at simplifying regulations for banks, improving access to finance for small businesses, and enhancing liquidity in financial markets. In its official statement, the central bank outlined steps to reduce compliance burden for banks while strengthening the overall financial system. It stated, "Statement on Developmental and Regulatory Policies... This Statement sets out various d ...Read More >
New Delhi, Apr 8 (PTI) Japan's MUFG Bank on Wednesday acquired 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India's financial services sector. "This follows the approval by SFL's Board of Directors, at its meeting held today, of the allotment of equity shares to MUFG Bank through a preferential issue," SFL said in a statement. MUFG Bank has subscribed to 471,121,055 equity shares at an issue price of Rs 8 ...Read More >
New Delhi, Apr 8 (PTI) Finance Minister Nirmala Sitharaman on Wednesday said the Pradhan Mantri MUDRA Yojana, focused on funding the unfunded, will continue to empower entrepreneurs to make them active participants in the nation's journey to become Viksit Bharat by 2047. On the occasion of the 11th anniversary of the Pradhan Mantri MUDRA Yojana (PMMY), Sitharaman said India witnessed a silent transformation where crores of ordinary citizens stepped into entrepreneurship with newfound confidence ...Read More >
Bhubaneswar/New Delhi: The Adani Group has announced a significant investment of Rs 33,081 crore in three flagship infrastructure projects in Odisha. Spanning digital infrastructure, energy security, and manufacturing, these projects are expected to generate around 9,700 direct and indirect jobs while supporting the state's ambitious targets of achieving a USD 500 billion economy by 2036 and USD 1.5 trillion by 2047. Managing Director of Adani Ports and Special Economic Zone Ltd (APSEZ), Karan ...Read More >
NEW DELHI: Pakistan International Airlines (PIA) has scrapped most passenger discounts and cut flight frequencies as rise in jet fuel prices squeezed the air carrier's finances, a new report has said. Pakistan-based Dawn cited a PIA spokesperson as saying that concessions are currently limited to children and infants, and all other fare discounts withdrawn. The move followed a high-level review of rising fuel costs and potential losses after Jet fuel (JP‑1) prices jumped significantly over fou ...Read More >
New Delhi [India], April 8 (ANI): The Adani Group pledged three large-scale infrastructure projects in Odisha, focusing on digital infrastructure, energy security, and manufacturing. Karan Adani, Managing Director of Adani Ports and Special Economic Zone, detailed the initiatives at the ground breaking and inauguration ceremony of 36 industrial projects in Khordha. The expansion reflected a long-term commitment to the state's goal of becoming a USD 1.5 trillion economy by 2047. Across these thr ...Read More >
New Delhi [India], April 8 (ANI): The Pradhan Mantri MUDRA Yojana (PMMY) launched by Prime Minister Narendra Modi on April 8, 2015, is marking 11 years of success in strengthening India's grassroots entrepreneurs. This initiative has been designed to bridge the gap in financial accessibility, offering streamlined, easy collateral-free loans up to Rs 20 lakh to support small-scale business ventures for non-corporate and non-farm income-generating activities. Micro, Small, and Medium Enterprises ...Read More >
The existing Directorate of Information Technology will be upgraded into a Commissionerate for Electronics, Information Technology and Artificial Intelligence, according to an official statement. A dedicated Information Technology cadre will also be established, with permanent posts at the state secretariat, Mantralaya, commissionerate, and district levels, aimed at enhancing IT, AI, and digital governance across the state. The cabinet meeting was chaired by Chief Minister Devendra Fadnavis. ...Read More >
NEW DELHI: The Pradhan Mantri MUDRA Yojana (PMMY) has disbursed over Rs 40 lakh crore through 57.79 crore loans, marking 11 years of its implementation, the government said on Wednesday. The Ministry of Finance stated that the scheme which was launched by Prime Minister Narendra Modi in 2015, aimed at "funding the unfunded", provides collateral-free loans of up to Rs 20 lakh to micro and small non-corporate, non-farm enterprises. Highlighting the progress, Finance Minister Nirmala Sitharaman s ...Read More >
New Delhi, April 8 (SocialNews.XYZ) Prime Minister Narendra Modi on Wednesday said that the Pradhan Mantri Mudra Yojana (PMMY) reflects an economic ethos where opportunities are accessible, initiatives are encouraged, and every dream is given the support to grow. Taking to social media platform 'X', the PM Modi said, "PM Mudra Yojana reflects an economic ethos where opportunities are accessible, initiatives are encouraged and every dream is given the support to grow." He also shared a post by ...Read More >
India's financial system is absorbing the West Asia conflict in ways that are not immediately visible on balance sheets, but are silently building under the surface. | Image: Bloomberg As the US-Iran-Israel war continues into its second month with no clear end in sight, the economic fallout for India is no longer just about oil spikes or headline volatility. India's financial system is absorbing the West Asia conflict in ways that are not immediately visible on balance sheets, but are silently ...Read More >
Congress leader Rahul Gandhi on Tuesday accused the Modi government of perpetuating a system of exclusion through its policies and asked why 'Bahujan' entrepreneurs are being excluded from the country's largest public contracts. The Leader of Opposition in the Lok Sabha said he asked the government in Parliament that out of the Rs 16,500 crore worth of public works contracts awarded last year, how many were secured by businesses owned by Dalits, Adivasis, and Backward Classes. "Their response ...Read More >
New Delhi [India], April 7: DBS Bank India announced its new DBS Aspire banking proposition, along with the signature Aspire debit card, designed for the country's fast-growing, well-travelled, emerging affluent segment. DBS Aspire extends premium banking access to clients with a total relationship value of Rs. 10 lakh or a minimum monthly savings account average balance of Rs. 2 lakh, positioning the bank as a long-term banking partner to these customers as they grow their wealth. As internati ...Read More >
New Delhi [India], April 7 (ANI): The Reserve Bank of India (RBI) is likely to maintain a status quo on interest rates in its upcoming policy, even as geopolitical risks rise, with GDP growth expected to face a potential impact of 0.5 to 1 per cent, said Ranen Banerjee, Partner and Economic Advisory Leader at PwC India. Also Read | Usman Khawaja Spots Lionel Messi Lookalike in Pakistan (Watch Video). Speaking to ANI ahead of the policy announcement, Banerjee said that monetary policy action ma ...Read More >
Govt is likely to roll out a Rs 2.5-lakh-cr credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis The central government is likely to roll out a Rs 2.5-lakh-crore credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis, Moneycontrol.com reported, citing two government officials. The proposed scheme will expand the existing Emergency Credit Line Guarantee Scheme (ECLGS) framework, which was introduced in 2020 to a ...Read More >
New Delhi [India], April 7 (ANI): The Reserve Bank of India (RBI) is likely to maintain a status quo on interest rates in its upcoming policy, even as geopolitical risks rise, with GDP growth expected to face a potential impact of 0.5 to 1 per cent, said Ranen Banerjee, Partner and Economic Advisory Leader at PwC India. Speaking to ANI ahead of the policy announcement, Banerjee said that monetary policy action may not be effective in addressing the current challenges arising from the ongoing We ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): The Maharashtra cabinet has approved the establishment of a new independent Department of Electronics, Information Technology and Artificial Intelligence in the state. This is an important step towards achieving the goal of a Developed Maharashtra under the Developed India 2047 vision. The existing Directorate of Information Technology will be converted into the Commissionerate of Electronics, Information Technology and Artificial Intelligence. A new ...Read More >
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