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New Delhi, Dec 15 (SocialNews.XYZ) More than 7.28 crore micro, small, and medium enterprises (MSMEs) have registered on the Udyam Registration Portal to date since it was launched in July 2020, the Parliament was informed on Monday. Following the registration, these enterprises have become eligible to avail the benefits of various government schemes, including access to formal credit and government procurement opportunities. Further, more than 50 API integrations have been established with var ...Read More >
India's economic future depends on strong investment. The Confederation of Indian Industry (CII) proposes the Union Budget 2026-27 boost public spending and private sector investment. CII suggests tax credits and easier compliance for businesses. They also recommend attracting foreign capital through an NRI Investment Promotion Fund. Simpler borrowing rules and a single-window system for foreign investments are also key. India's next phase of economic growth will depend on steady and strong inv ...Read More >
New Delhi, Dec 14 (PTI) Industry lobby CII has proposed a comprehensive set of reforms for the forthcoming Union Budget 2026-27 to drive sustained investment growth spanning public, private, and foreign investments and maintain India's momentum as one of the world's fastest-growing major economies. The Confederation of Indian Industry (CII) suggested increasing central capital expenditure by 12 per cent and capex support to states by 10 per cent in FY27; launching a Rs 150 lakh crore National I ...Read More >
MUMBAI: Home loan rates are set to drop to levels last seen before the global financial crisis in 2008, with the RBI's monetary policy committee reducing the repo rate by 25 basis points to 5.25%.Several banks -- Union Bank, Bank of India, Bank of Maharashtra and Indian Overseas Bank -- currently offer home loans at 7.35%. Borrowers at this rate will see their interest rate decline to 7.1%, which is also the deposit rate offered by some private banks. On a Rs 1 crore home loan for 15 years, a 0. ...Read More >
New Delhi [India], November 20 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has completed 10 rounds of Pre-Budget Consultations in New Delhi as part of the preparations for the forthcoming Union Budget 2026-27. The meetings, held over the past days, brought together representatives and experts from key sectors of the economy -- from agriculture and MSMEs to capital markets, manufacturing, services, and technology. Each consultation was attended by Union Minister o ...Read More >
The government has launched the Trade Intelligence and Analytics (TIA) portal, a consolidated data platform designed to give exporters, importers, startups and MSMEs real-time insights into global and domestic trade patterns. Commerce and Industry Minister Piyush Goyal said on Tuesday that the tool would equip businesses to make more informed decisions and strengthen their use of India's free trade agreements. Developed by the Department of Commerce, the TIA portal brings together multiple nat ...Read More >
For the first time, Union Finance Minister Nirmala Sitharaman on Tuesday (November 18, 2025) held a separate meeting with startup founders and representatives as part of her pre-Budget consultations. "Union Minister for Finance & Corporate Affairs Smt. @nsitharaman chairs the fifth Pre-Budget consultation with the stakeholders from the startups ecosystem in connection with the forthcoming Union Budget 2026-27, in New Delhi, today," the Ministry of Finance announced on Tuesday on its social medi ...Read More >
New Delhi, Nov 19 (PTI) Dedicated refinance window on the lines of NHB for the NBFC sector and aligning long-term capital gains tax with fixed deposits to encourage deposit mobilisation are some of asks presented before Finance Minister Nirmala Sitharaman on Wednesday during a pre-Budget meeting with the representatives of BFSI sector here. There is a need to create a dedicated refinance window for NBFCs (non-banking financial companies) to ensure a smooth and sustainable flow of funds and reso ...Read More >
Mumbai (Maharashtra) [India], November 17: PayU, India's leading diversified fintech platform, has received integrated authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator across online, offline (physical) and cross-border transactions, including both Inward and Outward, under the Payment and Settlement Systems (PSS) Act. This approval enables PayU to offer secure, compliant, and seamless payment acceptance, settlement and cross-border solutions for merchants acr ...Read More >
Telangana is preparing a comprehensive roadmap to develop a globally competitive aerospace and defence ecosystem, Industries and IT Minister D. Sridhar Babu said here on Saturday. Building on the foundations that helped the State shape into a strategic defence hub over the decades, the roadmap will seek to capitalise on the China plus one strategy of global firms, the growing significance on securing supply chain amid geopolitical dynamics as well as contribute to making India Atma Nirbhar or s ...Read More >
Hyderabad: Telangana is strategically positioning itself to emerge as India's aerospace and defence (A&D) capital by 2030, with the state govt working on a comprehensive roadmap to develop a globally competitive ecosystem for the sector in the state, IT and industries minister Duddilla Sridhar Babu said on Saturday.As part of the long-term vision for Telangana, the state govt is integrating the A&D sector as a critical component of its $3 trillion economy goal by 2047, Sridhar Babu said while ad ...Read More >
PNN New Delhi [India], November 14: India's IPO market in the first nine months of CY25 went into overdrive with a total of 65 mainboard listings. Not only is this higher than the count of 60 in the same period last year, but it also represents a 26.4% jump in the funds raised to INR 80,904 crores. According to data compiled by IPOCentral, an IPO intelligence platform, the median post-issue Price-to-Earnings (P/E) multiple for IPOs launched in 9M CY25 stood at 33.33x, compared with 33x in the ...Read More >
PNNNew Delhi [India], November 14: India's IPO market in the first nine months of CY25 went into overdrive with a total of 65 mainboard listings. Not only is this higher than the count of 60 in the same period last year, but it also represents a 26.4% jump in the funds raised to INR 80,904 crores.According to data compiled by IPOCentral, an IPO intelligence platform, the median post-issue Price-to-Earnings (P/E) multiple for IPOs launched in 9M CY25 stood at 33.33x, compared with 33x in the same ...Read More >
NEW DELHI: India's drug regulator has sought strict compliance with revised Schedule M. It has asked state drug regulators to carry out inspections of pharma manufacturing units which have applied for extension of Schedule M to verify their compliance with the requirements, in a bid to ensure quality of pharma products by mandating Good Manufacturing Practices (GMP). "In case any manufacturing unit is found non-complying to the requirements of revised Schedule M during inspections, strict actio ...Read More >
Mumbai: Prices of stainless steel could remain under pressure in the short term, even as domestic demand stays strong, said Abhyuday Jindal, managing director of Jindal Stainless. Imports from China, Vietnam and Indonesia have been weighing on Indian prices. These imports are currently at a 5-10% discount to domestic market levels. "The discounts have, in fact, widened after everyone started blocking China," Jindal said on a call after the company's quarterly earnings. The domestic stainless ...Read More >
New Delhi, Nov 10 (PTI) Workmates Core2Cloud Solution on Monday said it has fixed a price band of Rs 200-204 per share for the Rs 69.8 crore initial share sale, which will open for public subscription on November 11. The initial public offering (IPO) will conclude on November 13. The equity shares are proposed to be listed on the BSE SME Platform, with a tentative listing date of November 18, the company said in a statement. The IPO is a combination of a fresh issue of 29.08 lakh equity shares ...Read More >
Leh, Nov 7 (PTI) Ladakh Lt Governor Kavinder Gupta on Friday reaffirmed his administration's commitment to building a self-reliant and economically empowered Union Territory, where every citizen has access to opportunities for growth, innovation, and entrepreneurship. He said the vision of 'Atmanirbhar' Ladakh can only be achieved through inclusive development, where women, youth, artisans, and marginalised sections are active partners in progress. "Economic empowerment is the key to self-reli ...Read More >
Mumbai/Pune : Bajaj Finance Ltd., India's largest private sector non-bank lender and part of Bajaj Finserv, today said it had seen a surge in consumption finance during the festive season, disbursing a record number of consumer loans, higher by 27% in volume and 29% in value as compared to the same period last year. The rise in consumption credit, represented by loans for consumer goods, reflects the positive outcome of the government's next generation GST reforms and changes in personal income ...Read More >
Itanagar: Arunachal Pradesh Chief Minister Pema Khandu said on Thursday that the state has immense potential, endowed with rich natural resources, unique agro-climatic conditions, and a strong tradition of craftsmanship. Inaugurating the two-day Arunachal Pradesh Reverse Buyer-Seller Meet (RBSM) 2025 at a city hotel here, the Chief Minister said the event marks a significant step toward positioning Arunachal Pradesh as a key contributor to India's export ecosystem. "From kiwi and mandarin oran ...Read More >
New Delhi, Oct 28 (PTI) India's services sector employs nearly 30 per cent of the country's workforce, which is still lower than the global average of 50 per cent, reflecting a slower structural transition, NITI Aayog said in a report on Tuesday. The Aayog, in a report titled 'India's Services Sector: Insights from Employment Trends and State-Level Dynamics', further said that services remain the mainstay of India's employment growth and post-pandemic recovery, but challenges persist. "Service ...Read More >
Shares of SAR Televenture surged more than 7% on Monday, extending their multibagger run, after the company announced plans to acquire 100% stakes in Blue Lotus Support Services Pvt Ltd and Whitefield Communications Pvt Ltd for a total consideration of ₹800 crore. The move marks a significant expansion step for the NSE SME-listed telecom infrastructure company, whose stock has soared nearly 240% since its market debut in November 2023. In an exchange filing, SAR Televenture said the acquisiti ...Read More >
Loan-against-property lender Optimo Capital has raised $17.5 million in a new round of funding led by the startup's founder Prashant Pitti with participation from existing investors Blume Ventures and impact venture capital firm Omnivore. Alongside the equity raise, the non-banking financial services startup has also raised just under $12.5 million in debt from IDFC Bank and Axis Bank. With the new round, Optimo's total equity fundraising stands at $27.5 million. The Blume-backed company targ ...Read More >
Shimla: Himachal Pradesh's socio-economic progress is now under threat as the state grapples with mounting climate-related challenges since it faced 1,700 human deaths and economic losses amounting to Rs 46,000 crore from climate-related disasters over the past four years. Water scarcity is deepening as nearly two-thirds of traditional springs have dried up, forcing several villages to depopulate.Released on Monday by chief minister Sukhvinder Singh Sukhu, the 'Himachal Pradesh Human Development ...Read More >
NEW DELHI (Reuters) -Amazon on Monday said it has helped Indian sellers surpass $20 billion in total exports, including nearly $7 billion this year, as small operators work to offset the impact of new U.S. import tariffs that were imposed in August. The company said it remained confident in its long-term growth and set a new target of reaching $80 billion in exports by 2030, driven by rising global demand for cosmetics, toys, furniture and apparel. Thousands of Indian artisans and small busine ...Read More >
New Delhi [India], October 27 (ANI): Major General Yousef Maayouf Saeed Al Hallami, Commander of the United Arab Emirates Land Forces, arrived in New Delhi on Monday for a two-day official visit from October 27-28, the Ministry of Defence said in a release on Monday. This high-level visit is set to enhance bilateral military cooperation and explore new avenues for collaboration, particularly in training and capability enhancement. It underscores the continued efforts of both nations to further ...Read More >
Business confidence in India softened in the second quarter of FY2025-26 as global uncertainty and additional US tariffs weighed on economic sentiment, according to the latest Business Expectations Survey by the National Council of Applied Economic Research (NCAER). The Business Confidence Index (BCI) slipped to 142.6 in Q2 from 149.4 in Q1, although it remained above the year-ago level of 134.3. The moderation followed three consecutive quarters of improvement and came during a period of domes ...Read More >
Mumbai, Oct 27 (PTI) Safecure Services, a security and facility management company, on Monday said it has fixed the price at Rs 102 per equity share for the Rs 30.6-crore initial share sale, which will open for public subscription on October 29. The initial public offering (IPO) will conclude on October 31. Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof, Thane-based Safecure Services said in a statement. The IPO is entirely a fresh issue of 30 lakh equ ...Read More >
New Delhi [India], October 27: Air Liquide announces today that it has entered into an agreement to acquire the India operations of NovaAir, a leading industrial gas producer and supplier, from PAG, an Asia-focused private equity firm. This acquisition represents another investment for the Group in the country and a strategic milestone in its Indian growth story. Also Read | Nothing OS 4.0 Beta Rolls Out for Phone 3a Pro and Phone 3a Models; Check Details on Visual Upgrades, Lock Glimpse Featur ...Read More >
NewsVoirBengaluru (Karnataka) [India], October 24: The Goods and Services Tax (GST) has been a game-changer in India's taxation system since its rollout in 2017. After almost two decades of deliberation and planning, the country adopted a unified tax structure aimed at simplifying the complex web of state and central taxes. But the journey of GST has been anything but smooth. With its ups and downs over the past eight years, the Indian government is now implementing Next-Gen GST Reforms in 2025. ...Read More >
Shimla: The third edition of the Shimla Flying Festival and Hospitality Expo took off on Saturday in Junga, situated around 35 kilometres from Shimla.The four-day event features a Paragliding Pre-World Cup and Pre-Asian League Championship, drawing nearly 60 pilots from countries including China, South Korea, Malaysia, Indonesia, Nepal, and Finland, along with participants from 10 Indian states.Naresh Chauhan, principal media advisor to chief minister Sukhvinder Singh Sukhu, inaugurated the fest ...Read More >
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