The Finance Minister of India, Niramala Sitharaman, has proposed to introduce a dedicated 10,000 crores SME growth fund to create future jobs, incentivising enterprises based on select criteria. She stated that the government recognises MSMEs as a vital engine of growth, and proposes a th
India and the Member States of the League of Arab States (LAS) have agreed to significantly deepen their strategic partnership under the Executive Program of the India-Arab Cooperation Forum, 2026-2028, with an ambitious target of doubling bilateral trade to USD 500 billion by 2030, up fr
While speaking to ANI, Raikindi stated that the government of India is likely to prioritise job creation, agricultural development, inclusive manufacturing, and digital transformation. These sectors are expected to drive sustainable growth and development across the country
Speaking to ANI on Friday, Mohanty said he is hopeful for improved facilities and new schemes to help MSMEs scale up, modernise, and remain competitive in the global market and stressed the need for easier access to credit without collateral as a key priority.
New Delhi [India], January 30: EmergencyPaisa, a leading player in the digital personal loan sector, has just disclosed a phenomenal increase in its partner conversion rates from 5% to 14%. This remarkable performance is attributed to their continuous advancements in digital loan processing
Speaking exclusively to ANI on the FTA, Goyal emphasised that the agreement is a win-win deal that will drive economic growth and create new opportunities for Indian businesses and citizens. Goyal highlighted the potential benefits of the FTA for India's textile sector, which is expected
"The Economic Survey tabled today presents a comprehensive picture of India's Reform Express, reflecting steady progress in a challenging global environment. It highlights strong macroeconomic fundamentals, sustained growth momentum and the expanding role of innovation, entrepreneurship a
In November 2025, bank credit to this sector increased by 21.8% compared to a 13% increase in November 2024. Within the MSME sector, the credit extended to the micro and small enterprises has registered an increase of 24.6% (YoY) in November 2025, up from 10.2% in November 2024, data rele
Union Civil Aviation Minister Ram Mohan Naidu held bilateral meetings with delegations from UAE, Saudi Arabia, Russia and the Dominican Republic on the sidelines of Wings India 2026 in Hyderabad, highlighting India's growing global aviation footprint, manufacturing focus, and plans to eme
According to Ranjeet Mehta, CEO and Secretary General of PHD Chamber of Commerce and Industry (PHDCCI), the agreement provides Indian industries with a gateway to a massive USD 23 trillion economy.
As part of the pact, the European Union will abolish tariffs on 9425 lines of Indian exports, unlocking preferential access valued at USD 75 billion. This move is expected to accelerate India's ambition to reach USD 300 billion in engineering exports by providing entry into a USD 2 trilli
"This MoU is very important. I understand that in Delhi, there are lakhs of young people with innovative ideas who want to start a good business, a good job, a good industry, or some initiatives in the service sector. There are many such startups that want to move forward, but there is no