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Two-Wheeler Makers Report Robust Growth in April Outperforming PVs Sale

New Delhi, May 3 -- India's leading two-wheeler manufacturers reported strong double-digit growth in their domestic wholesales in April 2024 compared to the same month last year, outperforming the pas... Read More


Priority Sector Lending To MSMEs Grows To Rs. 26 Lakh Crore On NBFC's Push

New Delhi, May 3 -- Deployment of gross bank credit to micro, small and medium enterprises (MSMEs) under priority sector lending reached Rs 24.67 lakh crore in March 2024, according to the latest data... Read More


Over 40,000 MSMEs Cancel Registrations, Challenge 45 Days Payment Rule in Supreme Court

New Delhi, May 2 -- More than 40,000 Indian small businesses, including 12,000 from Gujarat alone, have taken the drastic step of cancelling their registrations, as highlighted in a CNBC Awaaz report.... Read More


Infinity Fincorp Solutions Secures USD 8 Mn Funding To Boost Credit Accessibility For MSMEs

Mumbai, May 2 -- Mumbai-based non-banking financial company (NBFC) Infinity Fincorp Solutions has raised an additional USD 8 million in funding from Archerman Capital. The NBFC plans to utilise the f... Read More


IFFCO Receives Government Approval for Nano Liquid Zinc and Copper Products

New Delhi, May 2 -- Indian Farmers Fertiliser Cooperative Limited (Iffco), a major fertiliser manufacturer, announced that the central government has approved its two new nano technology-based product... Read More


T-Hub Launches Funding Program & Strategic Alliances To Drive Defence & Aerospace Innovation

Hyderabad, May 2 -- T-Hub unveiled the SIDBI-T-Hub Funding Programme, designed to provide financial support to emerging start-ups operating in defence and aerospace sectors at the recently held Nation... Read More


Quality Concerns Put Indian Spice Exports Worth USD 700 Mn in Jeopardy: GTRI

New Delhi, May 2 -- Intensifying regulatory scrutiny over quality issues has put nearly USD 700 million worth of Indian spice exports to critical markets at risk, according to a report by the Global T... Read More


India To Maintain Status Quo On Iron Ore Export Tariffs

New Delhi, May 2 -- India has decided against imposing tariffs on exports of low-grade iron ore for now, despite a significant rise in overseas sales to China, a source with direct knowledge of the ma... Read More


Three Coir Clusters In Odisha Shut Down Amid Employment Shortfall

Bhubaneswar, May 2 -- Three of the five coir clusters launched by the Coir Board across Odisha in the aftermath of the Covid-19 pandemic have shut down within two years of their launch, due to a lack ... Read More


India to Implement Digital Crop Surveys Using AI Nationwide to Assess Acreage

New Delhi, May 2 -- India intends to overhaul its agricultural statistics system by implementing routine digital crop surveys supported by advanced analytics and artificial intelligence (AI) across th... Read More