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India's CPSEs Exceed MSME Procurement Target By 144%

New Delhi, May 7 -- India's Central Public Sector Enterprises (CPSEs) have emerged as significant drivers of economic activities, with their procurement from Micro, Small, and Medium Enterprises (MSME... Read More


Tata Electronics' Bengaluru Centre Begins Exporting Semiconductor Chips

Bengaluru, May 7 -- In a step towards boosting India's semiconductor capabilities, Tata Electronics Ltd, a Tata Group company has begun exporting limited quantities of semiconductor chips packaged at ... Read More


India Improves Quality Assurance For Pharma Exports; Benchmarks With WHO Norms

New Delhi, May 7 -- In a bid to bolster global confidence in the quality and safety of pharmaceutical exports from India, the country's drug regulator is undertaking a gradual overhaul of the approval... Read More


India Greenlights 14,000 Tonnes Of Non-Basmati Rice Export To Mauritius

New Delhi, May 7 -- The Indian government has approved the export of 14,000 metric tonnes of non-basmati white rice to Mauritius. This decision comes despite the ongoing ban on non-basmati white rice ... Read More


Government Issued Sovereign Green Bonds Worth Rs 20,000 crore in FY24 to Boost Renewable Energy Sector

New Delhi, May 6 -- According to the latest CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook, the government auctioned sovereign green bonds worth Rs 20,000 crore in FY24, marking a 25 per ce... Read More


REC Ltd Gets RBI Nod to Set Up Subsidiary at GIFT City

New Delhi, May 6 -- REC Limited, a leading Maharatna central public sector enterprise under the Ministry of Power and a prominent non-banking financial company (NBFC), has received the Reserve Bank of... Read More


Agritech Startup Superplum Raises $15 Million to Expand Premium Fresh Fruit Business

New Delhi, May 6 -- Agritech startup Superplum, which sells premium fresh fruits directly from farms across India, has raised USD 15 million in a Series A funding round. The investment was led by Er... Read More


Meity Invites Input For Electronics Component Manufacturing Benchmarks

New Delhi, May 6 -- The Ministry of Electronics and Information Technology (Meity) is calling for stakeholders in the electronics manufacturing sector to provide their inputs to set benchmarks for a p... Read More


Supreme Court Dismisses MSME Plea Against 45-Day Credit Extension Rule

New Delhi, May 6 -- The Supreme Court on Monday declined to hear a challenge by micro, small and medium enterprises (MSMEs) against Section 43B(h) of the Income Tax Act rule that restricts them from e... Read More


FDI Relaxation In Space Sector To Spur Innovation & Job Creation: Experts

New Delhi, May 6 -- The Indian government's decision to ease foreign direct investment (FDI) norms in the space sector by allowing 100 per cent overseas investment in satellite component manufacturing... Read More