Updates

The Union Budget 2025-26 introduces a series of measures aimed at strengthening the Micro, Small, and Medium Enterprises (MSME) sector, recognising its role as one of the key engines in India’s journey of development, alongside agriculture, investment, and exports. To help businesses expand and improve efficiency, the investment and turnover limits for MSME classification have […]

Launched by Prime Minister Narendra Modi on February 15, 2024, with a budget outlay of ₹75,021 crore, the initiative aims to provide free electricity to households by facilitating the installation of rooftop solar panels. The Union Budget 2025 on Saturday (February 1) has increased the allocation for PM Surya Ghar Muft Bijli Yojana (SGMBY) scheme

INDIA’S GDP EXPECTED TO GROW BETWEEN 6.3 & 6.8 PER CENT IN FY26 REAL GDP ESTIMATED AT 6.4 PER CENT IN FY25, CLOSE TO ITS DECADAL AVERAGE REAL GVA ESTIMATED TO GROW BY 6.4 PER CENT IN FY25 CAPEX GROWS AT 8.2 PER CENT IN JULY – NOVEMBER 2024 AND EXPECTED TO PICK UP FURTHER

The Scheme will be applicable to all loans sanctioned under MCGS-MSME during the period of 4 years from the date of issue of operational guidelines of the scheme or till cumulative guarantee of Rs. 7 lakh crore are issued, whichever is earlier. Two days before the presentation of the Union Budget for the next financial

The programme aims to onboard 5 lakh MSMEs onto the Open Network for Digital Commerce (ONDC), fostering greater inclusivity by targeting 50% women-led enterprises. he Ministry of Micro, Small, and Medium Enterprises (MSME) has launched the MSME Trade Enablement and Marketing (TEAM) initiative to empower small businesses in adopting digital commerce. With a sanctioned budget

As part of measures to manage liquidity conditions, the central bank also announced a USD/INR Buy/Sell Swap auction of $5 billion for a tenor of six months to be held on January 31, 2025 India’s central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond purchases and

Total digital transactions grew at a CAGR of 45.9% over five years, with UPI leading at 74.03%: RBI Payment System Report The Reserve Bank of India (RBI) published the Payment System Report 2024 on January 27. • Payments form the backbone of any economic activity. They are increasingly being recognised as a means of achieving financial

India’s investment ecosystem and external commercial borrowings (ECBs) have witnessed significant developments over the past few years. The recent report by the State Bank of India (SBI) has highlighted trends in investment announcements, private sector’s contribution, and role of ECBs in corporate financing. Investment Announcements (9MFY25) Investment activity in India continues to grow at a rapid pace, with significant contributions from the private

Empowering Consumers, Fostering Awareness”: RBI Hosts Press Conference to Illuminate Reserve Bank- Integrated Ombudsman Scheme (RB-IOS), 2021, Emphasizing Grievance Redressal and Accessibility The Reserve Bank of India (RBI) organized a pivotal Press Conference today at Hotel Mountview, Chandigarh, aimed at elevating consumer awareness surrounding the transformative Reserve Bank – Integrated Ombudsman Scheme, 2021 (RB-IOS, 2021).

$5.7 trillion threat: How global fragmentation could hit India and emerging economies hard Emerging markets like India, Brazil, and Türkiye, along with nations in Africa and Southeast Asia, would bear the brunt of the economic burden, facing GDP losses of over 10% due to their dependence on an integrated global financial system. As states increasingly