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Friday, June 19, 2026

SMEDesk

3.5 Lakh MSMEs Rise in Kerala Home-Based Economy

In a quiet but powerful economic shift, Kerala has witnessed the creation of over 3.5 lakh new MSMEs in the last three and a half years — with nearly a third led by women, many operating directly from their...

EU–India Strategy Targets Trade, Tech & Talent

The European Commission, alongside the High Representative for Foreign Affairs, has officially adopted a New Strategic EU–India Agenda, aimed at redefining bilateral cooperation across trade, defence, sustainability, and technology. Announced under the 2024–2029 Political Guidelines, the agenda seeks to transform...

GST Scrapped on Life, Health Insurance Premiums

In a significant push to boost financial protection and insurance affordability, the Government of India has directed both public and private insurance companies to proactively pass on GST benefits to consumers and raise awareness around the recent GST exemptions...

FY26 WPI Seen at 0.5%, Inflation Stays Soft

India’s Wholesale Price Index (WPI) inflation is expected to remain subdued at 0.5% for FY26, according to a new report by Union Bank of India. Despite moving back into positive territory, the bank estimates that core base effects, stable...

Unemployment Dips to 5.1%, Women’s WPR Rises

India’s labour market showed continued improvement in August 2025, with the unemployment rate falling to 5.1%, marking the second consecutive monthly decline, according to the latest Periodic Labour Force Survey (PLFS) by the Ministry of Statistics and Programme Implementation...

Crisil Keeps FY26 GDP Growth at 6.5%

India’s GDP growth is expected to remain steady at 6.5% in FY26, according to a new report by Crisil, even as the global environment presents significant headwinds for exports and capital flows. The report highlights that rate cuts, healthy monsoon,...

Vehicle Sales Dip Ahead of GST Cuts

India’s automobile industry recorded mixed sales trends in August 2025, with passenger vehicle sales witnessing a decline as customers delayed purchases ahead of the upcoming GST reforms. Meanwhile, the two- and three-wheeler segments reported steady growth, reflecting diverse consumer...

CERT-In Mandates Cyber Audits for MSMEs

India’s micro, small, and medium enterprises (MSMEs) will now fall under the country's evolving cybersecurity compliance regime, following a mandate by the Indian Computer Emergency Response Team (CERT-In) that makes annual cybersecurity audits compulsory for all such businesses. Effective from...

Udyam, UAP Cross 6.6 Cr MSME Registrations

The Ministry of Micro, Small and Medium Enterprises (MSME) has reported that 6.63 crore MSMEs have been registered across India on the Udyam Registration Portal and Udyam Assist Platform (UAP) between 1st July 2020 and 31st July 2025, signaling...

GST Cuts Boost MSMEs in Food & Logistics

The Government of India has announced major GST reforms aimed at simplifying taxation in the food processing and logistics sectors, offering relief to consumers and enhancing predictability for industry players — particularly SMEs and MSMEs operating across the value...

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