The festival of Karva Chauth 2025 has brought a massive economic boost, generating an estimated ₹28,000 crore in nationwide business, according to data from the Confederation of All India Traders (CAIT). Delhi alone contributed around ₹8,000 crore, as markets...
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...
Emerging markets experienced a further dip in economic momentum in May 2025, as fresh data from S&P Global Market Intelligence’s Purchasing Managers’ Index (PMI) revealed a renewed manufacturing slowdown. The GDP-weighted emerging market PMI output index fell to 50.9...
India’s startup ecosystem is experiencing a significant surge, with hiring up by 32% year-on-year in April 2025, signaling a strategic pivot towards sustainable and innovation-led scaling, according to a new report by jobs platform foundit (formerly Monster APAC &...
The Federation of Indian Micro and Small & Medium Enterprises (FISME) has called on the government to introduce a sector-agnostic production linked incentive (PLI) scheme tailored specifically for MSMEs. This recommendation, part of a detailed 10-point submission to Finance...
In the lead-up to the Union Budget, the Ministry of Commerce and Industry has once again advocated for the removal of the so-called “angel tax,” arguing that it hampers the growth of India's start-up ecosystem. Rajesh Kumar Singh, Secretary...
The Ministry of Corporate Affairs (MCA) has announced the upcoming transition of additional statutory filing forms to a web-based format. Starting next month, this move is part of the ongoing technology transformation initiative for corporate filings. It is aimed...
Mumbai, 27th June 2024: On the occasion of World MSME Day, Arka Fincap Limited is thrilled to announce a 0% processing fee on top-up loans for a limited period, ending on July 27, 2024. This special offer is designed...
The Micro, Small, and Medium Enterprises (MSME) department in Madhya Pradesh has allocated plots to more than 40 small-scale industries in the Morkha industrial area of Neemuch district. This initiative aims to foster industrial growth in the region, attracting...
Former Chief Minister of Bihar, Jitan Ram Manjhi, has been appointed as the new MSME Minister under the NDA government led by Prime Minister Narendra Modi. Manjhi, 79, who is also the leader of the Hindustani Awam Morcha (HAM),...