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RBI Cuts Repo Rate by 25 Basis Points to 5.25%, Loan EMIs Set to Come Down

New Delhi, Dec. 5 -- With retail inflation hitting record low, the Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) on Friday decided unanimously to cut policy repo rate by 25 basis point... Read More


Truck Rentals on Major Routes Rise 6-11% YoY in November on Firm Freight Demand

New Delhi, Dec. 5 -- Reflecting strong freight demand, truck rentals on some of the major routes in the country increased 6-11% year-on-year (YoY) in the month of November this year. As per the lates... Read More


India-Russia Sign MoU To Strengthen Agricultural Research, Innovation & Capacity Building

New Delhi, Dec. 5 -- Union Minister of Agriculture and Farmers Welfare, Shivraj Singh Chouhan, held a bilateral meeting with the Minister of Agriculture of the Russian Federation, Oxana Lut, at Krishi... Read More


Govt Enhances Credit & Equity Support To Strengthen MSME Finance Ecosystem

New Delhi, Dec. 5 -- The Government has introduced a series of initiatives aimed at strengthening access to finance for Micro, Small and Medium Enterprises (MSMEs), with recent measures focusing on ex... Read More


PLI Scheme For Traditional Textiles Includes 36 MSMEs, Achieves Rs 7,290 Cr Turnover & Rs 733 Cr Exports: MoS Margherita

New Delhi, Dec. 5 -- Minister of State for Textiles Pabitra Margherita provided an update to the Rajya Sabha on Friday regarding MSME registration and engagement under the Production Linked Incentives... Read More


FISME, Other Industry Bodies Hail Rate Cut, Hope Banks Transmit It Soon

New Delhi, Dec. 5 -- Industry associations have hailed the RBI's 25-basis-point cut in the policy repo rate to 5.25 per cent as a timely measure to enhance liquidity and ease borrowing costs for busin... Read More


NITI Aayog Unveils Strategy To Build A Quantum-Driven Economy

New Delhi, Dec. 5 -- NITI Aayog's Frontier Tech Hub on Thursday released a national roadmap to position India as a leading quantum-powered economy, outlining steps to accelerate research, talent devel... Read More


E-Cooking Poised To Drive India's Next Clean Energy Transition, Says IEEFA Analysis

New Delhi, Dec. 5 -- India's clean cooking access has grown sharply in the last decade, while e-cooking trend has also been picking up on the back of 24x7 power availability in many households. As pe... Read More


Industry Associations Welcome RBI's Rate Cut Decision

New Delhi, Dec. 5 -- Industry bodies Federation of Indian Chambers of Commerce and Industry (FICCI), EEPC India and All-India Association of Industries (AIAI) on Friday welcomed the Reserve Bank of In... Read More


MSME Ministry Expands Technology Centres, Boosts Digital Services For Small Businesses

New Delhi, Dec. 5 -- The government is implementing multiple initiatives to boost technology adoption and digitalisation among small enterprises, Minister of State for MSME Shobha Karandlaje informed ... Read More