Exclusive

Publication

Byline

FISME Seeks Industry Feedback On ECLGS 5.0 Continuation, Other MSME Credit Support Measures

New Delhi, Sept. 2 -- The government has decided to discontinue the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, which was introduced in May to support micro, small and medium enterprises (MSME... Read More


Bank Credit Growth Surges To 19.1% YoY In July As Industry, Services Lending Surge: RBI

New Delhi, Sept. 2 -- Non-food bank credit growth accelerated sharply to 19.1 per cent year-on-year (YoY) as of the fortnight ended July 31, 2026, from 9.9 per cent in the corresponding period a year ... Read More


Services Exports Rise 13.4% To USD 38.25 Bn In July 2026; Surplus At USD 17.65 Bn: RBI

New Delhi, Sept. 2 -- India's services exports rose 13.4 per cent year-on-year (YoY) to USD 38.25 billion in July 2026, according to data released by the Reserve Bank of India (RBI). Services imports... Read More


India's Manufacturing Growth Slows Sharply In August; PMI Hits 5-Year Low At 52.8: HSBC

New Delhi, Sept. 2 -- India's manufacturing sector continued to expand in August, but growth slowed sharply as output and new orders increased at their weakest pace in five years, according to the HSB... Read More


Windfall Tax On Diesel, Petrol Exports Raised; ATF Levy Cut

New Delhi, Sept. 2 -- The government has raised the windfall tax on petrol and diesel exports while marginally reducing the levy on aviation turbine fuel (ATF) for the next fortnight, effective Septem... Read More


Commerce Ministry Seeks Exporters' Inputs On US Market Access Concerns Ahead Of Trade Talks

New Delhi, Sept. 2 -- The Commerce Ministry has sought inputs from industry and exporters on concerns related to access to the US market, which will be taken up with American counterparts, an official... Read More


India Closes Gap With Global Vehicle Standards, Now 2-3 Years Behind In Some Areas: MoRTH

New Delhi, Sept. 2 -- India has significantly narrowed its gap with advanced automotive markets on vehicle standards and is now only two to three years behind in some areas, while matching or exceedin... Read More


India's Power Consumption Rises 12.85% To 169.01 BU In August Amid High Humidity

New Delhi, Sept. 2 -- India's power consumption increased 12.85 per cent year-on-year (YoY) to 169.01 billion units (BU) in August, according to official data, driven largely by higher use of cooling ... Read More


Sitharaman, IMF Chief Discuss India's Growth Trajectory, Macroeconomic Resilience

New Delhi, Sept. 2 -- Union Finance Minister Nirmala Sitharaman met International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of the G20 Finance Ministers and Central B... Read More


India's 7.8% Growth Reflects Economic Resilience, Data Centres Could Attract USD 200 Bn: Goyal

New Delhi, Sept. 2 -- India's 7.8 per cent economic growth in the April-June quarter reflects the resilience of the economy amid global uncertainty and geopolitical tensions, Commerce and Industry Min... Read More