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MSME Credit Growth Slows Down Amid Persistent Uncertainties: Report

New Delhi, June 2 -- India's micro, small and medium enterprise (MSME) credit portfolio continued to grow in April 2026, but at a slower pace, as global uncertainties began to affect lending momentum,... Read More


GST Authorities Cannot Penalise Transit Goods: Allahabad HC

Lucknow, June 2 -- In a significant judgment, the Allahabad High Court has ruled that GST authorities in Uttar Pradesh cannot impose penalties on goods that are merely passing through the state when b... Read More


India, South Africa Explore Deeper Cooperation in MSME Sector

New Delhi, June 2 -- Union MSME Minister Jitan Ram Manjhi held talks with a delegation from South Africa led by Small Business Development Minister Stella Tembisa Ndabeni in New Delhi to explore oppor... Read More


India's Seafood Exports Hit All-Time High of Rs 73,890 Crore in FY26

New Delhi, June 2 -- India's seafood exports reached a record high of Rs 73,890.46 crore (USD 8.46 billion) in FY 2025-26, with export volumes rising to 19,72,018 metric tonnes (MT), according to the ... Read More


Uttar Pradesh Emerges As Major Hub For Cross-Border E-Commerce Exports

Lucknow, June 2 -- Uttar Pradesh is rapidly positioning itself as one of India's key growth centres for cross-border e-commerce exports, driven by a strong MSME base, expanding digital adoption, suppo... Read More


Govt Achieves FY26 Fiscal Deficit Target Amid Revenue And External Pressures

New Delhi, June 2 -- India successfully achieved its fiscal deficit target of 4.4 percent of GDP for FY26, maintaining fiscal discipline despite revenue pressures, global economic uncertainties and th... Read More


India and Myanmar Agree To Boost Trade Through Rupee-Kyat Settlement Mechanism

New Delhi, June 2 -- India and Myanmar have agreed to facilitate and enhance bilateral trade including through the Rupee-Kyat settlement mechanism. A joint statement issued after bilateral talks betw... Read More


Meesho Partners With BSE To Help MSMEs Launch IPO

New Delhi, June 2 -- E-commerce firm Meesho has announced the launch of Project Shikhar in partnership with stock exchange BSE to enable micro, small and medium enterprises (MSMEs) to transition into ... Read More


ICAI Launches New Initiatives To Support MSMEs, Sustainability And Digital Transformation

New Delhi, June 2 -- The Institute of Chartered Accountants of India (ICAI) has announced a series of initiatives focused on MSME development, sustainability assurance and digital transformation, rein... Read More


US Delegation Arrives in India to Advance Bilateral Trade Agreement Talks

New Delhi, June 1 -- A high-level United States delegation led by Chief Negotiator Brendan Lynch arrived in the capital today to advance negotiations on the proposed India-US Bilateral Trade Agreement... Read More