Rising Chinese Fabric Exports Pose Challenge for Indian Textile Hub

Surat, June 6 -- India's largest man-made fabric (MMF) hub is facing mounting competition from Chinese textile exporters. In the first quarter of 2024, China exported USD 442.9 million worth of fabr... Read More

DoT Commissions Industry 4.0 Readiness Survey For MSMEs

New Delhi, June 6 -- The Department of Telecommunications (DoT) has initiated a comprehensive survey to assess the preparedness of India's Micro, Small and Medium Enterprises (MSMEs) in the manufactur... Read More

MSME Ministry Reports Over 4.5 Crore Registered Enterprises on Udyam Platform

New Delhi, June 6 -- In a significant development reflecting the formalisation of India's vast micro, small and medium enterprises (MSME) sector, the number of such businesses registered with the MSME... Read More

Vistaar Finance Secures USD 50 Mn DFC Loan To Fund Women Owned MSMEs

New Delhi, June 6 -- Vistaar Finance, a prominent lender to micro, small and medium enterprises (MSMEs) in India, has announced securing a USD 50 million loan commitment from the US International Deve... Read More

CBIC Chairman Inaugurates New GST Office Complex in Rohtak

Rohtak, June 6 -- Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes and Customs (CBIC), inaugurated the newly constructed GST Bhawan in Rohtak on Wednesday. The modern office com... Read More

IT Exports from STPI Units Cross Rs 9 Lakh Crore Mark

New Delhi, June 6 -- The Indian IT industry has achieved a remarkable milestone, with exports from Software Technology Parks of India (STPI) registered units surpassing the staggering Rs 9 lakh crore ... Read More

RBI Monitory Policy Committee To Meet From June 5 To 7

New Delhi, June 5 -- The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is convening for its second meeting of the current financial year 2024-25 from June 5 to 7. Market analysts ant... Read More

India's Palm Oil Imports Surge to 4-Month High in May

New Delhi, June 5 -- India's palm oil imports rose sharply in May, jumping 12.4 per cent from April to reach 769,000 metric tons, the highest level in four months, according to estimates from five ind... Read More

Rupee Down 42 Paise, Steepest Fall in One Year

New Delhi, June 5 -- The Indian rupee fell sharply on Tuesday, declining the most in over a year to close at 83.53 against the U.S. dollar, down 42 paise from Monday's close. The significant decline... Read More

Dindigul Farm Products Limited Files For IPO On BSE SME Exchange

New Delhi, June 5 -- Dindigul Farm Products Limited, a prominent dairy processing company based in Dindigul, Tamil Nadu, has filed a Draft Red Herring Prospectus with the BSE SME Exchange for an upcom... Read More