Major UPI Players' Dominance Sparks Concerns; Smaller Entities Seek Regulatory Support

New Delhi, May 9 -- Representatives from the United Payments Interface (UPI) ecosystem convened with senior Reserve Bank of India (RBI) officials on Wednesday, advocating for regulatory measures that ... Read More

India PE-VC Dealmaking Expected to Remain Subdued in 2024: Report

New Delhi, May 9 -- India's private equity and venture capital deal activity is likely to remain subdued in 2024 compared to the record levels seen in 2021 and early 2022, according to a new report by... Read More

J&K Industrial Body Demands Payment Of Pending Fiscal Incentives For Existing Units

Jammu, May 9 -- The Bari Brahmana Industries Association (BBIA), representing industrial units in the Jammu region, has called on the Lieutenant Governor to address long-pending issues related to fisc... Read More

Jindal Group Forays into Defence Steel Market

New Delhi, May 9 -- The Jindal Group, one of India's leading steel producers, is venturing into the defence material market with its specialised steel offerings for shipbuilding and missile manufactur... Read More

No Domestic CRGO Steel Till 2027; Industry Appeals For Allowing Imports

New Delhi, May 9 -- India is grappling with an acute shortage of cold rolled grain-oriented (CRGO) steel, a crucial material used in the production of distribution and power transformers that are esse... Read More

India Becomes World's Third Largest Solar Power Generator Overtaking Japan

New Delhi, May 9 -- India has rapidly scaled up its solar energy deployment, becoming the world's third largest solar power generator in 2023, according to a new report by global energy think tank Emb... Read More

E-commerce Forum Raises Alarm Over 'Cumbersome' GST Norms Impeding Business In Tamil Nadu

Chennai, May 9 -- The Forum for Internet Retailers, Sellers & Traders (FIRST) India, a division of the India Small and Medium Enterprises (SME) Forum, has raised concerns over the challenges faced... Read More

Election Uncertainty Dampens Auto Sales Despite Positive Trends: FADA

New Delhi, May 9 -- India's automobile industry is experiencing mixed fortunes as factors like improved vehicle supplies, new model launches, and favourable crop yields have boosted customer interest ... Read More

MSME-Lender Namdev Finvest Doubles AUM To Rs 1,200 Cr In FY24

New Delhi, May 9 -- Jaipur-based Namdev Finvest, a non-banking financial company (NBFC) catering to Micro, Small And Medium Enterprises (MSMEs), has reported a remarkable 92.6 per cent surge in its as... Read More

India Weighs Green Steel Mandate for Luxury Carmakers

New Delhi, May 9 -- India is considering a proposal to require automakers of premium and ultra high-end models to use green steel in their manufacturing processes, according to government officials. ... Read More