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NIIF Raises Rs 190 bn in First Close of Infrastructure Fund II

Mumbai, Sept. 3 -- National Investment and Infrastructure Fund (NIIF) has raised Rs 19,000 crore, equivalent to Rs 190 bn, in the first close of its NIIF Infrastructure Fund II, the largest first clos... Read More


India Factory Growth Falls to Five-Year Low in August

Mumbai, Sept. 3 -- The Purchasing Managers' Index (PMI) for manufacturing showed that India's factory sector slipped to a five-year low in August as demand weakened across several segments. The readin... Read More


Gujarat MSME Credit Disbursal Tops Target By 22 Per Cent

Mumbai, Sept. 3 -- Gujarat's banks disbursed Rs 3,79,535 crore in 2025-26, exceeding the annual target of Rs 3,10,917 crore and achieving 122.07 per cent of the goal. This translates to Rs 3,795.35 bi... Read More


Karnataka MSMEs Emerge As Major Employment Engine

Mumbai, Sept. 3 -- Karnataka's micro, small and medium enterprises are emerging as a central pillar of the state's employment economy, with five million (mn) registered MSMEs employing 23 mn people, C... Read More


SIDBI Conclave Urges RRBs To Expand MSME Co-lending

Mumbai, Sept. 3 -- The Small Industries Development Bank of India (SIDBI) organised a conclave in New Delhi with heads of Regional Rural Banks (RRBs) to discuss expanding the SIDBI-RRB co-lending arra... Read More


India And Denmark Deepen Cooperation On MSME Innovation

Mumbai, Sept. 3 -- India and Denmark agreed to strengthen bilateral cooperation on micro, small and medium enterprise (MSME) development, innovation and intellectual property at the fourth meeting of ... Read More


Indian Bank Sanctions Rs 10.2 Billion For MSME Retail Agriculture

Mumbai, Sept. 3 -- Indian Bank has sanctioned Rs 10.2 billion (bn) to bolster lending across the micro, small and medium enterprises, retail and agriculture segments, the bank announced. The sanction ... Read More


Odisha Targets US$500 bn Economy By 2036 With MSMEs

Mumbai, Sept. 3 -- Odisha, currently a United States dollar (US$) 120 bn economy, is targeting US$500 bn by 2036 and US$1.5 tn by 2047, with micro, small and medium enterprises expected to play a cent... Read More


49 MSMEs Propose Rs 23,209.7 Million Investment in Chakan-Bhosari Belt

Mumbai, Sept. 3 -- 49 MSMEs have proposed investments totalling Rs 23,209.7 million (mn) in the Chakan-Bhosari industrial belt in Pune district, Maharashtra, the state chief minister Devendra Fadnavis... Read More


IOC Boosts LPG Output As Refineries Run Over Capacity

Mumbai, Sept. 3 -- Indian Oil Corporation boosted liquefied petroleum gas output by nearly 30 per cent amid the Iran war and operated refineries above 100 per cent utilisation. The company set up 24?... Read More