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Lok Sabha Passes MSME Amendment Bill 2026 To Tackle Payment Delays And Boost Liquidity

New Delhi, Aug. 8 -- The Lok Sabha on Friday passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, without debate amid continued protests by Opposition members. The legis... Read More


97% Of India's Rural Enterprises Are Nano Units: TRI Report

New Delhi, Aug. 8 -- Nearly 97 percent of India's more than 43 million rural enterprises are nano enterprises, and enabling them to invest, expand and generate employment could significantly boost rur... Read More


DGFT Expands Trade Connect Eligibility To DPIIT-Recognised Startups

New Delhi, Aug. 8 -- The Directorate General of Foreign Trade (DGFT) has expanded the eligibility criteria for the 'Source from India' service on the Trade Connect ePlatform to include eligible DPIIT-... Read More


GeM Crosses Rs 20 Lakh Crore In Cumulative Public Procurement Ahead Of 10th Anniversary

New Delhi, Aug. 8 -- The Government e-Marketplace (GeM) has crossed Rs 20 lakh crore in cumulative Gross Merchandise Value (GMV) through more than 3.78 crore orders, ahead of completing ten years of o... Read More


Customs Duty On Most Items To Fall To Single Digits By FY28: FM Sitharaman

New Delhi, Aug. 7 -- The government plans to continue rationalising tariff structures and aims to bring Customs duty on most items down to single-digit levels by the Budget for 2027-28 (FY28), Union F... Read More


Lok Sabha Clears Taxation and Other Laws (Amendment) Bill; Push For Foreign Investment And Manufacturing

New Delhi, Aug. 7 -- The Lok Sabha on Thursday passed the Taxation and Other Laws (Amendment) Bill, 2026, without debate. The legislation aims to attract foreign investment, support domestic manufactu... Read More


DPIIT Partners With Cars24 To Support Startups With AI, Funding And Mentorship

New Delhi, Aug. 7 -- Gurugram-based Cars24 has signed a memorandum of understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to collaborate on initiatives aimed a... Read More


Indian Auto LPG Coalition Seeks Govt Push For Retrofit Policy To Tackle Rising Emissions

New Delhi, Aug. 7 -- The Indian Auto LPG Coalition (IAC) has urged the government to introduce a dedicated, time-bound national retrofit policy to enable certified conversion of existing petrol and di... Read More


India's Bank Credit Growth Pegged At 14% For FY27; Pace Likely To Ease In H2: HSBC Report

New Delhi, Aug. 7 -- India's bank credit growth is expected to remain robust at around 14 per cent in FY27, according to a report by HSBC Global Investment Research. The report noted that several ban... Read More


India's Defence Sector To Reach Rs 3 Lakh Crore By FY29: CareEdge Ratings

New Delhi, Aug. 7 -- India's defence sector is projected to grow from Rs 1.78 lakh crore in FY26 to Rs 3 lakh crore by FY29, registering a compound annual growth rate (CAGR) of about 19 per cent, acco... Read More