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FORGOTTEN HISTORY: 2 | History Defined

Stainless steel sector MSMEs flag import surge, urges govt to reintroduce quality control order

Indian stainless steel MSMEs are urging the government to reinstate a quality control order after its suspension led to a surge in cheap Chinese imports. Industry bodies report a 65% year-on-year jump in imports, threatening domestic jobs and investments. Manufacturers claim these imports enter at predatory prices, undermining local businesses…

The Economic Times

UPI, Aadhaar banking drive 61% of MSME transactions; AI adoption rises: Report

A significant majority of retailers now feel more confident using digital platforms for daily operations, leading to increased digital payment usage. AI is also gaining attention, with many retailers already employing it to enhance their businesses, signaling a strong move towards regular digital adoption.

The Economic Times

MSMEs are India's entrepreneurship nursery, RBI to continue strong support: Governor Malhotra

Emphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micro, Small and Medium Enterprises (MSMEs) as India's "entrepreneurship nursery" and said the central bank will continue to extend strong support to the segment.

The Economic Times

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Early signs of stress emerge in MSME loans as West Asia disruptions worry banks: Report

Lenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for businesses. While the full impact is yet to be seen, public sector banks appear more vulnerable.

The Economic Times

SBI's improving performance warrants better valuation, chairman Setty says: Report

State Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He highlighted the success of the Yono digital platform, strengthened capital position, and the significant growth in value from its subsidiaries. SBI is also focusing on technology adoption, including AI, and…

The Economic Times

Unified BRICS’ action needed to drive MSME growth and innovation: Jitan Ram Manjhi

In BRICS MSME Summit, discussions focused on technology adoption, digital transformation, and market access, highlighting MSMEs' crucial role in inclusive development and job creation.

The Economic Times

Insurers face margin pressure amid rising competition, costs; rural protection gap persists: Report

Indian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisely, focus on solid underwriting, and control costs. Technology and a shift towards protection products will be key to reaching more customers and rebuilding trust. Broader financial services also see…

The Economic Times

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RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY report

The Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exporters as part of its Payments Vision 2028, according to an EY report, which identified cross-border payments as a key strategic priority for the next phase of India's digital payments…

The Economic Times

EEPC India proposes separate MSME rating system for better funding and global competitiveness

EEPC India has urged the government to create a distinct rating system for MSMEs. This new approach would consider their size and operational specifics. Such a system aims to provide fair recognition, enable easier access to affordable loans, and boost their global market standing.

The Economic Times

India's MSME growth remains concentrated despite expansion in credit and formalisation: Report

The study highlights the geography of MSME growth in India and calls for more balanced, targeted expansion of enterprise activity and formal credit access.

The Economic Times

Over 60% of pharma MSMEs yet to comply with updated manufacturing norms

Pharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shortages, funding constraints, and rising compliance costs pose challenges for smaller drug makers within the SME ecosystem..

The Economic Times

MSMEs to bear bigger hit than large firms from West Asia conflict: Crisil

The ongoing crisis in West Asia has struck a harsh chord for Indian small enterprises, leaving them vulnerable to significant setbacks. Anticipated decreases in production and revenue are creating a precarious balance for many, as mounting trade obstacles and rising expenditures apply further pressure on profits.

The Economic Times

Why India's manufacturing future needs more than jugaad

India's manufacturing sector faces a critical juncture. Global buyers demand zero defects and reliability, moving beyond India's traditional jugaad approach. To gain trust in global supply chains, India must prioritize precision, consistency, and design excellence. This shift requires collaboration between large enterprises and MSMEs, fostering a national mission for quality.…

The Economic Times

CITI welcomes temporary removal of 11% cotton import duty, calls it boost for textile exports

The move aims to boost the competitiveness of India's MSME-dominated textile sector amidst global challenges and support the nation's target of $100 billion in exports by 2030.

The Economic Times

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The Economic Times

FM asks lenders to go beyond standard loans, design credit repayments around biz cycles

Finance Minister Nirmala Sitharaman has called on banks to move beyond standard loan products. She emphasized the need for repayment structures that align with the specific income cycles of different businesses. This initiative aims to provide tailored credit solutions for MSMEs, supporting their growth and contributing to a stronger middle…

The Economic Times

MSMEs will drive Andhra's economic shift: CM Naidu

The state aims to create 100 unicorns and support women entrepreneurs, with initiatives including startup promotion and strengthening industrial infrastructure.

The Economic Times

US team may visit India next month for trade talks: Piyush Goyal

American trade officials are expected in India next month for crucial trade discussions. This visit follows recent US investments exceeding sixty billion dollars. India and the US are strengthening their partnership in technology, defense, and energy. Both nations aim to build resilient supply chains. Indian businesses are encouraged to support…

The Economic Times

UP Cabinet expansion: Former BJP chief Bhupendra Chaudhary gets MSME, Manoj Pandey to take charge of Food and Civil Supplies

Uttar Pradesh government has expanded its cabinet. New ministers and promoted leaders have been given important portfolios. This move strengthens the administrative team ahead of the 2027 Assembly elections. The Bharatiya Janata Party aims for a third consecutive term. New ministers have taken their oath of office.

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The Economic Times

MSMEs key to creating 20 lakh jobs in Andhra: Minister Nara Lokesh

The government is promoting decentralized development through clusters and simplifying business processes. Plans are underway to list 100 Andhra Pradesh companies on the NSE within three months.

The Economic Times

Modern conflicts will be shaped not only by fighter aircraft but also by AI, cyber warfare: Air Marshal Ashutosh Dixit

Air Marshal Ashutosh Dixit emphasized that India's future military strength hinges on AI, cyber warfare, and drones, not just traditional platforms. He urged MSMEs to become long-term national security partners, highlighting a significant ₹10 lakh crore opportunity in the expanding defence ecosystem.

The Economic Times

Higher gold import duty may boost gold loan demand, says Nirmal Jain

Increased import duties on gold, while potentially impacting jewellery demand, present new opportunities for the gold loan industry. Higher gold prices boost collateral value, enabling larger loans for borrowers, particularly MSMEs needing working capital amidst economic pressures. The gold loan sector largely relies on existing jewellery, not new purchases, thus…

The Economic Times

Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium terms

ECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.

The Economic Times

MSME Ministry showcases PM Vishwakarma’s transformative livelihood impact at Civil Services Day session

Dr Rajneesh, Additional Secretary & Development Commissioner, MSME, moderated the session and outlined the scheme’s vision and digital, paperless framework.

The Economic Times

How secured loans can open new doors to credit-based growth for MSMEs

Secured loans offer MSMEs a pathway into the formal credit system, eliminating the need for years of audited financials or a long operational history.

The Economic Times

Noida MSMEs flag wage hike amid rising costs, seek financial relief, subsidies

MSME entrepreneurs in Noida and Greater Noida have flagged rising costs and policy imbalance following the recent hike in wages and overtime.

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