The Government of India has undertaken multiple measures to enhance the Ease of Doing Business (EoDB) for micro, small and medium enterprises, according to a press release issued by the Ministry of Micro, Small and Medium Enterprises. These initiatives are focused on simplifying procedures, digitising compliance requirements, improving…
Google has announced funding of ₹72.4 crore, equivalent to US$8 million, to support the development of Artificial Intelligence Centres of Excellence in India. The initiative reflects Google’s continued focus on strengthening AI research and development capabilities across the country. The funding will be channelled through Google’s AI for…
India’s tractor exports have registered a notable recovery in 2025 after remaining subdued over the previous two years. Industry data shows that tractor shipments during the January–November 2025 period stood at 95,191 units, marking a 6% increase compared with the corresponding period in 2024. Export volumes are expected…
India’s digital payments ecosystem recorded strong growth during the July–September 2025 quarter, with Unified Payments Interface (UPI) transaction volumes rising 34% year-on-year, according to data released by Worldline India. The increase in activity was supported by a broader acceptance network, with the number of active QR codes across…
The Delhi High Court has set aside the debarment imposed by the Ministry of External Affairs (MEA) on BLS International Services Limited, enabling the company to participate in future tenders. The ruling marks a key development for the company, restoring its ability to engage in projects linked to…
BigBloc Construction Limited has secured a significant purchase order from Larsen & Toubro Limited for the supply of Autoclaved Aerated Concrete (AAC) blocks. The order, valued at ₹2.21 crore including GST, is scheduled for delivery over a period of 6 to 9 months and is entirely domestic in…
India and Oman have recently entered into a comprehensive trade agreement aimed at deepening their long-standing partnership and strengthening economic cooperation. Union Minister of Commerce and Industry Piyush Goyal described the pact as a significant milestone, highlighting its importance in advancing bilateral trade and investment ties. The agreement…
India’s pharmaceutical exports have reached a record value of ₹2.72 lakh crore, equivalent to over US$30 billion, reflecting sustained global demand for medicines and healthcare products manufactured in the country. Commerce Secretary Rajesh Agrawal highlighted that this performance underscores the resilience and strength of India’s pharmaceutical industry in…
Zota Health Care has raised close to ₹350 crore after its fundraising committee approved the allotment of equity shares under a qualified institutional placement (QIP). On December 18, the company allotted 22.8 lakh equity shares to eligible qualified institutional buyers at an issue price of ₹1,535 per share,…
The Union Cabinet approved the Employment Linked Incentive (ELI) scheme, titled the Pradhan Mantri Viksit Bharat Rojgar Yojana (PMVBRY), on July 1, 2025. The programme is designed to encourage job creation, enhance workforce employability and strengthen social security coverage across sectors, including micro, small and medium enterprises and…