The Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme has significantly impacted grassroots entrepreneurship in India, according to Union Minister Mr. Ravneet Singh. Speaking in the Rajya Sabha, he highlighted that the initiative has enabled small entrepreneurs, farmers, and women-led units to increase their turnover by…
India’s gems and jewellery exports recorded strong growth in November, rising nearly 20 percent year-on-year to US$ 2.50 billion, according to data released by the Gem and Jewellery Export Promotion Council (GJEPC). The increase was supported by improved performance across key product categories, particularly cut and polished diamonds.…
India’s rice production is projected to reach a record high of 152 million tonnes during the 2025–26 crop and marketing season, according to the latest outlook from the United States Department of Agriculture (USDA). The forecast reflects favourable growing conditions and expanded cultivation across major rice-producing regions. The…
KEC International Limited, the infrastructure engineering and construction arm of the RPG Group, has secured new orders worth ₹1,150 crore in India in the normal course of business. The latest contracts have strengthened the company’s presence across its transmission and civil infrastructure segments and have taken its year-to-date…
Edelweiss Mutual Fund is set to launch a Greater China-focused equity scheme for retail investors through the GIFT City platform, according to reports. The proposed offering will allow Indian investors to gain exposure to equity markets in Mainland China, Hong Kong, and Taiwan through an international feeder fund…
Corona Remedies made a strong debut on the stock exchanges on December 11, 2025, after witnessing significant demand during its initial public offering. The company’s shares were listed at ₹1,470 on the National Stock Exchange (NSE), representing a premium of 38.42 percent over the issue price. On the…
Several leading mutual fund houses in India continued to maintain sizeable cash positions in their portfolios during November, according to data from an ACE Mutual Fund report. Five asset management companies (AMCs), including SBI Mutual Fund and PPFAS Mutual Fund, reported cash holdings exceeding ₹10,000 crore during the…
The Reserve Bank of India (RBI) has advised banks to link loans extended to micro, small and medium enterprises (MSMEs) to an external benchmark, with the objective of improving the transmission of monetary policy, the government informed Parliament. In a written reply in the Lok Sabha, Minister of…
Indian Overseas Bank (IOB) has announced a reduction in its lending rates following the Reserve Bank of India’s recent policy rate cut. The revised rates will come into effect from Monday, December 15. The public sector bank has lowered its repo-linked lending rate (RLLR) by 25 basis points,…
Several listed companies are scheduled to mark record dates this week for corporate actions including a share buyback, interim dividends, and a bonus issue. These record dates determine shareholder eligibility for the announced actions. The key developments involving eClerx Services, Indian Oil Corporation, Can Fin Homes, and Dr.…
