Steel Industry Seeks Fair Trade and Emphasis on Infrastructure and Manufacturing
Steel Industry Seeks Fair Trade and Emphasis on Infrastructure and Manufacturing India’s leading steel companies are hopeful that the upcoming Modi 3.0 Budget will prioritize continued massive capital expenditure, particularly in infrastructure development and manufacturing, while ensuring fair competition against imports. The infrastructure sector, the largest consumer of steel, has seen robust growth thanks to […]
Government and Industry Collaborate to Boost India’s Toy Sector
Government and Industry Collaborate to Boost India’s Toy Sector Government and industry leaders will convene on July 8 to discuss strategies for enhancing the growth of India’s toy sector, focusing on boosting manufacturing capabilities and increasing exports. The meeting, organized by Invest India in collaboration with the Toy Association of India, aims to address key […]
CreditEnable Partners with WEP to Empower Women Entrepreneurs
CreditEnable Partners with WEP to Empower Women Entrepreneurs CreditEnable has partnered with the Women Entrepreneurship Platform (WEP) incubated by Niti Aayog to launch its flagship digital financial wellness program, Shine, aimed at women entrepreneurs across India. Introducing Shine: A Path to Financial Wellness Shine, developed by CreditEnable and powered by Experian, offers SME owners a […]
India Attracts Less Than 3% of Global Startup Funding, Signalling Major Growth Opportunities: Rajan Anandan
India Attracts Less Than 3% of Global Startup Funding, Signalling Major Growth Opportunities: Rajan Anandan Despite being the world’s third-largest startup ecosystem, India captures less than 3% of global startup funding, highlighting immense growth potential, according to Rajan Anandan, Managing Director at Peak XV and Co-Chair of the Venture Capital (VC) Council of the Indian […]
SEBI In Action: Market Watchdog Caps Opening Price of IPO for NSE Emerging Segment
SEBI In Action: Market Watchdog Caps Opening Price of IPO for NSE Emerging Segment To ensure uniformity in the opening price discovery and equilibrium price for SME platform IPOs across exchanges, the Securities and Exchange Board of India (SEBI) has decided to impose a cap of up to 90 percent over the issue price for […]
Govt to Extend Easy Visa Rules to All PLI Sector Companies: DPIIT Secretary
Govt to Extend Easy Visa Rules to All PLI Sector Companies: DPIIT Secretary The Production-Linked Incentive (PLI) scheme covers 14 sectors, including mobile phones, drones, white goods, telecommunications, textiles, automobiles, specialty steel, and pharmaceutical drugs. The government is working towards streamlining the application process for Indian business visas for companies that have set up manufacturing […]
Apple’s AI in Limbo: How the EU’s Digital Markets Act Throws a Wrench in Innovation
Apple’s AI Rollout Stalled in Europe: The EU’s Digital Markets Act Throws a Wrench in the Works Apple’s grand plans for rolling out its latest artificial intelligence (AI) features in Europe have been thrown into disarray by the European Union’s (EU) Digital Markets Act (DMA). This act, designed to promote a more competitive digital marketplace, […]
MSME Day 2024: Significance, History, and Its Difference from Small Industry Day
MSME Day 2024: Significance, History, and Its Difference from Small Industry Day Overview MSME Day, observed annually on June 27, is designated by the United Nations General Assembly to recognize the vital role that Micro, Small, and Medium Enterprises (MSMEs) play in fostering inclusive and sustainable economic development globally. This day celebrates the immense contributions […]
FM Urged to Support MSME Workforce Up-Skilling and Introduce Employment-Linked Incentives
FM Urged to Support MSME Workforce Up-Skilling and Introduce Employment-Linked Incentives The interim Budget for FY25 has allocated Rs 22,138 crore to the MSME sector, maintaining the same level as the previous financial year. During a pre-budget meeting on Tuesday, industry executives urged Finance Minister Nirmala Sitharaman to increase funding in the Union Budget to […]
India Inc. Bets Big on AI to Transform its Manufacturing Sector
India Inc. Bets Big on AI to Transform its Manufacturing Sector Artificial Intelligence is revolutionizing operational landscapes through automation, enhancing efficiency in smart factories and customer solutions. India stands on the brink of its second major business transformation in three decades, poised to become a hub for AI-powered manufacturing, similar to its dominance in the […]