The proposed 2,000 MW interconnection from Imphal to Singapore through Myanmar, Thailand and Malaysia aims to boost electricity trade, clean energy integration and regional energy security

Power grid, discom

Business Standard

Commerce Minister Piyush Goyal says India's export target is achievable despite subdued global trade growth, citing strong domestic businesses, MSMEs and new FTAs

Piyush Goyal, Piyush

Move could cut MRPs by up to 70%, save patients ₹2,500 crore annually; comes amid SC scrutiny of high mark-ups

Drugs medicine

The proposed 750 MW integrated green data centre park will be developed across locations in the Mumbai Metropolitan Region, with operations expected to begin in 2028

India data centre market, real estate developers in data centres, data centre investments India, data centre real estate growth, Hiranandani data centre plans, AI and cloud adoption India, 5G impact on data centres, hyperscale data centres India, Min

Honeywell Aerospace expects to complete the initial 16-engine supply ahead of its mid-2029 deadline as it strengthens supply chains and explores technology transfer opportunities in India

HTT 40HTT 40 ANI

The partnership will cover vertiports, charging stations, operating procedures and regulatory coordination for ePlane's e200X electric air taxi and emergency services

Volume growth reached 3.5 per cent, the highest in two years, while pricing rose about 6.2 per cent as most therapy segments recorded stronger demand

pharma, pharmacy, capsule

The Vietnamese EV maker has signed letters of intent with dealer partners across 34 cities as it builds a dedicated distribution network for electric motorcycles in India

vinfast

Sales in price band remain flat between 2019 and 2025 even as overall PV market grows 54%; nine in 10 used cars sell for ₹10 lakh or less

auto sector, passenger vehicles

Rural vehicle sales rose 32.69 per cent in September, supported by small businesses and non-farm incomes, while tractor demand remained more sensitive to farm conditions

Rural Auto

Truck rentals remained above year-ago levels across key routes in September, while heavy vehicle sales and electric vehicle adoption also showed strong growth, according to Shriram Finance Bulletin

truck, trucks, vehicles

The newly approved fund will provide equity capital to growth-stage SMEs, with a focus on manufacturing firms and industrial clusters in Tier-II and Tier-III cities, to boost expansion and exports

investment, funds, funding

The India SME Forum estimates the MSME procurement economy at ₹124.9 trillion, but says only 30-40 per cent of spending currently takes place through digital channels

MSME exports

The highly fragmented and labour-intensive industry relies on imported raw materials such as gold and rough diamonds, exposing it to demand fluctuations and geopolitical disruptions

India gems and jewellery exports, West Asia conflict impact, US tariffs jewellery India, UAE trade India gems, Gems and Jewellery Export Promotion Council, export slowdown India, precious stones imports UAE, gold imports India UAE, trade diversificat

MSME fintech firm Progcap aims to raise up to USD 45 million (approximately Rs 425 crore) from share sales in FY28 to expand its lending business.
"We are planning a capital raise through equity dilution next financial year," Progcap co-founder Himanshu Chandra told PTI.
It would be through private placement of shares, and the quantum could be in the range of USD 40-45 million, depending on the valuation, he said.
"We have enough capital to take care of growth needs for the current financial year. We may look at dilution of equity next financial year," he said, adding that the dilution would be in the single digit.
The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and retailers.
The fintech is currently present in 500 cities, Tier II, III and IV cities, with over 30,000 borrowers having an average ticket size of Rs 10 lakh.
The lending firm focuses on loans to retailers and wholesalers across 10 

The fintech firm plans to raise up to $45 million through a private placement of shares next financial year to support the expansion of its MSME lending operations

Press Trust of India

NPCI MD and CEO Dilip Asbe joins Swift's 15-member supervisory board, which will oversee the global financial messaging network's strategy and strengthen international cooperation

Dilip Asbe, managing director and chief executive officer (CEO), National Payments Corporation of India (NPCI)

Citi has helped Indian companies raise nearly $16 billion through debt and equity markets in 2026 and advised on M&A transactions worth over $36 billion amid strong deal activity

Citi Bank

Banks bid ₹79,655 crore in the RBI's 29-day VRRR auction against ₹2 trn offered, while the 10-year benchmark yield rose to 7.29% amid expectations of OMO sales

rbi, reserve bank of india

Several banks, including BoB, PNB and Indian Bank, raise repo-linked lending rates by 25 bps after the RBI's policy rate increase, making loans costlier for borrowers

banks, bank rate cuts, lending rates, deposits, savings, investment, schemes, shares, insurance

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