Business leaders urge the creation of a new NBFC-PSL category in the Union Budget to boost MSME lending and growth.

UGRO Capital, an MSME lending NBFC, successfully raised Rs 1,265 crore in equity capital through CCDs and warrants, backed by Samena Capital.

Ugro Capital has acquired MyShubhLife, an embedded finance fintech platform, for Rs 45 crore. The acquisition is expected to enhance Ugro's MSME lending capabilities.

Ugro Capital, an MSME lender, raises Rs 250 crore in debt from ADB to fuel on-lending. The funding follows a similar debt raise from FMO in December 2023.

Union Minister Piyush Goyal warns against populist handouts, stating they harm the country in the long run. He highlights the government's focus on skilling youth and boosting the startup ecosystem.

IDFC First Bank reported an 11% decline in net profit to Rs 680 crore in Q1 FY24. Total income rose, while gross NPAs declined.

NITI Aayog outlines key structural challenges India needs to address, including manufacturing, logistics, and income disparity, to avoid the Middle-Income trap.

Coal India Limited (CIL) has reversed the declining trend in underground (UG) coal production for the first time in 14 years, thanks to modernization and technology.

India's income tax department reports over 5 crore ITRs filed for AY 2024-25, an 8% rise from last year. Infosys, the e-filing portal's tech partner, assures uninterrupted services.

Union Minister Piyush Goyal warns against populist handouts, stating they harm the country in the long run. He highlights the government's focus on skilling youth and boosting the startup ecosystem.

IDFC First Bank reported an 11% decline in net profit to Rs 680 crore in Q1 FY24. Total income rose, while gross NPAs declined.

NITI Aayog outlines key structural challenges India needs to address, including manufacturing, logistics, and income disparity, to avoid the Middle-Income trap.

NCCF will sell subsidised tomatoes at Rs 60/kg in Delhi-NCR from Monday to provide relief from soaring tomato prices. The move comes as prices have surged due to supply disruptions.

Coal India Limited (CIL) has reversed the declining trend in underground (UG) coal production for the first time in 14 years, thanks to modernization and technology.