October 14, 2026
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Zoho Invests ₹70 Crore in ONDC to Boost MSME Digitisation

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Software-as-a-service giant Zoho has invested ₹70 crore in the government-backed Open Network for Digital Commerce (ONDC), reinforcing its commitment to building sovereign and inclusive digital technology in India. The Chennai-headquartered company said the investment aims to support MSMEs by improving accessibility to digital commerce and expanding market opportunities Continue Reading
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India’s Recycling Sector Urges PMO to Scrap Aluminium Scrap Import Duty

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A leading industry body representing small and mid-sized recycling firms has approached the Prime Minister’s Office (PMO), seeking the removal of the 2.5% import duty on aluminium scrap. In a letter dated March 26, the Material Recycling Association of India (MRAI) highlighted that the tariff is increasing input costs and putting pressure on working capital, […]Continue Reading
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₹2.5 Lakh Crore Credit Guarantee Scheme Planned to Support MSMEs Amid West Asia Crisis

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The government is considering a ₹2.5 lakh crore credit guarantee scheme aimed at supporting businesses, particularly MSMEs, affected by the ongoing West Asia crisis. Under the proposed plan, lenders would receive a 90% credit guarantee on loans of up to ₹100 crore in case of borrower defaults linked to disruptions caused by the US-Iran conflict. […]Continue Reading
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SBI, MUFG Forge Strategic Partnership to Finance Global Deals

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Japan’s Mitsubishi UFJ Financial Group (MUFG) and the State Bank of India (SBI) on Wednesday announced a strategic partnership aimed at structuring and financing projects for Indian and global clients, including mergers and acquisitions (M&A) and real estate financing. The collaboration comes after India’s central bank introduced new reforms allowing domestic lenders Continue Reading
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GST 2.0 Implemented: PM Hails Reform as Boost for Auto, MSMEs and NBFCs

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By V.P. Nandakumar, Chairman & MD, Manappuram Finance Ltd   Prime Minister Narendra Modi on September 21 announced the implementation of GST 2.0, calling it a “major step towards simplifying taxation and strengthening India’s economic growth engines.” The reform, which took effect from September 22, brings sweeping changes to the automobile sector, MSMEs, and Continue Reading
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Mann Ki Baat: The target of Rs 30 lakh crore in exports was met, and the PM credited farmers and MSMEs

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Prime Minister Narendra Modi said today in his 87th episode of Mann Ki Baat that India will meet its $400 billion export target, and that this will only be possible because of the hard work of farmers, artisans, weavers, engineers, small entrepreneurs, and the MSME sector. “India has met its $400 billion export target, or […]Continue Reading

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