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Space startup investments surge in Q3 amid government contracts boom
Despite the typically sluggish nature of the July-September period, funding for 103 companies surged by 17% to reach $3 billion, according to the findings by venture capital firm Space Capital.Read more
Experts converge at Indian Industry Bodies Meeting on Quality Infrastructure by NABCB
Meeting held on October 13, 2023, highlighted crucial aspects of challenges and future needs for Quality Infrastructure among various industries including Electronics, IT, Telecom, and Engineering & Capital Goods Sectors.Read more
Kerala govt unveils incentives for MSMEs under Mission 1,000 initiative
As part of this initiative, the government has given the green light to the industries department's proposal, which includes a range of incentives to bolster the growth of 1,000 MSME units in the state.Read more
Indian industries hit hard: Unplanned downtime costs mn, urgent shift needed
A recent global survey titled Read more
More than half of India?s vehicles will be electric by FY33, Axis Capital Research
A progressive recasting of PLI for battery manufacturing is critical to spur EV battery making in India, concludes Nishit Jalan, Lead Analyst ? Automobiles at Axis Capital Research after a several-months-long study of the evolving global EV battery ecosysRead more
TReDS platforms thrive: Boosting MSMEs with rapid growth, innovation
The Trade Receivables Discounting System (TReDS) introduced by the RBI to alleviate liquidity challenges faced by MSMEs, operates as an electronic platform facilitating the financing and discounting of trade receivables for these businesses.Read more
G20 commits to boost MSME Sector: Eased regulations, access to capital
The New Delhi Declaration, adopted recently, recognises startups and Micro, Small, and Medium Enterprises (MSMEs) as natural drivers of growth, essential for driving innovation and employment.Read more
Tamil Nadu unveils ambitious Startup Policy 2023
Chief Minister M K Stalin officially launched the policy, which boasts 50 key action points, at the Secretariat. The primary objective is to align with the state government's ambitious goal of achieving a $1 trillion economy by 2030.Read more
Central govt commits to sustaining capital spending despite fiscal deficit concerns
The official emphasised that the Central government's objective is to encourage departments to accelerate capital expenditure (capex) in the current fiscal year to support economic growth.Read more
ONDC partners with Proxtera for global B2B trade expansion
SignCatch and Rapidor will be among the initial participants to join ONDC's international B2B seller network, with Bech.app and placeorder.com taking on these roles, respectively.Read more