msmes

In a troubling development for Ranchi's economy, diesel costs have eclipsed Rs 100 per litre, while petrol isn't far behind. This spike has triggered fears of skyrocketing transportation costs and inflation in everyday essentials.

State to audit 1,000+ enterprises across 15 industrial clusters

The Centre has exempted customs duties on cotton imports for five months until October 30, aiming to boost availability and reduce costs for India's textile sector. This move is expected to enhance competitiveness, particularly benefiting msmes and enabling garment exporters to secure orders more effectively amidst global volatility.

Finance Minister Nirmala Sitharaman stated that reducing fuel excise duties would cost Rs 1 lakh crore, emphasizing India's need for confidence over fearmongering amidst rising petrol and diesel prices. She highlighted the resilience of India's domestic economy despite global pressures on fuel, fertilizer, and forex, urging focus on these "three Fs".

Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 in Parliament on February 1, 2026 with a focus on driving economic growth and making India a developed country by 2047, under the Viksit Bharat vision.

The Bihar AI Conference 2026 wrapped up impressively, attracting more than 10,000 participants from across the globe. Governor Syed Ata Hasnain emphasized the state's commitment to becoming a frontrunner in IT and AI, leveraging its robust infrastructure advancements.

AP Targets 1 crore entrepreneurs Under “One Family-One Entrepreneur” Initiative

IIM Sambalpur, in collaboration with IIM Ahmedabad, launched the AI4Odisha initiative to foster AI-led growth among msmes and local entrepreneurs. The program saw over 350 industry delegates participate in a workshop focused on practical AI applications for business expansion. Separately, students from Odisha Adarsha Vidyalaya Sangathan and DPS Kalinga achieved notable success in the CBSE Class XII Board Examinations.

Jharkhand Industrial Infrastructure Development Corporation Limited (JIIDCO) will conduct a comprehensive study of vocational institutions and msmes to align curriculum with industry needs and boost employability. This initiative aims to create a skilled workforce and support manufacturing units for competitive market growth.