The Ministry of Steel has announced that it will hold an open house meeting on February 2, 2026, to discuss issues related to the import of steel, including concerns linked to the Steel Import Monitoring System (SIMS), SARAL SIMS, and Quality Control Order (QCO) exemptions. The initiative is aimed at…
Tag: #IndiaBusiness
PSBs Sanction ₹52,300 Cr to 3.96 Lakh MSMEs via Digital Loans
In a major boost for India’s Micro, Small, and Medium Enterprises (MSMEs), Public Sector Banks (PSBs) have sanctioned over ₹52,300 crore to more than 3.96 lakh MSME applicants under a digital credit assessment model. Launched in 2025, this initiative leverages digital footprints to deliver faster, paperless, and more efficient financing…
Reliance Q3 FY26 Results: Marginal Profit, 11% Growth
Reliance Industries Limited (RIL), led by Chairman Mukesh Ambani, reported a marginal rise in consolidated net profit for the third quarter of FY26, even as revenues recorded double-digit growth. The diversified conglomerate posted a profit of ₹18,645 crore for the December quarter, marking a 0.56% increase year-on-year, while revenue from…
Uttar Pradesh Tops Deregulation 1.0 Rankings in Business Reforms
Uttar Pradesh has emerged as the top-performing state in India’s Deregulation 1.0 exercise, securing the first rank nationwide for comprehensive business reforms aimed at simplifying regulations, improving transparency, and attracting investments. The rankings, released by the central government, assess states on the implementation of 23 key reform priorities spanning land,…
DPIIT Unveils Digital Sponsorship Module for e-B4 Visa
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has launched an online digital module allowing Indian companies to generate sponsorship letters for foreign professionals under the e-Production Investment Business Visa (e-B4 Visa). The initiative, launched on 29th November 2025, is part…
