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…
Tag: #StartupFunding
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RDI Fund for Industry Projects to Launch by January-End
The Research, Development, and Innovation (RDI) Fund, a ₹1 lakh crore initiative aimed at catalyzing private sector-led research, is set to start funding industry-backed projects by the end of January 2026. Union Minister of State for Science and Technology, Dr. Jitendra Singh, announced this following a review meeting of the…
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Arjun, Bhishma, Zorawar: Tanks of New India
New Delhi: India’s rapid modernisation of its armoured forces over the past decade has significantly altered the military balance in South Asia. With the induction of advanced main battle tanks, light tanks and infantry-level anti-armour systems, the Indian Army now fields a versatile and lethal armoured fleet capable of operating…
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Reusable Rocket Startup EtherealX Gains Momentum
EtherealX, a fast-rising Indian space technology startup positioning itself as a domestic rival to SpaceX, has recorded a sharp jump in valuation as it accelerates work on its fully reusable rocket. The Bengaluru-based company has reached a valuation of $80.5 million following a fresh funding round, marking a more than…