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    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
    Rupee gains 9 paise against US dollar
    India, US working towards interim trade agreement: MEA
    Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance
    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
    Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FM
    SVC Co-operative Bank Concludes 120th Annual General Meeting, Reaffirms Growth, Governance and Digital Focus
    Rupee falls 3 paise to close at 95.40 against US dollar
    Government Boosts MSME Financing Through SIDBI and ECLGS 5.0
    India's Market Opportunity is Growing, and the Trade is Taking Notice
    50,000 Students to Participate in Season 2 of the Franklin Templeton National Mutual Fund Olympiad 2026
    Currently nine trade disputes pending against India under WTO rules: Govt
    MNLU Mumbai Launches MBA in Entrepreneurship & Digital Business Law
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    August 5, 2026
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    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
    MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
    August 5, 2026
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    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
    August 5, 2026
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    Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
    Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.
    August 5, 2026
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    Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
    Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
    August 5, 2026
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    Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
    Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction.
    August 4, 2026
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    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
    Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
    August 4, 2026
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    Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
    A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
    August 4, 2026
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    Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
    Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
    August 4, 2026
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    Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
    Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
    August 4, 2026
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    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
    Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
    August 4, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
    The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
    August 4, 2026
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    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
    The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
    August 4, 2026
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    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
    Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
    August 4, 2026
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    Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
    The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
    August 4, 2026
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    MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
    MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.
    August 4, 2026
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    Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
    imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.
    August 4, 2026
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    Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
    Financial literacy and investment awareness are promoted through a nationwide, multi-level educational competition for undergraduate and postgraduate students. Participants are assessed on mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation, with exposure to market-linked products including ETFs, portfolio management services, alternative investment funds and specialised investment funds. The initiative combines academic institutions and financial-sector participants to improve practical investment knowledge, informed decision-making and responsible participation in investment markets.
    August 4, 2026
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    WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
    Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
    August 4, 2026
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    Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
    The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.

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      Hiring surges 23% in 2025 as India prepares for a 1.28-crore job expansion in 2026: foundit insights tracker

      December 18, 2025

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      Bengaluru, 18 December 2025: India’s job market closed 2025 on a strong note, recording a +23% year-on-year increase in hiring activity, according to the foundit insights tracker (fit) by leading jobs and talent platform, foundit. This surge reflects robust employer confidence, steady recruitment across major industries, and the rising prominence of Tier-2 and Tier-3 cities as strategic talent hubs. However, growth in the second half of the year moderated to +4% over six months, indicating a shift toward more calibrated, productivity-led hiring. “2025 shaped up as a year of strong expansion but disciplined hiring. We witnessed the decentralisation of talent, with Tier-2 hubs becoming operational anchors for tech, BFSI, logistics and retail,” said Anupama Bhimrajka, VP, Marketing, foundit. “As we head into 2026, demand for AI-ready skills, strategic leadership, and mid-career digital talent will keep momentum high despite measured intake in some sectors.” HIRING TRENDS FOR 2025 NPOs, Consumer Electronics, and Healthcare & Pharmaceuticals Emerge as the Fastest-Growing Industries (YoY) With 24 out of 27 industries reporting a surge in recruitment activity over the past year, the data points to a broad-based revival in hiring sentiment. • Non-Profit Organisations (NPOs) emerged as the fastest-growing sector, with hiring up 55% YoY, reflecting rising demand for impact-led roles • Consumer Electronics (+53%) and Healthcare & Pharmaceuticals (+45%) saw strong momentum, driven by manufacturing expansion and healthcare demand • Core sectors such as Manufacturing (+39%), Logistics & Transportation (+37%), and Construction & Engineering (+34%) recorded steady growth, signalling infrastructure and supply-chain strength • Services-led sectors including Media & Entertainment (+36%), Retail (+34%), and BFSI (+27%) continued to expand alongside consumer demand and digital adoption Beyond the headline growth sectors, this momentum underscores how India’s job market is being powered by a mix of impact-led roles, manufacturing expansion and digital-first business models reflecting a labour market that is not just recovering but evolving at speed. Senior Management and IT Lead India’s Functional Hiring Growth With 11 of 13 functions reporting sustained annual growth, 2025 marks a clear revival in demand for specialised and leadership talent. Senior Management and IT roles are seeing the strongest momentum, driven by digital transformation, strategic expansion and the rise of AI-enabled business models. • Senior Management roles saw the strongest growth at +39% YoY, highlighting demand for strategic and transformation leadership • IT hiring rose 30% YoY, supported by digital modernisation and AI-led initiatives • Corporate support functions recorded healthy growth, led by HR & Admin (+33%) and Finance & Accounting (+25%) • Sales & Business Development (+23%) remained resilient as companies focused on revenue and market expansion • Creative and specialist roles, including Marketing & Communications (+14%) and Legal (+12%), saw steady but selective hiring The surge in mid-to-senior level hiring across HR, Finance and Sales indicates that companies are prioritising experienced professionals who can steer execution, strengthen governance and accelerate technology adoption in a rapidly evolving market. Tier-2 Cities Lead India’s Next Wave of Job Market Growth India’s job market in 2025 shows strong geographic momentum, with Tier-2 cities like Coimbatore and Ahmedabad emerging as high-growth talent hubs. • Tier-2 cities emerged as high-growth talent hubs, led by Coimbatore (+24%) and Ahmedabad (+19%), reflecting decentralised hiring strategies • Bengaluru (+23%) and Hyderabad (+21%) continued to anchor national hiring, driven by tech, manufacturing, and BFSI demand • Mumbai (+22%) and Pune (+19%) reinforced their strength in finance, consumer-facing, and enterprise roles Overall, 2025 saw hiring momentum spread beyond traditional metros, signalling a more distributed and cost-optimised talent model. The varied growth patterns across cities reflect a more distributed hiring landscape, with companies widening their talent search beyond traditional metros to support scale and regional market penetration. Experience Levels: Mid-Senior Talent Gains Ground • Mid-to-senior professionals (7–10 years) saw the strongest growth at +29% YoY, underscoring demand for execution-ready talent • Early-career hiring (0–3 years) grew 19% YoY, reflecting continued entry-level intake • Hiring for 4–6 years experience roles rose 15% YoY, indicating steady mid-level demand • 15+ years roles saw marginal contraction (-1%), pointing to more selective, lean leadership structures OUTLOOK FOR 2026 • India’s hiring outlook for 2026 signals steady growth, with overall recruitment expected to rise by 2.3 percentage points, translating to an estimated 1.28 crore jobs, and hiring concentrated in the first half of the year. • Demand will be strongest for mid-to-senior talent in digital, AI, cloud, data and cybersecurity, driven by continued enterprise transformation. • Tech, BFSI, manufacturing, infrastructure and renewable energy are set to lead hiring, with emerging sectors like fintech, health tech and electric mobility creating niche opportunities. • Hiring is expected to expand beyond metros as companies develop talent hubs in Tier 2 cities to optimise costs and access wider talent pools. • Overall, 2026 is shaping up to be a skills-led year of hiring, as growth expands beyond metros and strengthens India’s position as a resilient and future-ready talent market. Trends in Focus for 2026 1. Tech and Semiconductor Push Demand will remain strongest in AI, cloud, data engineering, cybersecurity, and embedded systems, supported by continued GCC expansion and early-stage semiconductor design activity in Bengaluru, Hyderabad, and select Tier-2 hubs. 2. Leadership and Mid-Career Demand Hiring is expected to continue favouring mid-to-senior professionals who can lead digital programmes, manage transformation roadmaps, and drive cost-efficient scaling as companies shift from pilot projects to enterprise-wide execution. 3. Tier-2 Talent Diversification Firms will increasingly be expanding support, operations, and select tech functions into Tier-2 cities to optimise cost structures and tap into growing engineering and digital talent pools outside metros. 4. Startups Regain Momentum Renewed funding across SaaS, fintech, health tech, and AI-first ventures is set to drive selective hiring in product, engineering, growth, and revenue roles, even as startups remain disciplined on non-core functions. Top Hiring Industries in 2026 India’s hiring outlook for 2026 is led by Consumer Electronics and Media, with a 5-percentage-point (pp) increase, followed by Healthcare, Life Sciences and Pharma at +4 pp. IT and Construction sectors are close behind at +3 pp. The core sectors and services are expected to see steady expansion, while trade-linked industries are likely to experience comparatively slower growth. Top Hiring Locations in 2026 In 2026, Bengaluru and Hyderabad are set to lead hiring with 3 percentage points growth, driven by tech, GCCs, AI, cloud, and semiconductor operations. Mumbai, Chennai, Pune, Kochi, and Tier-2 cities such as Coimbatore, Jaipur, and Baroda are expected to record a steady 2 percentage points growth, while Delhi-NCR remains flat. Overall, the trend reflects India’s shift toward a distributed, multi-city talent model. About foundit: foundit, formerly Monster (APAC & ME) is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to a powerful AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation, interview preparation, and professional networking. Since its inception, the company has assisted over 120 million job seekers across 18 countries in upskilling and connecting them with the right job opportunities. Over the last two decades, the company has been a leader in the world of recruitment solutions and has recently launched a cutting-edge solution to give recruiters access to passive candidates in addition to active ones. With the use of advanced technology, foundit is seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches and offer precision hiring. Additionally, foundit has been recognised as a Great Place To Work, reflecting its dedication to fostering a supportive and dynamic work culture. To learn more about foundit in APAC & Gulf, visit: www.foundit.in | www.founditgulf.com | www.foundit.sg | www.foundit.my | www.foundit.com.ph | www.foundit.com.hk| www.foundit.id (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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