MSME Exports Get Policy Boost
Your daily dose of business news
🗞️ Oil prices fall after US capture of Venezuela’s Maduro
Global oil prices declined after reports of the US capturing Venezuelan leader Nicolas Maduro, easing supply risk premiums linked to Latin American crude.
💬 Expert Take — “Geopolitical risk premiums unwind quickly when supply disruptions look less likely, keeping crude volatile.”
🗞️ SBI to promote India Israel trade in rupee
State Bank of India will promote bilateral trade between India and Israel in Indian rupees, reducing dependence on foreign currencies and transaction costs.
🗞️ India becomes world’s largest rice producer
India has overtaken China to become the largest rice producer globally, according to the Union Agriculture Minister, reflecting higher output and improved farm productivity.
🗞️ GST cuts to boost credit growth
GST rate cuts are expected to lift system credit growth to 12 percent in FY26 and 13 percent in FY27, supported by stronger consumption and MSME demand.
🗞️ PRAGATI 5.0 institutionalises tech enabled governance
PRAGATI 5.0 aims to institutionalise proactive and technology-driven governance, enhancing project monitoring and inter-ministerial coordination.
🗞️ Two key interventions launched to boost MSME exports
The Export Promotion Mission has rolled out two major interventions to strengthen MSME exports, focusing on market access and trade facilitation.
🗞️ Avanse Financial Services raises ₹1,200 crore
Avanse Financial Services raised ₹1,200 crore via a rights issue, strengthening its capital base to support loan growth.
🗞️ Gabion Technologies IPO to list on January 6
Gabion Technologies is set to debut on Dalal Street on January 6, with grey market premiums indicating strong listing interest.
📊 Market Update (Today)
📉 Sensex: 85,439.62 ▼ 322.39 (–0.38%)
📉 Nifty 50: 26,250.30 ▼ 78.25 (–0.30%)
🪙 Gold (per gram): 24K ₹13,822 ▲ ₹240
🥈 Silver (per kg): ₹2,48,000 ▲ ₹7,000