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The Lok Sabha on Friday passed without a debate a bill that seeks to empower and tackle the issue of delayed payments faced by micro, small and medium enterprises (MSMEs), amid protests by opposition members. The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 has now been cleared by Parliament. It was passed in the Rajya Sabha on August 3. The Bill seeks to address the current challenges faced by the MSME sector by improving the administrative structure and facilitating payment mechanisms. Provisions to deal with delayed payments to MSMEs by prescribing timelines to ensure faster adjudication of disputes, providing recovery of the settlement agreement, and addressing their liquidity issues are part of the Bill. It also seeks to empower courts to order payment of at least 50 per cent of the awarded amount to MSME suppliers if the application to set aside an order is pending for more than six months. MSMEs contribute 31 per cent to India's GDP, 36 per cent to

India Macro Indicators

TREND | 06 Aug 2026, 10:00PM

Operation Safed Sagar contributed over $24 mn to Indian economy: Netflix

Business Standard

Netflix said Operation Safed Sagar, its biggest India production to date, generated over $24 million for the Indian economy through local hiring, businesses and VFX partnerships

India Macro Indicators

TREND | 06 Aug 2026

Best of BS Opinion: Inflation projections demand monetary tightening

Business Standard

Today's opinions examine the RBI's inflation dilemma, rising life insurance surrenders, India's employment crisis, possible UPI charges and the shift from food to nutrition security

Policy prospects: Inflation projections demand monetary tightening

Business Standard | 05 Aug 2026 3 more

India Macro Indicators

TREND | 04 Aug 2026

AU Small Finance Bank Savings Accounts: Competitive Interest Rates, Zero-Balance Digital Account Opening and 24x7 Mobile Banking

Business Line

Mumbai, Maharashtra, India --- Business Wire India

India Macro Indicators

TREND | 03 Aug 2026

Editorial. Growth engine

Business Line

IIP signals resilience to external challenges

India Macro Indicators

TREND | 03 Aug 2026

Rise in wholesale inflation driven by global commodity, energy costs: Govt

Business Standard

The increase in wholesale price inflation in June to 9.87 per cent was largely driven by price pressures in items that are more sensitive to global commodity and energy costs, Parliament was informed on Monday. Minister of State for Finance Pankaj Chaudhary said in the Lok Sabha that the government has been actively undertaking a series of measures to control inflation and mitigate its impact on consumers. These measures include augmenting buffer stocks for essential food items, strategically selling procured grains in the open market, and calibrating trade policies. As a result of the government's measures, the retail or Consumer Price Index (CPI)-based inflation rate has been below the 4 per cent target over the last two quarters -- 3.1 per cent (January-March of FY26) and 3.9 per cent (April-June FY'27). On a year-on-year basis, wholesale price index (WPI) based inflation increased from 9.68 per cent in May to 9.87 per cent in June. "The rise in WPI inflation is largely driven

India Macro Indicators

TREND | 01 Aug 2026

Sundaram Home Finance hikes interest rates for fixed deposits

Business Line

Interest rate hiked 0.25% to 7.25% for 3 year deposits and to 7.40% for 4 and 5 year deposits for regular category