The Ministry of Micro, Small and Medium Enterprises has decided to include Retail and Wholesale trade as MSMEs but only for the limited purpose of Priority Sector Lending.
Financial services and digital payments platform Paytm has launched a new product called Postpaid Mini that will enable users to get small loans ranging from Rs. 250 to Rs. 1,000.
The International Advanced Research Centre for Powder Metallurgy and New Materials established a new solar thermal components testing facility at Hyderabad to give further fillip to India's growing solar sector.