Finance minister Nirmala Sitharaman announced today that MSME definition has been changed to allow units with investment up to Rs 1 crore to be called micro-units in place of Rs 25 lakh now.

Government changes definition of MSMEs; PM Modi says will 'empower entrepreneurs'

Heavy rainfalls, damage of perishable fruits and vegetables, rising crude oil prices, higher raw material cost, and risen wholesale prices - the inflation rate in India is likely to pass 4 per cent marked target of RBI for the month of November.

India's November inflation likely to exceed RBI's 4 per cent target

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Government changes definition of MSMEs; PM Modi says will 'empower entrepreneurs'

India's November inflation likely to exceed RBI's 4 per cent target