Credit extended to small businesses has reached Rs. 46 lakh crore, reflecting a significant expansion in formal financing for micro, small, and medium enterprises (MSMEs). The milestone underscores the growing role of institutional lenders in supporting entrepreneurship, job creation, and economic resilience. Improved credit penetration has been driven by policy reforms, digital lending platforms, and targeted guarantee mechanisms that have reduced risk for lenders.

E2E Transportation has opened its initial public offering, marking a significant milestone in the company’s growth journey as it seeks to tap capital markets for expansion. The IPO aims to strengthen the firm’s balance sheet, fund capacity augmentation, and support long-term operational objectives. Positioned in a sector benefiting from rising logistics demand and infrastructure development, E2E Transportation’s public issue arrives amid steady investor interest in transportation and supply chain businesses.

IndiGo has been issued a Goods and Services Tax (GST) penalty amounting to Rs. 13 lakh, adding to regulatory scrutiny faced by India’s largest airline. The penalty relates to alleged discrepancies identified during tax assessments, though the financial impact on the carrier remains limited given its scale of operations. Even so, the development highlights the growing rigor of tax enforcement and the importance of robust compliance frameworks in highly regulated industries.

India’s foreign exchange reserves have risen to USD 693 billion, strengthening the country’s external position amid persistent global economic uncertainty. The increase reflects a combination of valuation gains, steady capital inflows, and effective reserve management by monetary authorities. Higher reserves enhance India’s ability to cushion against external shocks, stabilize the currency, and meet import obligations comfortably.

The National Cooperative Consumers’ Federation (NCCF) has initiated the sale of onions at a subsidized rate of Rs. 19 per kg in the Delhi-NCR region, aiming to ease the burden on households amid elevated retail prices. The move is part of a broader market intervention strategy designed to stabilize prices and ensure steady availability of essential food items. By releasing buffer stocks through targeted retail channels, NCCF seeks to curb speculative pricing and protect consumers from volatility.

Shares of Vedanta have climbed to a new 52-week high, extending a rally that has lifted the stock by around 35 percent so far this year. The surge reflects renewed investor confidence driven by firm commodity prices, improved operational performance, and a clearer strategic outlook. Market participants have also responded positively to disciplined capital allocation and steady cash flows, which have strengthened the company’s balance sheet.

Coforge has announced the acquisition of Encora in a $2.35 billion transaction, marking one of the most consequential consolidations in the mid-tier IT services space. The deal significantly expands Coforge’s digital engineering, cloud, and data capabilities while strengthening its presence in high-growth markets. By combining complementary client portfolios and delivery strengths, the acquisition positions Coforge for accelerated revenue growth and deeper engagement with large global enterprises.

Renault has announced a planned increase in vehicle prices effective January, citing persistent cost pressures across the automotive value chain. Rising input expenses, higher logistics costs, and ongoing investments in technology and regulatory compliance have collectively squeezed margins, prompting the automaker to recalibrate its pricing strategy. While the company has not disclosed the exact quantum of the hike, the adjustment is expected to vary by model and variant.

Mits Healthcare’s initial public offering marks a pivotal step in the company’s long-term growth strategy, with expansion and capacity enhancement at the core of its plans. The pharmaceutical manufacturer aims to leverage fresh capital to scale operations, strengthen its product portfolio, and widen its market reach in both domestic and export markets. The IPO comes at a time when demand for affordable and quality healthcare products is rising steadily.

Infrastructure major KNR Constructions has exited four road development projects, indicating a strategic shift amid evolving market conditions and project execution challenges. The move reflects a broader trend among construction companies to reassess asset-heavy and capital-intensive ventures in favor of improving balance-sheet strength and return metrics. While the exits may have near-term revenue implications, analysts view the decision as a prudent step toward risk management and capital discipline.