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Featured News
Govt mandates TReDS for CPSE-MSME payments to tackle delayed dues
Central Public Sector Enterprises must now use TReDS for MSME supplier transactions. This move aims to resolve delayed payment issues for small businesses. The Ministry of Micro, Small and Medium Enterprises issued this notification on June 30, 2026. TReDS is an RBI-regulated platform for invoice financing by financiers. This ensures timely cash flow for MSME suppliers through approved invoices.
India's forex reserves rise $7.26 billion to $674.19 billion in week ended July 3
India's foreign exchange reserves saw a substantial rise of $7.26 billion. These reserves reached $674.19 billion in the week ending July 326, 2026. The Reserve Bank of India closely monitors foreign exchange market developments. The RBI intervenes when necessary to ensure orderly market conditions. The central bank refrains from targeting any specific exchange rate.
