Blog

International MSME Day campaign celebrates the businesses and workers whose contributions often go unnoticed, but whose impact is felt every day

New Delhi, July 08: To mark International MSME Day, IndusInd General Insurance Company Ltd (formerly as Reliance General Insurance Company Ltd) has launched a new digital film celebrating the resilience, determination and entrepreneurial spirit of India’s Micro, Small and Medium Enterprises (MSMEs). Through the campaign, the company seeks to recognise the millions of businesses that continue to create livelihoods, fuel aspirations and contribute to India’s progress despite navigating an increasingly dynamic business environment.

At the heart of the campaign is a simple yet powerful belief, that behind every successful enterprise is a story of perseverance. Whether it is a small manufacturing unit, a family-run business, a logistics operator, a handicraft entrepreneur or a local service provider, MSMEs represent the ambition and optimism that continue to shape India’s growth journey.

The film follows the rhythm of India’s MSME ecosystem, from workshops and manufacturing units to logistics operators, dairy businesses, handicraft entrepreneurs and service providers. Through evocative visuals and storytelling, it captures the ambition, hard work and optimism that drive millions of enterprises across the country, while bringing to life their role in powering everyday experiences and supporting livelihoods.

Beyond their economic contribution, the campaign highlights the resilience that defines the sector. Through economic downturns, market shifts, geopolitical uncertainties and a global pandemic, India’s MSMEs have continued to adapt, innovate and move forward with remarkable determination. It is this spirit of perseverance and progress that the campaign seeks to acknowledge and celebrate.

Built around IndusInd General Insurance’s ‘Forward Together’ philosophy, the campaign reflects the company’s belief that progress is driven by resilience. By recognising the journeys of MSMEs, the film reinforces the importance of enabling businesses to navigate uncertainty, safeguard continuity and pursue growth with confidence.

Through this campaign, IndusInd General Insurance reaffirms its commitment to standing alongside India’s MSMEs, championing their journeys and supporting their path towards a stronger, more resilient future.

New Delhi, July 8: The Government has launched the Handloom Hackathon 2026 to encourage new ideas, innovation and technology-based solutions for the growth of the handloom sector.

The initiative will provide a platform for weavers, designers, entrepreneurs and innovators to develop solutions that can improve the quality, productivity and market reach of handloom products.

The programme will focus on promoting modern designs, digital solutions, sustainable practices and better production techniques while supporting traditional weaving communities across the country.

The hackathon aims to connect artisans with young innovators and industry experts to create practical solutions that can strengthen the handloom sector and preserve India’s rich textile heritage.

The government expects the initiative to generate new opportunities for weavers and help the sector adapt to changing market needs.

July 08: Epsilon Carbon, one of India’s leading carbon black manufacturers, has become the first company in country’s carbon black industry to receive BIS (Bureau of Indian Standards) certification, in accordance with the applicable Indian Standards. 

The certification follows a comprehensive assessment of Epsilon Carbon‘s manufacturing processes, quality management systems, testing capabilities, and product compliance. It reflects years of sustained investment in quality systems, process standardization, and workforce capability, and it positions Epsilon Carbon to meet the growing demand for certified, high-quality carbon black from tyre manufacturers, rubber goods producers, and other downstream industries. 

Mr. Gaurav Mathur, Chief Executive Officer, Epsilon Carbon, said: “This certification is an important milestone in our manufacturing journey. I congratulate our teams for the dedication that made this possible. It gives our customers greater confidence in our products, and it pushes us to keep raising the bar for what Indian manufacturing can deliver.” 

For customers, the certification translates into stronger assurance of consistency and compliance, at a time when both domestic and export buyers are placing greater weight on certified supply chains. It also strengthens Epsilon Carbon‘s position as India moves toward a more standardized, quality-driven manufacturing ecosystem, and it supports the company’s broader ambition of being recognized globally as a trusted supplier of high-performance carbon materials.

New Delhi, July 8: Trade between India and ASEAN countries has reached USD 128 billion during 2025–26, reflecting stronger economic cooperation and growing business ties between the two regions.

The rise in bilateral trade highlights the importance of ASEAN as one of India’s key trading partners. Both sides have continued to expand cooperation in areas such as manufacturing, agriculture, technology, services, pharmaceuticals and supply chain development.

The growing trade relationship is supported by efforts to improve connectivity, promote investment and create more opportunities for businesses. India and ASEAN are also working towards strengthening trade cooperation and ensuring a more balanced and mutually beneficial economic partnership.

The increase in trade reflects the continued progress of India’s engagement with Southeast Asian nations under the Act East Policy, which focuses on enhancing economic, strategic and cultural relations with the ASEAN region.

The strong trade growth is expected to create new opportunities for exporters, industries and investors while contributing to regional economic development.

Guwahati, July 8: Assam is moving towards a more diversified economic growth model by expanding beyond its traditional tea industry and promoting technology, innovation and new-age sectors, Chief Minister Himanta Biswa Sarma said.

The state government is working to create a balanced development framework that combines Assam’s established industries with emerging opportunities in technology, infrastructure, investment and entrepreneurship.

The push aims to attract new businesses, generate employment opportunities and strengthen the state’s economic foundation. Alongside preserving the legacy of the tea sector, Assam is focusing on building a future-ready ecosystem driven by innovation and skill development.

The government said the broader growth strategy will help position Assam as an emerging hub for technology and investment while ensuring inclusive development across sectors.

New Delhi, July 8: Gold and silver prices declined as investors reacted to renewed geopolitical tensions following fresh US strikes on Iran, leading to cautious sentiment across global markets.

The movement in precious metal prices came as traders assessed the impact of the developments on global risk appetite, currency movements and commodity markets. While gold and silver are traditionally viewed as safe-haven assets during periods of uncertainty, changing market expectations and profit-taking influenced prices during the session.

Analysts said investors are closely monitoring further developments in the Middle East, along with global economic indicators and interest rate expectations, which could shape the near-term direction of precious metals.

Market participants are expected to remain watchful as geopolitical risks, inflation concerns and broader financial market trends continue to influence gold and silver prices.