Latest Machinery News & Updates

Gwalior, March 24 (IANS) With the harvesting of Rabi crops such as wheat, gram, mustard, and lentils already underway in Madhya Pradesh, Chief Minister Mohan Yadav has appealed to farmers not to burn crop residue after harvesting, as this reduces soil fertility. Yadav said the state government has started providing Happy Seeder machines to beneficiaries for straw production. He added that farmers can sell the fodder to nearby gaushalas, enabling them to earn additional income along with their wh…

New Delhi, March 21 (IANS) The Centre, on Saturday, introduced major modifications to the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), aimed at improving credit access and supporting growth in the micro, small and medium enterprises sector, the Ministry of Finance said.Launched in January 2025, the scheme provides 60 per cent guarantee coverage by the National Credit Guarantee Trustee Company Limited (NCGTC) to member lending institutions for loans of up to Rs 100 crore extended to elig…

Seoul, March 10 (IANS) The South Korean economy expanded 1 per cent in 2025 amid strong exports but posted negative growth in the fourth quarter, central bank data showed on Tuesday.The country’s real gross domestic product (GDP) — a key measure of economic growth — contracted 0.2 per cent from the previous quarter in the October-December period, compared with its earlier estimate of a 0.3 per cent contraction, according to the preliminary data from the Bank of Korea (BOK).It marked the countr…

New Delhi, Feb 28 (IANS) Nearly 360 companies have migrated from the SME platforms of the NSE and BSE to the mainboard exchanges, reflecting the growing maturity of India’s small and medium enterprises, a new report said on Saturday.The data compiled by B2K analytics said that 199 companies from the BSE SME platform and 158 companies from the NSE Emerge platform are now listed on the mainboards.Migration refers to the process through which a company shifts its securities from the SME exchange …

New Delhi, Feb 20 (IANS) Commerce and Industry Minister Piyush Goyal said on Friday that the interim trade deal between India and the United States is likely to become operational in April this year.Meanwhile, a three-day meeting between Indian and US officials to finalise the legal text for the interim trade agreement will begin in the US on February 23.The minister also said that India’s free trade agreements (FTAs) with the UK and Oman are likely to be implemented in April, while in the case …

New Delhi, Feb 9 (IANS) The India-US Bilateral Trade Agreement (BTA) marks a major milestone in India’s global trade engagement, securing sustained preferential access for exports in the US market valued at over $30 trillion, according to an official statement issued on Monday.The agreement delivers comprehensive tariff rationalisation, zero-duty access across large product categories, enhanced digital and technology cooperation, and a carefully calibrated framework to safeguard India’s farm…

Indore, Feb 6 (IANS) Madhya Pradesh Chief Minister Mohan Yadav on Friday said the state government is mulling providing incentives on the production of ‘urad’ (black gram) and ‘masoor’ (lentil) pulses to encourage farmers.The Chief Minister made this announcement, addressing a three-day national and international exhibition of state-of-the-art machinery related to pulses, grains, and other food processing industries in Indore on Friday.The Chief Minister said that the government has prepared a d…

Ahmedabad, Jan 27 (IANS) The signing of the Free Trade Agreement (FTA) between India and the European Union has triggered a wave of optimism among textile traders in Surat, one of India’s largest textile hubs. The agreement, finalised on Tuesday, is expected to significantly boost exports by providing Indian textile products with improved access to markets across 27 European countries. Industry representatives said the FTA would allow Surat-based traders to sell their products in Europe at mor…

Jaipur, Jan 12 (IANS) Under Chief Minister Bhajan Lal Sharma’s zero-tolerance policy against illegal mining, Rajasthan has intensified enforcement through a coordinated crackdown that has yielded significant results.In just two weeks, 1,132 actions were taken across the state, leading to the recovery of over Rs 7.13 crore in penalties credited to the state treasury.Principal Secretary, Mines and Petroleum, T Ravikant, reviewed the ongoing campaign on Monday in a hybrid meeting at the Secretariat…