
Sitharaman said the Centre reduced central excise duty on petrol and diesel, resulting in a revenue impact of over ₹1 lakh crore, to reduce logistics costs and shield businesses from rising global crude prices

Mittal said the initiative combines SIDBI's MSME financing expertise and digital capabilities with the grassroots reach of RRBs to strengthen last-mile credit delivery in rural and semi-urban areas
New Delhi, India, May 05, 2026 (GLOBE NEWSWIRE) -- The Small Industries Development Bank of India (SIDBI), India’s principal financial institution engaged in promoting, financing & developing the micro, small and medium enterprises (MSMEs) sector and Shell Fo…