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“Banks should provide liquidity to engineering industries, specifically MSMEs, for purchase of new machines, equipment and technology updates so that smaller engineering firms can produce world-class products, both in volume and at affordable prices to compete internationally,” says Arun Shukla, MD of Vikramaditya engineering, a Baddi-based MSME engineering company. He advocates increased government incentives to acquire capital goods and machinery; these are now imported, putting a significant burden on engineering firms’ working capital. “The finance minister should allocate substantial funds for industrial infrastructure for MSME the way China has done, for example, for common effluent plants, testing laboratories, logistic hubs, uninterrupted electricity, etc. Unnecessary statutory and regulatory compliance burden hurting productivity needs to go away. Also, labour reforms should be imposed strictly so that exploitation can be reduced. Product-wise MSME clusters should be announced. Collateral-free funding should be available at a low interest rate for development, automation, research & development and expansion purposes,” Shukla adds.

This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Share Price Today Live Updates: The NIFTY Realty at (1.11%), NIFTY PSU Bank at (0.88%) & NIFTY Smallcap 250 at (0.61%) are currently the top performing sectors among the Sectoral Indices. While NIFTY IT at (-0.38%), NIFTY Healthcare at (-0.38%), NIFTY Pharma at (-0.24%) are currently the low performing sectors Nifty 50 Share Price Today Live Updates: The Nifty 50 opened at 24615.9 (0.12%) , 29.2 points higher than the previous closing.

This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Share Price Today Live Updates: The NIFTY Realty at (1.13%), NIFTY PSU Bank at (0.92%) & NIFTY Smallcap 250 at (0.6%) are currently the top performing sectors among the Sectoral Indices. While NIFTY IT at (-0.36%), NIFTY Healthcare at (-0.36%), NIFTY Pharma at (-0.26%) are currently the low performing sectors Bank Nifty Share Price Today Live Updates: The Bank Nifty opened at 52466.7 (0.02%) , 10.8 points higher than the previous closing.

OnePlus Nord 4 may come with a 6.74-inch Tianma U8+ OLED display with a resolution of 2772×1240 pixels, up to 120Hz refresh rate and a peak brightness of 2150 nits.The upcoming phone is likely to come powered by the Qualcomm Snapdragon 7+ Gen 3 chipset and feature LPDDR5X RAM and UFS 4.0 storage.Optics-wise, the Nord 4 could come with a 50MP Sony LYT 600 primary sensor with support for optical image stabilization (OIS) and an 8MP ultra-wide angle lens. On the front, there is likely to be a 16MP shooter for taking selfies and attending video calls.The Nord 4 may include an in-display fingerprint sensor, stereo speakers with support for Dolby Atmos, an alert slider, an 0809 AAC linear motor, 17,900 millimeters of cooling technology, and an IR blaster.The latest OnePlus device may pack a 5,500 mAh battery with support for 100W SUPERVOOC fast charging.

Budget 2024 Expectations Live Updates: As the Union Budget 2024 approaches, various sectors are abuzz with expectations for significant policy shifts and financial allocations. The real estate industry hopes for renewed tax reliefs and infrastructure investments, while the financial sector looks forward to grants for Bank Mitras.

SMArtX Advisory Solutions, a turnkey asset management platform provider with a focus on managed accounts, has introduced a new tool aimed at enhancing tax efficiency for financial advisors.

Kitces.com, the namesake website of financial planning industry thought leader Michael Kitces, has announced a new virtual event to help investment advisor representatives get to grips with updated ethical requirements.

Netflix released a behind-the-scenes video for 'Stranger Things' Season 5, showcasing new cast members and providing a glimpse of the production process.

The Bank of Canada will get one final read of inflation figures this week before it has to make its next interest rate decision, with some economists predicting a return to cooling will fuel hopes for another cut.

PrimeXBT , a leading global cryptocurrency broker, has announced a $7 million giveaway to its existing clients as a show of appreciation and to give them a way to explore its revamped platform without the need to deposit. According to the company, the promotion will last for four weeks starting in July.

OnePlus Nord 4 is expected to come with a 6.74-inch Tianma U8+ OLED display with a resolution of 2772×1240 pixels, up to 120Hz refresh rate and a peak brightness of 2150 nits. The upcoming phone is likely to come powered by the Qualcomm Snapdragon 7+ Gen 3 chipset and feature LPDDR5X RAM and UFS 4.0 storage.

Shares of Macrotech Developers Ltd.(up 4.87 per cent), Sunteck Realty Ltd.(up 4.15 per cent), Phoenix Mills Ltd.(up 2.2 per cent), DLF Ltd.(up 1.42 per cent) and Godrej Properties Ltd.(up 1.21 per cent) ended the day as top gainers in the pack.

The NSE Nifty index closed 84.55 points up at 24586.7, while BSE Sensex ended up 145.52 points at 80664.86.

Amazon Prime Day Sale 2024. We highly recommend you to go through the complete list of the smartphones, find the one that suits you the best and pre-order your favourite one for the best price and confirmation that it doesn’t get sold-out.

Benchmark NSE Nifty closed 84.55 points up at 24586.7 amid buying in frontline bluechip counters.

Shares of Bank of Baroda(up 3.18 per cent), Punjab National Bank(up 2.71 per cent), State Bank of India(up 2.52 per cent), Bandhan Bank Ltd.(up 1.42 per cent) and IndusInd Bank Ltd.(up 0.67 per cent) ended the day as top gainers in the pack.

Paradeep Phosphates Ltd.(up 2.40%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.94%), Southern Petrochemicals Industries Corporation Ltd.(up 1.74%), National Fertilizers Ltd.(up 1.36%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.07%), Chambal Fertilisers & Chemicals Ltd.(up 0.55%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.20%) and Rama Phosphates Ltd.(up 0.10%) stood among the top gainers.

India Power Corporation Ltd.(up 10.00%), NLC India Ltd.(up 6.69%), Karma Energy Ltd.(up 5.00%), KPI Green Energy Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), Indowind Energy Ltd.(up 4.99%), Reliance Power Ltd.(up 4.98%), Gujarat Industries Power Company Ltd.(up 4.15%), Energy Development Company Ltd.(up 2.94%) and Inox Wind Energy Ltd.(up 2.87%) stood among the top gainers.

Shares of MphasiS Ltd.(up 1.72 per cent) and HCL Technologies Ltd.(up 0.61 per cent) ended the day as top gainers in the pack.

Pooja Khedkar's alleged misrepresentation of the 'non-creamy layer' certificate has brought attention to the 'OBC creamy layer' criteria and its enforcement. Many genuine backward class aspirants are facing difficulties and are hopeful that the current BJP government will address the long-overdue revision of the 'creamy layer' limits for Mandal reservations. The revision has been pending for seven years, despite being due every three years to account for inflation.

HCL starts FY25 on a soft note; bumpy path ahead In the June quarter of FY25, a sharp year-on-year rise in employee costs and other expenses meant the Ebitda margin was flattish at 8.9%, erasing the gross margin gains. DMart said operating costs increased because of efforts to improve its service and build capabilities for the future. The company added six stores in the quarter, taking the total to 371.