New Delhi, Apr 21 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra has underlined the significant impact of the ongoing crisis in West Asia on India’s economy, citing the country’s deep trade and energy linkages with the region. “Coming to the present crisis, it particularly impacts us as WestContinue Reading
New Delhi, Apr 22 (KNN) Luminous Power Technologies has signed a memorandum of understanding (MoU) with Small Industries Development Bank of India (SIDBI) to enhance access to affordable solar financing for micro, small and medium enterprises (MSMEs) across the country. The collaboration aims to simplify financing for solar energyContinue Reading
New Delhi, Apr 22 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra said that the recent short-term fluctuations such as net FDI outflows and exchange rate movements are cyclical in nature and are being closely monitored. Speaking at a roundtable hosted by the Consulate General of India in NewContinue Reading
New Delhi, Apr 22 (KNN) India and South Korea have signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation in the micro, small and medium enterprises (MSME) sector, marking a key step in expanding economic ties between the two countries. The agreement was finalised on April 20, 2026,Continue Reading
New Delhi, Apr 22 (KNN) India’s fiscal deficit could exceed the budgeted target in FY2026–27 due to policy responses to the ongoing crisis in West Asia, according to research firm BMI. The government had projected a fiscal deficit of 4.3 per cent of GDP for FY2026–27, marginally lower than theContinue Reading
New Delhi, Apr 22 (KNN) A prolonged disruption in global energy supply triggered by West Asia conflict could widen India’s trade deficit and strain its fiscal position, according to Moody’s Ratings. The agency noted that Brent Crude prices have surged by around 31 per cent since the outbreak of conflictContinue Reading
New Delhi, Apr 23 (KNN) The government has announced a series of duty reductions and regulatory relaxations to support domestic industry and stabilise supply chains amid ongoing geopolitical disruptions in West Asia. Relief for leather and footwear sector In a key move, the Centre has reduced the Basic Customs DutyContinue Reading
