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
RBI Proposes Stricter Norms For Digital Wallets…Continue Reading
New Delhi, Apr 24 (KNN) The Federation of Indian Micro and Small & Medium Enterprises (FISME) has been nominated to a high-powered standing committee constituted by NITI Aayog to strengthen the link between education, employment and entrepreneurship. The ‘Education-to-Employment and Enterprise (EEE) Standing Committee’ will focus on unlocking the potentialContinue Reading
New Delhi, Apr 24 (KNN) India’s rupee is “fundamentally undervalued,” Chief Economic Adviser (CEA) V Anantha Nageswaran said, noting that current levels offer an attractive entry point for long-term investors. “For long-term investors, the rupee’s current valuation provides an attractive entry point,” Nageswaran said, Bloomberg reported citing an interview Thursday.Continue Reading
New Delhi, Apr 24 (KNN) The Korea SMEs and Startups Agency (KOSME), through its Global Business Center (GBC) in New Delhi, has signed a Memorandum of Understanding (MoU) with the Maharashtra Industrial Development Corporation (MIDC) to support the entry and expansion of Korean small and medium enterprises (SMEs) in India.Continue Reading
New Delhi, Apr 25 (KNN) The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank Limited with effect from April 24, 2026, under Section 22(4) of the Banking Regulation Act, 1949 (‘BR Act’), citing serious regulatory and governance concerns. The action bars the bank fromContinue Reading
