New Delhi, May 11 (KNN) Federation of Indian Micro and Small & Medium Enterprises (FISME) will organise a webinar on May 12 to help MSMEs better understand financial agreements and strengthen dispute resolution mechanisms amid growing complexities in banking-related transactions. The webinar, titled ‘Strengthening MSME Financial Agreements and Dispute ResolutionContinue Reading
New Delhi, Jun 4 (KNN) India’s decision to limit the pass-through of rising global oil prices to domestic consumers has effectively acted as an implicit subsidy to households and businesses, former International Monetary Fund (IMF) Deputy Managing Director Gita Gopinath said. Speaking to news agency ANI, Gopinath said the IndianContinue Reading
New Delhi, Jul 7 (KNN) Five Indian states have crossed the World Bank’s upper-middle-income threshold based on per capita income, even though India continues to be classified as a lower-middle-income economy, according to World Bank income classifications and state-level income data. Five States Cross Upper-Middle-Income Threshold The World Bank classifiesContinue Reading
New Delhi, Aug 5 (KNN) The Reserve Bank of India’s Monetary Policy Committee (MPC) has kept the policy repo rate unchanged at 5.25 percent and retained its neutral stance, with PHD Chamber of Commerce and Industry (PHDCCI) terming the decision supportive of economic growth. RBI Keeps Repo Rate Unchanged AtContinue Reading
New Delhi, Apr 8 (KNN) Women borrowers in India now hold a credit portfolio of Rs 76 lakh crore or nearly 26 per cent of the total system credit, a NITI Aayog report has said. The report highlighted that women’s credit exposure has expanded 4.8 times since 2017, reflecting aContinue Reading
New Delhi, May 11 (KNN) The Ministry of Labour & Employment has notified the Industrial Relations (Central) Rules, 2026, bringing them into force with immediate effect from May 8, 2026. It aims to operationalise key provisions of the Industrial Relations Code, 2020 and overhaul India’s industrial relations framework with aContinue Reading
Chennai, Jun 4 (KNN) Micro, small and medium enterprise (MSME) representatives in Coimbatore have urged the Tamil Nadu Commercial Taxes Department not to invoke Section 74 of the State Goods and Services Tax (SGST) Act for routine compliance lapses. They stated that the provision should be reserved for cases involvingContinue Reading
