New Delhi, Jun 17 (KNN) Distressed companies undergoing insolvency proceedings could receive higher valuations under a new mechanism proposed by the Insolvency and Bankruptcy Board of India (IBBI), which seeks to broaden the basis for assessing enterprise value. IBBI Proposes Holistic Approach To Corporate Valuation Under a circular issued byContinue Reading
New Delhi, Apr 14 (KNN) Rising input costs triggered by the ongoing West Asia conflict are placing significant pressure on India’s manufacturing sector, particularly micro, small and medium enterprises (MSMEs), with industry bodies warning of shrinking margins and potential shutdowns. Industrial Clusters Witness Sharp Price Rise Industrial clusters such asContinue Reading
New Delhi, Apr 27 (KNN) K V Raju, Economic Adviser to Uttar Pradesh Chief Minister Yogi Adityanath, has been appointed a full-time member of NITI Aayog. The appointment of Prof Raju in the re-constituted Niti Aayog was approved by Prime Minister Narendra Modi alongside Rajiv Gauba, Gobardhan Das, AbhayContinue Reading
New Delhi, May 12 (KNN) India’s economic growth is expected to slow to 6.7 percent in FY27, down from an estimated 7.7 percent in FY26, as weakening domestic momentum and rising crude oil prices linked to the Iran conflict weigh on the economy, according to BMI. Higher Oil Prices ThreatenContinue Reading
New Delhi, May 23 (KNN) India’s foreign exchange reserves declined by USD 8.09 billion to USD 688.89 billion in the week ended May 15, according to data released by the Reserve Bank of India. The fall was mainly driven by a decline in foreign currency assets (FCAs), the largest componentContinue Reading
New Delhi, Jun 3 (KNN) India’s services sector recorded its strongest growth in six months during May, supported by robust domestic demand, improving export orders and rising business activity across segments such as freight, digital services, e-commerce, entertainment and information technology, according to the latest HSBC India Services PMI surveyContinue Reading
New Delhi, Jun 17 (KNN) Industry body ASSOCHAM has submitted a detailed representation to the government and the Reserve Bank of India (RBI), recommending measures to strengthen the rupee and expand its use in international trade settlement. ASSOCHAM Calls For Stronger Push Towards Rupee Internationalisation The proposals aimContinue Reading
