New Delhi, Mar 19 (KNN) The government is considering a proposal to exempt companies with annual turnover of up to Rs 1 crore from mandatory statutory audits under the Companies Act, as part of efforts to reduce compliance burden on micro businesses. Currently, all companies, irrespective of size, areContinue Reading
New Delhi, Mar 28 (KNN) India’s benchmark 10-year government bond yield rose sharply by 6 basis points to 6.93 percent on Friday, up from 6.87 percent in the previous session, reflecting rising concerns over inflation and potential monetary policy tightening by the Reserve Bank of India. The increase comes amidContinue Reading
New Delhi, Apr 6 (KNN) The Reserve Bank of India (RBI) is expected to keep key policy rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting scheduled for April 6–8, according to a report by SBI Research. The report cited heightened global uncertainty due to the ongoing West AsiaContinue Reading
New Delhi, Mar 7 (KNN) The Government e-Marketplace (GeM) celebrated seven years of its SWAYATT initiative, recording strong growth in participation and transaction value. Orders from women entrepreneurs increased from about Rs 1,265.62 crore in FY19 to Rs 83,323 crore by FY26, while startup order values rose from Rs 497.24Continue Reading
New Delhi, Mar 19 (KNN) India is pursuing a development strategy that integrates economic growth with environmental sustainability, according to two new bulletins released by the Ministry of Statistics and Programme Implementation on the Prosperity and Planet pillars of the United Nations Sustainable Development Goals. The reports, part ofContinue Reading
New Delhi, Mar 28 (KNN) India’s foreign exchange reserves declined sharply by USD 11.41 billion to USD 698.34 billion in the week ended March 20, according to data released by the Reserve Bank of India. The latest drop follows a decline of USD 7.05 billion in the previous week, whenContinue Reading
New Delhi, Apr 7 (KNN) Finance Minister Nirmala Sitharaman on Monday said the global economy has transitioned from a phase of isolated shocks to one of ‘permanent volatility’, driven by geopolitical conflicts and economic disruptions. Addressing the golden jubilee event of the National Institute of Public Finance and Policy (NIPFP)Continue Reading
