New Delhi, Jun 2 (KNN) India successfully achieved its fiscal deficit target of 4.4 percent of GDP for FY26, maintaining fiscal discipline despite revenue pressures, global economic uncertainties and the impact of revised GDP estimates, according to official government data. The fiscal deficit, which represents the gap between the government’sContinue Reading
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, Jul 3 (KNN) The Employees’ Provident Fund (EPF) Scheme, 2026 introduces key changes for subscribers, particularly on partial withdrawals, effective June 29. The Centre has notified the new scheme, replacing the EPF Scheme, 1952, as part of implementing the Code on Social Security, 2020. Mandatory Contributions Capped atContinue Reading
New Delhi, Jul 11 (KNN) Indian government bond prices rose in early trade on Friday, supported by overnight gains in the U.S. Treasuries, lower crude oil prices and continued foreign investor buying, although market participants remained cautious ahead of a Rs 32,000 crore government bond auction. Foreign Inflows Support BondContinue Reading
New Delhi, Jul 20 (KNN) Deloitte India has projected India’s economy to grow between 6.5 percent and 6.8 percent in FY 2026-27, with economic activity expected to strengthen in the second half of the fiscal, supported by festive demand, monetary easing and improving global conditions. In its latest Economic OutlookContinue Reading
New Delhi, Jul 30 (KNN) The Indian economy has remained resilient despite an uncertain global macroeconomic environment, with high-frequency indicators pointing to broad-based improvement across sectors and a sharp rise in industrial credit indicating a revival in private sector investment, according to a Kotak Institutional Equities report. The report saidContinue 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
