New Delhi, Jun 27 (KNN) The Department for Promotion of Industry and Internal Trade (DPIIT) notified the Transition Facilitation (Quality Control) Order, 2026 on June 25, creating an alternative compliance pathway under ten selected Quality Control Orders covering products including toys, personal protective equipment, air conditioners, footwear, furniture and domesticContinue Reading
New Delhi, Jul 8 (KNN) The Reserve Bank of India (RBI) is pushing for interoperability in the Trade Receivables Discounting System (TReDS) to promote greater competition among platform operators and prevent business concentration among a few entities, according to sources. RBI Pushes for Interoperable TReDS Ecosystem The RBI has alreadyContinue Reading
New Delhi, Jul 15 (KNN) The annual wholesale price inflation (WPI) accelerated to 9.87 percent in June 2026 from 9.68 percent in May, driven mainly by higher prices of mineral oils, food articles, basic metals, and chemicals, according to data released by the Ministry of Commerce and Industry. Wholesale InflationContinue Reading
New Delhi, Jul 23 (KNN) The recovery in foreign direct investment (FDI) and foreign portfolio investment (FPI) in recent months reflects renewed confidence in the Indian economy, which continues to remain among the fastest-growing major economies despite global uncertainties, according to the Reserve Bank of India’s (RBI) latest State ofContinue Reading
New Delhi, Aug 5 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said India’s strong macroeconomic fundamentals and a manageable current account deficit (CAD) will help cushion global shocks, including West Asia tensions and crude price volatility. Speaking to ANI at the post-Monetary Policy Committee (MPC) pressContinue Reading
New Delhi, Apr 15 (KNN) The International Monetary Fund (IMF) has raised India’s GDP growth projections for the next two fiscal years, reaffirming the country’s position as the world’s fastest-growing major economy despite global uncertainties arising from the ongoing West Asia conflict. Growth projected at 6.5 percent In its AprilContinue Reading
New Delhi, May 4 (KNN) The Centre has notified two major changes to foreign direct investment (FDI) rules, easing norms for certain overseas investors with exposure to neighbouring countries and allowing up to 100 percent FDI in the insurance sector. Under the revised rules, effective May 1, foreign companies withContinue Reading
