NITI Aayog has outlined a detailed action plan for the rollout of Digital Public Infrastructure (DPI) 2.0, recommending decentralised state-led execution, sector-focused transformation cycles, and stronger global engagement to drive India’s journey towards a $30 trillion economy by 2047. According to the report, India’s DPI initiatives are already contributing nearlyContinue Reading
With disruptions in industrial gas supplies increasingly affecting small manufacturers and factory clusters across India, industry groups representing micro, small, and medium enterprises (MSMEs) are pressing the government for urgent financial relief to help firms stay afloat. The request centres on a moratorium of up to six months on existingContinue Reading
Union Commerce and Industry Minister Piyush Goyal | Photo Credit: BHAWIKA CHHABRA Union Commerce and Industry Minister Piyush Goyal on Sunday said India and New Zealand will sign a long-pending bilateral trade agreement on April 27 (Monday), marking a key step to boost trade ties between the two countries. SpeakingContinue Reading
Credit growth in India’s banking system is expected to pick up pace in the coming fiscal year — but with an uneven pattern across segments. According to Surinder Kumar Thapar, a senior advisor at the Indian Banks Association, lenders are likely to see robust expansion in credit to the retailContinue Reading
India and the Republic of Korea have formalised a Memorandum of Understanding (MoU) to strengthen cooperation in the micro, small and medium enterprises (MSME) sector, marking a new phase in bilateral economic engagement between the two countries. This agreement was signed during the State Visit of South Korean President LeeContinue Reading
Overall, ICRA has maintained a Stable outlook on the Indian banking sector for FY27. With India’s real GDP growth expected to grow at a slower clip of 6.5 per cent in FY27 against an estimated 7.5 per cent for FY26, ICRA sees bank credit moderating and slippage rate rising inContinue Reading
India’s MSME manufacturing sector continued to remain in expansion mode during the January-March 2026 quarter, although growth momentum showed signs of moderation due to external challenges, particularly arising from the West Asia crisis, according to the SME Market Sentiment Index (SMESI) – Round 4 released by PHD Chamber of CommerceContinue Reading
