New Delhi, Jun 19 (KNN) The Ministry of Finance has approved an interest rate of 8.25 percent on Employees’ Provident Fund (EPF) deposits for 2025-26, retaining the same rate for the third consecutive year for over 7.8 crore contributing subscribers of the Employees’ Provident Fund Organisation (EPFO). Finance Ministry RetainsContinue Reading
New Delhi, Jun 20 (KNN) India may be heading into a dual economic challenge driven by external commodity volatility linked to West Asia tensions and emerging domestic weather risks, as an uneven southwest monsoon raises concerns over rural demand and inflation. Uneven Monsoon Raises Weather-Driven Economic Concerns According to IMDContinue Reading
Lucknow, Jun 20 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSME) organised the inaugural BRICS MSME Forum 2026 in Agra, bringing together policymakers, government representatives, industry leaders and private-sector stakeholders from BRICS member and partner countries. BRICS MSME Forum Focuses On Global Cooperation The Forum focused on strengtheningContinue Reading
New Delhi, Jun 19 (KNN) India’s net direct tax collections rose 14.64 per cent year-on-year (YoY) to Rs 5.21 trillion during April 1 to June 17 of the current financial year (FY27), up from Rs 4.5 trillion in the corresponding period of FY26, according to data released by the IncomeContinue Reading
New Delhi, Jun 22 (KNN) India remains the largest market for the Asian Development Bank’s (ADB) private sector operations, with the multilateral lender planning to extend around USD 1 billion in direct financing this year to support projects aligned with the country’s development priorities. ADB Vice-President (Market Solutions) BhargavContinue Reading
New Delhi, Jun 22 (KNN) India has called on BRICS member nations to deepen cooperation in supporting micro, small and medium enterprises (MSMEs), stressing that such collaboration could drive inclusive growth and create jobs across member economies. Union Minister for MSMEs Jitan Ram Manjhi while addressing the BRICS MSME ForumContinue Reading
New Delhi, Jun 20 (KNN) The Reserve Bank of India (RBI) on Friday issued the final Kisan Credit Card (KCC) Scheme directions for commercial banks, small finance banks, regional rural banks and rural co-operative banks, after examining stakeholder feedback received on the draft directions issued in February 2026. The centralContinue Reading
