New Delhi, Aug 10 (KNN) Investment announcements in India stood at Rs 26.75 lakh crore between April 1 and August 5 of 2026-27, with the information technology-enabled services (ITeS) sector accounting for 56 percent of the proposed investments, according to a Bank of Baroda Economics Research report. ITeS Sector AccountsContinue Reading
New Delhi, Aug 10 (KNN) The government is considering raising the threshold for foreign direct investment (FDI) proposals requiring approval from the Cabinet Committee on Economic Affairs (CCEA) to Rs 15,000 crore from the existing Rs 5,000 crore, as part of efforts to improve the investment climate and ease doingContinue Reading
New Delhi, Aug 8 (KNN) The Government e-Marketplace (GeM) has crossed Rs 20 lakh crore in cumulative Gross Merchandise Value (GMV) through more than 3.78 crore orders, ahead of completing ten years of operations on August 9, reflecting its expanding role in India’s public procurement ecosystem. GeM Records Rapid GrowthContinue Reading
New Delhi, Aug 8 (KNN) Nearly 97 percent of India’s more than 43 million rural enterprises are nano enterprises, and enabling them to invest, expand and generate employment could significantly boost rural jobs and incomes, according to a report released by Transform Rural India (TRI) in collaboration with IDinsight. TheContinue Reading
New Delhi, Aug 8 (KNN) The Payments Council of India (PCI) has supported discussions around introducing a merchant discount rate (MDR) for the Unified Payments Interface (UPI), stating that sustained investment is essential to maintain the country’s real-time digital payments infrastructure. PCI, an industry body representing digital payments companies, saidContinue Reading
New Delhi, Aug 8 (KNN) The Lok Sabha on Friday passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, without debate amid continued protests by Opposition members. The legislation had earlier been approved by the Rajya Sabha on August 3, completing its passage in Parliament. The Bill wasContinue Reading
New Delhi, Aug 8 (KNN) The Directorate General of Foreign Trade (DGFT) has expanded the eligibility criteria for the ‘Source from India’ service on the Trade Connect ePlatform to include eligible DPIIT-recognised startups, with the aim of boosting innovation-led exports and enhancing the global visibility of Indian startups. Trade ConnectContinue Reading
