New Delhi, Jun 1 (KNN) The government’s Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has received approximately 20,000 applications from micro, small and medium enterprises (MSMEs) since its launch, with the full allocated amount of Rs 25,000 crore already processed, a senior Finance Ministry official confirmed. ECLGS 5.0: Strong UptakeContinue Reading
New Delhi, Jun 1 (KNN) Several regulatory and operational changes have come into effect from June 1, impacting household expenses, digital payments, banking services, taxation and public transport across the country. PNG Users Required To Surrender LPG Connections One of the major changes relates to domestic cooking fuel.Continue Reading
Bengaluru, Jun 1 (KNN) The Union government is set to establish a Centre of Excellence (CoE) for Artificial Intelligence, Robotics, and Innovation in Bengaluru’s Peenya Industrial Area to support the growth of micro, small, and medium enterprises (MSMEs) in Karnataka and across the country. Minister of State for MSME ShobhaContinue Reading
New Delhi, May 30 (KNN) The Department of Financial Services (DFS) has launched a single digital platform enabling citizens to search for unclaimed bank deposits, insurance claims, shares, dividends and mutual funds — all in one place. The Common Landing Portal for Unclaimed Financial Assets, developed by the Department ofContinue Reading
New Delhi, May 30 (KNN) Chief Economic Adviser (CEA) V. Anantha Nageswaran has signalled a shift in the government’s immediate economic focus, with external sector stability taking precedence as the West Asia conflict disrupts global energy markets. Speaking at an event on securitisation, CEA V. Anantha Nageswaran said the WestContinue Reading
New Delhi, May 30 (KNN) India has emerged as the world’s fifth most digitalised economy in 2026, surpassing several advanced economies including Germany, France, Japan and Canada, according to the State of India’s Digital Economy Report 2026 released by the Indian Council for Research on International Economic Relations (ICRIER) andContinue Reading
New Delhi, May 29 (KNN) India has emerged as the strongest growth story among major global economies, with 52 percent of chief economists expecting strong or very strong growth over the next 12 months, according to the latest Chief Economists’ Outlook released by the World Economic Forum (WEF). TheContinue Reading
