New Delhi, Jul 28 (KNN) State government debt repayments are set to rise sharply over the next few years, with the redemption profile of state government securities (SGS) remaining highly front-loaded. An estimated Rs 24 trillion is set to mature between FY2028 and FY2032, according to a report by ICRA.Continue Reading
New Delhi, Jul 28 (KNN) The government has said that the ‘Corporate Mitra’ initiative is designed to provide affordable and accessible compliance and business support services to micro, small and medium enterprises (MSMEs), while also creating a pool of trained para-professionals. The scheme is being implemented by the Indian InstituteContinue Reading
New Delhi, Jul 28 (KNN) The government has proposed increasing the statutory ceiling for paid-up share capital under the definition of a ‘small company’ from Rs 10 crore to Rs 20 crore through the Corporate Laws (Amendment) Bill, 2026, to provide greater flexibility in line with business growth and economicContinue Reading
Mumbai, Jul 28 (KNN) India must develop deep, broad and resilient financial markets before achieving developed economy status, as the country’s future financing needs cannot be met through the traditional bank-led model alone, Reserve Bank of India (RBI) Deputy Governor Rohit Jain has said. RBI Calls for Stronger Market-Based FinancingContinue Reading
New Delhi, Jul 27 (KNN) Easing global crude oil prices and improving supply chain conditions are expected to support India’s fiscal and inflation outlook, while maintaining that there is no proposal at present to revise budget projections, Minister of State for Finance Pankaj Chaudhary said. In a written reply toContinue Reading
New Delhi, Jul 27 (KNN) The National Skill Development Corporation (NSDC) has exchanged a Memorandum of Understanding (MoU) for the proposed Rs 530 crore Skills Outcomes Fund. It is an initiative aimed at providing industry-aligned skilling, employment and sustainable livelihood opportunities to more than 2 lakh young people. Rs 530Continue Reading
New Delhi, Jul 27 (KNN) Axis Finance Limited (AFL) has launched a configurable digital platform, Axis Finance Drishti, aimed at improving credit decision-making and strengthening risk oversight across its retail and micro, small and medium enterprise (MSME) lending operations. In its first phase, the company has deployed the in-house BusinessContinue Reading
