New Delhi, Jul 27 (KNN) The Reserve Bank of India’s (RBI) recent measures to attract foreign capital have received a strong response, with banks mobilising nearly USD 32 billion, largely through Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, RBI Governor Sanjay Malhotra has said. He added that government securities have attractedContinue Reading
New Delhi, Jul 27 (KNN) India could receive Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits in the range of USD 65–70 billion by the end of the current scheme, with overall inflows estimated at USD 80–85 billion, according to an SBI Research report. “Given the current trend we believe that totalContinue Reading
New Delhi, Jul 27 (KNN) Union Finance Minister Nirmala Sitharaman said the government does not see an immediate need to revise its Budget estimates, despite emerging risks from higher global oil prices, geopolitical tensions and an uneven monsoon. Speaking at the NDTV Profit Business Leadership Awards 2026 in Mumbai, SitharamanContinue Reading
Chandigarh, Jul 27 (KNN) Haryana Chief Minister Nayab Singh Saini has announced that the state government will soon introduce a new MSME policy aimed at boosting exports, improving ease of doing business and strengthening support for micro, small and medium enterprises. New MSME Policy Awaits Cabinet Approval The proposed policy,Continue Reading
New Delhi, Jul 25 (KNN) India’s increasing use of Quality Control Orders (QCOs) on industrial products has led to higher manufacturing costs and supply chain disruptions, particularly affecting smaller firms, according to a study by the Centre for Social and Economic Progress (CSEP). QCOs mandate that products comply with standardsContinue Reading
New Delhi, Jul 24 (KNN) Micro, Small and Medium Enterprise (MSME)-related products accounted for 50.60 percent of India’s total merchandise exports in FY26, up from 48.55 percent in FY25 and 45.74 percent in FY24, the government informed the Lok Sabha. Minister of State for MSMEs Shobha Karandlaje said the governmentContinue Reading
New Delhi, Jul 24 (KNN) The Parliamentary Standing Committee on Finance has recommended a clearer division of regulatory responsibilities between the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI), stating that the proposed Securities Markets Code, 2025 should explicitly define oversight roles to avoidContinue Reading
