New Delhi, May 20 (KNN) India’s Index of Eight Core Industries (ICI) grew at a provisional rate of 1.7 per cent year-on-year (YoY) in April 2026, according to data released by the Commerce & Industry Ministry on Wednesday.. While cement, steel, and electricity provided positive momentum, significant contractions in coal,Continue Reading
New Delhi, May 20 (KNN) The Reserve Bank of India (RBI) has issued final directions dispensing with the mandatory Investment Fluctuation Reserve (IFR) requirement for banks that already maintain a capital charge for market risk and adhere to the revised norms governing classification, valuation, and operation of investment portfolios. WhatContinue Reading
New Delhi, May 19 (KNN) Investment Information and Credit Rating Agency (ICRA) has projected India’s year-on-year GDP growth to ease to a three-quarter low of 7.0 percent in Q4 FY26, down from 7.8 percent in Q3 FY26, amid slower expansion in the industrial and services sectors and disruptions linked toContinue Reading
New Delhi, May 19 (KNN) The Federation of Indian Micro and Small & Medium Enterprises (FISME) and the Portuguese Industrial Association – Chamber of Commerce and Industry (AIP-CCI) signed a Memorandum of Understanding (MoU) on Tuesday, establishing a framework for bilateral business cooperation, investment facilitation, and micro, small and mediumContinue Reading
New Delhi, May 19 (KNN) India should raise its investment in research and development (R&D) from the current 0.64 percent to at least 2 percent of GDP over the next four to five years to strengthen the country’s innovation ecosystem, according to a new report released by NITI Aayog. Continue Reading
New Delhi, May 19 (KNN) Central Bank of India recently organised a series of mega MSME outreach programmes across Hyderabad, Faridabad and Chandigarh to promote entrepreneurship, strengthen the micro, small and medium enterprises (MSME) sector and create awareness about banking and financial assistance schemes for business growth. Commitment To MSMEsContinue Reading
New Delhi, May 18 (KNN) The Federation of Indian Micro and Small & Medium Enterprises (FISME) has urged the Society of Indian Automobile Manufacturers (SIAM) to ensure equitable sharing of rising input costs being borne by MSME auto component suppliers amid sharp increases in wages, energy prices and raw materialContinue Reading
