New Delhi, May 18 (KNN) A specialised footwear testing laboratory has been established at the National Test House in Ghaziabad, Uttar Pradesh, aimed at strengthening quality infrastructure for one of India’s most labour-intensive manufacturing sectors, according to a Ministry of Consumer Affairs press release. The facility offers comprehensive testing acrossContinue Reading
New Delhi, May 18 (KNN) Micro, small and medium enterprises (MSMEs), reeling under the double whammy of soaring input costs and exports slowdown, want Competition Commission of India (CCI) to ensure key raw material suppliers do not misuse their monopoly position to keep prices high under the pretext of WestContinue Reading
New Delhi, May 16 (KNN) India SME Forum (ISF) has called for greater GST parity, predictable compliance systems, faster liquidity support and uniform enforcement standards across India’s expanding e-commerce ecosystem. The industry body said the recent ruling by the West Bengal Appellate Authority for Advance Ruling (WBAAAR) highlights the needContinue Reading
New Delhi, May 16 (KNN) India’s retail inflation rose marginally to 3.48 per cent in April 2026 from 3.40 per cent in March, while financial conditions remained significantly tighter than historical averages, according to a Crisil Intelligence report. The ongoing West Asia conflict — now past 74 days — isContinue Reading
New Delhi, May 16 (KNN) The gross non-performing assets (GNPA) ratio of small businesses has improved significantly, declining to 3.3 percent by September 2026 from 11 percent in FY20, driven by recoveries, loan upgrades and moderation in fresh slippages, according to a report by CareEdge Ratings. The report noted, however,Continue Reading
New Delhi, May 15 (KNN) India’s rubber sector MSMEs are facing mounting pressure as natural rubber prices have surged 35-40 percent amid geopolitical tensions and war-related uncertainty, the All India Rubber Industries Association (AIRIA) said. Small Manufacturers Struggle With Rising Costs AIRIA President Anay Gupta said small manufacturersContinue Reading
New Delhi, May 15 (KNN) Artificial intelligence (AI)-driven lending models have the potential to close an estimated credit gap of USD 130–170 billion for India’s micro, small and medium enterprises (MSMEs), according to a government release issued this week. The PIB backgrounder noted that AI-based credit systems are reshaping India’sContinue Reading
