New Delhi, Mar 14 (KNN) Highlighting a legally binding USD 100 billion foreign direct investment (FDI) commitment from the four member countries of the European Free Trade Association (EFTA), Union Commerce and Industry Minister Piyush Goyal urged industry leaders to make full use of opportunities under the India–EFTA Trade andContinue Reading
New Delhi, Mar 13 (KNN) Around 1.37 lakh micro, small and medium enterprises (MSMEs) have shut down since July 1, 2020, representing 0.17 percent of the total 7.83 crore MSMEs registered during the same period, the government informed the Lok Sabha. Union Minister for MSME Jitan Ram Manjhi said theContinue Reading
New Delhi, Mar 13 (KNN) The average time taken for loan disbursement under the Prime Minister’s Employment Generation Programme (PMEGP) has been reduced to 27 days in FY 2025–26 from 42 days in FY 2023–24, the government informed the Lok Sabha. Minister of State for MSME Shobha Karandlaje said theContinue Reading
New Delhi, Mar 13 (KNN) The government has launched several schemes including Emergency Credit Line Guarantee Scheme (ECLGS) and Credit Guarantee Scheme (CGS) for Micro and Small Enterprises (MSEs) to strengthen the micro, small and medium enterprises (MSME) ecosystem in the country, Minister of State (MoS) for MSME Sushri ShobhaContinue Reading
Mumbai, Mar 13 (KNN) The Reserve Bank of India (RBI) has launched a pilot programme titled ‘Awareness Program on Digital Payments’ to promote safe and wider adoption of digital payment systems, as part of the sixth edition of Digital Payments Awareness Week (DPAW) being observed from March 9–13, 2026. TheContinue Reading
New Delhi, Mar 13 (KNN) India’s real GDP growth is expected to moderate to 7.1 per cent in FY27 from 7.6 per cent in FY26, according to rating firm Crisil. The forecast assumes a normal monsoon, moderate food inflation, Brent crude prices of USD 75–80 per barrel and steady globalContinue Reading
New Delhi, Mar 12 (KNN) The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha), chaired by Tiruchi Siva, presented its 332nd Report on the Demands for Grants (2026–27) in Parliament on Wednesday, covering the Ministry of Heavy Industries (MHI) budget and key schemes across the automotive industry, capital goods sector,Continue Reading
