New Delhi, Jul 18 (KNN) The Ministry of Skill Development and Entrepreneurship (MSDE) has extended its Special Intervention for Promotion of Apprenticeship in the North-Eastern Region (NER) under the Prime Minister’s National Apprenticeship Promotion Scheme (PM-NAPS) for FY 2026-27, with an outlay of Rs 57.58 crore. The initiative, to beContinue Reading
New Delhi, Jul 18 (KNN) India has initiated its first formal move towards introducing polymer banknotes, with the Reserve Bank of India (RBI) inviting global bids for the supply of specialised polymer substrates used in currency printing. The RBI’s printing subsidiary, Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), hasContinue Reading
New Delhi, Jul 18 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra has flagged geopolitical tensions in West Asia and the possibility of a weak monsoon as key risks to India’s economic growth outlook. In an interview with DD news, Malhotra said, “Despite global uncertainties, India has witnessed anContinue Reading
New Delhi, Jul 17 (KNN) The Centre is set to introduce amendments to the MSME Development Act in the upcoming monsoon session of Parliament, aiming to address long-standing challenges faced by micro, small and medium enterprises (MSMEs), particularly in accessing timely payments and finance. Focus on Faster Payments and DisputeContinue Reading
New Delhi, Jul 17 (KNN) The Federation of Indian Micro and Small & Medium Enterprises (FISME) in association with ‘Friends of MSMEs in the Parliament’, in collaboration with Economic Policy Centre (EPC), Mahindra University, organised a national conference on Friday to examine the challenges and opportunities confronting Indian MSMEs inContinue Reading
New Delhi, Jul 17 (KNN) The Reserve Bank of India (RBI) has clarified that banks cannot sell immovable properties acquired during loan recovery proceedings back to the defaulting borrower or related parties, citing risks to credit discipline. The revised prudential norms, issued under the Resolution of Stressed Assets framework, willContinue Reading
New Delhi, Jul 17 (KNN) The Centre has proposed five new Bills for introduction during the upcoming Monsoon Session of Parliament, including the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, according to the tentative legislative agenda released by the Lok Sabha Secretariat. The Monsoon Session is scheduled toContinue Reading
