New Delhi, May 11 (KNN) With micro and small enterprises (MSEs) facing a double whammy of trade disruptions and rising input cost, they can avail benfits offered by various government schemes including Procurement and Marketing Support (PMS) scheme to partly ease the pressure. The PMS scheme run by MSME MinistryContinue Reading
New Delhi, May 11 (KNN) India’s private capital expenditure rose sharply by 67 percent year-on-year to Rs 7.7 lakh crore in September 2025, compared with Rs 4.6 lakh crore in the same period last year, signalling a strong revival in the investment cycle, according to the Confederation of Indian IndustryContinue Reading
Chennai, May 11 (KNN) The textile industry and MSMEs in Coimbatore have welcomed the government’s Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, saying the move will provide much-needed liquidity support amid ongoing global disruptions. Textile Sector Sees Relief Amid Working Capital Stress Southern India Mills Association Chairman Durai Palanisamy saidContinue Reading
New Delhi, May 11 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra and Christine Lagarde, President, European Central Bank (ECB), on Sunday signed a Memorandum of Understanding (MoU) to strengthen cooperation in central banking. The agreement was signed on the sidelines of meetings hosted by the Bank for International SettlementsContinue Reading
New Delhi, May 11 (KNN) The Ministry of Labour & Employment has notified the Industrial Relations (Central) Rules, 2026, bringing them into force with immediate effect from May 8, 2026. It aims to operationalise key provisions of the Industrial Relations Code, 2020 and overhaul India’s industrial relations framework with aContinue Reading
New Delhi, May 11 (KNN) Federation of Indian Micro and Small & Medium Enterprises (FISME) will organise a webinar on May 12 to help MSMEs better understand financial agreements and strengthen dispute resolution mechanisms amid growing complexities in banking-related transactions. The webinar, titled ‘Strengthening MSME Financial Agreements and Dispute ResolutionContinue Reading
New Delhi, May 9 (KNN) The central government can deploy a three-pronged strategy to mitigate the impact of a global energy shock on domestic growth, according to Pranjul Bhandari, Chief India & ASEAN Economist, HSBC. Speaking to ANI, Bhandari noted that while energy shocks typically push inflation higher and slowContinue Reading
