New Delhi, Jul 14 (KNN) The Centre has expanded the range of organisations eligible under the Prime Minister Internship Scheme (PMIS) to improve participation after low acceptance and high dropout rates in earlier rounds. The scheme will now include micro, small and medium enterprises (MSMEs), global capability centres (GCCs), andContinue Reading
New Delhi, Jul 14 (KNN) India’s creative economy is emerging as a key driver of economic growth, supported by the rapid expansion of the media and entertainment industry, digital platforms, and technology-led creative sectors, according to the Confederation of Indian Industry (CII). Creative Industries Gain Economic Significance Citing the UNCTADContinue Reading
New Delhi, Jul 14 (KNN) More than 8.9 crore enterprises have been registered under the Udyam Registration Portal and the Udyam Assist Platform, extending formal recognition to micro, small and medium enterprises (MSMEs) and supporting employment for over 38 crore people, according to the Ministry of MSME. The Ministry saidContinue Reading
New Delhi, Jul 14 (KNN) The Reserve Bank of India (RBI) is likely to keep policy interest rates unchanged until at least October 2026, while India’s economy is expected to grow at a steady 6.6-6.8 percent in FY27 despite global uncertainties, according to Bank of Baroda’s FY27 Economic Outlook. RBIContinue Reading
New Delhi, Jul 14 (KNN) The government has asked public sector banks to step up efforts to mobilise foreign currency deposits from non-resident Indians (NRIs) as part of measures to strengthen India’s foreign exchange reserves and support the rupee. Government Pushes NRI Deposit Mobilisation At a meeting on Monday, FinanceContinue Reading
New Delhi, Jul 14 (KNN) Union Finance Minister Nirmala Sitharaman on Monday reviewed the progress of the Reserve Bank of India’s (RBI) swap facility schemes for Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) during a meeting with Managing Directors and ChiefContinue Reading
New Delhi, Jul 13 (KNN) The practice of bundling specialty and soluble fertilisers with subsidised conventional products such as urea is affecting innovation and threatening the survival of micro, small and medium enterprises (MSMEs) in the sector, said Rajib Chakraborty, President, Speciality Fertiliser Association of India (SFAI). In an interviewContinue Reading
