New Delhi, Apr 22 (KNN) Luminous Power Technologies has signed a memorandum of understanding (MoU) with Small Industries Development Bank of India (SIDBI) to enhance access to affordable solar financing for micro, small and medium enterprises (MSMEs) across the country. The collaboration aims to simplify financing for solar energyContinue Reading
New Delhi, Apr 21 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra has underlined the significant impact of the ongoing crisis in West Asia on India’s economy, citing the country’s deep trade and energy linkages with the region. “Coming to the present crisis, it particularly impacts us as WestContinue Reading
New Delhi, Apr 21 (KNN) Significant foreign ownership can support the credit profiles of Indian financial institutions by providing long-term capital, funding flexibility, and, in some cases, improved governance standards, Fitch Ratings said on Tuesday. However, the agency cautioned that foreign shareholding alone is not a reliable indicator of strongerContinue Reading
Bengaluru, Apr 21 (KNN) The Karnataka Small Scale Industries Association (KASSIA) has expressed concern over a recent order by the Karnataka Electricity Regulatory Commission (KERC) approving an additional 56 paise per unit ‘true-up’ charge for consumers under Bangalore Electricity Supply Company (BESCOM), effective May 1, 2026. The charge is aimedContinue Reading
New Delhi, Apr 21 (KNN) India’s economy is projected to grow at 6.4 percent in 2026 and 6.6 percent in 2027, maintaining its position as a key growth driver in the Asia-Pacific region, according to a report by the United Nations Economic and Social Commission for Asia and the PacificContinue Reading
New Delhi, Apr 21 (KNN) India’s manufacturing MSME sector saw moderation in growth momentum during the quarter ending March 2026 even as it continued to remain in expansion territory, according to PHD Chamber of Commerce and Industry’s (PHDCCI) latest SME Market Sentiment Index (SMESI) survey. Growth Slows, Outlook RemainsContinue Reading
Amaravati, Apr 20 (KNN) Energy Efficiency Services Limited (EESL) has developed a roadmap to accelerate the adoption of advanced, energy-efficient technologies among micro, small and medium enterprises (MSMEs) in Andhra Pradesh. The blueprint will be submitted to the state industries department and aligns with Chief Minister N. Chandrababu Naidu’s visionContinue Reading
