New Delhi, Jun 17 (KNN) Industry body ASSOCHAM has submitted a detailed representation to the government and the Reserve Bank of India (RBI), recommending measures to strengthen the rupee and expand its use in international trade settlement. ASSOCHAM Calls For Stronger Push Towards Rupee Internationalisation The proposals aimContinue Reading
New Delhi, Jun 16 (KNN) The Ministry of MSME, in collaboration with NITI Aayog’s Women Entrepreneurship Platform and the Ministry of Rural Development, is working to promote inclusive growth within the country’s MSME ecosystem, recognising the sector’s critical role in economic growth and employment generation. ScaleUp Summit 2026 ToContinue Reading
New Delhi, Jun 17 (KNN) India’s financial services sector is entering a critical transition phase, requiring deeper credit penetration, broader financial participation and more efficient capital allocation as the country advances towards its ambition of becoming a USD 30-35 trillion economy by 2047, according to Deloitte India’s State of FinancialContinue Reading
New Delhi, Jun 17 (KNN) Distressed companies undergoing insolvency proceedings could receive higher valuations under a new mechanism proposed by the Insolvency and Bankruptcy Board of India (IBBI), which seeks to broaden the basis for assessing enterprise value. IBBI Proposes Holistic Approach To Corporate Valuation Under a circular issued byContinue Reading
New Delhi, Jun 17 (KNN) France is keen to strengthen business engagement between Indian and French micro, small and medium enterprises (MSMEs), with healthcare, luxury retail, construction and logistics identified as priority sectors for collaboration, officials said on Tuesday. The remarks were made at an interactive session organised by theContinue Reading
New Delhi, Jun 17 (KNN) India’s microfinance sector is showing early signs of recovery after multiple quarters of contraction, with improving asset quality, stronger credit discipline and a revival in lending activity, according to the 27th edition of the Microfinance Pulse Report released jointly by SIDBI and Equifax. MicrofinanceContinue Reading
New Delhi, Jun 17 (KNN) India’s economy has emerged as a relative bright spot in an increasingly troubled global landscape, but mounting pressures from the West Asia conflict, rising inflation and a widening credit-deposit gap in banks are emerging as key risks, according to SBI Capital Markets (SBICAPS) June 2026Continue Reading
