New Delhi, Jun 18 (KNN) The Parliamentary Standing Committee on Industry on Wednesday discussed measures to strengthen support mechanisms for traditional and labour-intensive micro, small and medium enterprises (MSMEs), underscoring the sector’s critical role in employment generation and exports. Parliamentary Panel Reviews MSME Support Framework The meeting, chairedContinue Reading
New Delhi, Jun 17 (KNN) The Reserve Bank of India’s (RBI) Payments Vision 2028 is set to bring both opportunities and significant challenges for banks, as they are forced to adapt to a more competitive and technology-driven payments landscape, according to a report by Ernst & Young (EY). The RBIContinue Reading
New Delhi, Jun 18 (KNN) India is in discussions with multilateral lenders to secure around USD 2.5 billion in funding from existing credit lines to support infrastructure development and employment generation amid rising fiscal pressures linked to higher energy costs. India Seeks Multilateral Funding For Infrastructure And Jobs Continue Reading
New Delhi, Jun 18 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSME) will host the first BRICS MSME Forum, along with the third SME Working Group Meeting, on June 19 in Agra. The event will be held under the theme ‘Building for Resilience, Innovation, Cooperation and Sustainability’, bringingContinue Reading
New Delhi, Jun 17 (KNN) The Reserve Bank of India (RBI) has issued amendments to its framework governing the advertising, marketing and sale of financial products and services by banks, with the new directions set to come into force on January 1, 2027. The amendments follow a draft framework releasedContinue Reading
New Delhi, Jun 19 (KNN) The Reserve Bank of India (RBI) is believed to be utilising the recent strengthening of the rupee to rebuild foreign exchange reserves and gradually manage its sizable short dollar forward position, according to market participants. RBI Uses Rupee Strength To Rebuild Forex Buffers The rupee hasContinue Reading
New Delhi, Jun 19 (KNN) India’s micro, small and medium enterprises (MSMEs) hold significant untapped potential for rooftop solar adoption, although structural and financial barriers continue to limit deployment across the sector, according to Tata Power. MSMEs Hold Vast Untapped Rooftop Solar Potential Citing Ministry of MSME data, Tata PowerContinue Reading
