New Delhi, Jun 18 (KNN) The Reserve Bank of India (RBI) has issued Master Directions on Authorisation to Operate a Payment System, consolidating several circulars and guidelines issued since 2015 into a single framework. The directions, issued under the Payment and Settlement Systems Act, 2007, have come into effect immediately andContinue Reading
New Delhi, Jun 20 (KNN) The World Bank’s Board of Executive Directors has approved USD 1.5 billion in financing to support structural reforms aimed at boosting private sector-led job creation and economic growth in India, under the Boosting Job Creation in the Private Sector Development Policy Financing (DPF) Operation. TheContinue Reading
New Delhi, Jun 19 (KNN) The implementation of anti-dumping duties is critical to safeguarding India’s micro, small and medium enterprises (MSMEs), according to a sectoral report titled ‘Impact of Anti-Dumping Duties in India’, released by the Centre for Domestic Economy Policy Research (C-DEP). Dumped Imports Pose Significant Risks To MSMEsContinue Reading
New Delhi, Jun 19 (KNN) The Ministry of Finance has approved an interest rate of 8.25 percent on Employees’ Provident Fund (EPF) deposits for 2025-26, retaining the same rate for the third consecutive year for over 7.8 crore contributing subscribers of the Employees’ Provident Fund Organisation (EPFO). Finance Ministry RetainsContinue Reading
New Delhi, Jun 20 (KNN) India may be heading into a dual economic challenge driven by external commodity volatility linked to West Asia tensions and emerging domestic weather risks, as an uneven southwest monsoon raises concerns over rural demand and inflation. Uneven Monsoon Raises Weather-Driven Economic Concerns According to IMDContinue Reading
Lucknow, Jun 20 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSME) organised the inaugural BRICS MSME Forum 2026 in Agra, bringing together policymakers, government representatives, industry leaders and private-sector stakeholders from BRICS member and partner countries. BRICS MSME Forum Focuses On Global Cooperation The Forum focused on strengtheningContinue Reading
New Delhi, Jun 19 (KNN) India’s net direct tax collections rose 14.64 per cent year-on-year (YoY) to Rs 5.21 trillion during April 1 to June 17 of the current financial year (FY27), up from Rs 4.5 trillion in the corresponding period of FY26, according to data released by the IncomeContinue Reading
