New Delhi, Apr 7 (KNN) Delhi-based Confederation of All India Traders (CAIT) has flagged concerns over the impact of the ongoing West Asia crisis on Indian trade and industry, urging the Finance Ministry to roll out timely relief measures, particularly for MSMEs. Concerns Over Rising Costs, Supply Chain Disruptions Continue Reading
New Delhi, Apr 7 (KNN) The rate-setting panel of the Reserve Bank of India (RBI) began its three-day monetary policy meeting on April 6, with expectations of a pause in interest rates amid rising inflation risks linked to the West Asia conflict. The decision of the six-member Monetary Policy CommitteeContinue Reading
New Delhi, Apr 7 (KNN) Finance Minister Nirmala Sitharaman on Monday said the global economy has transitioned from a phase of isolated shocks to one of ‘permanent volatility’, driven by geopolitical conflicts and economic disruptions. Addressing the golden jubilee event of the National Institute of Public Finance and Policy (NIPFP)Continue Reading
New Delhi, Apr 7 (KNN) The Government e-Marketplace(GeM) has recorded a cumulative Gross Merchandise Value (GMV) of Rs 18.4 trillion since its launch in 2016, with FY 2025-26 alone contributing Rs 5 trillion across 75.7 lakh orders, as per official data. MSMEs Drive Nearly Half of Procurement Micro, Small andContinue Reading
New Delhi, Apr 6 (KNN) The Reserve Bank of India (RBI) is expected to keep key policy rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting scheduled for April 6–8, according to a report by SBI Research. The report cited heightened global uncertainty due to the ongoing West AsiaContinue Reading
New Delhi, Apr 6 (KNN) India’s services sector growth slowed to a 14-month low in March, weighed down by softer domestic demand and rising cost pressures, even as export demand remained strong, according to the latest HSBC India Services PMI (purchasing managers’ index) data compiled by S&P Global. Growth ModeratesContinue Reading
New Delhi, Apr 6 (KNN) The latest ‘State Finances 2023–24’ report by the Comptroller and Auditor General of India reveals a growing divergence in state revenues, underscoring that fiscal performance in the post-GST era depends not just on tax collections but on broader revenue strategies. Mixed Revenue Trends Across StatesContinue Reading
