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
New Delhi, Apr 6 (KNN) The Centre’s ambitious plan to secure 10,000 Geographical Indication (GI) tags by 2030 has gathered pace, with total applications crossing the 2,000 mark to reach 2,013 as of April 2, 2026. Record Surge in GI Applications The milestone was marked by the filing of KashmirContinue Reading
New Delhi, Apr 6 (KNN) India’s banking, financial services and insurance (BFSI) sector is expected to witness a gradual recovery after a difficult FY2026, according to a report by Motilal Oswal Financial Services (MOFSL). The report described FY2026 as a challenging year, with macroeconomic volatility, margin pressures and subdued loanContinue Reading
New Delhi, Apr 6 (KNN) Moody’s Ratings has lowered India’s economic growth projection for FY2026–27 to 6 per cent from 6.8 per cent earlier, citing the adverse impact of ongoing geopolitical tensions in West Asia. The agency said the conflict is likely to dampen private consumption, industrial activity, and investmentContinue Reading
New Delhi, Apr 6 (KNN) The Confederation of Indian Industry (CII) has proposed a set of measures including a temporary moratorium on loans and restructuring window for MSMEs to provide relief to various sectors affected by the ongoing West Asia conflict even as it hailed the steps taken by theContinue Reading
New Delhi, Apr 4 (KNN) Asset reconstruction companies (ARCs) are expected to witness steady growth in assets under management (AUM) in FY27, driven by rising stress in MSME and retail loan segments amid ongoing geopolitical tensions in West Asia. MSME Stress to Drive ARC Growth Experts indicate that the ongoingContinue Reading
New Delhi, Apr 4 (KNN) The Corporate Affairs ministry is expected to soon notify a revised audit regime aimed at aligning India’s auditing framework with global benchmarks. The move is also likely to resolve long-standing differences between the country’s two key audit regulators. Officials on Wednesday said the ministry recentlyContinue Reading
