New Delhi, Mar 31 (KNN) The government has reiterated that the Insolvency and Bankruptcy Code (IBC) is aimed at business rescue and value maximisation, rather than mere debt recovery, highlighting strong recovery outcomes and improved corporate performance post-resolution. By December 2025, recoveries under the IBC stood at 94.95 per centContinue Reading
Kohima, Mar 31 (KNN) A high-level coordination meeting on ‘MSME as Engines of Growth’ was held at the Nagaland Civil Secretariat in Kohima on Monday, bringing together officials from the Government of India and various State departments to strengthen collaboration and accelerate MSME development. The meeting was chaired by V.Continue Reading
New Delhi, Mar 31 (KNN) The Reserve Bank of India (RBI) has extended the implementation of its revised capital market exposure norms by three months to July 1, 2026, from the earlier deadline of April 1. The central bank said the decision follows representations from banks, capital market intermediaries (CMIs),Continue Reading
New Delhi, Mar 31 (KNN) A SBI Research report has suggested that the Reserve Bank of India (RBI) may consider utilising foreign exchange reserves to stabilise the rupee amid heightened volatility triggered by the ongoing West Asia crisis. The recommendation comes after the rupee breached the 95 per US dollarContinue Reading
New Delhi, Mar 31 (KNN) The total pending dues owed by Central Public Sector Enterprises (CPSEs) to Micro and Small Enterprises (MSEs) stood at Rs 2,406.46 crore as of February 2026, the government informed the Rajya Sabha. Minister of State for MSMEs, Shobha Karandlaje, said that cumulative dues reported onContinue Reading
New Delhi, Mar 30 (KNN) The Central Government is likely to announce additional relief measures for vulnerable sectors, including Micro, Small and Medium Enterprises (MSMEs), if the ongoing West Asia conflict persists, sources said. The move is aimed at helping businesses manage rising costs while keeping inflation under control inContinue Reading
New Delhi, Mar 30 (KNN) Non-banking financial companies (NBFCs) in India may face rising credit risks in select loan segments due to a potential fuel supply shock linked to the ongoing Iran conflict, according to a report by Nomura. The report, which assesses the impact of a prolonged conflict scenarioContinue Reading
