New Delhi, Jun 2 (KNN) The Institute of Chartered Accountants of India (ICAI) has announced a series of initiatives focused on MSME development, sustainability assurance and digital transformation, reinforcing the accounting profession’s role in supporting India’s economic growth and entrepreneurship ecosystem. MSMEs Continue To Drive Economic Growth ICAI PresidentContinue Reading
New Delhi, Jun 2 (KNN) E-commerce firm Meesho has announced the launch of Project Shikhar in partnership with stock exchange BSE to enable micro, small and medium enterprises (MSMEs) to transition into publicly listed entities on the SME platform. The move is aimed at addressing MSMEs’ access to growth capital. TheContinue Reading
New Delhi, Jun 2 (KNN) India’s micro, small and medium enterprise (MSME) credit portfolio continued to grow in April 2026, but at a slower pace, as global uncertainties began to affect lending momentum, according to a report by credit bureau CRIF High Mark. The total MSME credit outstanding stood atContinue Reading
New Delhi, Jun 2 (KNN) India successfully achieved its fiscal deficit target of 4.4 percent of GDP for FY26, maintaining fiscal discipline despite revenue pressures, global economic uncertainties and the impact of revised GDP estimates, according to official government data. The fiscal deficit, which represents the gap between the government’sContinue Reading
Chennai, Jun 1 (KNN) Tamil Nadu’s micro, small and medium enterprises (MSMEs) are facing mounting pressure from the ongoing West Asia conflict, with rising raw material costs, supply chain disruptions, logistics challenges, and fuel shortages impacting production across key sectors. Rising Input Costs And Logistics Challenges Hit Manufacturers The AmbatturContinue Reading
Amaravati, Jun 1 (KNN) Andhra Pradesh has taken a step towards sustainable industrial development with Energy Efficiency Services Limited (EESL), under the Union Ministry of Power, finalising a comprehensive action plan to promote energy and water efficiency across the state’s MSME ecosystem. The initiative follows the AP MSME Growth SummitContinue Reading
New Delhi, Jun 1 (KNN) The Confederation of Indian Textile Industry (CITI) has welcomed the government’s decision to temporarily remove the 11 percent import duty on cotton from June 1 to October 31, 2026. The industry body stated that the move will improve the global competitiveness of India’s textile andContinue Reading
