New Delhi, May 29 (KNN) India has emerged as the strongest growth story among major global economies, with 52 percent of chief economists expecting strong or very strong growth over the next 12 months, according to the latest Chief Economists’ Outlook released by the World Economic Forum (WEF). TheContinue Reading
New Delhi, May 29 (KNN) Textiles ministry as well as several industry bodies are learnt to have sought a temporary suspension of anti-dumping investigations on key chemical intermediaries amid rising prices and supply shortages triggered by the ongoing conflict in West Asia. According to industry sources, downstream sectors suchContinue Reading
New Delhi, May 29 (KNN) The Reserve Bank of India in its Annual Report 2025-26 said bank credit growth remained strong during the financial year, with lending to the micro, small and medium enterprises (MSMEs) sector witnessing accelerated expansion amid continued policy focus on financial inclusion and easier credit access.Continue Reading
New Delhi, May 29 (KNN) Consultancy firm EY has called for a significant reorientation of India’s economic strategy amid the West Asia crisis, urging the government to expand reserves of critical commodities and reduce dependence on volatile global supply chains. In its Economy Watch May 2026 report, EY cautioned thatContinue Reading
New Delhi, May 29 (KNN) The Ministry of Micro, Small and Medium Enterprises convened the second SME Working Group Meeting this week under the BRICS Partnership on the New Industrial Revolution (PartNIR) track, with discussions focused on improving technology access and innovation for micro, small and medium enterprises (MSMEs) acrossContinue Reading
New Delhi, May 29 (KNN) The Reserve Bank of India (RBI) is set to reintroduce the idea of plastic currency notes, driven by surging demand, rising printing costs, and a sharp increase in soiled note disposal. The RBI has revived discussions on introducing polymer (plastic) banknotes for public circulation, withContinue Reading
New Delhi, May 29 (KNN) State Bank of India’s (SBI) Chairman Challa Sreenivasulu Setty has cautioned that while India’s macroeconomic foundations remain sound, the spillover effects of the Gulf conflict could weigh on growth and reignite inflationary pressures in the year ahead. In his message to shareholders, Setty said, “TheContinue Reading
