New Delhi, May 13 (KNN) India is entering a crucial phase in its economic transformation, with artificial intelligence (AI) expected to move from experimentation to a core driver of growth, according to a joint study by IBM Institute for Business Value and IndiaAI. The report, titled ‘From Promise to Power:Continue Reading
New Delhi, May 13 (KNN) The government has launched the ‘Bharat Maritime Insurance Pool’ (BMIP) with a coverage capacity of USD 1.5 billion to ensure uninterrupted maritime insurance coverage amid ongoing geopolitical tensions in the Middle East. The insurance pool launched by Department of Financial Services (DFS) under Finance MinisteyContinue Reading
Amaravati, May 13 (KNN) Micro, small and medium enterprise (MSME) contractors engaged in rural drinking water pipeline projects under the Jal Jeevan Mission (JJM) have intensified protests against the Government of Andhra Pradesh, alleging discrimination in the release of long-pending payments worth crores of rupees. Over 750 MSME contractors claimedContinue Reading
New Delhi, May 12 (KNN) Chief Economic Advisor (CEA) V Anantha Nageswaran on Tuesday urged large companies to ensure timely payments to micro and small enterprises (MSEs) to ease their working capital constraints and reduce borrowing costs. Speaking at the CII Annual Business Summit, he said bigger firms should promptlyContinue Reading
New Delhi, May 12 (KNN) India’s economic growth is expected to slow to 6.7 percent in FY27, down from an estimated 7.7 percent in FY26, as weakening domestic momentum and rising crude oil prices linked to the Iran conflict weigh on the economy, according to BMI. Higher Oil Prices ThreatenContinue Reading
New Delhi, May 11 (KNN) With micro and small enterprises (MSEs) facing a double whammy of trade disruptions and rising input cost, they can avail benfits offered by various government schemes including Procurement and Marketing Support (PMS) scheme to partly ease the pressure. The PMS scheme run by MSME MinistryContinue Reading
New Delhi, May 11 (KNN) India’s private capital expenditure rose sharply by 67 percent year-on-year to Rs 7.7 lakh crore in September 2025, compared with Rs 4.6 lakh crore in the same period last year, signalling a strong revival in the investment cycle, according to the Confederation of Indian IndustryContinue Reading
