New Delhi, Mar 17 (KNN) Industry body PHD Chamber of Commerce and Industry (PHDCCI) has urged the Reserve Bank of India (RBI) to enhance credit access for small businesses and address operational challenges in trade finance, including inconsistencies in handling Letters of Credit (LoC). In a meeting with RBI GovernorContinue Reading
New Delhi, Mar 17 (KNN) India’s e-commerce sector is expected to expand significantly over the next decade, with its share in overall retail projected to rise from about 6 per cent to as much as 11 per cent by 2030, according to a report by McKinsey & Company. The reportContinue Reading
New Delhi, Mar 17 (KNN) The Competition Commission of India (CCI) organised the 11th National Conference on Economics of Competition Law in New Delhi, bringing together experts, policymakers and researchers to deliberate on evolving market dynamics and regulatory frameworks. Rajiv Gauba, NITI Aayog, delivered the keynote address, emphasising thatContinue Reading
New Delhi, Mar 16 (KNN) Value addition, product diversification and access to export-oriented markets have led to 15-18 Per cent increase in income levels of artisans at functional clusters under the Scheme of Fund for Regeneration of Traditional Industries (SFURTI), Minister of State for Micro, Small and Medium Enterprises (MSME)Continue Reading
New Delhi, Mar 17 (KNN) Digital payment transactions in India have witnessed strong growth in recent years, driven by coordinated efforts of the government, the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI), Finance Minister Nirmala Sitharaman informed the Lok Sabha. During FY 2024–25,Continue Reading
New Delhi, Mar 16 (KNN) The MSME Champion scheme has made significant progress towards achieving its intended objectives, with several key deliverables meeting and even exceeding stipulated targets, Minister of State for Micro, Small and Medium Enterprises (MSME) Shobha Karandlaje has said. In written reply to a question in theContinue Reading
New Delhi, Mar 16 (KNN) Credit disbursement to the micro, small and medium enterprises (MSME) sector by scheduled commercial banks witnessed significant growth over the past three years, reaching Rs 26.43 lakh crore in financial year 2024–25. Minister of State for MSME Shobha Karandlaje said in a written reply inContinue Reading
