Empowering MSMEs with News & Insights

Economy

WPI inflation declines to 1.08% in the month of July

WPI inflation declines to 1.08% in the…

New Delhi, Aug 14 (KNN) Owing to sharp decline in fuel and power prices and moderate reduction in manufactured products, the rate of inflation, based on…

RBI issues final framework for regulatory sandbox to enable innovations in the financial technology space

RBI issues final framework for regulatory sandbox…

New Delhi, Aug 14 (KNN) The Reserve Bank of India (RBI) has issued the final framework for regulatory sandbox in order to enable innovations in the financial…

NSIC signs MoU with State Bank of India for financing credit to MSMEs under its bank credit facilitation scheme

NSIC signs MoU with State Bank of…

New Delhi, Aug 12 (KNN) National Small Industries Corporation (NSIC) and State Bank of India have signed a Memorandum of Understanding (MoU) to promote…

Industrial production 2% higher in June 2019 compared to June 2018

Industrial production 2% higher in June 2019…

New Delhi, Aug 10 (KNN) The quick estimates of Index of Industrial Production (IIP) for the month of June 2019 stood at 130.2, which is 2.0 percent higher…

PM Modi urges investors to generate business in J&K

PM Modi urges investors to generate business…

New Delhi, Aug 9 (KNN) Addressing the nation after abrogation of Article 370, and bifurcation of Jammu and Kashmir into two Union Territories, Prime Minister…

RBI cut key interest rate for the fourth consecutive time

RBI cut key interest rate for the…

New Delhi, Aug 7 (KNN) The Reserve Bank of India's Monetary Policy Committee (MPC) cut key interest rate for the fourth consecutive time.

Reserve…

NEFT to be available 24x7 from Dec 2019: RBI

NEFT to be available 24x7 from Dec…

Mumbai, Aug 7 (KNN) The National Electronic Funds Transfer (NEFT) system will be available on a 24x7 basis from December 2019, a move that according to…

RBI allows banks to lend through NBFCs to priority sectors including MSEs, subject to certain conditions

RBI allows banks to lend through NBFCs…

Mumbai, Aug 7 (KNN) Relaxing the bank lending norms to non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) today allowed the banks…

Banks have agreed to review the lending rates: Finance Ministry

Banks have agreed to review the lending…

New Delhi, Aug 6 (KNN) The finance ministry has said that the banks have agreed on taking steps to review the lending rates to the borrower’s benefits…

Service Sector activity rebounds in July, quickest increase of output: PMI

Service Sector activity rebounds in July, quickest…

New Delhi, Aug 5 (KNN) Driven by new business order, the country’s service sector activity in July returned to growth territory that rose at the fastest…