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Economy

Underspending on MSME schemes increased in 2020-21: Govt Data

Underspending on MSME schemes increased in 2020-21:…

New Delhi, Feb 15 (KNN) The underspending across various schemes related to the development of the micro, small and medium enterprise (MSME) sector by the…

CAIT urges Centre to withdraw 12% GST rate on textiles

CAIT urges Centre to withdraw 12% GST…

New Delhi, Feb 12 (KNN) The Confederation of All India Traders (CAIT) has urged Union Finance Minister Nirmala Sitharaman to withdraw the proposed GST tax…

Textile demand to see buoyancy in FY23: Ind-Ra

Textile demand to see buoyancy in FY23:…

New Delhi, Feb 11 (KNN) Due to the gradual decrease in the impact of Covid-19’s third wave, the textile demand is expected to speed up in FY23 as…

Value of Rupee boosting exports, must keep an eye on it: FIEO President

Value of Rupee boosting exports, must keep…

New Delhi, Feb 10 (KNN) The current value of rupee is providing support to exports, said Dr A Sakthivel, President, FIEO urging the industry to be watchful…

MSME lending fintech U GRO Capital grows by 186% Y-o-Y in Q3FY22

MSME lending fintech U GRO Capital grows…

New Delhi, Feb 9 (KNN) U GRO Capital, a MSME lending fintech’s disbursements has  grown by 186 per cent Y-o-Y to Rs 1,053 crore in…

Retail, Agriculture and MSME business grew by 6.37%, reports Punjab & Sind Bank

Retail, Agriculture and MSME business grew by…

New Delhi, Feb 8 (KNN)  State-owned Punjab & Sind Bank (PSB) reported a net profit of Rs 301 crore for the quarter ending December 2021 as…

India GDP estimated at Rs 147.5 lakh crore in FY22, says Minister Pankaj Chaudhary

India GDP estimated at Rs 147.5 lakh…

New Delhi, Feb 8 (KNN) India's gross domestic product (GDP) is projected to grow at 9.2 per cent to Rs 147.5 lakh crore in 2021-22, said Minister…

Dumping will be refrained but maintaining price level for MSMEs is important: FM Sitharaman

Dumping will be refrained but maintaining price…

New Delhi, Feb 7 (KNN) Dumping is not what we want but maintaining affordable prices for micro, small and medium enterprises (MSMEs) is essential, Finance…

Budget 2022-23 will be more directional with long-term growth, says Goyal

Budget 2022-23 will be more directional with…

New Delhi, Feb 7 (KNN) On February 1, the government presented a budget with no tax increases and thus no new revenue generation measures but chose…

RBI likely to leave policy rates unchanged till April: Report

RBI likely to leave policy rates unchanged…

New Delhi, Feb 5 (KNN) The RBI's rate-setting panel Monetary Policy Committee (MPC) will begin its deliberations on Monday and announce the policy moves…