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Government Approves 105 Chip Design Firms For EDA Tool Support

Government Approves 105 Chip Design Firms For…

New Delhi, Aug 8 (KNN) The government has approved 105 semiconductor chip design companies for advanced Electronic Design Automation…

India's Crude Steel Production Reaches 170.15 MT In FY26

India's Crude Steel Production Reaches 170.15 MT…

New Delhi, Aug 8 (KNN) India's crude steel production increased to 170.15 million tonnes (MT) in FY 2025-26 from 144.30…

Payments Council Backs MDR On UPI, Says Sustained Investment Key To Ensuring Reliability

Payments Council Backs MDR On UPI, Says…

New Delhi, Aug 8 (KNN) The Payments Council of India (PCI) has supported discussions around introducing a merchant discount…

EXIM Bank To Replace RBI As Nodal Agency For Export Interest Subvention Scheme

EXIM Bank To Replace RBI As Nodal…

New Delhi, Aug 8 (KNN) The commerce ministry on Friday announced that the Export-Import (EXIM) Bank of India will act as the…

India’s Medical Device Market May Hit USD 250 Bn By 2047: FICCI-DUA Report

India’s Medical Device Market May Hit USD…

New Delhi, Aug 8 (KNN) India’s medical device industry is projected to grow into a USD 250 billion market by 2047, according…

RBI Proposes Restricting NBFCs To Term Loans, Bars Revolving Credit

RBI Proposes Restricting NBFCs To Term Loans,…

New Delhi, Aug 8 (KNN) The Reserve Bank of India (RBI) has proposed restricting non-banking financial companies (NBFCs) to…

Trade Pacts To Open Global Markets For Arunachal Farmers, Manufacturers: Piyush Goyal

Trade Pacts To Open Global Markets For…

Itanagar, Aug 8 (KNN) Union Commerce and Industry Minister Piyush Goyal on Friday said India’s recent trade agreements…

Lok Sabha Passes MSME Amendment Bill 2026 To Tackle Payment Delays And Boost Liquidity

Lok Sabha Passes MSME Amendment Bill 2026…

New Delhi, Aug 8 (KNN) The Lok Sabha on Friday passed the Micro, Small and Medium Enterprises Development (Amendment) Bill,…

97% Of India's Rural Enterprises Are Nano Units: TRI Report

97% Of India's Rural Enterprises Are Nano…

New Delhi, Aug 8 (KNN) Nearly 97 percent of India's more than 43 million rural enterprises are nano enterprises, and enabling…

DGFT Expands Trade Connect Eligibility To DPIIT-Recognised Startups

DGFT Expands Trade Connect Eligibility To DPIIT-Recognised…

New Delhi, Aug 8 (KNN) The Directorate General of Foreign Trade (DGFT) has expanded the eligibility criteria for the 'Source…

GeM Crosses Rs 20 Lakh Crore In Cumulative Public Procurement Ahead Of 10th Anniversary

GeM Crosses Rs 20 Lakh Crore In…

New Delhi, Aug 8 (KNN) The Government e-Marketplace (GeM) has crossed Rs 20 lakh crore in cumulative Gross Merchandise Value…

Customs Duty On Most Items To Fall To Single Digits By FY28: FM Sitharaman

Customs Duty On Most Items To Fall…

New Delhi, Aug 7 (KNN) The government plans to continue rationalising tariff structures and aims to bring Customs duty on most…

Lok Sabha Clears Taxation and Other Laws (Amendment) Bill; Push For Foreign Investment And Manufacturing

Lok Sabha Clears Taxation and Other Laws…

New Delhi, Aug 7 (KNN) The Lok Sabha on Thursday passed the Taxation and Other Laws (Amendment) Bill, 2026, without debate.…

DPIIT Partners With Cars24 To Support Startups With AI, Funding And Mentorship

DPIIT Partners With Cars24 To Support Startups…

New Delhi, Aug 7 (KNN) Gurugram-based Cars24 has signed a memorandum of understanding (MoU) with the Department for Promotion…

Indian Auto LPG Coalition Seeks Govt Push For Retrofit Policy To Tackle Rising Emissions

Indian Auto LPG Coalition Seeks Govt Push…

New Delhi, Aug 7 (KNN) The Indian Auto LPG Coalition (IAC) has urged the government to introduce a dedicated, time-bound national…

India’s Bank Credit Growth Pegged At 14% For FY27; Pace Likely To Ease In H2: HSBC Report

India’s Bank Credit Growth Pegged At 14%…

New Delhi, Aug 7 (KNN) India’s bank credit growth is expected to remain robust at around 14 per cent in FY27, according…

India’s Defence Sector To Reach Rs 3 Lakh Crore By FY29: CareEdge Ratings

India’s Defence Sector To Reach Rs 3…

New Delhi, Aug 7 (KNN) India’s defence sector is projected to grow from Rs 1.78 lakh crore in FY26 to Rs 3 lakh crore…

India Pushes BRICS Trade Receivables Discounting System To Support MSMEs

India Pushes BRICS Trade Receivables Discounting System…

New Delhi, Aug 7 (KNN) India has proposed a study to establish a BRICS Trade Receivables Discounting System aimed at addressing…

Waterlogging Disrupts Industrial Operations In Gurugram, Industry Seeks Action

Waterlogging Disrupts Industrial Operations In Gurugram, Industry…

Gurugram, Aug 7 (KNN) Waterlogging following rainfall has disrupted industrial operations in Gurugram's Sector 16 and IMT…

Parliamentary Panel Urges Early India-US Trade Pact, Safeguards For Exporters

Parliamentary Panel Urges Early India-US Trade Pact,…

New Delhi, Aug 7 (KNN) The Parliamentary Standing Committee on Commerce has urged the government to conclude the proposed India-United…

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