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India’s Online Retail Market Returns To Normalcy Post Festive Buying Spree: Redseer Report

New Delhi, Oct 22 (KNN) India’s online retail market is gradually becoming more stable, moving beyond its earlier dependence on festive season sales, according to a new report by Redseer Consulting. 

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India Among Fastest-Growing Renewable Energy Markets, Installed Renewable Capacity Up Five-fold Since 2014

New Delhi, Oct 22 (KNN) India is emerging as one of the world’s fastest-growing renewable energy markets, adding between 15–25 gigawatts (GW) of clean energy capacity every year, according to the Ministry of New and Renewable Energy (MNRE).

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Reduction in GST Tilts Balance In Favour of Imported Exercise & Note Books: IPMA

New Delhi, Oct 22 (KNN) India’s domestic paper industry has raised concerns that recent Goods and Services Tax (GST) reforms could lead to a surge in cheap paper imports, hurting local manufacturers. 

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Global Aircraft Lessors Oppose India’s Draft Rules on Jet Repossession Dues

New Delhi, Oct 22 (KNN) Global aircraft lessors have voiced strong opposition to India’s proposed aviation regulations, arguing that the new rules could make it harder for them to reclaim leased aircraft from financially distressed airlines.

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Govt Unveils AI Playbooks Targeting Agriculture, SMEs & Sandbox Ecosystem

New Delhi, Oct 22 (KNN) Ajay Kumar Sood, Principal Scientific Adviser (PSA), Government of India, launched three key publications under the AI for India 2030 initiative, led by the Centre for the Fourth Industrial Revolution (C4IR) India, World Economic Forum (WEF).

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India’s Policy, Tech & Funding Edge Drives Regional Leadership In Renewable Energy: S&P Global

New Delhi, Oct 22 (KNN) India is emerging as a frontrunner in renewable energy adoption in South and Southeast Asia, significantly outpacing traditional coal-based generation, according to a report by S&P Global Ratings.

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India’s Renewable Energy Sector Moves Towards Consolidation and Integration: MNRE

New Delhi, Oct 22 (KNN) The Ministry of New and Renewable Energy (MNRE) emphasised that India’s renewable energy sector is entering a new phase of strategic consolidation, shifting focus from rapid capacity addition to system integration and reliability.

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SME IPO Market Faces Volatility With Sharp Listing Gains Followed By Quick Declines: RBI Study

New Delhi, Oct 22 (KNN) A Reserve Bank of India (RBI) study has highlighted growing volatility and signs of overvaluation in India’s small and medium enterprise (SME) initial public offering (IPO) market, even as the segment experiences a sharp rise in activity driven by retail investors.

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Supreme Court Delivers Major Relief To Businesses, Rules Buyers Not Liable For Suppliers’ Tax Defaults

New Delhi, Oct 22 (KNN) The Supreme Court of India delivered a landmark judgment in the case of Shanti Kiran India Pvt. Ltd. on October 9, providing much-needed relief to taxpayers. 

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Karnataka Grameena Bank To Boost MSME & Agriculture Lending: FM Sitharaman

Bengaluru, Oct 22 (KNN) Finance Minister Nirmala Sitharaman chaired a review meeting on the business performance of Karnataka Grameena Bank (KaGB). 

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Media Coverage

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The Hindu

A centre of excellence planned in Delhi for SMEs

The Federation of Indian Micro, Small and Medium Enterprises (FISME) and financial institution IFCI plan to set up a “Centre of Excellence for Aspiring SMEs”. A delegation from the FISME recently met Union Finance Minister Nirmala Sitharaman in this regard.

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Financial Express

MSME delegation urges FM Nirmala Sitharaman to prioritize medium enterprises for economic growth

FISME proposed the setting up of the “Center of Excellence for Aspiring SMEs,” which will help foster growth and development by access to the latest technologies, and strategic partnership between Indian SMEs and foreign companies, with a special focus on Joint Ventures with Japan, South Korea and Taiwan.

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