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MP HC Sets Aside FIR In Property Case, Calls It Purely Civil Matter

New Delhi, May 16 (KNN) The Madhya Pradesh High Court has reiterated that disputes arising purely from commercial transactions cannot be converted into criminal prosecution, quashing an FIR filed for cheating and criminal breach of trust in a property dispute case.

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MSME GNPA Falls To 3.3%, Pace Of Improvement Slows: CareEdge

New Delhi, May 16 (KNN) The gross non-performing assets (GNPA) ratio of small businesses has improved significantly, declining to 3.3 percent by September 2026 from 11 percent in FY20, driven by recoveries, loan upgrades and moderation in fresh slippages, according to a report by CareEdge Ratings.

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Govt Unveils India’s First SME Semiconductor Facility In Rajasthan

Jaipur, May 16 (KNN) Union Minister for Electronics and Information Technology Ashwini Vaishnaw virtually inaugurated the semiconductor ATMP/OSAT facility of Sahasra Semiconductors — India's first small and medium enterprise (SME) to commence commercial production of semiconductor chips, along with the Electronics Manufacturing Cluster (EMC) developed by ELCINA.

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NITI Aayog Launches Women Entrepreneurship Platform Chapter In Goa

Panaji, May 16 (KNN) The government think-tank NITI Aayog has launched the Goa chapter of the Women Entrepreneurship Platform (WEP) at Lok Bhawan, Goa, aimed at strengthening women-led entrepreneurship in the state.

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West Asia Conflict Keeps India's Financial Conditions Under Stress As Inflation Edges Up: Crisil Intelligence

New Delhi, May 16 (KNN) India's retail inflation rose marginally to 3.48 per cent in April 2026 from 3.40 per cent in March, while financial conditions remained significantly tighter than historical averages, according to a Crisil Intelligence report. 

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India, UK Working To Settle Steel Issue Ahead Of Trade Pact Rollout: Commerce Secy

New Delhi, May 16 (KNN) India and the United Kingdom are working to resolve differences over Britain’s new steel safeguard measure, which has emerged as the key obstacle to bringing their landmark Comprehensive Economic and Trade Agreement (CETA) into force. 

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Commerce Ministry To Set Up Integrated Hub In Mumbai To Cut Costs, Boost Efficiency

Mumbai, May 16 (KNN) Union Commerce and Industry Minister Piyush Goyal on Friday unveiled plans to consolidate all arms and offices of the Ministry of Commerce and Industry in Mumbai into a single, integrated facility, in a move aimed at reducing administrative costs, improving efficiency, and making government more accessible to businesses and citizens.

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India Exports Jump 13.6% To USD 80.8 Bn In April 2026; Imports Hit USD 88.61 Bn

New Delhi, May 16 (KNN) India’s total exports of merchandise and services reached an estimated USD 80.80 billion in April 2026, marking a 13.59 per cent increase from USD 71.13 billion in April 2025, according to data released by the Commerce & Industry Ministry.

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India, UAE Sign Defence, Energy & Maritime Deals; USD 5 Bn Investment Announced

New Delhi, May 16 (KNN) Prime Minister Narendra Modi and UAE President Sheikh Mohammed bin Zayed Al Nahyan on Friday signed a wide-ranging set of agreements spanning defence, energy, trade, technology, and maritime cooperation, anchored by a USD 5 billion investment commitment from UAE entities into India.

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Fuel Price Hike Necessary For Energy Security: CAIT Secretary General

New Delhi, May 16 (KNN) Delhi-based Confederation of All India Traders (CAIT) has termed the recent increase in petrol and diesel prices a balanced decision aimed at protecting India’s energy security and economic stability amid global uncertainty.

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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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