News & Media Updates
New Delhi, Jul 3 (KNN) The Asian Development Bank (ADB) has approved a USD 170 million policy-based loan to India, aimed at enhancing the country's health system preparedness for future pandemics, according to the Union Ministry of Finance.
Read MoreNew Delhi, Jul 2 (KNN) India's Goods and Services Tax (GST) collections growth decelerated to a three-year low in June, according to unofficial sources.
Read MoreNew Delhi, Jul 2 (KNN) The Ministry of Commerce has initiated interdepartmental consultations on a series of proposed measures aimed at revitalising Special Economic Zones (SEZs) and enhancing their interaction with the domestic market, according to a senior ministry official.
Read MoreNew Delhi, Jul 1 (KNN) In a recent statement, India's Commerce and Industry Minister Piyush Goyal expressed optimism about the country's economic outlook, citing several positive indicators.
Read MoreNew Delhi, Jul 1 (KNN) India's retail sector is experiencing a significant boost in investor confidence, with funding increasing by 32 per cent to USD 1.63 billion in the first half of 2024.
Read MoreNew Delhi, Jun 29 (KNN) The Reserve Bank of India (RBI) announced on Friday a significant increase in the aggregate Ways and Means Advances (WMA) limit for state governments and Union Territories. Effective July 1, 2024, the new limit will be Rs 60,118 crore, up fr0m the current Rs 47,010 crore.
Read MoreNew Delhi, Jun 29 (KNN) The Union Finance Ministry announced on Friday that interest rates for small savings schemes will remain unchanged for the July-September quarter, maintaining the levels set for the previous quarter.
Read MoreNew Delhi, Jun 29 (KNN) The Indian government reported a slight deceleration in the growth of eight key infrastructure industries, known as the core sector, for May 2024.
Read MoreNew Delhi, Jun 27 (KNN) Reserve Bank of India (RBI) Governor Shaktikanta Das has expressed optimism about the Indian economy's potential for sustained 8 per cent growth, while emphasising the critical importance of maintaining a vigilant approach to monetary policy.
Read MoreNew Delhi, Jun 27 (KNN) The Indian government has announced a series of measures to allow limited imports of key agricultural commodities under tariff-rate quotas (TRQs), aiming to curb rising food inflation.
Read MoreA 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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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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