MSME competitive scheme part of efforts to strengthen sector: PM Modi

[ad_1] PM Narendra Modi. | Photo Credit: ANI Prime Minister Narendra Modi on March 13 said the government’s MSME Competitive (LEAN) scheme is a part of its efforts to strengthen the MSME sector, which is a key pillar of India’s economic growth. The government on March 10 launched the revamped MSME Competitive (LEAN) scheme to […]

Continue Reading

India to be fastest growing major economy in the world in 2023 with at least 7% growth, says Jaishankar on Riyadh visit

[ad_1] Mr. Jaishankar arrived September 10 for a three-day visit to Saudi Arabia to discuss ways to further strengthen relations between the two countries. Mr. Jaishankar arrived September 10 for a three-day visit to Saudi Arabia to discuss ways to further strengthen relations between the two countries. India has made powerful efforts to grow its […]

Continue Reading

Banks’ NPA ratio likely to fall to 5-5.55% by March 2024: S&P Global

[ad_1] S&P Global Ratings on Thursday said non-performing loans of banks are expected to decline to 5-5.5% of the total advances by March 2024. As per the latest Financial Stability Report published by the RBI, the gross non-performing assets (GNPA) declined to a six-year low of 5.9% in March 2022. “We project the banking sector’s […]

Continue Reading

India would become $5 trillion economy by 2026-27, says CEA

[ad_1] Chief Economic Adviser V. Anantha Nageswaran said India is relatively better placed than other emerging economies Chief Economic Adviser V. Anantha Nageswaran said India is relatively better placed than other emerging economies Chief Economic Adviser (CEA) V. Anantha Nageswaran on June 14 said India would become a $5 trillion economy by 2026-27 and $10 trillion […]

Continue Reading