BJP leader and Rajya Sabha MP Subramanian Swamy said that India's Q3 GDP growth would have been -10 per cent using Laspeyres Price Index Number and -15 per cent using Paasche Index, provided guesstimate of negative growth in MSMEs and informal sector were added to GDP

Speaking at an event organised by the Automotive Components Manufacturers Association of India (ACMA), the Minister of Road Transport and Highways said the present levels of localisation of parts in the Indian auto sector is around 70%

The minister observed that a large amount (average Rs 8 and higher per unit) is being paid by the MSMEs for power consumption, which contributes to up to one-fifth of the overall production costs

Rajnath Singh says steps taken by Centre have resulted in staggering 700 per cent growth in defence exports in last six years. FDI in India in defence has jumped by over 200 per cent as Rs 2,871 crore worth FDI has been invested in sector in last six years, he says

In a submission before Finance Minister Nirmala Sitharaman on February 20, CIA pointed out that the biggest concern for MSME at the moment is availability of raw materials in time and at reasonable price

PM Modi said the private sector should be given full opportunity to become part of the government's Aatmanirbhar Bharat programme

With recent reforms opening up doors for enhanced private sector participation in the space sector, ISRO is thrilled to receive several proposals from industries and startups, says ISRO Chairman K Sivan

Former chief statistician Pronab Sen said that even though India's fiscal deficit will go up from 3.5 per cent to 9.5 per cent in the current fiscal ending March, but in terms of the current year's expenditure, the country is pretty much at status quo

With the implementation of the PLI scheme, the government hopes to have incremental production of Rs 2,44,200 crore in the sector, exports worth Rs 1,95,360 crore, 40,000 new jobs, and Rs 17,000 worth of tax revenue in the coming five years

The RBI in its Financial Stability Report, released last month, said GNPAs or gross non-performing assets of NBFCs increased to 6.3 per cent as of March 2020 from 5.3 per cent as of March 2019

PM Modi also laid the foundation stone for the Discovery Campus of IIT Madras. The campus will be built in Thaiyur near Chennai at an estimated cost of Rs 1,000 crore in the first phase spread over an area of two lakh sqm

PM Modi also laid the foundation stone for the Discovery Campus of IIT Madras. The campus will be built in Thaiyur near Chennai at an estimated cost of Rs 1,000 crore in the first phase spread over an area of two lakh sqm

At a function, he also accepted a salute by the state- of-the-art tank, indigenously designed, developed, and manufactured by DRDO's Combat Vehicles Research and Development Establishment here

The minister stressed that the accident cost as a tremendous burden to society and the nation and the estimated cost of a death in a road accident is around Rs 91.16 lakh

Ghosh called for developing infrastructure for agriculture sector to increase farmers' income, and promoting MSMEs to provide a boost to the state's economy.

Responding to another question whether the government would propose to demand the deletion of such data collated by private players, Gadkari answered that no such proposal was under consideration

In 2019, for instance, foreign exchange earnings stood at $29.96 billion and $28.59 billion in the year before that. From January to June 2020, this number reportedly dropped to $6.15 billion

There has been a sharp rise in steel prices since June and there have been complaints from various quarters against this.

In the financial year 2020-21, the Indian rupee (INR) has appreciated by 3.53 per cent till February 2, 2021, as per the information provided by Reserve Bank of India, Thakur said in a written reply to Rajya Sabha

The government has announced several measures under Aatmanirbhar Bharat package to increase availability of credit to the MSME sector, added MSME Minister Nitin Gadkari