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Saturday, November 23, 2024

Latest News

Cos told to disclose dues to MSMEs-Attempt to boost cash flow

In an offer to address the concerns of SMEs  over delayed payments that make genuine income challenges for them, the Narendra Modi-drove government is thinking about to make it obligatory for all organizations to uncover their dues to MSMEs...

Union Budget 2019 – MSMEs might be a preferred project of the Government

Union Budget 2019- MSMEs are the backbone of our Indian economy. Prime Minister of India, Narendra Modi has been focusing on the MSME sector as it is the reason for the economic growth of our country. We can see...

Advancing the SME sector for the development of India’s GDP

As the world’s fastest growing economy, the Indian business ecosystem and SME sector has surpassed China to become the 6th largest economy in the financial year 2017-18, and this growth can be accredited to large industries in the country. Being...

RBI’s loan restructuring scheme impact on an SME development

In a relief to India’s crucial micro, small and medium enterprises (MSMEs), the Reserve Bank of India (RBI) has introduced a one-time loan restructuring scheme for the borrowers with the total fund and non-fund based exposure of up to...

External Commercial Borrowings now made easy as RBI relaxes norms

The Reserve Bank of India (RBI) on Wednesday reported another system for External Commercial Borrowings (ECBs) and rupee-denominated bonds in an offer to enhance the simplicity of working together. According to the new structure, every single qualified borrower would...

What reducing GST compliance rules imply for credit ratings of SMEs

Expert specialists state this relaxation alongside an expanded threshold for composition plan would urge more SMEs to document returns and more organizations to settle on this plan. It's preferable late over never. News of rearrangements of the Goods and...

The major things you can expect in Short-term Budget 2018-19

Finance Minister Arun Jaitley is prepared to offer the sixth Union Budget in February. This budget will be temporary. However, there are a lot of surprises in the budget planning card which might be related to GST and demonetization It...

RBI Governor’s evaluation on SME Loans: making of revival scheme for MSMEs

To explain about the credit and finance issues being faced by MSME sector, industry chambers representing a wide section of the Micro and Small & Medium Enterprises (MSME) and met RBI Governor Shaktikanta Das on Monday. Seeking the Central Bank’s...

ICICI bank, small business FinCredit partner to offer loans to MSMEs

ICICI  bank on Friday inked a memorandum of understanding with Small Business FinCredit India Pvt Ltd (SBFC). It has been declared that it has signed a memorandum of understanding (MoU) with small  business FinCredit India and NBFC for entrepreneurs to...

Adoption of Big Data Analytics in SMEs

Data is a very esteemed resource in the present associated world and is developing in volume more than ever. Ventures over the spectrum, from multinationals to SMEs are investigating avenues to burden and exploit the data. The utilization of...

Latest News

GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....