No menu items!
Saturday, November 23, 2024

Latest News

RBI launches guidelines on restructuring MSMEs loans-permits restructuring of debt up to Rs 25 crore

MSMEs frame an essential segment of the Indian economy and contribute fundamentally to the nation's industrial output, GDP, exports, employment generation and so forth. Considering the significance of MSMEs in the Indian economy, it is viewed as vital at...

RBI Governor Shaktikanta Das to meet MSME, NBFC agents next week

RBI Governor Shaktikanta Das on Wednesday said he will meet delegates of MSMEs and non-banking financial companies (NBFC) next week A  day after the RBI declared a one-time credit rebuilding plan for the MSME division, Das in a tweet stated,...

Maharashtra Industry bodies are opposing raised industrial power tariff

The current hike in industrial power tariff appeared to be not going down well with the regional industry as a number of bodies and associations of entrepreneurs are claiming that they are distressing due to it. The representatives of...

Reduction of GST rates – Impact on SMEs and Government

The 31st GST council meeting was successfully fulfilled regarding the central government’s objective of cutting GST rates. In this meeting the decision was taken to reduce GST rates more than 20 goods and other services. Besides reduction in rates, the...

NBFCs recommence loan payments as liquidity position improves

As per reports, NBFCs have continued payment of existing loans and notwithstanding endorsing fresh credit to their clients as their liquidity position has enhanced as of late with mutual funds continuing loaning to these organizations. NBFCs like Dewan Housing Finance...

Food startups and MSMEs can create employment opportunities for Manipur youth

Startups and MSMEs in Food processing sector will help produce job opportunities in Manipur, and will put the state in a quick development direction, said Dr.Najma Heptulla, the Governor of Manipur at an ASSOCHAM conference held in Imphal today. While...

“SMEs should give foremost priority for the investment in technology”-Kishor B Rathi, MASSIA

Marathwada Association of Small Scale Industries and Agriculture (MASSIA) has been steadily advancing and consolidating its activities. It has been focused to take entrepreneurs to the next level.  In a candid interview with SME Venture, Mr. Kishor B.Rathi ,...

Current Challenges and opportunities for the SMEs in India

Currently, there are More than 50 million SMEs exist in our country India. The SME sector has developed powerfully by contributing 40% of the nation's exports and generating millions of occupations every year. The SME sector has a great deal...

Future Financial Challenges and Opportunities for Small Businesses

While the economy has bounced back from the Great Recession, we can find big banks still just support about a fourth of the small business loan applications. Numerous organizations are encountering expanded chances and financing. However, small businesses aren't...

New RBI Governor tries to Lend Extended Support to the Indian MSME sector

Newly appointed governor of RBI Shaktikanta Das sought to comprehend from heads of state owned lenders whether there were  any more steps  that could be taken to lend more to the Indian MSME sector. For their division, PSU bank...

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....