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Atmanirbhar Bharat: Another 164 defence items indigenised, total at 2,736
Defence Public Sector Undertakings (DPSUs) have successfully indigenized these defense-related products either internally or through industry partners, including MSMEs
Budget 2023: Proposals give wings to retail sector to soar to newer heights
Relaxation of tax provisions and the increased cash flows in the hands of individuals is another boon for the industry
DBS Bank India aims to expand gold and MSME loan business; details here
DBS Bank India has presently a strong presence in the Indian market, and benefits from the network's expansion across sectors like gold loans, have begun to emerge
Biggest challenge to the MSMEs is unavailability of timely capital: MSME Export Promotion Council
MSME units in rural areas, notably art and craft and agro-based units, are suffering for survival more than MSMEs in metro and urban centres. There is an urgent need for developing alternative sources of funding to solve availability of timely, competitive credit
MSME sector records credit growth of 14% in 2022-23, says SBI Research report
SBI Research said in its weekly report ‘Ecowrap’ that the sector has expanded by Rs 52,800 crore against degrowth of Rs 61,000 crore during the similar period of the previous year
Budget 2022: GST parity, a key to empower India's MSMEs
Budget 2022: The e-commerce industry expects the Centre to address some of the real and perceived compliance challenges around digitisation, simplify GST system and rationalise rates
E-commerce has a key role to play in tackling India's greatest concern: Lack of jobs
E-commerce is providing opportunities to a new generation of digital entrepreneurs, who have been forced to start their own businesses following job losses.
Centre revises MSMEs guidelines, to include retail and wholesale trade under sector; key points
Minister of Micro, Small and Medium Enterprise and Road Transport and Highways Nitin Gadkari said that the revised guidelines will benefit 2.5 crore retail and wholesale traders
MSME Udyam Portal: Check steps to register small businesses on cost-free platform here
MSME Udyam Portal: Check steps to register small businesses on cost-free platform here
Why reliable electricity is key to revitalise pandemic-hit MSMEs and boost Indian economy
As the MSME sector accounts for around 30 percent of India’s GDP, the provision of clean and uninterrupted electricity will provide a huge fillip to micro-entrepreneurs in rural areas
Nitin Gadkari launches Indian Bank's 'MSME Prerana' programme in Maharashtra; check details here
MSME Prerana program has been launched with an objective to develop the financial and managerial capabilities of the MSME entrepreneurs, apart from creating awareness on government initiatives
International MSMEs Day 2021: All you need to know about day that marks recognition of small businesses
The UN resolution passed in April 2017 stressed the importance of encouraging formalisation of MSME segment that accounts for over 90% of all firms globally, around 70% of total employment
80% of India's informal workers lost jobs during COVID lockdown, 63% survived on two meals a day, shows data
Government needs to take action regarding job security, social security benefits, food security, health benefits, and safety in the informal sector in such a way that it not only manages the current crisis, but also immunises the sector from future shocks
Union Budget 2021: US business advocacy group urges Nirmala Sitharaman to lower tariff to compete with RCEP
India had walked out of the RCEP, a 14-member group led by China, as negotiations failed to address New Delhi's outstanding issues and concerns
Amazon needs to level the playing field and ensure fair competition
The authorities must make Amazon clear the air on the systems it has put in place to ensure that its online marketplace benefits all sellers equally and does not restrict choices available to customers.
Atmanirbhar Bharat need of the hour, every Indian entrepreneur will battle challenges with fresh spirit: KV Kamath tells Network18
India is a land of opportunities and so there is going to be no shortage of things to do which is unlike several other countries, veteran banker KV Kamath tells Network18, Group Editor-in-Chief, Rahul Joshi in an exclusive interview.
Bosch Q4 net profit down 80% at Rs 81 cr; says results in line with downward trend in automotive industry
During the quarter, Bosch made an incremental provision of Rs 297 crore as part of an overall provision of Rs 717 crore towards various restructuring, reskilling and redeployment initiatives for 2019-20.
COVID-19 Impact: Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal, says India Ratings
While bad loans from the corporate sector may rise by Rs 3.4 lakh crore, for non-corporate segments it may increase by Rs 2.1 lakh crore in FY21, India Ratings and Research said in the report
Govt notifies changes in rules disallowing global tender for procurement up to Rs 200 cr; move to benefit MSMEs
The government has notified amendments to General Financial Rules (GFR) to ensure that goods and services valued less than Rs 200 crore are being procured from domestic firms, a move which will benefit MSMEs
Coronavirus Lockdown: Cabinet approves Rs 3 lakh cr emergency credit line for MSME; loans at 9.25% rate
The Union Cabinet on Wednesday approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25 per cent through the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector hit hard by the coronavirus crisis