Tue, Dec 10, 2024
E-commerce giant Amazon on Tuesday announced its commitment to enable USD 80 billion in cumulative exports from India by 2030 and said it has partnered with DPIIT to establish India as a global manufacturing hub.
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Wed, Oct 16, 2024
This investment marks a critical step in UGRO Capital's journey to empower small businesses at the grassroots level and deepen financial inclusion across the country, the NBFC focused on MSME lending said in a statement on Wednesday.
Tue, Sep 10, 2024
According to Dr Rajneesh, additional secretary and development commissioner, Ministry of MSME, several MSMEs needed to register with the government, and it was estimated that there were around 6.5-7 crore MSMEs in the economy and only 1.65 crore MSMEs were registered till last year with the government.
Fri, Jan 11, 2019
Rajeev Chawla, Chairman, IamSMEofIndia told Zee Business online, "Post 2008 corporate profits have gone down drastically and hence the profit of the MSMEs because MSMEs work as vendors to the corporates.
Thu, Jan 10, 2019
There has been a marginal improvement in bad loans among micro-small and medium enterprises (MSME) segment in the year to September 2018, a Sidbi and Cibil said in a report.
In an easing of the compliance burden, the GST Council also decided that those opting for the scheme would need to file their returns only once a year, Jaitley said.
Standing in sync with Navin Raheja; Rakesh Yadav, CMD, Antriksh India told Zee Business online, "Industry status will make credit line easier for the real estate developers, which is one of the major cause for delay in delivery to the home buyers. If it is done this budget, it would help developers coming out of the trap of market loans which are charged at very higher rates, which finally falls on the home buyers."
Tue, Jan 08, 2019
Rajeev Chawla, Chairman, IamSMEofIndia — a platform that fights for the cause of the MSMEs in India — told Zee Business online, "The Indian government is giving Income Tax exemption up to 30 percent to those firms which have an annual turnover of Rs 25-crore or above.
Mon, Jan 07, 2019
Indian MSMEs have demanded from the Narendra Modi-led government at the centre to exempt MSMEs from capital gains for those sold out properties whose money they are investing in their firm.
Sat, Jan 05, 2019
Under the pact, UBI would leverage its low-cost loans with Srei to enable purchase of equipment and vehicles in a seamless manner, a statement by the state-run lender said.
Thu, Jan 03, 2019
The six-member ministerial panel formed to look into issues being faced by MSMEs under GST will meet before the Council meeting on January 6 to finalise its recommendations.
Fri, Dec 28, 2018
This segment of Zee Business brings to you latest updates. Service sector gets GST relief through composition scheme. Watch this video to know more.
Wed, Dec 19, 2018
State-owned MSTC Ltd would start reverse e-auction of onions to aid Nasik farmers who have been reeling under price crash following bumper production, an official said Wednesday.
Wed, Dec 12, 2018
Cloud major Oracle, sees high demand in the Banking, Financial Services and Insurance (BFSI), telecom and manufacturing sectors in India.
Wed, Sep 26, 2018
The Union government on Wednesday launched a new initiative to transform the MSME credit space.
Mon, Aug 27, 2018
The panel, which includes former prime minister Manmohan Singh as a member, wanted to know the reasons of ever-greening of stressed accounts through restructuring schemes of the Reserve Bank of India.
Tue, Aug 21, 2018
The total value of MSME (micro, small and medium enterprises) digital lending will touch $250 billion in next 5 years, as per BCG’s annual FIBAC Productivity report
Sat, Aug 18, 2018
Micro, Small and Medium Enterprises (MSMEs), considered a powerful engine of the country's economic growth, are contributing around 40 per cent of the overall shipments from India.
Wed, Jul 18, 2018
Out of these 43,18,841 are registered as micro, 5,00,942 as small and 19,766 as medium enterprises.
Sun, Jul 01, 2018
Medium Small and Minor enterprises contribute approximately 37% of India's GDP and is considered to be the backbone of the country's economy. After agriculture, this is the second largest employment generation sector of India
Wed, Jun 27, 2018
Union Minister Giriraj Singh today said micro, small and medium enterprises across the country created four crore jobs in the last four years. The MSME minister said a large number of employment opportunities were generated through initiatives like collateral-free loans to 16 lakh entrepreneurs between 2014-18.
Thu, Jun 21, 2018
The credit growth in the MSME sector has been improving as twin effects of demonetisation and GST seem to be subsiding, says a study.
Wed, Jun 20, 2018
Commercial lending stood at Rs 54.2 trillion as of March 2018, with micro and SME segments contributing nearly 23 per cent to overall growth
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