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Govt to announce second relief package for MSMEs: Sources
Thu, Apr 16, 2020
According to sources, Finance Minister Nirmala Sitharaman met PM Modi as the central government plans to announce a second economic relief package for the MSME sector.
Big Paytm boost for small business! Launches All-in-One Android POS
Tue, Feb 04, 2020
Paytm Alert: India's largest payments platform Paytm today announced the launch of All-in-One Android POS device for merchant partners across the country.
Budget 2020 with Zee: Top 5 expectations that MSMEs want FM Nirmala Sitharaman to deliver on
Fri, Jan 31, 2020
Budget 2020 with Zee: MSMEs are also looking at Sotharaman with great hope as she is expected to make some big announcement for job creation.
Budget 2020: Gifts that small business sector wants from Nirmala Sitharaman on February 1
Thu, Jan 23, 2020
Budget 2020: Small business players are demanding the removal of tax-related hassles like limitations on the carry forward and set off losses.
Walmart introduces Supplier development program "Vridhi scheme''
Mon, Dec 09, 2019
Walmart introduces Supplier development program for MSMEs in India, named as Vridhi scheme.
ClearTax acquires Dose FM, set to expand services to SMEs and individuals
Fri, Oct 18, 2019
“With small businesses comprising a staggering 99.6% of total businesses across India, ClearTax will soon introduce best-in-class solutions focussed on solving their accounting, analytics and governance problems,” said Archit Gupta.
Forex credit to exporters at below 4% on anvil: Piyush Goyal
Thu, Sep 12, 2019
Commerce Minister Piyush Goyal said the soon to be issued norms on foreign exchange export credits to exporters could be pegged below 4 per cent in order to boost exports.
CBIC asks officers to meet GST refund target
Mon, Sep 02, 2019
In a swift action following Finance Minister Nirmala Sitharaman`s promise to clear all pending GST refunds of micro, small and medium enterprises (MSMEs) within 30 days, Central Board of Indirect Taxes and Customs (CBIC) has prodded its field officers to make "all possible efforts to successfully realise this target."
Google Cloud-enabled app helping small farmers in India
Mon, Sep 02, 2019
The firm now uses Cloud-based analytics and is deploying machine learning (ML) models to provide timely advice in five languages -- from seed optimization, crop rotation and soil nutrition to pest control and commodity price forecasting to small farmers.
Credit to small firms: Government in discussions with multiple foreign lenders
Sat, Jul 20, 2019
A spokesman for World Bank in India on Saturday said the discussions with the government were in the early stages, adding that "further rounds of consultations will help us define the contours of this collaboration".
Centre targets 50% contribution to GDP from MSME sector, says Nitin Gadkari
Thu, Jul 04, 2019
The Minister made the announcement during Question Hour and rejected opposition objections in this regard, saying "it was not just his tall claims".
MSME segment is one of the most potent growth engines for Indian economy: Rashesh Shah
Wed, Jul 03, 2019
Rashesh Shah, Chairman and CEO, Edelweiss Group said, “India’s MSME segment is one of the most potent growth engines for the Indian economy, contributing significantly to GDP and playing a vital role in employment generation and overall economic activity.
With Monsoon firmly set, Budget 2019 seen as a forthcoming blessing; SBI Ecowrap explains why
Tue, Jul 02, 2019
SBI Ecowrap in its research note on Tuesday said that emphasis should be on making country-mandated fiscal rules that are credible and achievable.
Credit availability to MSMEs: Govt asks heads of PSBs to do analysis of the progress
Fri, Jun 28, 2019
Prime Minister Modi on November 2, 2018 launched an MSME outreach initiative to provide access to credit, access to market, technology up-gradation, ease of doing business and a sense of security for employees of MSMEs. In order to consolidate gains of the outreach campaign, the government has decided to take the initiative further.
RBI panel on MSMEs suggests distressed asset fund of Rs 5000 cr for small businesses
Wed, Jun 26, 2019
The RBI panel report asked the Small Industries Development Bank of India, which is the apex body responsible for the development of the MSME sector, to have a larger role.
EEPC India urges RBI to facilitate easy bank loans for MSME exporters
Thu, May 09, 2019
The EEPC India has suggested to the RBI that the interest equalisation scheme for the exporters become horizontal in nature by covering the entire MSME sector, so that the linkage with exports goes away and does not fall foul of the WTO's norms as well.
This startup which aids MSMEs reaches Rs 1000 cr in AUM
Thu, Apr 25, 2019
Aye Finance has disbursed over Rs 1700 crores to over 1,25,000 micro enterprises.
Zee Business-SAP Dare to Dream event: Need for tech innovations in auto sector, says NRDC CMD H Purushotham
Tue, Apr 16, 2019
Industry leaders should push for more tech innovations in the auto sector. Whenever there is a push from the industry leaders, growth can be witnessed in the sector, said Dr H Purushotham.
Zee Business-SAP Dare to Dream event to boost SMEs begins; 30 CXOs in attendance
Tue, Apr 16, 2019
The Dare to Dream event, being jointly organised by Zee Business and SAP on April 16 in New Delhi, started with the address by Ramesh Suri, Chairman, Subros. Suri shared his experiences on how he entered business and how the industry has witnessed unprecedented change from then till now.
Zee Business-SAP Dare to Dream event: 30 CXOs, industry experts set to attend empowering platform for SMEs
Mon, Apr 15, 2019
To build SME global competitiveness and foster growth, 30 CXOs and industry experts set to come together for a discussion over breakfast tomorrow in New Delhi.