Page 6 - Msmes

Rising fuel prices further dent stressed sectors of India's economy

Central and state governments have hiked taxes on fuels, pushing retail fuel prices to record highs in most of the country.

Non-bank financial entities' restructured loans to rise 3.3% by March: ICRA

Covid-19 and lockdowns to slow down its spread have affected the cash flow of borrowers, says agency

Amazon launches Digital Kendra to empower Indian businesses with e-commerce

It will help MSMEs recover their businesses from the recent challenges, bring benefits of e-commerce and help them reach customers in India and globally.

KTR writes to Sitharaman, seeks Centre's support for MSMEs in Telangana

Telangana IT and Industries Minister KT Rama Rao wrote to Union Finance Minister Nirmala Sitharaman, seeking support for the Micro, Small and Medium Enterprises in the state amid the pandemic

Manufacturing trouble: Covid robs Moradabad's Brass City of its polish

SMEs struggling, recovery slow; rise in key raw material cost hurting exporters

Second wave of the Covid-19 pandemic throws auto SMEs out of gear

Hope rests on exports and festive season accelerating recovery

Textile trading comes to a standstill in Surat amid second Covid-19 wave

The second wave of the pandemic has hit the medium- and small-scale sector like a tsunami. The first of a five-part series looks at the crisis

Playing field: India's toy story needs govt strongly backing the game

80% toys still imported, mostly from China; local industry suffers from lack of scale and innovation

Valuation of SBI, subsidiaries can be better: Chairman Dinesh Kumar Khara

The early numbers indicate that we have seen traction in the retail book. But, not much traction was seen in the corporate book, said Dinesh Khara, Chairman, SBI

PM Modi calls inclusion of retail, wholesale trade as MSMEs 'landmark' step

Prime Minister Narendra Modi on Saturday termed the inclusion a 'landmark' step and said that the move would help boost traders business and would also give them various benefits

Centre includes retail and wholesale under MSMEs, to benefit 25 mn traders

MSME Minister Nitin Gadkari said the decision would make such traders eligible for finance under priority sectors classified by the Reserve Bank of India (RBI)

Govt announces inclusion of retail and wholesale trades under MSMEs

The revised guidelines will benefit millions of retail and wholesale traders.

GAME partners with SIDBI to help MSMEs revive biz amid pandemic

The Global Alliance for Mass Entrepreneurship (GAME) and SIDBI have signed a pact to help micro, small and medium enterprises (MSMEs) address their challenges that were accentuated during the pandemic

Nearly 73% SMBs unable to report profit due to lockdown: study

As many as 63 million micro, small enterprises and 40 million self-employed individuals were present in the country, the report said.

More firms to come under ambit of small and medium sized companies

In a notification, the ministry defined a small and medium sized company as an entity whose equity or debt securities are not listed or are not in the process of listing on any stock exchange

MSME body seeks intervention of PM on rising raw material prices

This is in connection to rising prices of raw materials such as steel, iron ore, aluminum, copper, plastics and paper.

Covid-19 crisis: Relief for MSME promoters under debt scheme likely

The government had, in May last year, announced a slew of measures to help MSMEs tide through the Covid-19 crisis.

NDA's Bermuda Triangle

The government has to generate a huge amount of employment without giving an upward push to inflation, while keeping subsistence spending intact

Khadi sales decline 16% to Rs 3,527.71 cr in 2020-21: MSME Ministry

The production activities remained suspended for more than three months during the nationwide lockdown announced on March 25 last year.

We didn't expect flood of insolvency cases, says IBBI chairman M S Sahoo

He also said that not many applications had been filed under the prepackaged scheme brought in for micro, small and medium enterprises (MSMEs)