Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-federation-fisme-cautions-businesses-against-alleged-unethical-practices-by-axis-bank/2665632/?utm_source=sme_landing_page&utm_medium=article_listing_widget&utm_campaign=Tags Credit and Finance for MSMEs: According to FISME, Axis Bank may levy fake claims in the name of ‘non-compliance charges’ against its MSME
Month: September 2022
Paytm’s total merchant base goes up 8 million in 14 months | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/paytms-total-merchant-base-goes-up-8-million-in-14-monthsnbsp/2671513/ “Every quarter we are deploying an additional one million such devices in India,” he claimed. Paytm is facilitating monthly peer-to-merchants transactions worth over
5 ways fintechs can help MSMEs solve their creditworthiness issues | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-5-ways-fintechs-can-help-msmes-solve-their-creditworthiness-issues/2671341/ Credit and finance for MSMEs: While there was an expected dip in credit demand during the roughest years of the pandemic, the MSME
Key GST related issues MSMEs must convey to govt for resolution | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-key-gst-related-issues-msmes-must-convey-to-govt-for-resolution/2671304/?utm_source=most_read_widget&utm_medium=endofarticlelinks&utm_campaign=Engagement Ease of Doing Business for MSMEs: Since GST is a destination-based tax, it is suggested to consider postponement of the taxation on stock
Inflation easing but stay cautious: Finance ministry report | The Financial Express
Clipped from: https://www.financialexpress.com/economy/inflation-easing-but-stay-cautious-finance-ministry-report/2672145/ Says soaring consumer sentiment, rising employment to sustain growth. While retail inflation dropped from 7.79% in April to 7% in August, wholesale price
Is a line of credit right for your business recession plan? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/is-a-line-of-credit-right-for-your-business-recession-plan/articleshow/94236658.cms Synopsis One option to consider is to apply for a business line of credit — even if you don’t need it right now.
PM Modi launches National Logistics Policy (NLP), strengthen India’s supply chain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/pm-modi-launches-national-logistics-policy-nlp-strengthen-indias-supply-chain/articleshow/94269540.cms Synopsis One of its key objectives would be to make Indian logistics competitive in terms of global standards. Some key thrusts include, IDS
zeptos: I was laughed out of investor meetings, they said 10-min delivery won’t work: Zepto’s Aadit Palicha – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/i-was-laughed-out-of-investor-meetings-they-said-10-min-delivery-wont-work-zeptos-aadit-palicha/primearticleshow/94136245.cms Synopsis“We sensed that the market was tanking. I was very clear that 60 days later it was not going to be available,” says
Russia Sanctions Impact: How sanctions are hurting the West more than Russia, and why it is good news for India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/energy/how-sanctions-are-hurting-the-west-more-than-russia-and-why-it-is-good-news-for-india/primearticleshow/94159791.cms SynopsisRussia is frequently halting gas supplies to the EU through Nord Stream 1. As EU reels from skyrocketing energy prices, Russia’s gas revenues
Accenture | TCS: Accenture is mining USD14 billion in interactive gold. Now TCS, Infosys, et al. are digging, too.
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/accenture-is-mining-usd14-billion-in-interactive-gold-now-tcs-infosys-et-al-are-digging-too-/primearticleshow/94130046.cms SynopsisAdvertising and IT are entirely different businesses. In 2009, Accenture decided to bring them together, buying a slew of creative agencies. Other Indian
fed: The Fed in Wonderland: Quantitative easing, tightening are much like Alice’s Eat Me, Drink Me game – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/the-fed-in-wonderland-quantitative-easing-tightening-are-much-like-alices-eat-me-drink-me-game/primearticleshow/94082716.cms SynopsisAfter keeping interest rates low for years, the US Federal Reserve has taken to quantitative tightening. From September 1, the Fed started to
After demerger of pharma business, up to 37% upside seen in Piramal Enterprises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/after-demerger-of-pharma-business-up-to-37-upside-seen-in-piramal-enterprises/articleshow/94267010.cms Synopsis The management will now be looking to scale up its loan book, which will entail a consolidation in the wholesale book and
Ease of doing business: ‘Small company’ limits relaxed further – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/ease-of-doing-business-small-company-limits-relaxed-further/articleshow/94256665.cms Synopsis Small companies are not required to include cash flow statements in their financial reports, need hold only two board meetings a year
income tax compounding: Income Tax department relaxes norms for compounding of offence – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/income-tax-department-relaxes-norms-for-compounding-of-offence/articleshow/94273116.cms Synopsis Issuing the revised guidelines for Compounding of offences under the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT) said: “The
China exports: Chinese economy’s export pillar shows cracks from global slowdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/chinese-economys-export-pillar-shows-cracks-from-global-slowdown/articleshow/94236918.cms Synopsis Alarm bells sounded for China’s $18 trillion economy when trade data last week showed export growth well short of expectations and slowing
Eat and learn: The Hindu Editorial on Tamil Nadu’s breakfast scheme in schools – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/eat-and-learn-the-hindu-editorial-on-tamil-nadus-breakfast-scheme-in-schools/article65899065.ece T.N.’s breakfast scheme is a good model for other States to follow T.N.’s breakfast scheme is a good model for other States to
An opportunity for India Inc – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/an-opportunity-for-india-inc/article65886334.ece Corporate India’s response to the country’s job crisis has been more symbolic than substantial Ola, Uber and Fastrack cabs drivers park their vehicles
FII buying trends in India: With current resilience in domestic, global markets, will buying sustain? | The Financial Express
Clipped from: https://www.financialexpress.com/market/fii-buying-trends-in-india-with-current-resilience-in-domestic-global-markets-will-buying-sustain/2669358/ The net FII flows in this calendar year may remain negative, though the trend now seems to be reversing. The FIIs seek and
Trade deficit may remain high in near-term; exports outlook weak, RBI’s tightening to slow import growth | The Financial Express
Clipped from: https://www.financialexpress.com/economy/trade-deficit-may-remain-high-in-near-term-exports-outlook-weak-rbis-tightening-to-slow-import-growth/2669298/ According to analysts at Edelweiss Securities, the outlook for exports remains subdued, and the trade deficit may narrow going forward. RBI’s tightening is
RBI net-sold $19.05 billion in forex market in July to protect rupee | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-net-sold-19-05-billion-in-forex-market-in-july-to-protect-rupee-122091601304_1.html RBI’s forward purchases fell $9 bln in July as interventions spread across spot, forwards Photo: Bloomberg The Reserve Bank of India (RBI) net sold $19.05
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