Clipped from: https://www.financialexpress.com/industry/sme/start-up-funding-touches-new-high-in-2021/2235563/ Besides large venture capital funds like Prosus Ventures, Tiger Global and SoftBank that have made big bets on a bunch of local start-ups,
Category: Economy
Export hubs urge migrant workers not to leave – The Financial Express–*****
Clipped from: https://www.financialexpress.com/economy/export-hubs-urge-migrant-workers-not-to-leave/2235571/ Large-scale migration following a pan-India lockdown in March last year had not just wrought havoc on the workers themselves but also crippled the
Salaried jobs lost: 10 million & counting – The Financial Express
Clipped from: https://www.financialexpress.com/economy/salaried-jobs-lost-10-million-counting/2235600/ Vyas estimates that overall there has been a 20% loss of household income saying it’s unlikely there would have been any improvement in
‘Any disruption in MSMEs’ sales amid second Covid wave to be detrimental to their survival this time’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-any-disruption-in-msmes-sales-amid-second-covid-wave-to-be-detrimental-to-their-survival-this-time/2235443/ Ease of Doing Business for MSMEs: E-commerce platforms had matched and surpassed their pre-COVID sales as far back as August last year. To
Cheque bouncing up in April during second wave of Covid-19: HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/cheque-bouncing-up-in-april-during-second-wave-of-covid-19-hdfc-bank-121041800413_1.html Ehile cheque returns in April have risen slightly, it this does not necessarily point to a trend, say bank officials Photo: Shutterstock The
A hale and hearty banking sector but… | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-hale-and-hearty-banking-sector-but-121041800839_1.html More than banks, most of which have the balance sheet strength to stomach bad loans, it is the borrowers who will suffer once
Pandemic takes the glitz out of luxury hotels as business traveling is crippled – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/pandemic-takes-the-glitz-out-of-luxury-hotels-as-business-traveling-is-crippled/articleshow/82125011.cms Synopsis–New projects around the country will reduce the dependence on big city hotels to about 59% by FY25-26. Five years ago, the number
DPIIT notifies PLI scheme for ACs, LED lights; mere assembly of finished goods not to be incentivised – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/dpiit-notifies-pli-scheme-for-acs-led-lights-mere-assembly-of-finished-goods-not-to-be-incentivised/articleshow/82114195.cmsSynopsis Earlier this month, the government approved a production linked incentive (PLI) scheme for white goods – Air Conditioners (ACs) and LED Lights –
Energising solar module manufacture – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/energising-solar-module-manufacture/article34337665.ece?homepage=true The recently announced PLI scheme for this sector must be dovetailed with the host of other incentives, especially for MSMEs As part of
Registered 5million merchants via Amazon Pay, focussed on helping SMBs embrace e-payments: Amazon – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/registered-5million-merchants-via-amazon-pay-focussed-on-helping-smbs-embrace-e-payments-amazon/2235144/ Of the over 50 lakh SMBs who use Amazon Pay, more than 25 lakh operate retail and shopping outlets such as kirana stores.
Deloitte India’s Anandorup Ghose decodes latest India hiring trends with special focus on MSMEs’ travails – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/interviews/deloitte-indias-anandorup-ghose-decodes-latest-india-hiring-trends-with-special-focus-on-msmes-travails/articleshow/82097401.cmsSECTIONSDeloitte India’s Anandorup Ghose decodes latest India hiring trends with special focus on MSMEs’ travailsLast Updated: Apr 16, 2021, 11:35 AM ISTSynopsis “The problem
eclgs: Finmin widens scope of ECLGS, includes healthcare sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/finmin-widens-scope-of-eclgs-includes-healthcare-sector/articleshow/82112703.cmsSynopsis “SMA-1 borrowers in the healthcare sector and 26 other high stress sectors (as identified by the Kamath Committee) are now eligible under ECLGS
The Fintech solution to small business credit woes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-fintech-solution-to-small-business-credit-woes/articleshow/82060884.cmsSynopsis The Economic Times Digital Payments Forum presented by Mastercard is conducting an exclusive session for senior managers and decision-makers from the Fintech, Finance,
India needs to create jobs at scale: Nilekani – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/india-needs-to-create-jobs-at-scale-nilekani/articleshow/82117193.cmsSynopsis India needs job creators and Amazon has the potential to do that at scale, said Nandan Nilekani, chairman, Infosys, speaking at the Amazon
Lockdowns Again: Back to the start? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/lockdowns-again-back-to-the-start/2234702/ The economic impact of the current lockdowns will be significant, though not as sharp as that of last year For a country that
Data drive: The FY21 tax suprise – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/data-drive-the-fy21-tax-suprise/2234816/ The Centre’s indirect tax collection grew 12%, to Rs 10.71 lakh crore, in FY21 on the back of higher collection from central excise
E-commerce bound to grow, modern retail channels to bounce back in small format: HUL CMD Sanjiv Mehta – The Financial Express
Clipped from: https://www.financialexpress.com/industry/e-commerce-bound-to-grow-modern-retail-channels-to-bounce-back-in-small-format-hul-cmd-sanjiv-mehta/2234047/ The e-commerce sector would grow not only due to the sheer convenience it offers but also for the assortment it provides, Mehta said
Global semiconductor shortage could last till first half of FY22, hurt automobile industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/global-semiconductor-shortage-could-last-till-first-half-of-fy22-hurt-automobile-industry/articleshow/82106822.cmsSynopsis While demand in the local market is expected to remain strong due to pent-up demand, consumer preference for personal mobility solutions and increased
Power sector revival requires structural changes: Brickwork ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/power-sector-revival-requires-structural-changes-brickwork-ratings/article34334308.ece?homepage=true Around 60 GW thermal power capacity under stress The revival of the country’s power sector requires meaningful structural changes, targeting an improvement in
Energising solar module manufacture – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/energising-solar-module-manufacture/article34337665.ece The recently announced PLI scheme for this sector must be dovetailed with the host of other incentives, especially for MSMEs As part of
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