Clipped from: https://www.thehindubusinessline.com/companies/msme/msmes-revenues-to-fall-by-a-fifth-crisil/article31835546.ece?homepage=true File photo – BUSINESS LINE File photo – BUSINESS LINE× Working capital woes for these firms likely to worsen, says rating agency Micro,
Category: Economy
MSMEs bet big on PM Modi’s Champions portal as number of complaints resolved jumps 3X – The Financial Express
Clipped from: https://www.financialexpress.com/ SBI recently took Anil Ambani to the Mumbai bench of the National Company Law Tribunal (NCLT) for personal guarantee given on loans worth
Microfinance firms poised for consolidation after Covid-19-induced lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ There are 96 MFIs with less than Rs 200 crore in loans outstanding that together have a total loan portfolio of about Rs
MSMEs face existential crisis, revenue to fall a fifth: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ For MSMEs, the fall in revenue will be steeper at 17-21%, while Ebitda margin will shrink 200-300 bps to 4-5%. MUMBAI: The 5%
Small, medium size realtors’ FY21 revenue growth may halve, report – The Economic Times
Clipped from: https://economictimes.indiatimes.com The 5% contraction in the Indian economy as expected by CRISIL this fiscal – wrought by the Covid-19 pandemic – will significantly hurt
GST compensation an imperative–economic times
Clipped from: https://economictimes.indiatimes.com The Centre must deliver on its promise to compensate the states for five years from 2017-18 for any shortfall in goods and services
MSMEs face existential crisis, revenue to fall a fifth: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com For MSMEs, the fall in revenue will be steeper at 17-21%, while Ebitda margin will shrink 200-300 bps to 4-5%. MUMBAI: The 5%
An auto-industry recovery appears far away. Vehicle-carrier companies are drastically scaling down. – ET Prime
Clipped from: https://prime.economictimes.indiatimes.com The fate of an entire industry is hanging by a thread. With losses and debt woes mounting, automobile-carrier companies, big and small, are
Lockdown is pushing up India’s poverty levels – The Hindu BusinessLine
Income and job losses mean millions are joining the ranks of the poor. Govt must provide a safety net for those on the brink The
Employment generation a challenge but not unachievable: Nitin Gadkari – The Hindu BusinessLine
The Minister of Micro, Small and Medium Enterprises (MSME), Nitin Gadkari, has acknowledged that employment generation is a challenge, but with the right economic policies,
Covid-19 impact: 42% start-ups, small biz out of funds or in shutdown stage | Business Standard News
According to a survey by LocalCircles, only 16% of start-ups and SMEs have the cash to survive for more than three months. Since the start
In poor health already, banks come under grip of Covid-19 pandemic | Business Standard News
Clipped from: https://www.business-standard.com/ Anaemic credit growth due to risk-averse borrowers; concerns over bad loan build-up resurface Due to the low credit offtake, banks are saddled with
After MSMEs, let’s focus on large stressed sectors | Business Standard Column
Clipped from: https://www.business-standard.com The Rs 3-trillion booster dose may help bring MSMEs back on the rails but to whom will they supply goods? It’s time to
Making sense of forex reserves–ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/ India’s foreign exchange reserves have crossed $500 billion. For some, this is a cause for national pride. For some others, it is a
Atmanirbhar Presentation Part-1 Business including MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore of collateral-free loans for small businesses, cut the tax rate for non-salary
Interest waiver: SBI, IBA tell SC move may hit credit flows – The Financial Express
Clipped from: https://www.financialexpress.com Court relents, says its concern is only over ‘interest on interest’ Reinforcing the view taken by the banking regulator RBI, State Bank of India (SBI), the
Shares, FDs, property, mutual funds: If 1st holder dies will joint holder get money or nominee? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/shares-fds-property-mutual-funds-if-1st-holder-dies-will-joint-holder-get-money-or-nominee/primeshow/76320351.cms Shares, FDs, property, mutual funds: If 1st holder dies will joint holder get money or nominee? Assets such as shares, fixed deposits, mutual
India needs fresh reforms, recovery key to retain rating: S&P – The Economic Times
Clipped from: https://economictimes.indiatimes.com “The pace and scale of India’s economic recovery will be crucial to the sovereign rating because the high pace of its trend growth
Why India needs a new bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com For post-Covid recovery, banks must be free of their bad-loan burden. State Bank of IndiaNSE 1.13 % and the Indian Banks’ Association have once
aniltikotekar4sme.com 