Category: MSME-Startup

The Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises

COVID-19 impact: Banks to witness spike in credit costs, non-performing assets in 2020

Banks in the country are likely to witness a spike in their non-performing assets ratio by 1.9 per cent and credit cost ratios by 130

Businesses likely to face challenges in preparing financial reports in FY21 | Business Standard News

On April 1 every year, businesses unroll their budgets and targets for the new financial year. This financial year — FY21 — is different. As a relief from the

Hsg socs to compile data on all staffers–Times of India

Exercise will help enrol these people under a central government pension scheme Any effort to come to the rescue of the daily wagers and those who work in

The MSME sector is critical in times of Covid-19 – analysis – Hindustan Times

A large fraction of India’s firms are small, informal and operate in the unorganised sector. Recent annual reports on Micro, Small and Medium Enterprises (MSMEs)

‘Exempt sales and service of farm equipment from lockdown’ – The Hindu BusinessLine

Farm machinery makers are seeking exemption from the lockdown to run their sales and service centres to cater to the farmers’ requirement during the rabi

Coronavirus: Trade credit insurance sector may see rise in claims | Business Standard News

So far, there has not been a noticeable impact of the current pandemic situation on trade credit insurance Non-life insurers are keeping a close watch

Coronavirus would reset distances, labour market: Experts – The Economic Times

By Dinesh Narayanan COVID-19 CASES WorldIndia The sudden displacement of migrant labour would have far-reaching impact on the Indian economy and states should be prepared

New CBIC circular: Import, export of goods without furnishing bonds to Customs authorities allowed – The Financial Express

The CBIC said it has approved relaxation of the requirement to submit bonds. CBIC Circular: The Central Board of Indirect Taxes and Customs (CBIC) on

Measures that can boost MSMEs during Covid-19 lockdown – The Economic Times

By Sampad Swain Businesses have been taking a hit due to Covid-19 lockdown. The supply chain has been disrupted, imports are down, and markets are

Centre may go for staggered exit from lockdown – The Hindu BusinessLine

Modi seeks formulation of common exit strategy in meeting with Chief Ministers Prime Minister Narendra Modi, in a meeting held with Chief Ministers via video-conferencing

Banks may ask RBI for breather on lump sum repayment of deferred interest – The Hindu BusinessLine

Banks may move the Reserve Bank of India (RBI) to allow businesses and individuals availing working capital facilities more time to repay the interest in

We will only be as healthy as our supply chains–Time of India

Perhaps this is most urgently being felt by those at the frontline of the war against Covid-19, where disruptions in the global and domestic supply

Uncritical endorsement: The Hindu Editorial on exodus of migrant workers and the Supreme Court – The Hindu

Supreme Court must ask more probing questions on the way the government is handling the pandemic. There are two aspects to the Supreme Court’s limited

Facts fight fear | The Indian Express

The only official communications that the migrants received were delivered by the policeman’s heavyhandedness, and his lathi. In times of crisis, especially a health crisis

सुस्पष्ट धोरणाचा अभाव –महाराष्ट्र टाइम्स

सुस्पष्ट धोरणाचा अभाव करोना विषाणूचा प्रसार रोखण्यासाठी केंद्र सरकारने २१ दिवसांची टाळेबंदी जाहीर केली, त्याला आठवडा होऊन गेला. टाळेबंदीच्या दुसऱ्या दिवशी केंद्र सरकारने देशभरात करोना

Increased default threshold for IBC trigger comes into effect – The Hindu BusinessLine

From 1 lakh, the threshold has been raised to ₹1 crore The Ministry of Corporate Affairs (MCA) has operationalised the Centre’s move to raise the

Covid-19 impact: Will ₹1-lakh threshold for insolvency plea under IBC be reviewed? – The Hindu BusinessLine