New Delhi: The government is mulling measures like allowing late repayment of loans by the micro, small and medium enterprises to support the sector amid
Category: MSME-Startup
coronavirus impact: Indian banks seek easier loan repayment, NPA classification due to Covid-19 – The Economic Times
MUMBAI: Indian bankers want the regulator to ease rules on loan recovery timelines to give borrowers the breathing space and monetary health they need to
We are in economic emergency: To fight Covid-19 impact, India must push through fiscal stimulus and Universal Basic Income–Times of India
“I’ve sent all my staff off on leave for 15 days,” a resort owner in Bharatpur told me. “I don’t know when they will be
MSME layoffs: MSMEs prepare for layoffs, closures, if impact is felt beyond April–Economic Times
MUMBAI: Medium and small businesses are bracing themselves for extended pain, layoffs, and even closure if the Covid-19 pandemic continues beyond April as they lack
SBI announces emergency credit line in light of COVID-19 – The Economic Times
Mumbai: India’s largest lender State Bank of India became the first bank to open an emergency credit facility for borrowers affected by the Coronavirus outbreak.
MSME lending: How data-driven access to online loans will empower small businesses – The Financial Express
By Alok Mittal Credit and Finance for MSMEs: Narayan was in dire need of working capital funds to manage booming demand at his restaurant. However,
Egg, broiler prices slump as virus fears take heavy toll on sector – The Hindu
Ex-farm broiler price at all-time low of ₹10-15 per kg; maize, which goes into poultryfeed, also sees fortunes plummet Chicken prices have crashed from ₹90
Coronavirus crisis: Give MSMEs concessional loans, grace period for filing taxes, Assocham tells government – The Financial Express
Particularly MSMEs, which are exporting goods globally, are facing the heat as their buyers are likely to cancel orders eventually. Credit and Finance for MSMEs:
impact of coronavirus on smes: When is the Government going to respond? Businesses look for assistance as coronavirus starts hurting – The Economic Times
For millions of small businesses struggling with a slowing domestic demand over the last few quarters, the collapse of economic activities due to Covid 19
MSME: Proposal for relief to MSME sector on account of coronavirus – The Economic Times
NEW DELHI: A proposal has been sent to the Finance Ministry suggesting measures for providing relief to micro, small and medium industries to mitigate the
Working on plan to ensure payment of MSME dues in 3 months: Nitin Gadkari | Business News,The Indian Express
Union MSME Minister Nitin Gadkari on Thursday expressed serious concern over non-payment of nearly Rs six lakh crore dues to micro and small industries by
Coronavirus impact on SMEs: India’s small businesses were struggling. Coronavirus may be their death knell – The Economic Times Video | ET Now
The coronavirus outbreak is making small businesses across sectors struggle to make ends meet. With GST compliance issues, slow domestic demand and demonetisation already playing
Banks to seek RBI forbearance on loans to MSME, affordable housing – The Hindu BusinessLine
Repayment delay on the part of borrowers should not be classified default up to a point in time Banks plan to move the Reserve Bank
khatabook: MS Dhoni invests in fintech startup Khatabook – The Economic Times
NEW DELHI: Khatabook announced a strategic partnership with Mahendra Singh Dhoni, who will invest in the company and become its brand ambassador. The firm has
Nitin gadkari: 6 lakh MSMEs restructured, coronavirus offers opportunity to Indian industries: Gadkari – The Economic Times
New Delhi: The government on Monday said in Rajya Sabha that six lakh industries under MSME have been restructured and urged the sector to look
Coronavirus: Tamil Nadu industry experts, trade bodies flag worry over impact on small businesses – The Financial Express
Covid-19 is leading to various issues in the industry including shrinkage of exports, cessation of production, non-availability of manpower, uncertainty of consumption, among others. The
Show me the money: The challenge of raising venture capital – The Economic Times
By Manish Johari Among the challenging things a founder has to do is raise venture capital. The level of challenge of course varies. Many of
Lakshmi Vilas Bank bets on gold biz, MSMEs for business revival – The Economic Times
KOLKATA: Lakshmi Vilas BankNSE 4.90 % (LVB) has adopted a strategy to conserve whatever capital it has ahead of the fiscal-year end, even as the
Indian missions abroad asked to source raw materials | Deccan Herald
“Indian Missions abroad have been asked to explore the possibility of sourcing raw materials in their respective countries for India’s production, which may have been
Economic uncertainty rises – The Hindu
Supply shocks from China have caused a fall in production and decline in demand, leading to fears of recession Stock markets globally have declined since