Clipped from: https://economictimes.indiatimes.com/news/how-to/what-to-do-if-loan-recovery-agent-bothers-you/articleshow/88770157.cmsSynopsis Agents bothering for loan recovery might seem to be a small issue but there are cases where people have committed suicide or suffered
Category: MSME-Startup
Payment service provider PayU’s SMB vertical sees 70% jump in revenues | Business Standard News
lipped from: https://www.business-standard.com/article/companies/payment-service-provider-payu-s-smb-vertical-sees-70-jump-in-revenues-122010800049_1.html In September last year, PayU agreed to acquire payments gateway BillDesk in an all-cash transaction of $4.7 billion Powered by over 500,000 small
BSE SME market capitalisation crosses Rs 50,000-crore mark for first time | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bse-sme-market-capitalisation-crosses-rs-50-000-crore-mark-for-first-time-122010701174_1.html At present, 359 companies are listed on the BSE SME platform Illustration: Binay Sinha The market capitalisation (m-cap) of companies listed on the
MSMEs in paper packaging see revenue jump this fiscal with demand recovery – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-paper-packaging-units-see-revenue-jump-in-fy22-amid-demand-recovery/2380513/ Ease of Doing Business for MSMEs: The key driver for demand has been the growth in sectors including e-commerce, pharmaceuticals, ready-to-eat, and others
How India’s poor payment culture has impacted MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-how-indias-poor-payment-culture-has-impacted-msmes/2396454/ Credit and Finance for MSMEs: Due to the non-adoption of technology solutions to manage transactions, MSMEs face challenges in accessing and assessing data
MSMEs constituted 95% of FY21 loans in electrical machinery industry: Report – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msmes-constituted-95-of-fy21-loans-in-electrical-machinery-industry-report/2400350/ Eases of Doing Business for MSMEs: India is currently the third-largest producer and the second-largest consumer of electricity globally with an installed power
How to build a competitive export-ready business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/process/how-to-build-a-competitive-export-ready-business/articleshow/88726431.cmsSynopsis Whether you are an importer or exporter, make sure you understand the different incoterms thoroughly so that the responsibilities of both the parties
GST hike on textiles will put financial burden on 85% population if not withdrawn: Traders to Piyush Goyal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-gst-hike-on-textiles-will-put-financial-burden-on-85-population-if-not-withdrawn-traders-to-piyush-goyal/2398296/ Ease of Doing Business for MSMEs: In November 2021, the government had notified uniform GST at 12 per cent on man made fibre (MMF), MMF yarn, MMF
Why lakhs of MSMEs haven’t yet registered on Udyam portal despite govt schemes? Here’s what data suggests – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-do-lakhs-of-msmes-no-longer-want-benefits-of-msme-registration-heres-what-govt-data-suggests/2397353/ Ease of Doing Business for MSMEs: As of January 3, 2022, 60,65,339 were microenterprises registered on the Udyam portal followed by 3,14,332 small and 34,102
Micro lenders seek extension of credit guarantee scheme in Union Budget | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/micro-lenders-seek-extension-of-credit-guarantee-scheme-in-union-budget-122010500794_1.html Seek allocation of Rs 15,000 cr for FY23, of which at least 75% should be earmarked for small and mid-size MFIs Sa-Dhan, the
MSMEs: Engines of growth for new India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/msmes-engines-of-growth-for-new-india/article38101722.ece From easing access to credit to leveraging the PLI scheme, MSMEs can tap into a range of policy initiatives In November 2021 the
Web3 social discovery platform Wall.app raises $1 million – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/web3-social-discovery-platform-wall-app-raises-1-million/articleshow/88668633.cmsSynopsis Wall.app is a platform where people can discover what NFTs’ top collectors are buying, meet people from various communities and interact with each
Deferral of GST hike: Textiles sector pins hopes on better options – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/textiles-sector-pins-hopes-on-better-options/article38094094.ece Proposes alternatives, including ones that can correct inversion, generate revenue The GST Council’s last-minute deferment of a proposed rate hike for lower-end textile
Start-ups to scale-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/2021-was-great-for-start-ups-its-time-to-shift-gears-amidst-financial-uncertainty/article38093623.ece 2021 was great for start-ups. It’s time to shift gears amidst financial uncertainty The trends emerging from 2021 indicate that India’s startup ecosystem
Traders would be compelled to shut businesses in absence of level playing field: CAIT to Piyush Goyal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-traders-would-be-compelled-to-shut-businesses-in-absence-of-level-playing-field-cait-to-piyush-goyal/2396433/ Ease of Doing Business for MSMEs: E-commerce rules were first notified by the government in July 2020. However, amendments were proposed in June
MSME: Role of MSMEs crucial for India to become a $5-trillion economy, says Kant – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/role-of-msmes-crucial-for-india-to-become-a-5-trillion-economy-says-kant/articleshow/88605491.cmsSynopsis The MSME sector is the backbone of the Indian economic structure and has a very important role in buffering it from global economic
NSE sees 100th firm migration from SME patform to main-board | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/nse-sees-100th-firm-migration-from-sme-patform-to-main-board-121123000880_1.html The exchange’s SME Platform — EMERGE — was launched in 2012 and has been providing a viable and sustainable option for SMEs to
Success rate for discounting MSME receivables on TReDS improved in FY21: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/success-rate-for-discounting-msme-receivables-on-treds-improved-in-fy21-rbi/article38061450.ece TReDS is an electronic platform for facilitating the financing/discounting of trade receivables of MSMEs through banks and non-banking finance companies The success rate
Banks’ asset quality ‘may get dented’ as special schemes end: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-asset-quality-may-get-dented-as-special-schemes-end-rbi-report-121122801157_1.html Credit growth muted as pandemic risk to economy remains, says central bank in annual analysis. Photo: Shutterstock The Indian financial system’s asset quality
Recast scheme to stay afloat, says RBI Trend & Progress report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/recast-scheme-to-stay-afloat-says-rbi-trend-progress-report-121122900048_1.html The restructured plan included additional time for repayments, more funding support, and conversion of part of working capital into term credit. Representative image
