Clipped from: https://economictimes.indiatimes.com/tech/technology/e-commerce-firms-face-more-hurdles-in-maharashtra-assam/articleshow/82602598.cmsSynopsis The Maharashtra government, in a notification on Wednesday, said drivers and helpers of all goods carriers entering the state must carry a negative
Category: MSME-Startup
Commerce Ministry seeks anti-dumping duty on certain rubber imported from 4 countries – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/comm-min-seeks-anti-dumping-duty-on-certain-rubber-imported-from-4-countries/articleshow/82625393.cmsSynopsis Directorate General of Trade Remedies (DGTR) has recommended the duty after concluding in its probe that ”Acrylonitrile Butadiene Rubber” from these regions has
Will the deadlier second wave prompt Modi govt to go for another stimulus? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/will-the-deadlier-second-wave-prompt-modi-govt-to-go-for-another-stimulus-121051201327_1.html A recent study found that the poorest of workers earned Rs 15,000 less on average last year. This time, state lockdowns may dent
MSME credit gap: How Bitcoin, Ethereum, other crypto investors may address small business liquidity crisis – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-credit-gap-how-bitcoin-ethereum-other-crypto-investors-may-address-small-business-liquidity-crisis/2251607/ Credit and Finance for MSMEs: Of Rs 95.69 lakh crore gross bank credit outstanding as of February 26, 2020, the share of MSE
Liquidity Crunch: New mechanism in the works to aid exporters – The Financial Express
Clipped from: https://www.financialexpress.com/economy/liquidity-crunch-new-mechanism-in-the-works-to-aid-exporters/2251629/ Given paucity of funds with govt, exporters to borrow at repo rate against MEIS entitlement As per the mechanism being explored, the government
Retail loans constitute large share of loan recast by private banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/retail-loans-constitute-large-share-of-loan-recast-by-private-banks/article34549157.ece?homepage=true Overall restructuring of loans was low for most private sector banks; these banks have made sufficient provisions Even as Resolution 2.0 announced by
The rise of cash a transient symptom – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/the-rise-of-cash-a-transient-symptom/articleshow/82612200.cmsSynopsis The huge increase in India’s cash in circulation during the pandemic is no cause for alarm. Central bank data shows that currency in
SBI invites bids for selling NPAs worth Rs 217 crore – The Financial Express
Banks had put up NPAs worth Rs 5,140 crore for the sale to ARCs during the March quarter. Out of that, SBI had put bad
Govt approves Rs 18,100 crore PLI scheme for promoting ACC battery manufacturing – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/renewables/govt-approves-rs-18100-cr-pli-scheme-for-promoting-acc-battery-manufacturing/articleshow/82572497.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis With the objective to promote the Make in India initiative, the National Programme on Advanced Chemistry Cell (ACC) Battery Storage is expected to
Disruption of essential supplies: Move policy from obtuse to sensible – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/move-policy-from-obtuse-to-sensible/articleshow/82555281.cmsSynopsis Policy must address both kinds of problems. Any deemed sign of shortage leads to hoarding and realised shortage. This must be averted. COVID-19
Microfiance sector seeks RBI’s additional support to combat COVID-19 second wave – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/microfiance-sector-seeks-rbis-additional-support-to-combat-covid-19-second-wave/articleshow/82550827.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “RBI timely intervention for the sector and its recent announcement of special long-term repo operations (SLTRO) of Rs 10,000 crore for Small Finance
Restructuring 2.0: can RBI’s pre-emptive move help avert a crisis in retail loans? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/restructuring-2-0-can-rbis-pre-emptive-move-help-avert-a-crisis-in-retail-loans/primearticleshow/82531066.cms Synopsis–Gross retail NPAs have steadily been on the rise and with FY21 numbers breaching the five-year average by a huge margin, regulatory forbearance
Mumbai Angels Network sees 36 exits, eyes 50 investments this year | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/mumbai-angels-network-sees-36-exits-eyes-50-investments-this-year-121051001374_1.html Purplle has raised $45 million from Sequoia Capital India and existing investors Verlinvest, Blume Ventures and JSW Ventures. The platform closed 36 fresh
Your Queries – Loans: For LIG PMAY subsidy, co-owner has to be female and co-applicant – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-for-lig-pmay-subsidy-co-owner-has-to-be-female-and-co-applicant/2249504/ In the case of LIG PMAY subsidy, the co-owner or primary owner has to be a female. Also, she needs to be a
Now MSMEs, others can file grievances on this portal for alleged violation of public procurement order – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/now-msmes-others-can-file-grievances-on-this-portal-for-alleged-violation-of-public-procurement-order/2249423/ The 2017 order was issued to promote goods manufactured in India and with a view to enhancing businesses’ income and employment. The order
Suresh Prabhu seeks release of FY20 benefits for services exports | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/suresh-prabhu-seeks-release-of-fy20-benefits-for-services-exports-7306399/ Prabhu recommended that the travel and tourism (including health tourism), education and aviation sectors be exempted from the Rs 5-crore ceiling as they
All you wanted to know about fractional ownership – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34528997.ece?homepage=true The term ownership usually signifies exclusive right over an asset. But what if the starting price of such an asset is out of
RBI’s stitch-in-time act is spot on – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbis-stitch-in-time-act-is-spot-on/article34521706.ece The ₹50,000 crore to banks for creating a Covid loan book and other measures are timely. But more reforms may be needed Himadri
Now, another tool for SBI to resolve stress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/now-another-tool-for-sbi-to-resolve-stress/article34521272.ece Bank pursuing board approval for policy framework on pre-packs, says MD State Bank of India sees the recently-introduced pre-packaged insolvency resolution process (PPIRP)
Total balance in Jan Dhan accounts goes down by ₹2,787 crore in April – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/total-balance-in-jan-dhan-accounts-goes-down-by-2787-crore-in-april/article34521372.ece?homepage=true Rural spread of Covid, loss of earnings driving withdrawals For the first time in the last eight months, total balance in Pradhan Mantri
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