Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/too-much-prudence-with-bad-loans-is-bad/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The reported proposal for banks to sell only
Category: MSME-Startup
SMEs feel the heat as copper prices hit the roof – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/smes-feel-the-heat-as-copper-prices-hit-the-roof/article33888264.ece?homepage=true The sharp spike in the benchmark LME (London Metal Exchange) copper prices to $8,806 a tonne from $7,755 from start of this month
Why India needs a Bharat Fund beyond the existing VC ecosystem – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/why-india-needs-a-bharat-fund-beyond-the-existing-vc-ecosystem/articleshow/81121994.cmsSynopsis MSMEs play a pivotal role in bolstering the economy and, therefore, need to be carefully nurtured with policies and regulations which will help
MSME credit up on Govt guarantee – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msme-credit-up-on-govt-guarantee/articleshow/81102724.cmsSynopsis The highest year-on-year growth of 9% was seen in the category of small businesses with a loan exposure of between Rs 10 lakh
MSME: Why technology is the only path to sustained growth for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/why-technology-is-the-only-path-to-sustained-growth-for-msmes/articleshow/80281133.cmsSynopsis The Economic Times Digital Payments Forum presented by Mastercard aims to start a dialogue on how digital technology and small businesses can profitably
SC asks Centre to file affidavit on technical glitches in GSTN – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/sc-asks-centre-to-file-affidavit-on-technical-glitches-in-gstn/article33872233.ece?homepage=true A key contention of the tax-payers was that the relevant GST returns could not be filed due to tech glitches on the portal
Allegations of dodging laws have malicious intent: Amazon India chief | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/allegations-of-dodging-laws-have-malicious-intent-amazon-india-chief-121021801010_1.html Amit Agarwal tells the employees that the company remains committed to its pledge to digitise 10 mn MSMEs, enable $10 bn in exports
Two-wheeler rental startup Vogo raises funding from existing investors; eyes profitability by year-end – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/two-wheeler-rental-startup-vogo-raises-funding-from-existing-investors-eyes-profitability-by-year-end/2197557/ Launched in 2016 by the alumni of IITs and IIMs – Anand Ayyadurai, Padmanabhan Balakrishnan, and Sanchit Mittal, Vogo caters to personal mobility
Small business lender U GRO Capital expands to unorganised micro businesses; to lend up to Rs 15 lakh – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/small-business-lender-u-gro-capital-expands-to-unorganised-micro-businesses-to-lend-up-to-rs-15-lakh/2197585/ Credit and Finance for MSMEs: U GRO also announced the expansion of its distribution network by adding 25 branches across Karnataka, Tamil Nadu,
Flipkart to help this state’s small businesses, artisans sell online; to offer incubation, training, more – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-flipkart-to-help-this-states-small-businesses-artisans-sell-online-to-offer-incubation-training-more/2197607/ Technology for MSMEs: Tamil Nadu had recently announced its MSME Policy 2021 and set a target to attract new investments worth Rs 2
Limited liability partnerships to disclose ‘beneficial ownership’ | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/limited-liability-partnerships-to-disclose-beneficial-ownership-121021900066_1.html The rules for disqualification of directors for non-filing of annual returns for any three consecutive years will also be made applicable to LLPs
Bank of Maharashtra partners with Vayana Network to offer help MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/bank-of-maharashtra-partners-with-vayana-network-to-offer-help-msmes/articleshow/81085569.cmsSynopsis Vayana Network connects corporates and their trade ecosystems to provide digital, convenient and affordable access to credit for their payables and receivables. PUNE:Bank
Google to give Rs 109 crore to support SMBs in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/google-to-give-rs-109-crore-to-support-smbs-in-india/articleshow/81084841.cmsSynopsis When the pandemic hit last year, Google announced a $200 million investment fund as part of its more than $800 million commitment to
Funding and MSMEs: Can banks & fintech together address the credit gap for small businesses? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/funding-and-msmes-can-banks-fintech-together-address-the-credit-gap-for-small-businesses/articleshow/81087510.cmsSynopsis With the COVID 19 pandemic disrupting economic activities worldwide, the role of fintech, banks, and NBFCs in powering small businesses in the post-pandemic
Government’s initiatives brings back loan growth to pre-Covid levels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/governments-initiatives-brings-back-loan-growth-to-pre-covid-levels/articleshow/81094227.cmsSynopsis Enquiries by borrowers rose 13 per cent year-on-year as of December’20 with lending growth largely being driven by the MSME segment. The total
CAIT demands ban on Amazon’s e-commerce operations in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/cait-demands-ban-on-amazons-e-commerce-operations-in-india/articleshow/81094552.cmsSynopsis Traders’ body CAIT on Thursday urged the government to impose a ban on Amazon’s e-commerce portal and its operations in India, accusing the
Inside Amazon’s secret strategy to dodge India e-commerce regulations – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/amazon-documents-reveal-its-secret-strategy-to-dodge-india-regulators/articleshow/81059533.cms Amazon documents reveal its secret strategy to dodge India regulators Synopsis Amazon favoured big sellers on its India platform—and used them to maneuver
Google to invest $75 million in coronavirus-hit small businesses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/google-to-invest-75-million-in-coronavirus-hit-small-businesses/articleshow/81058549.cmsSynopsis The funds are part of an $800 million initiative that Google announced in March last year in response to the pandemic. Indian companies
The TReDS route to trade credit–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/the-treds-route-to-trade-credit/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. A Parliamentary Standing Committee wanting to make the
Stung by COVID-19, Indian businesses rethink worker benefits – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/stung-by-covid-19-indian-businesses-rethink-worker-benefits/articleshow/80964148.cmsSynopsis Almost a quarter of the informal workers are migrants who typically travel from their villages to bigger cities in distant parts of the
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