Clipped from: https://www.thehindubusinessline.com/opinion/editorial/trade-receivables-and-discounting-system-players-could-do-with-trade-credit-insurance/article33594602.ece Trade Receivables and Discounting System players could do with trade credit insurance The Trade Receivables and Discounting System (TreDs), begun in 2014, has
Category: MSME-Startup
lending apps: Debt trap: Inside the world of shady digital lending apps, which promise a loan in a minute – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-trap-inside-the-world-of-shady-digital-lending-apps-which-promise-a-loan-in-a-minute/articleshow/80304632.cmsSynopsis According to fintech industry sources, several lenders simply register an entity under the Companies Act, develop an app and start commercial lending. They
21% startups and MSMEs benefited from govt Schemes in 2020: Survey | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/21-startups-and-msmes-benefited-from-govt-schemes-in-2020-survey-121011600545_1.html For many years now, startups and MSMEs have been reeling under the complex burden of India’s difficult taxation policies The findings from the
How MSMEs, startups can replicate physical workspaces to save time, money? The answer lies beyond WFH – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/how-msmes-startups-can-replicate-physical-workspaces-to-save-time-money-the-answer-lies-beyond-wfh/2166126/ Ease of Doing Business for MSMEs: With physical office space becoming redundant, SMBs and startups can now hire the best of talent worldwide.
Budget 2021 Expectations for MSMEs: ‘Govt must wake up to call for MSME tech adoption to ensure competitiveness’ | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-govt-must-wake-up-to-call-for-msme-tech-adoption-to-ensure-competitiveness/2169256/ Union Budget 2021 Expectations for MSMEs: Budget 2021 should make efforts to enable the development of MSMEs by providing them access to the
PM Narendra Modi announces Rs 1,000-crore ‘Startup India Seed Fund’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/pm-narendra-modi-announces-rs-1000-crore-startup-india-seed-fund/articleshow/80304710.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India, the Prime Minister said, is home to the world’s third largest startup ecosystem which has helped several budding entrepreneurs to come up
What unicorns’ coming of age means for big business and retail investors | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/what-unicorns-coming-of-age-means-for-big-business-and-retail-investors-121011501203_1.html While foreign investors like Japan’s Softbank, China’s Alibaba, and the US’ Sequoia are big players in the start-up space, India doesn’t have a
RAI urges govt to formulate of national retail policy, allow retailers to register under MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-rai-urges-govt-to-formulate-of-national-retail-policy-allow-retailers-to-register-under-msmes/2171621/ At this juncture, all efforts are required to boost the local economy and help revive retail, saving millions of jobs. Budget 2021-22 will
Why pensioners should fund unicorns–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/why-pensioners-should-fund-unicorns/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Commerce and Industry Minister Piyush Goyal is spot
Why technology is the only path to sustained growth for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/why-technology-is-the-only-path-to-sustained-growth-for-msmes/articleshow/80281133.cms?utm_source=Desktop&utm_medium=HP_ETGreatReads&utm_campaign=DPSynopsis The Economic Times Digital Payments Forum presented by Mastercard aims to start a dialogue on how digital technology and small businesses can profitably
ICICI Bank ties up with Niyo to issue prepaid cards to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/icici-bank-ties-up-with-niyo-to-issue-prepaid-cards-to-msmes/articleshow/80266108.cmsSynopsis The ‘ICICI Bank Niyo Bharat Payroll Card’ allows an individual to receive funds upto Rs 1 lakh into the card account. MUMBAI: ICICI Bank and fintech company Niyo on
Budget 2021 Expectations for MSMEs: MSMEs seek lower GST on professional services to benefit from each other | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-msmes-seek-lower-gst-on-professional-services-to-benefit-from-each-other/2165739/ Union Budget 2021 Expectations for MSMEs: The Central Board of Indirect Taxes and Customs had recently notified that enterprises with over Rs 50
RBI’s FSDC panel reviews insolvency resolution under IBC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-fsdc-panel-reviews-insolvency-resolution-under-ibc/article33570381.ece The Sub-Committee, chaired by Governor Shaktikanta Das, also discussed changes in the regulatory framework relating to Alternative Investment Funds (AIFs) set up in
Budget 2021 Expectations for MSMEs: MSMED Act, MSEFCs have no teeth to resolve payment issues : Assocham’s Raikar | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-msmed-act-msefcs-have-no-teeth-to-resolve-payment-issues-assochams-raikar/2171090/ Union Budget 2021 Expectations for MSMEs: According to the MSME Development Act, state governments have to ensure that the MSEFC hold meetings regularly
NSIC, Airtel team up to drive digital transformation of MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/nsic-airtel-team-up-to-drive-digital-transformation-of-msmes/articleshow/80215713.cmsSynopsis Airtel’s solutions for MSMEs include connectivity, landline, mobile, conferencing, cloud, security solutions for businesses, Internet of Things, and cloud communication suite to transform
RBI: Banks gross NPA may rise to 13.5 pc by Sep 2021: RBI FSR – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-gross-npa-may-rise-to-13-5-pc-by-sep-2021-rbi-fsr/articleshow/80216967.cmsSynopsis If the macroeconomic environment worsens into a severe stress scenario, the GNPA ratio may escalate to 14.8 per cent, the report said. Mumbai:
Skill development and e-learning in post-Covid-19 age – The Financial Express
Clipped from: https://www.financialexpress.com/education-2/skill-development-and-e-learning-in-post-covid-19-age/2168293/ The prospect of ‘anytime, anywhere’ skilling has immense potential: Skill development through e-learning is gaining momentum for both domain as well as soft
Investors continue to support consumer internet companies – The Financial Express
Clipped from: https://www.financialexpress.com/industry/investors-continue-to-support-consumer-internet-companies/2168345/ “There is a limit in terms of how much Arpus can grow and many a time unlocking more markets provides a better return
Combining SWOT analysis with TOWS strategies can help small and large businesses scale up – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/combining-swot-analysis-with-tows-strategies-can-help-small-and-large-businesses-scale-up/2168246/ A SWOT analysis arranges a company’s top strengths, weaknesses, opportunities and threats into an organised list, and is generally presented in a simple
Govt should prefer growth to fiscal consolidation: Former RBI Governor C Rangarajan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-should-prefer-growth-to-fiscal-consolidation-ranga/articleshow/80202374.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Rangarajan pegged the fiscal deficit for the current year at 6-7% of gross domestic product against the government’s target of 3.5%, adding that
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