Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: MSME Minister Nitin Gadkari in a press briefing announced the Cabinet approval to the revision in the
Category: MSME-Startup
‘Govt must replace red-tapism with red carpet to attract firms exiting China and for MSMEs to benefit’ – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: Recently, Japan announced $2.2 billion stimuli to help out Japanese companies moving out of China followed by
IBC realisations for financial creditors may drop 40% to Rs 60,000 crore in FY21 – The Financial Express
Clipped from: https://www.financialexpress.com Against the stipulated resolution period of 330 days, the average time taken for completion of the CIRPs yielding approval of resolution plans has
Insolvency halt gives a rude jolt to boutique IRPs – The Economic Times
Clipped from: https://economictimes.indiatimes.com Several IRPs and lawyers are of the view that boutique firms largely dependent on operational creditors and small businesses will face a double
Cabinet okays ordinance to amend insolvency law; defaults due to COVID out of IBC ambit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Payment defaults from March 25 — the day when the nationwide lockdown to curb coronavirus infections began — would not be considered for
MSME news: MSMEs to be classified based on new criteria from July – The Economic Times
Clipped from: https://economictimes.indiatimes.com The existing criterion of definition of MSMEs is based on the MSMED Act, 2006.It was different for manufacturing and services units. It was
Not prudent to go for forced waiver of interest, risking financial viability of banks: RBI to SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com RBI told the Supreme Court that a forced waiver of interest would risk the financial viability of banks. NEW DELHI: The Reserve Bank
Retail and SME loans to deteriorate now: Moody’s – The Economic Times
Clipped from: https://economictimes.indiatimes.com Days after downgrading India, Moody’s said the quality of retail and SME loans will also deteriorate. Days after downgrading India’s sovereign ratings, global
FRBM framework will need to be updated, says former CEA Arvind Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com It will be a very difficult economic year. We should brace ourselves for a sharp decline in growth, he said. NEW DELHI: Former
A V-shaped economic recovery is certain, but for how long? – The Financial Express
Clipped from: https://www.financialexpress.com With the economy in bad shape even before Covid-19, and no large stimulus, even FY22 will be a low-growth year. Given the severity
India’s lockdown strategy was faulty, economy to contract 10% this fiscal: Former finance secretary SC Garg – The Financial Express
Clipped from: https://www.financialexpress.com/ The former finance secretary went on to say that the 2020-21 fiscal will go down in the history of India as the year
India needs to open up more and knock down import tariff imposed in last 3 years: Arvind Panagariya – The Financial Express
Clipped from: https://www.financialexpress.com Panagariya said India should continue to engage with Asia Pacific partners and get into RCEP as it prepares to take over the multinational
Getting the priority sectors right post-lockdown–Times of India
Clipped from: https://timesofindia.indiatimes.com A recent FICCI survey made it amply clear that the Covid-19 pandemic has had a deep impact on Indian businesses which could lead
Growth blues: Moody’s rating downgrade of India should turn government’s focus to economic growth
Clipped from: https://timesofindia.indiatimes.com Moody’s Investors Service this week downgraded India’s long-term foreign currency and local currency ratings a notch to Baa3 from Baa2. India’s rating remains
‘Innovation is the need of the hour’: Kiran Mazumdar-Shaw says businesses have to reinvent and repurpose in a post-Covid world – The Economic Times
Clipped from: https://economictimes.indiatimes.com Shaw also gave her two cents on how street vendors can survive the pandemic. The Covid-19 pandemic has triggered an economic slowdown of epic proportions.
Forget Moody’s, Focus on the Mood–Economic Times
Clipped from: https://economictimes.indiatimes.com Global credit rating agency Moody’s has nipped India’s long-term sovereign rating from ‘Baa2’ to a notch lower, ‘Baa3’, but it does not really
Indian economy to contract 10% this fiscal: Subhash Chandra Garg – The Economic Times
Clipped from: https://economictimes.indiatimes.com The former finance secretary said India’s lockdown was faulty, saying the economy will shrink by 10%. Former finance secretary Subhash Chandra Garg on Tuesday said
Already in a mega-recession, India needs a venture capitalist of last resort – The Economic Times
Clipped from: https://economictimes.indiatimes.com India must plan for a terrible year ahead in which GDP falls by 5% or more. Bankruptcies are inevitable. The government is focused
Showing declared value on ‘Bill of Lading’ not mandatory, says expert | Business Standard News
Clipped from: https://www.business-standard.com Rule 3 of the Rules Relating to the Bill of Lading (BL) set out in the Schedule to the Carriage of Goods by
Government launches Electronics Manufacturing Scheme 2.0 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com To give incentives to top 5 global, Indian companies initially The government on Tuesday launched the Electronics Manufacturing Scheme 2.0 to give a
