Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/smes-why-do-they-numerically-dominate-an-economy-despite-heavy-odds-for-their-operations/2246675/ SMEs emerge rapidly at varying rates, irrespective of times, and nations, primarily owing to locational influences, process influences, and market influences. Of late,
ECLGS 3.0: Hospitality MSMEs urge govt for changes in borrower status, calculation of outstandings, more – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/eclgs-3-0-hospitality-msmes-urge-govt-for-changes-in-borrower-status-calculation-of-outstandings-more/2247086/ Ease of Doing Business for MSMEs: The Finance Ministry had on March 31, 2021, introduced ECLGS 3.0 to cover enterprises in hospitality, travel
Govt buying from MSEs declines for second consecutive year even as share in overall procurement jumps – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/govt-buying-from-mses-declines-for-second-consecutive-year-even-as-share-in-overall-procurement-jumps/2247301/ The share of public procurement from MSEs has been on an upward trajectory from as low as 12 per cent in FY15 to
Ethereum now more valuable than Visa, JPMorgan Chase; Bitcoin-rival among top five financial services – The Financial Express
Clipped from: https://www.financialexpress.com/market/ethereum-now-more-valuable-than-visa-jpmorgan-chase-bitcoin-rival-among-top-five-financial-services/2247384/ Ethereum has exploded in the past 12 months. The price has increased over 16 times from $206 as of May 7, 2020, to
Roadmap for MSMEs’ survival amid Covid 2.0: What govt must immediately do to tackle impending setback – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/roadmap-for-msmes-survival-amid-covid-2-0-what-govt-must-immediately-do-to-tackle-impending-setback/2247439/ The government should abolish the mandatory requirement of CIBIL score for extending loan facility and instruct banks not to consider the past performance
Supply-chain: Solar industry crimped by supply chain and logistical challenges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/solar-industry-crimped-by-supply-chain-and-logistical-challenges/articleshow/82398275.cmsSynopsis The solar industry is facing a constellation of issues this year including higher prices for steel and aluminum, as well as elevated freight
RBI must not delegate – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbi-must-not-delegate/article34491794.ece Why ask IBA to compute loan relief amount? On March 27, 2020, the Reserve Bank of India notified the Covid-19 package to provide
Aluminium — the metal for an ‘Atmanirbhar Bharat’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/aluminium-the-metal-for-an-atmanirbhar-bharat/article34491805.ece The govt must rectify the pricing anomalies of bauxite to boost local production The primary source for aluminium is bauxite ore, which is
Are States’ GST collections on track? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/are-states-gst-collections-on-track/article34491863.ece The GST mop-up in the past three years has been less than impressive and major States are staring at huge shortfalls GST collection
Easing the pain – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/easing-the-pain/article34491755.ece RBI has shown itself to be both proactive and prudent in its response to the second wave With the Centre hobbled by fiscal
With the RBI deciding to give G-SAP a further ‘push’, G-Sec prices rally – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/with-the-rbi-deciding-to-give-g-sap-a-further-push-g-sec-prices-rally/article34492243.ece Second auction of G-Secs for ₹35,000 cr under G-SAP 1.0 to be held on May 20 The Government Securities (G-Secs) prices rose on
Services PMI eased to 3-month low in April – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/services-pmi-eased-to-3-months-low-in-april/article34489098.ece Services has maximum share in India’s GDP with over 57 per cent contribution. India’s services sector showed some stress in April as Purchasing
RBI allows lenders to revamp MSME accounts under Covid-19 related stress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/rbi-allows-lenders-to-revamp-msme-accounts-under-covid-19-related-stress/article34495597.ece The Reserve Bank of India (RBI) has allowed lenders to extend the facility for restructuring existing loans of micro, small and medium enterprises
Resolution of Covid stress of Individuals and Small Biz: RBI asks lenders to frame policies within a month – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/resolution-of-covid-stress-of-individuals-and-small-biz-rbi-asks-lenders-to-frame-policies-within-a-month/article34495622.ece Individuals who have availed of loans and advances for business purposes; and small businesses, other than those classified as micro, small and medium
AA framework offers UPI-style revolution in MSME financing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/aa-framework-offers-upi-style-revolution-in-msme-financing/articleshow/82423717.cmsSynopsis Four private banks set to go live by July on account aggregator framework Private sector lenders IndusInd Bank, HDFC Bank, ICICI Bank and
RBI’s latest moves should help buffer small businesses against impact of second Covid wave, but much rests on banks – The Financial Express
lipped from: https://www.financialexpress.com/opinion/rbis-latest-moves-should-help-buffer-small-businesses-against-impact-of-second-covid-wave-but-much-rests-on-banks/2246650/ Bankers must be relieved the Governor hasn’t asked them to offer borrowers a moratorium on the repayment of interest and principal. To try
Atmanirbhar Bharat & the informal sector – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/atmanirbhar-bharat-the-informal-sector/2246639/ Reconciling the hand-to-mouth existence of units in the informal sector with their stipulated globally competitive role in the Atmanirbhar Bharat is a Herculean
Need cash support, more rural jobs to tackle Covid impact: Azim Premji University – The Financial Express
Clipped from: https://www.financialexpress.com/economy/need-cash-support-more-rural-jobs-to-tackle-covid-impact-azim-premji-university/2246774/ Azim Premji University has proposed the government to undertake additional spending to support extension of free rations beyond June till the end of
Markets may be ignoring banks’ NPA risk from second coronavirus wave | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/markets-may-be-ignoring-the-npa-risk-of-new-covid-and-sfb-loans-121050501219_1.html New measures allow banks to defer full recognition of NPAs, encourage lending to areas having high probability of defaults The RBI’s new measures
Foreigners won’t need PAN for investment in GIFT alternate investment funds | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/government-eases-gift-entry-for-foreign-investors-in-category-iii-aifs-121050500483_1.html PAN requirement will no longer apply to such investors The government has eased personal account number (PAN) requirements for foreign investors in the
aniltikotekar4sme.com 