Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/upskilling-has-become-a-priority-for-smes-in-2021-report/articleshow/81172793.cmsSynopsis The pandemic brought in some unprecedented changes that impacted several industries across the economy, the MSME sector being one of the worst hit.
Efforts on to make 5,000 MSME clusters under SFURTI scheme: Nitin Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/efforts-on-to-make-5000-msme-clusters-under-sfurti-scheme-nitin-gadkari/articleshow/81164649.cmsSynopsis SFURTI (Scheme of Fund for Regeneration of Traditional Industries) offers incentives such as skill development, capacity building, creation of facilities such as common
MSME: Banks, NBFCs or maybe fintechs. Who is in a better position to plug the $240 billion credit gap for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/banks-nbfcs-or-maybe-fintechs-who-is-in-a-better-position-to-plug-the-240-billion-credit-gap-for-msmes/articleshow/81164753.cms SynopsisWith technology transforming the lending landscape, are traditional lenders losing sheen and who’s best placed to lend to SMEs? For 65 million Indian
jet airways: NCLT rejects Jet employee unions’ plea to share details of the resolution plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/nclt-rejects-jet-employee-unions-plea-to-share-details-of-the-resolution-plan/articleshow/81171658.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The petitions argued that the employees of the corporate debtor (Jet Airways) are its assets and are interested in its successful resolution. The
Million-plus challenge fund provides an excellent opportunity for states to reimagine metropolitan governance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/infrastructure/view-million-plus-challenge-fund-provides-an-excellent-opportunity-for-states-to-reimagine-metropolitan-governance/articleshow/81176717.cms Synopsis–An urban centre is a relatively large, dense and permanent settlement of heterogenous individuals. Such centres provide a large market for various goods
climate change: India should head to London climate talks with a definitive plan of action – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-india-should-head-to-london-climate-talks-with-a-definitive-plan-of-action/articleshow/81166119.cmsSynopsis While no country alone can make a difference, change is possible through cooperative global action. With the Biden administration fully prepared to recommit
India needs new fiscal rules targeting the interest-revenue ratio – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-india-needs-new-fiscal-rules-targeting-the-interest-revenue-ratio/articleshow/81176723.cms SynopsisA target for reducing the interest-to-receipts ratio to 33% is easier for the public to grasp — interest on old debts should not
Dealing with the bigger neighbour, China – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/dealing-with-the-bigger-neighbour-china/article33907364.ece Unlike its ties with Russia, bellicosity seems the signature element of Beijing’s approach to India “Our two countries have a basic misreading of
Level platforms: on new law in Australia – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/level-platforms-on-new-law-in-australia/article33907347.ece Other governments might take the cue from Australia’s law making platforms pay for news A new law in Australia that seeks to make technology
Hyderabad has potential to become $100-billion pharma hub by 2030: Telangana Industries Minister KT Rama Rao – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/hyderabad-has-potential-to-become-100-billion-pharma-hub-by-2030-telangana-industries-minister-kt-rama-rao/article33902931.ece ‘Life sciences sector attracted ₹3,700-crore investment in one year’ As a pharma and life sciences hub of the world, Hyderabad is poised to grow
Large resident welfare associations may have to pay GST retrospectively – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/large-resident-welfare-associations-may-have-to-pay-gst-retrospectively/article33905903.ece Experts divided over the interpretation Large resident welfare associations (RWAs) may have to face GST liability retrospectively subject to certain conditions. One particular
Both kinds of currencies will evolve | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/both-kinds-of-currencies-will-evolve-121022100822_1.html Cryptos will develop frameworks for increased privacy, and checks could generate reduced intrusions into uses of conventional money Cryptocurrencies are coming together as alternative
Without legislative backup, govt must not amend rules | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/without-legislative-backup-govt-must-not-amend-rules-121022100867_1.html The GST Council should prevail on the government to avoid such practices as they lead to unnecessary litigation The Finance Bill, 2021, proposes
Future-Reliance deal: Supreme Court halts NCLT approval – The Financial Express
Clipped from: https://www.financialexpress.com/industry/future-reliance-deal-sc-halts-nclt-approval/2199759/ Apex court overturns Delhi HC decision, restores freeze on deal and legal advantage for Amazon Amazon had secured an interim stay on the
Spurred by stamp duty cut, uptick in property sales in Pune continues – The Financial Express
Clipped from: https://www.financialexpress.com/money/spurred-by-stamp-duty-cut-uptick-in-property-sales-in-pune-continues/2199790/ Larger developers have lined up project launches in the last two months to make the best of this run. The number of registrations
CBIC addresses IGST refund issues of exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cbic-addresses-igst-refund-issues-of-exporters/articleshow/81156185.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “It is seen that a considerable number of exporters have been facing difficulties in getting their IGST refund sanctioned either due to lack
Amara Raja begins work on lithium-ion cells, sets up research hub at Tirupati – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/amara-raja-begins-work-on-lithium-ion-cells-sets-up-research-hub-at-tirupati/articleshow/81137280.cmsSynopsis Amara Raja Batteries, the country’s second-largest automotive battery maker, has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati
Domestic fintech lenders gain business as Google cleans up China-backed apps – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/domestic-fintech-lenders-gain-business-as-google-cleans-up-china-backed-apps/articleshow/81156156.cms SynopsisMost domestic fintech lenders that ET spoke with said that their business rose 20-40% month-on-month since December, when the crackdown started. Recently, Google
Judge Biden stimulus on speed of return to pre-Covid unemployment: Yellen | Business Standard News
Clipped from: https://www.business-standard.com/article/international/judge-biden-stimulus-on-speed-of-return-to-pre-covid-unemployment-yellen-121022201195_1.html Speaking to a New York Times Dealbook online event, Yellen also played down the increased debt levels that would be incurred from Biden’s
Unsecured loans come back to haunt private banks after 13-year gap | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/unsecured-loans-come-back-to-haunt-private-banks-after-13-year-gap-121022200670_1.html ICICI Bank, Axis, among others see rise ‘proforma’ slippages in Q3 Banks are again facing stress in the unsecured loan segment, after a