Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/banks-not-willing-to-lend-to-small-businesses-kvic-to-approach-finance-ministry/articleshow/78680137.cmsSynopsis The KVIC has received several complaints about banks not agreeing to lend even to businesses with confirmed government orders. NEW DELHI: The Khadi
Banks need Artificial Intelligence for corporate lending: Krishnamurthy Subramanian, Chief Economic Advisor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-need-artificial-intelligence-for-corporate-lending-krishnamurthy-subramanian-chief-economic-advisor/articleshow/78686042.cmsSynopsis Speaking at a virtual summit organised by Intel and Indian School of Business, he said lending to MSMEs (Micro, Small and Medium Enterprises)
Pay EMIs and credit card dues on time – How to go about improving your credit score in order to better your credit-worthiness | The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/how-to-go-about-improving-your-credit-score-in-order-to-better-your-credit-worthiness/slideshow/78634188.cms 1/5 What exactly is a credit score According to a report by ET, an individual’s credit score plays an important role in determining
Former Polaris Industries MD launches consultancy firm – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/former-polaris-industries-md-launches-consultancy-firm/articleshow/78719119.cmsSynopsis The new venture, launched on the International Day for Eradication of Poverty, which is observed on October 17 every year, also aims to
Amid tensions with China, India warns Amazon, Flipkart over country of origin rule – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/amid-tensions-with-china-india-warns-amazon-flipkart-over-country-of-origin-rule/articleshow/78718189.cmsSynopsis Amazon has often faced regulatory challenges in India. Last year, the government enforced strict rules for foreign investment in e-commerce which forced the
Covid-19: Government identifying 30 crore who will get vaccine on priority – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/covid-19-government-identifying-30-crore-who-will-get-vaccine-on-priority/articleshow/78713999.cmsSynopsis The list has four categories — around 50-70 lakh healthcare professionals, over two crore frontline workers, including police, municipal workers and armed forces,
Agri-reforms : The real gains from reforms in farming sector – The Financial Express
Clipped from: https://www.financialexpress.com/economy/agri-reforms-the-real-gains-from-reforms-in-farming-sector/2107806/ Apart from the immediate gains of unshackling the farm sector, what needs to be kept in mind is the potential it unlocks for
Pesticides to play crucial role of crop insurance as India strives to boost agriculture – The Financial Express
Clipped from: https://www.financialexpress.com/economy/pesticides-to-play-crucial-role-of-crop-insurance-as-india-strives-boost-agriculture-farm-sector-economy/2107780/ The recently proposed ban on 27 pesticides will result in a loss of almost 25 per cent to the pesticide industry in India.
3 lost years of India’s economy: Arvind Subramanian tells why India is not behind Bangladesh – The Financial Express
Clipped from: https://www.financialexpress.com/economy/3-lost-years-of-indias-economy-arvind-subramanian-tells-why-india-is-not-behind-bangladesh/2107887/ Arvind Subramanian said that the market exchange rates are not appropriate for welfare comparisons across time and countries because they may not adequately
RBI slaps crores of rupees of penalty on IndusInd Bank; says bank did not comply with these norms – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-slaps-crores-of-rupees-of-penalty-on-indusind-bank-says-bank-did-not-comply-with-these-norms/2107822/ RBI said that the penalty has been imposed on the basis of the deficiencies in regulatory compliance and is not intended to pronounce
Income Tax dept raids Chandigarh advocate who took Rs 217-crore cash from client – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/income-tax-dept-raids-chandigarh-advocate-who-took-rs-217-crore-cash-from-client/2106738/ The Central Board of Direct Taxes, that frames policy for the tax department, alleged that the lawyer in one case “had received Rs
Government warns public against ‘mischievous’ activities of MSME Export Promotion Council – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/government-warns-public-against-mischievous-activities-of-msme-export-promotion-council/2107843/ The Ministry of Micro, Small and Medium Enterprises (MSME) issued a clarification in this regard alerting the public after taking strong note “of
Jet Airways’ lenders approve resolution plan after 16-month long wait – The Financial Express
Clipped from: https://www.financialexpress.com/industry/jet-airways-lenders-approve-resolution-plan-after-16-month-long-wait-bankrupt-firm-airline-aviation-sector/2107938/ Jet Airways went into bankruptcy in 2019 after it failed to repay mounting debt, reflective of the nation’s struggling aviation sector. Jet Airways’
Pandemic provides unique opportunity to expand business by acquiring distressed assets – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/pandemic-provides-unique-opportunity-to-expand-business-by-acquiring-distressed-assets/articleshow/77282627.cmsSynopsis In this ‘new normal’, deal making in distressed assets is a beacon of hope for the sluggish economy to create synergies and economies
GST laws review: Focus on decriminalising offences and wider use of compounding provisions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-laws-review-focus-on-decriminalising-offences-and-wider-use-of-compounding-provisions/articleshow/77975863.cmsSynopsis The government is evaluating removal of clauses in the law that provide officers powers to arrest taxpayers suspected of evasion. New Delhi: The
Number of women bank borrowers treble in six years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/number-of-women-bank-borrowers-treble-in-six-years/articleshow/78017601.cmsSynopsis Besides loans for agriculture, these loans are essentially for small businesses, kirana stores, food stall, catering, self employment or even home and vehicle
Banks sanction Rs 1.63 lakh crore to 42 lakh MSMEs under credit guarantee scheme – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/banks-sanction-rs-1-63-lakh-crore-to-42-lakh-msmes-under-credit-guarantee-scheme/articleshow/78088593.cmsSynopsis On the disbursement front, however, over Rs 1.18 lakh crore doled out to 25 lakh MSME units, till September 10, which were hit
MSME Ministry: Government asks private sector to clear payments due to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msme-ministry-asks-corporates-to-clear-dues-of-small-units-on-priority/articleshow/78103313.cmsSynopsis The ministry has also asked corporates to ensure that they are filing half-yearly returns as mandated by the Ministry of corporate affairs on
Villgro: Villgro announces upto Rs 10 crore funding through iPitch – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/villgro-announces-upto-rs-10-crores-funding-through-ipitch/articleshow/78105923.cmsSynopsis This year, iPitch is keen to fund women entrepreneurs. The selected enterprises will receive seed funding of upto Rs 2 crore, in the
RBI’s move to boost gold loans will help stressed SMEs and individuals. But risk management is key – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/rbis-move-to-boost-gold-loans-will-help-stressed-smes-and-individuals-but-risk-management-is-key/primearticleshow/77861445.cms Banking ✖ Getty ImagesLabourers pull agoods laden hand-cart past a branch of India’s second largest gold loan firm, Manappuram Finance, in Mumbai. SynopsisThe
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