The Small Industries Development Bank of India (SIDBI) has launched a low-cost, innovative, and self-propelling model of cluster development through its national scheme, Development of Industry Associations (DIA), a release stated.
New Delhi [India], September 24: India's e-commerce market is experiencing an unprecedented boom, with the electronics and appliances sector accounting for a significant 40% of its value. Despite this robust growth, fueled by rising internet and smartphone penetration, the market remains lar
Even as corporate loan growth continues to remain subdued, most public sector banks (PSBs) are expected to post robust loan growth in the coming quarter, primarily led by loans to retail, agriculture, and MSME segments, according to a sector update by Nuvama Institutional Equities.
The Prime Minister highlighted that these reforms will boost savings and directly benefit every section of society, including farmers, women, youth, the poor, middle-class individuals, traders, and MSMEs.
The Indian Pharmaceutical Alliance (IPA) has welcomed the launch of the Next Generation Goods and Services Tax (GST) reforms, calling it a "transformative move" that will make medicines more affordable and accessible.
Congress leader Pawan Khera said there was "nothing new" in the Prime Minister's remarks and accused the government of devastating micro, small and medium enterprises (MSMEs) by implementing demonetisation and GST.
Congress leader also said that the current GST reforms are inadequate. According to Ramesh, Outstanding issues include, "The widespread concerns of MSMEs - the major employment generators in the economy - must be addressed meaningfully. Apart from major procedural changes, this involves f
New Delhi [India], September 20: India is at the cusp of developing and making products for the world, with quality that is of international standards, especially in the electronics and semiconductor industry, and MSMEs and startups have huge potential. It is not a distant ambition but a fas
Pune (Maharashtra) [India], September 19: Bajaj Markets supports micro, small, and medium enterprises (MSMEs) with specially designed business loans catered to fuel their growth and expansion plans. On Bajaj Markets, one can get flexible loan amounts at competitive interest rates starting fr
New Delhi [India], September 19: Honorable Minister for Finance and Minister of Corporate Affairs, Govt. of India, Nirmala Sitharaman urged the industry to partner with the government to bridge the HR insufficiency and prepare the youth for new digital opportunities. She also applauded the e
GST 2.0 is set to almost triple the share of items taxed at 5 per cent, rising from 54 consumption categories under GST 1.0 to 149 categories under GST 2.0, as per a recent study by FICCI CASCADE. For rural households, the share of exempt and merit goods in their consumption basket will rise
Bangalore (Karnataka) [India], September 17: Flipkart, India's homegrown e-commerce marketplace, continues to strengthen its seller ecosystem as the festive season approaches. With a 25-30% rise in transacting sellers over the last six months and up to 30% growth in the quarter leading up to