Msme

Thursday, Apr 18, 2024 | Last Update : 06:18 AM IST

Spacenet’s vision is driven by New Age Technology, ESG compliance, zero debt, low capex, and high scalability. (Photo by arrangement)

Spacenet Board approves to raise 100Cr Through Preferential Issue

Spacenet Investments will capitalise on these technological trends that are set to shape the next decade

17 Aug 2023 10:59 PM

Even among metros, Bangalore at 124 per cent and Chennai at 102 per cent have seen demand moving above pre-Covid levels. In Hyderabad it is around 84 per cent, Delhi 76 per cent, Mumbai 59 per cent and Pune 50 per cent. — Representational image/ANI

Credit demand of MSMEs at 85 pc of pre-Covid levels

In case of metro cities, demand is around 81 per cent levels as of March 2022. Non-metros have seen a rebound to 99% of pre-Covid levels

14 Jun 2022 1:00 AM

Taming regulatory excess in retail markets

Sadly, legislation, in democracies, is strongly influenced by political economy which dilutes technical good sense

18 Jul 2021 7:47 AM

The World Bank on Monday signed a 750 million dollar agreement with the government for MSME emergency response programme. (AFP Photo)

World Bank, India sign Rs 5,600 crore support to COVID-19 hit MSMEs

The programme will address immediate liquidity and credit needs of nearly 15 lakh viable MSMEs

07 Jul 2020 10:31 AM

MSMEs feel heat due to delay in clearance of Chinese goods

Officials at Chennai Customs, however, told that they clear the goods of big companies because they have their own logistic facilities

04 Jul 2020 10:28 AM

Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal, says India Ratings

The rating agency said most sectors are likely to experience varying degrees of revenue contraction due to demand and supply disruptions

22 May 2020 12:28 PM

Union Finance Minister Nirmala Sitharaman. (PTI Photo)

Rs 3 lakh crore collateral-free automatic loan for businesses, MSMEs: Sitharaman

To provide stressed MSMEs with equity support, the government will facilitate the provision of Rs. 20,000 crore as subordinate debt

13 May 2020 5:33 PM

Income Tax Department cautions people against phishing e-mails promising refund. (PTI Photo)

Taxpayers beware of phishing e-mails promising refund

The department issued nearly 14 lakh refunds involving an amount of over Rs 9,000 crore to various taxpayers

03 May 2020 4:05 PM

The government has emphasized on supporting the MSME sector by providing employment opportunities.

Platforms enabling easy access to short term loans and finance MSMEs

In this technologically advanced era, here are 5 fintech players that are disrupting the space by providing flexible benefit plans to MSMEs.

25 Feb 2020 7:06 AM

The sector contributes significantly to the industrial production, employment and exports of the country. (Photo: File)

What are real challenges for MSMEs when they file GST return?

MSME has to perform many functions in their day-to-day business working; one of the vital roles is to stay compliant with GST.

19 Dec 2019 12:10 PM

Union MSME and Road Transport Minister Nitin Gadkari.

Govt working on policy to push MSME exports: Gadkari

MSME sector has 29 per cent contribution in country's growth and 48 per cent of export is done through MSMEs.

16 Nov 2019 5:11 PM

Fintech players are disrupting this space with their advanced technology and by providing flexible benefits plan to these MSME’s. (Representational Image)

Platforms enabling easy access to finance for the MSMEs

MSMEs contribute 6.11 pc to the manufacturing GDP, 24.63 pc to the GDP from service activities, and 33.4 pc to manufacturing output.

15 Nov 2019 3:47 PM

We are careful once we are negotiating with agreements trade deals. Trade is a very complex subject. We have to factor in long terms implications and therefore any engagement which will do will result in a best for the people of India for our industry, MSME sector, for job creation and employment opportunities, said Union Minister Piyush Goyal. (Photo: File)

No more FTAs signing in rush, assures Piyush Goyal

In terms of RCEP, I want to clarify that lots of wrong information are being spread, said Union Minister Piyush Goyal.

31 Oct 2019 12:54 PM

As sales increases, more and more inventory needs to be financed.

5 fintech platforms who are working towards uplifting the SME and MSME sector

Time-sensitive working capital needs have to be assessed across inventory, payables and receivables.

18 Oct 2019 11:10 AM

According to returns filed by the large corporates to the Ministry of Corporate Affairs, as much as Rs 40,000 crore is due to the MSME sector.

Over Rs 81,700 cr disbursed by banks during 9-day loan mela: FinMin

FM said that banks have been asked to provide bill discounting facility to the MSME sector against payments due from the large corporates.

14 Oct 2019 2:45 PM

Finance Minister Nirmala Sitharaman also said that the government's capital expenditure was on track and Budget estimates would be met. (Photo: File | ANI)

Govt looks to push infra spending, has cleared MSME dues: FM Sitharaman

Government should not sit on over due payments, Sitharaman said, adding the money should go to people who have been waiting for it.

27 Sep 2019 6:48 PM

Bank has also extended the external benchmark-based lending to medium enterprises, to boost lending to the MSME sector as a whole.

SBI to adopt repo rate as external benchmark for all floating rate loans

The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.

23 Sep 2019 11:05 AM

Finance Minister Nirmala Sitharaman. (Photo: File)

No stressed MSME loan to be declared NPA till March 2020: FM

FM said banks have been asked to follow that circular and not declare any stressed MSME loan as NPA till March.

19 Sep 2019 8:24 PM

The government announced a slew of measures in three dosages which include a special window for real estate, export incentives, bank consolidation and sops for micro, small and medium enterprises (MSMEs) and the automobile sector.

Govt mulling another booster dose to reinvigorate economy

The blue print for the stimulus is ready that would be announced by FM Nirmala Sitharaman in the next few days, an official said.

17 Sep 2019 6:39 PM

Vyapar today boats a customer base of 1 Million along with 4.6 app rating on Google play store.

Vyapar, Mobile Billing software for MSMEs raises Rs36 cr from IndiaMART

The investment will also help the brand, to expand its network to new cities, with core focus on Technology.

17 Sep 2019 9:55 AM

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Syed Ata Hasnain

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