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Retail trade lost business worth Rs 9 lakh crore since lockdown: CAIT
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Retail trade lost business worth Rs 9 lakh crore since lockdown:…

New Delhi, May 25 (KNN) The Confederation of All India Traders (CAIT) has stated that the country's retail trade lost business worth Rs 9 lakh crore…

CICU urges Punjab govt to stop free trains for migrants as industries open
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CICU urges Punjab govt to stop free trains for migrants as industries…

Ludhiana, May 25 (KNN) Chamber of Industrial and Commercial Undertakings (CICU) along with 33 affiliated industrial associations has urged the state government…

MSMEs – Think Anew and Act Afresh: A Ten Point Plan
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MSMEs – Think Anew and Act Afresh: A Ten Point Plan

B. Yerram Raju*

Hyderabad, May 25 (KNN) MSME Surveys done by various organizations revealed that the packages released…

Bank of Maharashtra sanctions Rs 2,789 cr in three months to MSMEs
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Bank of Maharashtra sanctions Rs 2,789 cr in three months to…

Mumbai, May 25 (KNN) State-owned Bank of Maharashtra has sanctioned loans worth Rs 2,789 crore to Micro Small and Medium Enterprises (MSME), self-help group,…

FM asks PSUs to implement ''AtmaNirbhar Bharat
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FM asks PSUs to implement ''AtmaNirbhar Bharat

New Delhi, May 23 (KNN) The Union Finance Minister Nirmala Sitharaman has asked Public Sector Undertakings (PSUs) to implement "AtmaNirbhar Bharat"…

AP govt releases first instalment for MSME sector worth Rs 450 crore
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AP govt releases first instalment for MSME sector worth Rs 450…

Amaravati, May 23 (KNN) Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has released the first instalment worth Rs 450 crore out of the total Rs 1,110…

CBDT issues tax refunds worth Rs 26,242 cr since April 1st
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CBDT issues tax refunds worth Rs 26,242 cr since April 1st

New Delhi, May 23 (KNN) Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 assessees since April 1st, 2020…

Govt planning to agro MSMEs to push rural entrepreneurship
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Govt planning to agro MSMEs to push rural entrepreneurship

New Delhi, May 23 (KNN) The government is working on creating an agro Micro, Small and Medium Enterprises (MSME) category to push entrepreneurship in rural…

India's vision of USD 5 trillion economy by 2025 encouraging MSMEs to play significant role in it: Alibaba.com
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India's vision of USD 5 trillion economy by 2025 encouraging…

New Delhi, May 22 (KNN) Despite economy distress caused by COVID-19, Stephen Kuo, Head of Asia Pacific of Alibaba.com—believed that India's vision…

RBI measures will allow more liquidity in hands of exporters: FIEO president
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RBI measures will allow more liquidity in hands of exporters:…

New Delhi, May 22 (KNN) Welcoming the Reserve Bank of India's (RBI) announcement, Federation of Indian Export Organisations (FIEO) president Sharad…

AP announces Rs 1,110 crore ReSTART package for MSMEs
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AP announces Rs 1,110 crore ReSTART package for MSMEs

Hyderabad, May 22 (KNN) In a bid to help Micro Small and Medium Enterprises (MSME) to tide over the economic crisis due to COVID-19 pandemic, the Andhra…

CoO applications for exports to Thailand & Vietnam to be submitted manually by exporters: DGFT
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CoO applications for exports to Thailand & Vietnam to be submitted…

New Delhi, May 22 (KNN) The Directorate General of Foreign Trade (DGFT) has said that the e-platform (coo.dgft.gov.in) will not accept Certificate of Origin…

Measures announced by RBI will help India's stressed export sector: TPCI
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Measures announced by RBI will help India's stressed export…

New Delhi, May 22 (KNN) After the announcements made the Reserve Bank of India (RBI), the exporters are hopeful that the measures will help India's…

RBI announces measures to support export import; gives greater flexibility to SIDBI
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RBI announces measures to support export import; gives greater…

Mumbai, May 22 (KNN) The Reserve Bank of India's Governor Shaktikanta Das today said the measures being announced today can be broadly delineated under…

RBI cuts repo rate by 40 bps, extends loan moratorium by another 3 months
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RBI cuts repo rate by 40 bps, extends loan moratorium by another…

New Delhi, May 22 (KNN) The Reserve Bank of India (RBI) on Friday, cut the repo rate by 40 basis points (bps) to 4 per cent, while the reverse repo rate…

Indian industry must seize global opportunities: Foreign Secretary
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Indian industry must seize global opportunities: Foreign Secretary

New Delhi, May 22 (KNN) Foreign Secretary Harsh Vardhan Shringla has asserted that Indian industries must seize global opportunities amidst COVID-19 crisis. 

Tourism industry seeks MSME status for guest houses
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Tourism industry seeks MSME status for guest houses

New Delhi, May 21 (KNN) Lockdown due to Covid-19 pandemic has not only brought businesses of Micro Small and Medium Enterprises (MSME) or large corporate…

DPSUs have been asked to clear payments of MSMEs: Defence Secretary
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DPSUs have been asked to clear payments of MSMEs: Defence Secretary

New Delhi, May 21 (KNN) Acknowledging the hardships faced by the defence industry including the micro, small and medium enterprises (MSME) sector, Raksha…

CEPC is in process of finalising virtual fairs to ensure business continuity
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CEPC is in process of finalising virtual fairs to ensure business…

New Delhi, May 21 (KNN) In the preview of COVID-19 situation, Carpet Export Promotion Council (CEPC) is in the process of finalising the virtual fairs as…

Cabinet approves Rs 3 lakh crore funding for MSMEs
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Cabinet approves Rs 3 lakh crore funding for MSMEs

New Delhi, May 20 (KNN) The union cabinet on Wednesday cleared Rs 3 lakh crore to Micro, Small and Medium Enterprise (MSME) and interested MUDRA borrowers…