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Economy

Market cap of BSE SME crosses Rs 8K crore mark

Market cap of BSE SME crosses Rs…

Mumbai, Aug 30 (KNN) The market capitalization of BSE SME crossed Rs 8K mark today to reach at Rs 8,320.03 crore.

With 146 companies listed with…

India discusses FTA, investment issues with UK

India discusses FTA, investment issues with UK

New Delhi, Aug 30 (KNN) Union Finance Minister Arun Jaitley said the Government of India accords high priority to investment in infrastructure, manufacturing…

SIDBI identifies 25 sectors for soft loan funding under Make in India

SIDBI identifies 25 sectors for soft loan…

Nagpur, Aug 29 (KNN) Small Industries Development Bank of India (SIDBI), a dedicated financial institution to cater to the financial need of the MSME sector,…

Banks are not understanding the problems of SMEs: Sitharaman on high interest rates

Banks are not understanding the problems of…

New Delhi, Aug 29 (KNN) Union Minister for Commerce and Industry (Independent Charge) Nirmala Sitharaman has said that Banks are not fully understanding…

Finance Ministry sets up panel to suggest steps to promote card payments

Finance Ministry sets up panel to suggest…

New Delhi, Aug 27 (KNN) With an objective to discourage cash transactions, the Union Finance Ministry has set up a high-level committee to suggest steps…

MSMEs are hard pressed for money, cost of credit high in India: Sitharaman

MSMEs are hard pressed for money, cost…

New Delhi, Aug 26 (KNN) The agony of MSMEs due to exorbitantly high interest rates is a well-known fact which is now being acknowledged by all the top ministers,…

There is a total finance requirement of INR 32.5 trillion in the MSME sector: SS Mundra

There is a total finance requirement of…

New Delhi, Aug 23 (KNN) Stressing that there is still a huge unmet demand for credit for MSMEs in the country, RBI Deputy Governor S S Mundra said there…

Govt considering SIT’s recommendation of banning cash transactions of more than Rs 3 lakh: CBDT

Govt considering SIT’s recommendation of banning cash…

New Delhi, Aug 23 (KNN) With a view to curb black money in the country, the Government is considering Special Investigation Team (SIT’s) recommendation…

Mandatory on GeM to make payment to vendors within 10 days of receipt of goods/services: Lavasa

Mandatory on GeM to make payment to…

New Delhi, Aug 22 (KNN) Hoping that the Government e-Marketplace (GeM) will make process of procurement of goods and services by government buyers more…

SBI to observe first SME Sunday tomorrow to boost financial flow

SBI to observe first SME Sunday tomorrow…

Bhubaneswar, Aug 20 (KNN) With an objective to boost the loan facilities for the Small and Medium Enterprises (SMEs) in Odisha, the State Bank of India…