Empowering MSMEs with News & Insights

Economy

Exports up, trade gap down; good news for MSMEs too

Exports up, trade gap down; good news…

New Delhi, Sep 10 (KNN)  India's merchandise exports which have large contribution from micro, small and medium enterprises (MSME) went up by a healthy…
Small entrepreneurs fear reluctance amongst guarantors as banks begin to shame them

Small entrepreneurs fear reluctance amongst guarantors as…

New Delhi, Sept 10 (KNN)  Small businesses will find it even more difficult to get credit from banks because lenders have started to name and shame…
Indian residents travelling abroad are allowed to carry Rs 10,000

Indian residents travelling abroad are allowed to…

Mumbai, Sept 7 (KNN)  To allow more flexible to resident Indians travelling abroad, the Reserve Bank of India has permitted them to carry currency notes…
IDBI Bank promotes priority sector lending, retail banking and trade finance

IDBI Bank promotes priority sector lending, retail…

Mumbai, Sept 5 (KNN)  The IDBI bank has constantly endeavoured  to cater to the diverse needs of its MSME clients and has developed innovative and…
For Rajan, SMEs are additional tools to generate growth

For Rajan, SMEs are additional tools to…

From Prakash Chawla
Mumbai, Sept 6 (KNN)  When the going is tough for the large corporates, small and medium enterprises are seen…
Raghuram Rajan takes charge from Subbarao as new RBI Governor

Raghuram Rajan takes charge from Subbarao as…

Mumbai, Sept 4 (KNN) Raghuram Rajan, a former chief economist with the International Monetary Fund (IMF) and economic advisor to the finance ministry, takes…
Dent on rupee and impact on SMEs; PM to raise issue with rich nations

Dent on rupee and impact on SMEs;…

New Delhi, Sept 4 (KNN)  As the outflows of funds by global investors is playing havoc with the Indian rupee damaging interests of the industry, particularly…
Govt pins hope on SMEs to achieve 5% growth in the GDP

Govt pins hope on SMEs to achieve…

New Delhi, Sept 3 (KNN) In the wake of the corporate sector facing a severe slowdown, the government is pinning hopes on the small and medium enterprises to…
India's mfg PMI down to 48.5 in Aug; lowest in four years: Survey

India's mfg PMI down to 48.5 in…

New Delhi, Sept 2 (KNN) Indian manufacturing sector activity shrank for the first time in more than four years last month to 48.5 in August from 50.1 in July,…
Depreciating rupee presents challenges, opportunities for India: IMF

Depreciating rupee presents challenges, opportunities for India:…

New Delhi, Aug 31 (KNN)  The depreciating rupee value poises both challenges and opportunities for India, the International Monetary Fund (IMF) has said.