Empowering MSMEs with News & Insights

Economy

Hike in rail freight charges to push raw material cost, say industry bodies

Hike in rail freight charges to push…

New Delhi, Jun 21 (KNN) A tidy increase of 6.5 per cent in freight charges by Railways will push the cost of raw materials like steel and coal besides…
You can carry up to Rs 25,000 travelling abroad

You can carry up to Rs 25,000…

Mumbai, Jun 20 (KNN) Any citizen may take outside India (other than to Nepal and Bhutan) Indian currency notes up Rs 25,000. The same limit…
Crude prices of Indian basket up; prospects for economic revival dim

Crude prices of Indian basket up; prospects…

New Delhi, Jun 19 (KNN)  Amidst tensions in Iraq, the international crude oil price of Indian basket  went up further to USD 11.25 per…
SEBI proposes Crowdfunding to help SMEs raise money through internet, social sites

SEBI proposes Crowdfunding to help SMEs raise…

2.5 lakh villages to get broadband internet in 3 yrs; boom for micro units in rural land

2.5 lakh villages to get broadband internet…

New Delhi, Jun 18 (KNN)  As many as  2,50,000 village panchayats in the country would be provided broadband connectivity within a period…
RBI to shift Non-Resident Foreign Account Division to Delhi

RBI to shift Non-Resident Foreign Account Division…

Abolish APMC Act to control inflation, says CRISIL report

Abolish APMC Act to control inflation, says…

New Delhi, Jun 17 (KNN) The APMC Act should be abolished and delisting of fruits and vegetables from the APMC will help lower prices and keep a check on inflation,…
Let PAN be used as common identification in different dept.; Tax panel to Govt

Let PAN be used as common identification…

New Delhi, Jun 17 (KNN) The Tax Administrative Reforms Commission (TARC) has suggested that the Permanent Account Number (PAN) of the tax assesses should be…
Large industries make MSMEs' cash flow lumpy, says RBI Dy Governor Gandhi

Large industries make MSMEs' cash flow lumpy,…

Kolkata, Jun 16 (KNN)  MSMEs often act as ancillaries to large industries which affect the cash flow of the micro, small and medium enterprises making…
Inflation increases posing challenge for Modi Govt

Inflation increases posing challenge for Modi Govt

New Delhi, Jun 16 (KNN) The inflation even at the wholesale level is rising again with the WPI increasing to 6.01 per cent in May against 4.58 per cent a year…

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