Empowering MSMEs with News & Insights

Economy

RBI measures to curb gold sale hurts small traders and artisans

RBI measures to curb gold sale hurts…

Mumbai, Jul 1 (KNN)  Moving a step further to curb gold imports, the Reserve Bank of India (RBI) has asked banks not to accept cards or allow EMI schemes…
NSIC to sign pact with SBI for easy credit to SMEs

NSIC to sign pact with SBI for…

New Delhi, Jul 1 (KNN) The National Small Industries Corporation (NSIC) is likely to sign a pact with State Bank of India (SBI) for providing affordable…
RBI to compensate banks for reporting counterfeit notes

RBI to compensate banks for reporting counterfeit…

New Delhi, Jun 29 (KNN) The Reserve Bank of India will compensate banks 25 per cent of the loss incurred by them in respect of counterfeit notes in the denomination…
CII bats for goods and services tax

CII bats for goods and services tax

New Delhi, Jun 29 (KNN)  The Confederation of Indian Industry (CII) today said that implementation of goods and services tax will make India a single…
RBI allows jewellery exporters to avail credit to import gold

RBI allows jewellery exporters to avail credit…

Mumbai, Jun 29 (KNN)  In order to boost jewellery exports, the Reserve Bank of India (RBI), according to a statement issued earlier this week, has…
Multi brand retailers call for changes in FDI policy applicable to them

Multi brand retailers call for changes in…

New Delhi, Jun 28 (KNN)  Multi-brand retail owners in a meeting with Commerce and Industry Minister Anand Sharma  have asked the government to change…
Govt allows discoms to convert liabilities into bonds

Govt allows discoms to convert liabilities into…

New Delhi, Jun 27 (KNN)  The government has approved of the financial restructuring of state owned power discoms to allow the conversion of 50 per cent…
SMEs, the focus for Bank of Baroda

SMEs, the focus for Bank of Baroda

Baroda, Jun 27 (KNN)  Bank of Baroda, the country’s second largest lender posted a growth of 30.3 per cent in the small and medium enterprises segment…
RBI increases time limit for depositing forms for project exports and service contracts

RBI increases time limit for depositing forms…

New Delhi, Jun 26 (KNN)  The Reserve Bank of India has decided to increase time limit for submitting the DPX1, PEX-1 and TCS-1 forms by exporters undertaking…
Sebi allows start-ups, SMEs to list on markets without IPO

Sebi allows start-ups, SMEs to list on…

New Delhi, Jun 26 (KNN)  Market regulator Securities and Exchange Board of India (Sebi) has allowed start-ups and small and medium enterprises to be listed…

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