Empowering MSMEs with News & Insights

Economy

IOB decides to link Retail, MSME loans to repo rate

IOB decides to link Retail, MSME loans…

Mumbai, Sep 19 (KNN) Indian Overseas Bank has decided to offer Repo Linked Lending rate (RLLR) for the new loans sanctioned under retail segment like housing,…

Fin Min announces measures to revive economy

Fin Min announces measures to revive economy

New Delhi,  Sep 16 (KNN) Union Finance Minister Nirmala Sitharaman announced third set of government decision focussing on providing a fillip to exporters…

Govt imposes $850 per tonne MEP on onion exports, aims to curtail domestic prices

Govt imposes $850 per tonne MEP on…

New Delhi, Sep 14 (KNN) The government has imposed a minimum onion export price of $850 per tonne to curb its shipments and to curtail down domestic prices.

India’s exports exhibit negative growth of 6.05% in Aug 2019

India’s exports exhibit negative growth of 6.05%…

New Delhi, Sep 14 (KNN) India's exports dropped by 6.05 per cent to $26.13 billion in August 2019 exhibiting a negative growth in the various sectors…

No licence would be required for manufacture of goods except for few items like tobacco, hazardous chemicals; move to benefit MSMEs

No licence would be required for manufacture…

New Delhi, Sept 13 (KNN) Taking a step towards improving ease of doing business, the government relaxed license rules for some sections of manufacturing.…

All pending GST refunds due to MSMEs will be paid within 30 days, says Piyush Goyal

All pending GST refunds due to MSMEs…

New Delhi, Sep 12 (KNN) All pending GST refunds due to MSMEs will be paid within 30 days and improved One Time Settlement policy will benefit MSMEs and…

India will protect its national interest while signing RCEP trade agreement

India will protect its national interest while…

New Delhi, Sep 12 (KNN) India will protect its national interest while signing the Regional Comprehensive Economic Partnership (RCEP) trade agreement and…

MEIS has not been discontinued, says DGFT

MEIS has not been discontinued, says DGFT

New Delhi, Sep 10 (KNN) The Commerce Ministry has clarified that export incentive scheme Merchandise Exports from India Scheme (MEIS) has not been discontinued…

Govt looking at challenges faced by various sectors: Fin Min

Govt looking at challenges faced by various…

New Delhi, Sep 7 (KNN) The Finance Minister Nirmala Sitharaman said the government is looking at challenges faced by various sectors.

Answering…

As festive season is around the corner, decisions with regard to auto sector should be taken quickly without delay

As festive season is around the corner,…

New Delhi, Sep 6 (KNN) There is an urgent need to come out with an integrated Incentive based Scrappage policy covering all segments of the Auto Industry…