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Economy

Intra-State e-way bill mandatory from tomorrow for all states

Intra-State e-way bill mandatory from tomorrow for…

New Delhi, June 2 (KNN) Taking a major step forward in checking tax evasion under goods and service tax (GST), intra-state e-way bill for moving goods within…

Manufacturing PMI at 51.6 in May, indicates sluggish expansion in sector

Manufacturing PMI at 51.6 in May, indicates…

New Delhi, June 1 (KNN) The Nikkei India Manufacturing Purchasing Managers’ Index (PMI) fell from 51.6 in April to 51.2 in May indicating sluggish…

MSME lender CoinTribe raises $10 million fund in series B round from Sabre Partners

MSME lender CoinTribe raises $10 million fund…

New Delhi, June 1 (KNN) CoinTribe Technologies Pvt. Ltd, an online lending platform for Micro, Small and Medium Enterprises (MSMEs) has raised $10 million…

Six states rolling intra-state e-way bill from today

Six states rolling intra-state e-way bill from…

New Delhi, June 1 (KNN) As many as six states – Punjab, Odisha, Mizoram, Chhattisgarh, Goa and Jammu & Kashmir – are rolling e-way bill…

Myforexeye raises USD 500,000 in bridge round funding; aims to simplify forex trading for MSMEs

Myforexeye raises USD 500,000 in bridge round…

New Delhi, May 30 (KNN) Forex service provider Myforexeye which provides treasury, hedging and risk management solutions has recently raised USD 500,000…

Liquidity is a major concern for MSMEs; GST refunds of Rs 20,000 crore pending: FIEO

Liquidity is a major concern for MSMEs;…

New Delhi, May 30 (KNN) Refund of over Rs 20,000 crore is pending on account of GST due to which MSME exporters are facing liquidity crisis, said Ganesh…

Banks disbursed Rs 6 lakh crore to 12 crore beneficiaries under Mudra Yojana: PM Modi

Banks disbursed Rs 6 lakh crore to…

New Delhi, May 29 (KNN) During an interaction with beneficiaries of the Mudra Yojana (PMMY) scheme, Prime Minister Narendra Modi said that Rs 6 lakh crores…

No change in the GST law and taxation relating to farmers since July, 2017, clarifies Finance Ministry

No change in the GST law and…

New Delhi, May 29 (KNN) There has been no change in the Goods & Services Tax (GST) law and taxation related to farmers, clarified the Ministry of Finance.

Aye Finance disburses 60,000 loans worth INR 700 crores to MSMEs

Aye Finance disburses 60,000 loans worth INR…

New Delhi, May 28 (KNN) The Gurgaon-based Micro, Small and Medium Enterprises (MSME) lender Aye Finance has disbursed 60,000 loans to the sector till date,…

India’s growth story continues to be region specific if the credit release is any indication

India’s growth story continues to be region…

New Delhi, May 28 (KNN) India’s much hyped growth story is limited to some regions and may be completely unknown in populous states like Uttar Pradesh.