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Economy

SME lender Drip Capital raises $ 15 mn via fresh round of equity funding

SME lender Drip Capital raises $ 15…

New Delhi, June 22 (KNN) India and California based SME lending startup Drip Capital has raised $15 Mn of an equity funding round from Accel, Sequoia India…

MSMEs' exposure to credit increasing despite GST and Demonetization: CIBIL-SIDBI report

MSMEs' exposure to credit increasing despite GST…

New Delhi, June 21 (KNN) Despite demonetization and GST fever, the credit growth in the MSME sector improved, according to a CIBIL-SIDBI joint report.

Fin Min urges exporters to follow correct procedure of filing returns for quick disbursal of refund claims

Fin Min urges exporters to follow correct…

New Delhi, June 21 (KNN) The Central Board of Indirect Taxes and Customs (CBIC) has so far made total GST refund of Rs 41,548 crore till 16th June,…

Haryana Govt approves funds for setting up integrated multi-nodal logistics hub project

Haryana Govt approves funds for setting up…

New Delhi, June 21 (KNN) Commerce and  Industry Minister of Haryana, Vipul Goel said that the Cabinet Committee on Economic Affairs has approved…

Mandatory to quote PAN even below $ 25000 transactions under LRS

Mandatory to quote PAN even below $…

New Delhi, June 20 (KNN) Now under the Liberalised Remittance Scheme (LRS) quoting of permanent account number (PAN) is mandatory even for transactions…

FISME invited by RBI to interact with Bankers specializing in MSME finance

FISME invited by RBI to interact with…

New Delhi, June 20 (KNN) As part of the RBI’s National Mission for Capacity Building of Bankers for financing MSME Sector (NAMCABS), FISME was invited…

Ban of import of milk and milk products from China extended till December 23, 2018

Ban of import of milk and milk…

New Delhi, June 19 (KNN) The Government of India has extended the ban on import of milk and milk products including chocolates and candies from China for…

Exporters need to comply with global norms for quality and standards to tap international market: Rita Teaotia

Exporters need to comply with global norms…

New Delhi, June 19 (KNN) In a bid to tap international markets, the Government of India has directed exporters particularly from the food and agriculture…

GST helped gather info on small manufacturers, bring entire Textile chain under tax net: Fin Min

GST helped gather info on small manufacturers,…

New Delhi, June 18 (KNN) The Goods and Service Tax (GST) has helped both Centre as well as States to gather data on small manufacturers and consumption,…

India’s trade deficit at 4-month high at $ 14.62 bn

India’s trade deficit at 4-month high at…

New Delhi, June 15 (KNN) India's trade deficit has grown to be at four months high at USD 14.62 billion in May with imports surging nearly 15 per cent,…

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