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Economy

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.

Government raises custom duty on wheat from 20% to 30% to curb cheaper imports

Government raises custom duty on wheat from…

New Delhi, May 26 (KNN) In a bid to curb cheaper imports and protect domestic growers, the government has raised the custom duty on wheat from 20% to 30%.

Haryana holds second position in generating e-way bill in the first 20 days of May after Gujarat

Haryana holds second position in generating e-way…

Gurgaon, May 25 (KNN) Haryana is the top second state after Gujarat in generating e-way bill in the first 20 days of May, accounting for 13% from May 1…

Intra-State e-way bill will be mandatory from June 3 across the country

Intra-State e-way bill will be mandatory from…

New Delhi, May 24 (KNN) c

The electronic-way or e-way bill system was launched on April 1 for moving goods worth over Rs 50,000 from one state to…

MSME, not classified as wilful defaulter, to be allowed to bid for cos under Insolvency

MSME, not classified as wilful defaulter, to…

New Delhi, May 24 (KNN) The curbs on promoters of micro, small and medium enterprises (MSMEs) from bidding during insolvency process to take over a company…

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