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Exim Bank asks government to redefine MSMEs

Exim Bank asks government to redefine MSMEs

Mumbai, May 24 (KNN): Export-Import Bank of India (Exim Bank) has asked the government to revise the definition of micro, small and medium enterprises (MSMEs) to make exports…
Non-performing assets in SMEs are a challenge: SBI

Non-performing assets in SMEs are a challenge:…

Kolkata, May 24 (KNN) The non-performing assets in small and medium enterprises (SMEs) and agriculture are a challenge for State Bank of India (SBI) which has suffered 18.5…
Govt relaxes limit for market development assistance

Govt relaxes limit for market development assistance

New Delhi, May 23, (KNN)  Government today raised the limit of freight on board shipment from Rs 15 crore to Rs 30 crore for availing Market Development…
Pharma exports to EU must comply with stricter rule

Pharma exports to EU must comply with…

New Delhi, May 23 (KNN) Exporters of pharmaceutical products to the European Union (EU) will now require a written confirmation from the Indian government…
Textile park costing Rs 1000 cr to come up in Karnataka

Textile park costing Rs 1000 cr to…

Bengaluru, May 23 (KNN) The Karnataka government has announced its plan to set up a 1,000-acre textile park at a cost of Rs 1,000 crore in the assembly constituency…
AP gems & jewellery fair to focus on modern practices

AP gems & jewellery fair to focus…

Hyderabad, May 22 (KNN) The city is hosting a three-day jewellery and gem fair to focus on modern techniques in jewellery making to help both jewellers and…
AP to de-notify IT SEZs

AP to de-notify IT SEZs

Hyderabad, May 22 (KNN)  The Government of Andhra Pradesh has no option but to de-notify its information technology special economic zones (SEZs) in tier…
Skill shortage taking sheen off gems and jewellery

Skill shortage taking sheen off gems and…

From Gunja
New Delhi, May 22 (KNN) Gems and jewellery industries, concentrated in the unorganised sector are suffering owing to shortage…
Exporters to repatriate proceeds in 9 months

Exporters to repatriate proceeds in 9 months

New Delhi, May 21 (KNN) The Reserve Bank of India (RBI) has reduced the repatriation time of proceeds to nine months for full value of goods or software…
Move to revive electric equipment industry

Move to revive electric equipment industry

New Delhi, May 21 (KNN) The government is planning to revive the electric equipment industry which has been hit by a poor order book and cheap imports by increasing…