Empowering MSMEs with News & Insights

Latest News

Are Indian SMEs ready for industry 4.0? AIA Director speaks to KNN India

Are Indian SMEs ready for industry 4.0?…

New Delhi, May 10 (KNN) As industry 4.0 is making a headway globally, whether Indian SMEs are ready for this major technological transformation is a big…

DGFT prohibits import of second-hand or refurbished electronics & IT goods without registration with BIS

DGFT prohibits import of second-hand or refurbished…

New Delhi, May 10 (KNN) Import of second-hand or refurbished electronics and IT goods without registration with the Bureau of Indian Standards (BIS) is…

Local small units are being given step motherly treatment: FOIJ

Local small units are being given step…

Jammu, May 10 (KNN) The Federation of Industries, Jammu (FOIJ) has expressed strong resentment over the total neglect of local micro/small industrial units…

What should be the correct parameter to define MSME?

What should be the correct parameter to…

New Delhi, May 9 (KNN) Micro Small and Medium Enterprises (MSMEs) which form a significant part of Indian industry whether needs a revision/amendment in…

Aurangabad Industrial Township holds a roadshow to attract investors from Telangana & AP

Aurangabad Industrial Township holds a roadshow to…

Hyderabad, May 9 (KNN) Aurangabad Industrial Township Limited (AITL) held a roadshow in Hyderabad to attract investors from Telangana and Andhra Pradesh…

EEPC India seeks RBI's help to cut cost; to stay afloat in tension-ridden global trade

EEPC India seeks RBI's help to cut…

New Delhi, May 9 (KNN) With US-China trade tensions leaving the global financial markets and trade in a state of anxiety, it’s the time when Indian…

MSMEs need to be looked from both perspectives- investment as well as turnover: Yes Bank

MSMEs need to be looked from both…

New Delhi, May 9 (KNN) When it comes to defining Micro, Small and Medium Enterprises (MSMEs), MSMEs need to be looked from the perspectives of both - investment…

Failure to file GST return in time means interest on entire gross tax liability: Telangana HC

Failure to file GST return in time…

New Delhi, May 9 (KNN) In a recent judgement, the Telangana High Court has ruled that in case of late GST returns filling, the liability to pay interest…

Manufacturing MSMEs left in the lurch

Manufacturing MSMEs left in the lurch

By: Yerram Raju

In January 2019, the RBI cautioned that the Pradhan Mantri Mudra Yojana, dubbed as the biggest employment creator and having…

India’s gold jewellery exports up 24% in FY19; polished exports remain steady: GJEPC

India’s gold jewellery exports up 24% in…

New Delhi, May 9 (KNN) India’s gross exports of gold jewellery rose by 24.36% to USD 12.03 billion in fiscal year (FY) 2019 while exports of cut and…

RBI calls for setting up ‘State Finance Commissions’ for state governments

RBI calls for setting up ‘State Finance…

Mumbai, May 9 (KNN) The RBI has called for setting up ‘State Finance Commissions’ for state governments. It discussed public sector borrowing…

Ex-Chairman of GSTN and Former MD of IMA India joins Wheebox Board

Ex-Chairman of GSTN and Former MD of…

New Delhi, May 8 (KNN) The Online Talent Assessment firm, Wheebox announced today that Navin Kumar, ex-chairman of Goods and Services Tax Network (GSTN),…

Meity to launch Startup Hub portal on May 10

Meity to launch Startup Hub portal on…

New Delhi, May 8 (KNN) The Ministry of Electronics and Information Technology (MeitY) will launch the MeitY Startup Hub (MSH) portal on May 10 to promote…

Expert Committee discusses issues of tea industry

Expert Committee discusses issues of tea industry

Guwahati, May 8 (KNN) The expert committee constituted by the Assam Government discussed at length the issues relating to the tea industry of the state…

Currently US businesses face significant market access barriers in India: Wilbur Ross

Currently US businesses face significant market access…

New Delhi, May 8 (KNN) The US Commerce Secretary, Wilbur Ross accused India for imposing high import duties and tariffs on US products.

Ross, who…

CAIT, CreditEnable launches Changemakers program to secure affordable finance for Indian SMEs

CAIT, CreditEnable launches Changemakers program to secure…

Mumbai, May 8 (KNN) The Confederation of All India Traders (CAIT) and CreditEnable, a UK fintech specializing in credit solutions for the SME sector, have…

Commerce Ministry interacts with Indian business community in Africa to boost trade ties

Commerce Ministry interacts with Indian business community…

New Delhi, May 8 (KNN) To build an effective engagement with the Indian Diaspora in Africa to further deepen and strengthen India-Africa trade ties, the…

Aurangabad students showcase innovative solutions to the problems of MSMEs at Innovation Camp

Aurangabad students showcase innovative solutions to the…

Aurangabad, May 7 (KNN) Under industry-academia engagement initiative of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), students who…

Cashew industry facing closure due to surge in fraudulent import of cashew kernel from competing countries: CEPCI

Cashew industry facing closure due to surge…

New Delhi, May 7 (KNN) The cashew processors and exporters lead by the Cashew Export Promotion Council of India (CEPCI) have expressed concern at sharp…

RBI invites full-time faculty members from academic institutions for research

RBI invites full-time faculty members from academic…

New Delhi, May 7 (KNN) The Reserve Bank of India (RBI) has invited full-time faculty members teaching economics or finance in any University Grants Commission…