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Industry reacts to RBI’s decision of reducing repo rate

Industry reacts to RBI’s decision of reducing…

New Delhi, Feb 7 (KNN) Sharing reactions with KNN India on reduction of the repo rate by 25 basis points, experts from various organizations welcomed the…

Gujarat Shops and Establishment Act 2019 aims to make lives easier for retailers in state: RAI

Gujarat Shops and Establishment Act 2019 aims…

New Delhi, Feb 7 (KNN) The State Government of Gujarat has amended the Gujarat Shops and Establishment Act and the amended bill will be presented in the…

Under IBC, RBI allows cheaper funds for corporate bidders

Under IBC, RBI allows cheaper funds for…

New Delhi, Feb 7 (KNN) With a view to make funds cheaper for companies bidding for stressed firms under the Insolvency and Bankruptcy Code (IBC), the Reserve…

AP Govt allocates Rs 1000 crore for MSMEs in the state budget

AP Govt allocates Rs 1000 crore for…

New Delhi, Feb 7 (KNN) For the financial year 2019-20, Andhra Pradesh Chief Minister Yanamala Ramakrishnudu proposed a sum of Rs 1000 crore for Micro Small…

There is an urgent requirement to pay attention to the need for well managed clusters: Chairman, FMC

There is an urgent requirement to pay…

New Delhi, Feb 7 (KNN) To promote clusters across India, there is an urgent requirement to pay attention to the need for well managed clusters, said Arun…

UP Govt’s Budget allocates Rs 250 crore for ODOP scheme, Rs 10 cr for MSME Promotion Policy 2017

UP Govt’s Budget allocates Rs 250 crore…

New Delhi, Feb 7 (KNN) Yogi Adityanath led UP Government presented its budget for the year 2019-20 today. Several announcements have been made with regard…

Loans get cheaper now as RBI cuts lending rate by 25 basis points

Loans get cheaper now as RBI cuts…

New Delhi, Feb 7 (KNN) Assessing the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) in its meeting today has reduced…

Commerce Ministry invites comments from stakeholders on Draft National Logistics Policy

Commerce Ministry invites comments from stakeholders on…

New Delhi, Feb 7 (KNN) Logistics Division in the Department of Commerce, Ministry of Commerce and Industry has invited comments and suggestions on the Draft…

Institution of Income-Tax Ombudsman & Indirect Tax Ombudsman to be abolished: Cabinet

Institution of Income-Tax Ombudsman & Indirect Tax…

New Delhi, Feb 7 (KNN) The Institution of Income-Tax Ombudsman and Indirect Tax Ombudsman will be abolished as the public prefer more the alternative complaint…

New definition of MSME will be implemented by the new elected government: Giriraj

New definition of MSME will be implemented…

New Delhi, Feb 7 (KNN) The Parliamentary Standing Committee on Commerce & Industry has recommended some improvements in definition of Micro, Small and…

Drip Capital apprises SME exporters in Ghaziabad about alternative working capital solutions

Drip Capital apprises SME exporters in Ghaziabad…

New Delhi, Feb 7 (KNN) Trade finance firm Drip Capital apprised the SME exporters in Ghaziabad about the alternative working capital solutions like factoring…

FMC & GIZ organized ‘Cluster Conclave and 5th Responsible BMO Award: Innovate to lead’

FMC & GIZ organized ‘Cluster Conclave and…

New Delhi, Feb 7 (KNN) The Foundation for MSME Clusters (FMC) in conjunction with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and…

Restrictions stipulated in FDI policy for e-commerce should invariably be imposed on domestic e-comm players: CAIT

Restrictions stipulated in FDI policy for e-commerce…

New Delhi, Feb 6 (KNN) The rules enforced on FDI funded e-commerce portals should be imposed on domestic e-commerce players, said Confederation of All India…

Tap opportunities in food processing sector: Meghalaya CM to young entrepreneurs

Tap opportunities in food processing sector: Meghalaya…

New Delhi, Feb 6 (KNN) Meghalaya Chief Minister Conrad Sangma urged the people, especially the young entrepreneurs, to utilize the opportunities in the…

GJEPC Gujarat conducts a week long ‘Diamond Grading’ workshop in Surat

GJEPC Gujarat conducts a week long ‘Diamond…

New Delhi, Feb 6 (KNN) The Gem & Jewellery Export Promotion Council (GJEPC) in Gujarat has begun a week long training workshop on ‘Diamond Grading’…

APERC Chairman calls upon energy sector to offer electricity to industries in AP at affordable prices

APERC Chairman calls upon energy sector to…

New Delhi, Feb 6 (KNN) There is a need to provide electricity to industries in Andhra Pradesh at the lowest possible prices, said Justice G. Bhavani Prasad,…

Share of e-commerce is set to rise from 2% to 12% in next 10 years: CEO, Walmart India

Share of e-commerce is set to rise…

New Delhi, Feb 6 (KNN) Share of e-commerce is set to rise from 2% to 12% in the next 10 years despite the growth in brick and mortar retail, said Krish…

Alcoholic beverages should carry  clearly visible statutory warning with large font sizes: FSSAI

Alcoholic beverages should carry clearly visible statutory…

New Delhi, Feb 6 (KNN) In the 13th meeting of Scientific Panel on Water and Beverages, the panel recommended that the font size of statutory…

NGT slaps UP Govt with Rs 25 lakh fine for failing to stop pollution of Upper Ganga Canal

NGT slaps UP Govt with Rs 25…

New Delhi, Feb 6 (KNN) For failing to stop dumping of sewage and untreated water in the Upper Ganga Canal, the National Green Tribunal (NGT) has imposed…

Enable MSEs breath fresh air

Enable MSEs breath fresh air

B. Yerram Raju*

Hyderabad, Feb 6 (KNN) Banks want to revive. Large industry wants to revive. Firms like Jet Airways, Zee, Essar…