Empowering MSMEs with News & Insights

Latest News

Centre releases Rs 44,000 cr to States towards GST Compensation

Centre releases Rs 44,000 cr to States…

New Delhi, 28 Oct (KNN) The Ministry of Finance has released INR 44,000 crore today to the States and UTs with Legislature under the back-to-back loan facility…

Aluminum majors cite MSME vulnerabilities to secure coal supply for their operations

Aluminum majors cite MSME vulnerabilities to secure…

New Delhi, 28 Oct (KNN) The Aluminium Association of India in its desperate efforts to secure the coal supply has reached out to the Prime Minister’s…

RBI asks MFIs to stay focused on lending to SHGs & Micro enterprises

RBI asks MFIs to stay focused on…

New Delhi, 28 Oct (KNN) The Deputy Governor of Reserve Bank of India, M. Rajeshwar Rao instructed the microfinance (MFI) sector to not divert from their…

PM FME scheme to cover 90,000 food processing micro units

PM FME scheme to cover 90,000 food…

New Delhi, 28 Oct (KNN) The Ministry of Food Processing, Government of India under its PM Formalisation of Micro Food Processing Enterprises Scheme (PM…

India sees big opportunity amidst chip crisis

India sees big opportunity amidst chip crisis

New Delhi, 28 Oct (KNN) The chip deficit has stormed various sectors such as electronics, appliances, and automobile industries and has disrupted the supply…

SMEs call for Auto Dealers Protection Act

SMEs call for Auto Dealers Protection Act

Hyderabad, 28 Oct (KNN) As per the policy brief released by the Federation of Automobile Dealers Associations (FADA) on Auto Dealers Protection Act in India,…

ADB to lend USD 100 mn for Agribusiness support in Maharashtra

ADB to lend USD 100 mn for…

New Delhi, 28 Oct (KNN) The Asian Development Bank (ADB) and the Government of India has signed a USD100 million loan to promote agribusiness in Maharashtra…

GoI plans semiconductor incentive policy amid shortage

GoI plans semiconductor incentive policy amid shortage

New Delhi, 27 Oct (KNN) The Government of India is working on a semiconductor design-linked incentive policy as the crunch of chips has jolted the global…

KVIC holds Khadi fashion show to attract youth

KVIC holds Khadi fashion show to attract…

New Delhi, 27 Oct (KNN) Khadi and Village Industries Commission (KVIC) organized the Khadi fashion show at Hotel Ashok in New Delhi last evening.

It…

Cashinvoice sets Rs 10,000 cr financing target for MSMEs

Cashinvoice sets Rs 10,000 cr financing target…

New Delhi, 27 Oct (KNN) Cashinvoice, a supply chain financing (SCF) platform announced today that it will facilitate over INR 10,000 crore worth of financing…

Govt to tap giants like Tesla & Samsung to manufacture batteries in India

Govt to tap giants like Tesla &…

New Delhi, 27 Oct (KNN) India is planning to invite big companies such as Tesla, Samsung and LG Energy to invest in manufacturing batteries locally, as…

MSME Ministry launches ‘SAMBHAV’ programme with 1300 colleges to spread entrepreneurship

MSME Ministry launches ‘SAMBHAV’ programme with 1300…

New Delhi, 27 Oct (KNN) Union Minister of MSME, Narayan Rane today presented “SAMBHAV”, a National Level Awareness Programme-2021 being organised…

Karnataka Govt & STPI to host Tech Summit from 17-19 Nov

Karnataka Govt & STPI to host Tech…

New Delhi, 27 Oct (KNN) The Department of Electronics, IT, Bt and S&T, Government of Karnataka is organizing Bengaluru Tech Summit (BTS), which will…

MSEs in Karnataka seek extension of Karasamadhana Scheme

MSEs in Karnataka seek extension of Karasamadhana…

New Delhi, 27 Oct (KNN) The Karnataka Small Scale Industries Association (KASSIA) has appealed to the State government to extend the Karasamadhana Scheme…

Axis Bank eyes SMEs & mid-corporate segments

Axis Bank eyes SMEs & mid-corporate segments

New Delhi, 27 Oct (KNN) Axis Bank ended September 2021 marking 86 per cent growth in net profit at INR 3,133 crore, against INR 1,683 crore in Q2 of FY21.

CICU suggests measures to Punjab Govt for growth of MSMEs

CICU suggests measures to Punjab Govt for…

New Delhi, 26 Oct (KNN) Chamber of Industrial & Commercial Undertakings (CICU) has forwarded to Punjab Government a slew of measures for growth of Micro,…

Commerce Minister Goyal oversees ONDC to help SMEs in e-transformation

Commerce Minister Goyal oversees ONDC to help…

New Delhi, 26 Oct (KNN) The Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Piyush Goyal…

$ 4.5 mn ADB loan to improve urban mobility in Mizoram

$ 4.5 mn ADB loan to improve…

New Delhi, 26 Oct (KNN) The Government of India and the Asian Development Bank today signed a USD 4.5 million project readiness financing (PRF) loan to…

MSME component manufacturers hopeful but not sure of double digit growth in auto sector

MSME component manufacturers hopeful but not sure…

New Delhi, 26 Oct (KNN) According to CRISIL SME Tracker, growth in demand for automotive components is on track to accelerate in the current fiscal year…

Ministry of MSME acknowledges AIIA to launch Incubation Centre for Entrepreneurship

Ministry of MSME acknowledges AIIA to launch…

New Delhi, 26 Oct (KNN) The Incubation Centre for Innovation and Entrepreneurship (AIIA- iCAINE) by All India Institute of Ayurveda (AIIA) will be inaugurated…

SUBSCRIBE TO OUR MAILING LIST

Get the latest updates from KNN

Your e-mail will be secure with us. We will not share your information with anyone !