Empowering MSMEs with News & Insights

Latest News

70 per cent of MSMEs don’t have access to institutional finance: ASSOCHAM report

70 per cent of MSMEs don’t have…

New Delhi, Apr 12 (KNN) Only 33-34% of firms from Micro, small and medium enterprises (MSME) sector have an access to banks and institutional financing…

Delhi traders call upon Ministers from all political parties, gives 3-day deadline to solve the matter

Delhi traders call upon Ministers from all…

New Delhi, Apr 12 (KNN) In the ongoing row around sealing drive in the national capital, the traders in Delhi recently held a ‘traders parliament’…

Heartening to see contribution of MSMEs in defence production go up by 200 per cent in 4 years: PM Modi

Heartening to see contribution of MSMEs in…

New Delhi, Apr 12 (KNN) In a bid to encourage the Micro, Small and Medium Enterprises (MSMEs) in defence sector, Prime Minister Narendra Modi during his…

RBI imposes Rs 30 mn monetary penalty on IDBI Bank

RBI imposes Rs 30 mn monetary penalty…

New Delhi, Apr 12 (KNN) The Reserve Bank of India (RBI) has slapped a monetary penalty of Rs 30 million on IDBI Bank for non-compliance of Income Recognition…

Energy access, efficiency, sustainability and security to pave way for country: PM Modi

Energy access, efficiency, sustainability and security to…

New Delhi, Apr 12 (KNN) With a view to discuss key aspects and prospects of the Future of Global Energy Security, IEF energy Ministers and industry experts…

Online facility to check status of Importers Exporter Code application launched

Online facility to check status of Importers…

New Delhi, Apr 12 (KNN) The Directorate General of Foreign Trade (DGFT) has launched a facility to check status of Importer Exporter Code (IEC) application…

Over 100 beneficiaries of Mudra Yojana interacts with PM; 11 cr people benefited from scheme so far

Over 100 beneficiaries of Mudra Yojana interacts…

New Delhi, Apr 12 (KNN) Over 100 beneficiaries of the Pradhan Mantri Mudra Yojana, from across the country, who have a success story to tell, interacted…

GMR Group-TIDC to set up defence manufacturing hub in TN; 700 MSMEs to benefit

GMR Group-TIDC to set up defence manufacturing…

New Delhi, Apr 12 (KNN) The GMR Group and TIDC have announced setting up of an aerospace and defence manufacturing hub at Hosur in Tamil Nadu which would…

DefExpo 2018 - Big Cos chosen yet again over MSMEs in tech transfer; sector feels disappointed

DefExpo 2018 - Big Cos chosen yet…

Chennai, Apr 11 (KNN) With the DefExpo 2018 kicking off in Chennai from tomorrow, the Micro, Small and Medium Enterprises (MSMEs) attending the event raised…

Payment of wages below prescribed minimum wages attracts criminal liability in court

Payment of wages below prescribed minimum wages…

New Delhi, Apr 11 (KNN)

PM to inaugurate DefExpo 2018 in Chennai tomorrow

PM to inaugurate DefExpo 2018 in Chennai…

New Delhi, Apr 11 (KNN) Prime Minister Narendra Modi will inaugurate the 10th edition of Defence Expo-2018 on 12th April in Chennai.MSME sector is likely…

India and World Expo 2020 Dubai signs MoU to foster innovation-creativity

India and World Expo 2020 Dubai signs…

New Delhi, Apr 11 (KNN) For India’s pavilion in the prestigious World Expo 2020 Dubai, India and World Expo 2020 has signed a Memorandum of Understanding…

SIDBI collaborates with CSC to promote micro enterprises in 115 districts

SIDBI collaborates with CSC to promote micro…

New Delhi, Apr 11 (KNN) In a bid to promote micro enterprises in 115 aspirational districts across the country Small Industries Development Bank of India…

Jewellery MSMEs faces financial crunch; GJEPC and SDA to knock Centre’s door over term loan issue

Jewellery MSMEs faces financial crunch; GJEPC and…

New Delhi, Apr 11 (KNN) On refusal of banks to provide term loans to small and medium units (SMEs) in the diamond sector, the Surat Diamond Association…

MSME Ministry – GSTN to share data of registered MSMEs

MSME Ministry – GSTN to share data…

New Delhi, Apr 11 (KNN) The Ministry of Micro, Small and Medium Enterprises (MoMSME) and the Goods & Services Tax Network (GSTN) will soon sign a pact…

MSMEs approach Parliamentary Committee to scuttle SMA classification Order of RBI

MSMEs approach Parliamentary Committee to scuttle SMA…

New Delhi, Apr 11 (KNN) Loosing hope for remedial action by the Government and the RBI,  MSME sector has approached the  Members of Parliament…

Prabhu holds meeting with departments-MSME Ministry to discuss plan for increasing growth rate of districts

Prabhu holds meeting with departments-MSME Ministry to…

New Delhi, Apr 11 (KNN) Eyeing at facilitating growth in the country by advancing with a ‘district centred approach’ , Commerce and Industry…

Labour Code on social security further eases doing business by proposing a single social security contribution

Labour Code on social security further eases…

New Delhi, Apr 11 (KNN) Making a significant change in labour law, the draft Labour Code on Social Security 2018 has proposed to cap the contribution to…

GST, demonetization related issues hampered SMEs, exporters; contributed to India’s growth moderation in FY17: ADB

GST, demonetization related issues hampered SMEs, exporters;…

New Delhi, Apr 11 (KNN) Dip in India’s growth rate in FY 2017 can be attributed to lingering effect of demonetization and teething issues related…

IBBI collaborates with IICA for research-knowledge sharing

IBBI collaborates with IICA for research-knowledge sharing

New Delhi, Apr 11 (KNN) In a development, the Insolvency and Bankruptcy Board of India (IBBI) signed collaboration with the Indian Institute of Corporate…