Empowering MSMEs with News & Insights

Latest News

Cabinet approves upward revision of MSME definition; FISME hails the move

Cabinet approves upward revision of MSME definition;…

New Delhi, June 1 (KNN) The Cabinet today approved upward revision of MSME definition.

Accordingly a business will now be classified as ‘micro’…

Finance Ministry notifies restriction on global tenders of upto Rs 200 crore

Finance Ministry notifies restriction on global tenders…

New Delhi, June 1 (KNN) The Ministry of Finance has reiterated through a notification that there will be restriction on global tenders for amounts up to…

Indian manufacturers recorded another sharp deterioration in business conditions during May: Survey

Indian manufacturers recorded another sharp deterioration in…

New Delhi, June 1 (KNN) Amid the ongoing coronavirus lockdown, Indian manufacturers recorded another sharp deterioration in business…

Jammu MSMEs express dissatisfaction over conversion of ESIC hospital into COVID-19 health care centre

Jammu MSMEs express dissatisfaction over conversion of…

Jammu, Jun 1 (KNN) Micro, Small and Medium Enterprises (MSMEs) in Jammu, on Monday, express their dissatisfaction over the conversion of ESIC hospital into…

ITR forms for 2019-20 notified; govt makes mandatory for high spenders to file ITR

ITR forms for 2019-20 notified; govt makes…

New Delhi, Jun 1 (KNN) The government has notified new income-tax return forms for 2019-20, making it mandatory for high spenders to file ITR and allowing…

Govt has decided to disinvest in certain pharma PSUs, says Piyush Goyal

Govt has decided to disinvest in certain…

New Delhi, Jun 1 (KNN) The government has decided to disinvest in certain pharmaceutical public sector undertakings (PSUs) said Commerce and Industry Minister…

CII urges Puducherry CM to postpone power tariff hike

CII urges Puducherry CM to postpone power…

Puducherry, Jun 1 (KNN) The Confederation of Indian Industry (CII) Puducherry has urged the government to postpone the power tariff hike recommended by…

PM Modi appoints committee for MSME loan implementation: Nitin Gadkari

PM Modi appoints committee for MSME loan…

New Delhi, Jun 1 (KNN) Prime Minister Narendra Modi has appointed a committee headed by Rajnath Singh to resolve any problem in the implementation of the…

AP govt releases MSME dues pending for last five years

AP govt releases MSME dues pending for…

Anantapur, May 30 (KNN) In a bid to strengthen the Micro, Small and Medium Enterprises (MSME), the Andhra Pradesh (AP) government has released MSME…

Kishan Reddy assures financial help to MSMEs in Hyderabad

Kishan Reddy assures financial help to MSMEs…

Hyderabad, May 30 (KNN) Union Minister of State for Home Affairs G Kishan Reddy has assured financial assistance through banks to the young entrepreneurs…

CICU donates ventilator to Punjab police

CICU donates ventilator to Punjab police

Ludhiana, May 30 (KNN) Chamber of Industrial and Commercial Undertakings (CICU) and Confederation of Indian Industry (CII) donated ventilator to Punjab…

Urban co-operative banks write to FM seeking benefit of credit guarantee scheme for their MSME borrowers

Urban co-operative banks write to FM seeking…

New Delhi, May 30 (KNN) Urban co-operative banks (UCBs) have written to the Finance Minister Nirmala Sitharaman demanding a 100 per cent guarantee…

Export Promotion Council for EOUs and SEZs requests PM Modi to issue nationwide policy for running businesses

Export Promotion Council for EOUs and SEZs…

New Delhi, May 29 (KNN) The Export Promotion Council for EOUs and SEZs (EPCES) has written a letter to Prime Minister Narendra Modi over difficulties being…

FOSMI appeals its MSMEs members to contribute towards CM Relief Fund to help rebuild WB after Cyclone Amphan

FOSMI appeals its MSMEs members to contribute…

Kolkata, May 29 (KNN) The Federation of Small and Medium Industries (FOSMI) has urged its member micro small and medium enterprises (MSMEs) to contribute…

CAIT writes to Delhi LG Anil Baijal on sanitisation of markets

CAIT writes to Delhi LG Anil Baijal…

New Delhi, May 29 (KNN) The Confederation of All India Traders (CAIT) has written to the Delhi Lieutenant Governor Anil Baijal saying no sanitisation operations…

Govt lifts curbs on paracetamol APIs

Govt lifts curbs on paracetamol APIs

New Delhi, May 29 (KNN) The union government has removed restrictions on the export of paracetamol Active Pharmaceutical Ingredients (APIs).

The…

Traders are eligible to get credit benefit under Aatmanirbhar package: Piyush Goyal

Traders are eligible to get credit benefit…

New Delhi, May 29 (KNN) Traders are also eligible to get the credit benefit announced under the Aatmanirbhar package for the Micro, Small and Medium Enterprises…

44% MSMEs feel financial package failed to meet expectations: Survey

44% MSMEs feel financial package failed to…

New Delhi, May 29 (KNN) The COVID-19 pandemic has caused great economy distress affecting all the sectors from large corporates to Micro Small and Medium…

LUB, SJM suggest to make Indian ownership as additional qualification to get MSME tag

LUB, SJM suggest to make Indian ownership…

New Delhi, May 29 (KNN) Laghu Udyog Bharati (LUB) and Swadeshi Jagran Manch (SJM) have suggested government to make Indian ownership as an additional qualification…

Govt to discontinue to sell savings bonds with 7.75% returns

Govt to discontinue to sell savings bonds…

Mumbai, May 28 (KNN) The government has discontinued to sell its savings bonds that provided returns at 7.75 per cent (on a taxable basis), it said in a…

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 !