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SBI links MSME loans to repo rate

SBI links MSME loans to repo rate

Mumbai, Sep 24 (KNN) The country’s largest public sector lender, State Bank of India (SBI) has linked all its floating rate loans to individuals and…

RBI puts restriction on PMC bank, Mumbai, limits withdrawal to Rs 1,000

RBI puts restriction on PMC bank, Mumbai,…

New Delhi, Sep 24 (KNN) The Reserve Bank of India has placed restrictions on the amount that can be withdrawn from the Punjab & Maharashtra Cooperative…

Amit Shah launches portal for private security agencies to get licences hassle free

Amit Shah launches portal for private security…

New Delhi, Sep 24 (KNN) Union Home Minister Amit Shah on Tuesday launched a government web portal to help private security agencies get licences hassle…

Labour Ministry forms 6-member committee to investigate violation of contract labour system at ports

Labour Ministry forms 6-member committee to investigate…

New Delhi, Sept 24 (KNN) A six-member committee has been formed by the Labour Ministry to examine and investigate in detail the violation being done by…

Uthhan: Connecting profits with artisans

Uthhan: Connecting profits with artisans

New Delhi, Sept 24 (KNN) It has been observed that value of an artisan product depends on the way of presentation apart from quality. As an effort to overcome…

Govt's move to merge banks will reduce MSME loans considerably: BSSIA

Govt's move to merge banks will reduce…

New Delhi,  Sep 24 (KNN) As the Government proposed to merge Public Sector Banks (PSBs)  to bring down the total number of state-owned…

CPCB serves show-cause notice to battery manufacturers

CPCB serves show-cause notice to battery manufacturers

New Delhi, Sep 24 (KNN) The Central Pollution Control Board (CPCB) has served show-cause notice to battery manufacturing companies across the country, including…

India’s gem and jewellery exports dip 10% in August: GJEPC

India’s gem and jewellery exports dip 10%…

New Delhi, Sep 24 (KNN) India’s overall exports of gems and jewellery dropped by 10.07% in August 2019, reaching USD 2.34 billion as against…

CBDT directs tax officials to handle income tax cases of startups with utmost care

CBDT directs tax officials to handle income…

New Delhi, Sep 24 (KNN) The Central Board of Direct Taxes (CBDT) has instructed tax officials to handle income tax cases of startups with utmost…

Logistics cost, Capital cost and Power cost are stopping MSMEs from blooming, says Nitin Gadkari

Logistics cost, Capital cost and Power cost…

New Delhi, Sep 23 (KNN) Union Minister of Micro Small and Medium Enterprise (MSME) Nitin Gadkari on Monday highlighted the key issues such as Logistics…

Leather sector has the potential to create 2 million jobs in the next 5 years: MSDE

Leather sector has the potential to create…

Chennai,  Sep 23 (KNN) Leather Sector is an Export driven sector and has the potential to create 2 million jobs in the next 5 years, said…

Loan sanctions limit under priority sector lending by banks enhanced to Rs 40 crore per borrower

Loan sanctions limit under priority sector lending…

Mumbai, Sept 23 (KNN) To boost credit supply to small exporters, the Reserve Bank of India (RBI) has enhanced the loan sanctions limit under priority sector…

TIHCL cautions bankers about danger of ballooning NPA particularly in MSMEs after March 2020 if adequate measures not taken

TIHCL cautions bankers about danger of ballooning…

Hyderabad, Sept 23 (KNN) In a specially convened meeting with select bankers last week , Jayesh Ranjan, Principal Secretary, Telangana, explained to the…

Decision taken by Fin Min to cut corporate tax was historic, says Yogi

Decision taken by Fin Min to cut…

Lucknow, Sep 23 (KNN) Slashing of corporate tax rate would result in more investment by corporates, higher growth, more jobs, higher productivity and…

Assam Industries Min signs MoU for setting up tool room and training centre at Tinsukia for MSMEs

Assam Industries Min signs MoU for setting…

Guwahati, Sep 23 (KNN) To set up a tool room and training centre at Quality Control building at Borguri in Tinsukia under the special scheme ‘Promotion…

New program 'Stand-up Manipur' to be introduced soon to provide soft loans to SC/ST/OBC entrepreneurs: Minister

New program 'Stand-up Manipur' to be introduced…

Imphal, Sep 23 (KNN) A new program called ‘Stand-up Manipur’ would be introduced to provide soft loans to entrepreneurs belonging to the…

Punjab Industry Min asks newly appointed Chairman to exhort youth to start their own MSMEs

Punjab Industry Min asks newly appointed Chairman…

Chandigarh, Sep 21 (KNN) Punjab Industry and Commerce Minister, Sunder Sham Arora has asked newly appointed chairman to exhort the youth of the state…

Tamil Nadu Industries Min invites investors to fuel funds in state

Tamil Nadu Industries Min invites investors to…

Chennai,  Sep 21 (KNN) Tamil Nadu Industries Minister M.C. Sampath has invited investors to fuel funds into the State.

He made the…

BBIA urges J&K Governor to ensure roll back of electricity duty from 15 per cent to 10 per cent

BBIA urges J&K Governor to ensure roll…

Srinagar, Sep 21 (KNN) Bari Brahmana Industries Associations (BBIA) from Jammu has demanded the roll back of electricity duty from 15 per cent to 10 per…

Former Karnataka Minister urges government to help MSME sector; welcomes cut in corporate tax

Former Karnataka Minister urges government to help…

New Delhi, Sep 21 (KNN) Former Karnataka minister  RV Deshpande has urged Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman…

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