Empowering MSMEs with News & Insights

Latest News

26 MSMEs from Aurangabad Auto Cluster join hands with GIZ for Low Cost Automation Solutions

26 MSMEs from Aurangabad Auto Cluster join…

Aurangabad, Dec 7 (KNN) Recognizing the importance of Innovation and Automation for business growth, as many as 26 city based micro, small and medium enterprises…

Gold is a commodity which govt can control, but jewellery is need of consumers which cannot be controlled: Jewellers

Gold is a commodity which govt can…

New Delhi, Dec 7 (KNN) Cash crunch has hit trade across the sector, but one of the most affected business is of jewellers during the peak marriage season…

RBI keeps repo rate unchanged at 6.25 per cent

RBI keeps repo rate unchanged at 6.25…

New Delhi, Dec 7 (KNN) In a move which could disappoint many who were expecting lower interest rates post demonetization, RBI has kept the repo rate unchanged at 6.25 per…

KVIC signs MoU with Raymond to market Khadi at global level

KVIC signs MoU with Raymond to market…

Mumbai, Dec 7 (KNN) The Ministry of MSME in a tweet said that the Khadi & Village Industries Commission (KVIC) has partnered with apparel major Raymond…

For NPA settlement, MSME borrowers can deposit old notes in loan accounts: Banker

For NPA settlement, MSME borrowers can deposit…

Bengaluru, Dec 7 (KNN) Some banks are seeing demonetization as a good chance to recover from Non-Performing Assets (NPAs) in the MSME sector by coming out…

Demonetization may force RBI to cut rates; but with slow demand are MSMEs willing to borrow right now: Experts

Demonetization may force RBI to cut rates;…

New Delhi, Dec 7 (KNN) All eyes are set on the Monetary Policy Committee for the announcement on rate cut today as after facing the cash crunch post demonetization,…

Govt gives 2 months’ extension for implementation of stainless steel quality control order

Govt gives 2 months’ extension for implementation…

New Delhi, Dec 7 (KNN) Two months’ extension has been granted for the implementation of Stainless Steel Products (Quality Control) Order, the Ministry…

Govt directs banks to install additional 1 million new PoS terminals by March 31, 2017

Govt directs banks to install additional 1…

New Delhi, Dec 7 (KNN) In order to facilitate the move towards cashless transactions, the Government has directed the banks to install an additional one…

Competition for innovation to strengthen competitiveness in India

Competition for innovation to strengthen competitiveness in…

New Delhi, Dec 6 (KNN) In this rapidly evolving technology driven economy, there is a need for balance between competition law and intellectual property…

Amma was magnanimous in helping micro and small industries: Tamil Nadu MSMEs

Amma was magnanimous in helping micro and…

Chennai, Dec 6 (KNN) The Tamil Nadu Chief Minister and AIADMK supremo, J Jayalalithaa passed away on Monday night at 11.:30 pm from a cardiac arrest. Puratchi…

EEPC India calls off export award ceremony

EEPC India calls off export award ceremony

New Delhi, Dec 6 (KNN) Apex body for engineering exporters in the country EEPC India today called off its export award function ceremony as a respect to…

MoUs are signed during conclaves, but implementation takes a lot of time: Odisha MSMEs

MoUs are signed during conclaves, but implementation…

Bhubaneswar, Dec 6 (KNN) During conclaves, the Memorandums on investments are signed but they get stuck at implementation level and long-time taken on approvals.

Govt considering proposal to hike EPFO wage ceiling to Rs 25000 per month

Govt considering proposal to hike EPFO wage…

New Delhi, Dec 6 (KNN) The Employees' Provident Fund Organisation (EPFO) has proposed to hike wage ceiling for coverage under social security schemes…

Kerala Govt organizing Vyapar 2017, a B2B meet for MSMEs, in February

Kerala Govt organizing Vyapar 2017, a B2B…

Thiruvananthapuram, Dec 6 (KNN) The Kerala Government is organizing a three-day micro, small and medium enterprises (MSME) B2B meet, Vyapar 2017, in Kochi…

Demonetization, Monetary Policy Review and MSMEs: Experts’ Views

Demonetization, Monetary Policy Review and MSMEs: Experts’…

New Delhi, Dec 5 (KNN) The MSME sector, which has been facing the brunt of demonetization directly on its production, credit and labourers, is waiting to…

Payments above Rs 5,000 to Suppliers, Contractors etc by Govt Depts to be made through e-Payment only

Payments above Rs 5,000 to Suppliers, Contractors…

New Delhi, Dec 5 (KNN) The Ministry of Finance has today made it mandatory for the government departments to make any payment above Rs 5000 to suppliers,…

10 Districts & 50 Panchayats which go cashless by pushing digital payments to get incentives from Govt

10 Districts & 50 Panchayats which go…

New Delhi, Dec 5 (KNN) The Ministry of MSME, on social media websites, said the Government has firmed up its plans to take the Digital Payment Communication…

No orders, no raw materials, no labours but pressure to repay loans still there: MSMEs

No orders, no raw materials, no labours…

New Delhi, Dec 5 (KNN) With the businesses being hit hard due to limited cash in hands, the micro, small and medium enterprises (MSMEs) are now struggling…

CBDT again urges Jan Dhan account holders not to consent to any kind of misuse of their accounts

CBDT again urges Jan Dhan account holders…

New Delhi, Dec 5 (KNN) The Central Board of Direct Taxes (CBDT) has once again urged the Jan Dhan account holders not to consent to any kind of misuse of…

GJEPC sets up first-of-its-kind Indian Institute of Gem & Jewellery in Varanasi

GJEPC sets up first-of-its-kind Indian Institute of…

New Delhi, Dec 5 (KNN) The Gem & Jewellery Export Promotion Council (GJEPC) has set up the first-of-its-kind Indian Institute of Gem & Jewellery…