Empowering MSMEs with News & Insights

Latest News

Slowdown impact: credit to mfg declines

Slowdown impact: credit to mfg declines

New Delhi, Apr 5 (KNN) Thanks mainly to the economic downturn, the growth in credit offtake to the manufacturing sector has declined to 14.7 per cent in February this year…
Lucknow to Agra travel time will be 3-4 hrs; bids called for expressway

Lucknow to Agra travel time will be…

Lucknow, April 5 (KNN) Travel time between Agra and Lucknow will be reduced to three-four hours after an access controlled Expressway is built between the two historic…
MSMEs can buy or sell intellectual property rights on IPR Exchange

MSMEs can buy or sell intellectual property…

New Delhi, Apr 4  (KNN)  Micro, small and medium enterprises (MSMEs) in India will now be able to buy or sell their intellectual  property…
Healthy growth in international tourist arrivals to South Asia; India lags

Healthy growth in international tourist arrivals to…

New Delhi, Apr 4 (KNN) The average annual growth of international tourist arrivals to South Asia is growing at double the rate when compared to rest of the…
Tirupur exporters want hike in duty drawback rates

Tirupur exporters want hike in duty drawback…

New Delhi, Apr 4 (KNN) Tirupur Exporters have requested the Duty Drawback Committee for 2013-14, set up by the Ministry of Finance to consider increasing Duty…
TN government to set up six industrial estates to serve MSMEs

TN government to set up six industrial…

Chennai, Apr 4 (KNN)  The Tamil Nadu State Industries Development Corporation (SIDCO) will create seven additional industrial estates in six districts…
Low expectation of policy rate cut in annual monetary policy review

Low expectation of policy rate cut in…

New Delhi, Apr 4 (KNN) The Reserve Bank of India will review the annual Monetary Policy for 2013-14 on May 3 amidst low expectation of revision in policy interest…
Jobs for school dropouts in J&K

Jobs for school dropouts in J&K

Jammu, Apr 4 (KNN)  In Jammu and Kashmir, about one lakh youth including dropouts will be given training and jobs by 2017 under the Himayat scheme, out…
SBH allocates Rs 9,000 crore for MSMEs

SBH allocates Rs 9,000 crore for MSMEs

From Manne Sreenivas Rao

Hyderabad, Apr 2 (KNN)
  With an aim to support MSMEs, the State Bank of Hyderabad (SBH) has allocated Rs 9000 crore…
Tourism Ministry reduces processing time for hotel approval

Tourism Ministry reduces processing time for hotel…

New Delhi, Apr 3 (KNN)   The tourism department will now not take more than 40 days to make a final decision for hotel approval including examining and…
Coop banks can lend more to priority sector as unsecured loans

Coop banks can lend more to priority…

New Delhi, Apr 3 (KNN)  In an effort to step up priority sector lending which goes to MSMEs among others, the Reserve Bank of India today allowed Urban…
President calls for easy financial access to MSMEs

President calls for easy financial access to…

New Delhi, Apr 3 (KNN)  President Pranab Mukherjee today underscored the need for  “unfettered” growth of the micro, small and medium…
Mongolia hits copper; economic transformation inevitable

Mongolia hits copper; economic transformation inevitable

New Delhi, Apr 3 (KNN)  Think of Mongolia and images of the vast Gobi desert and a nomadic lifestyle come to mind.   But with its mountains,…
MSME to be major source of jobs says PM

MSME to be major source of jobs…

New Delhi, Apr 3 (KNN) Prime Minister Manmohan Singh today extended support to small and medium enterprises (SMEs), stating they will be a major source…
Unemployment up to 55 per cent in trouble-hit countries of Europe

Unemployment up to 55 per cent in…

New Delhi, Apr 3 (KNN)  Contrary to expectations of revival in the global economy, the rate of unemployment in the European Union has risen alarmingly…
Ministry bats for tax sops for growing MSMEs; spl package on cards

Ministry bats for tax sops for growing…

New Delhi, Apr 3 (KNN) MSME Ministry has approached the Finance Ministry to provide tax benefits to growth bound MSMEs apart from working out a special…
Cotton yarn prices surge to Rs 35 per kg, apparel likely to get costlier

Cotton yarn prices surge to Rs 35…

New Delhi, April 3 (KNN) 25 per cent surge in the cotton yarn prices in just 5 weeks has raised concerns over the domestic manufacturers and cotton exporters.

Government announces sops for electronic gadgets and chip manufacturers

Government announces sops for electronic gadgets and…

Hyderabad, Apr 2 (KNN) The Centre has announced various sops for Andhra Pradesh including the Electronic Manufacturing Cluster Scheme which provides 50 per…
Akhilesh Yadav gifts bevy of development projects worth Rs 3337 crore to Noida

Akhilesh Yadav gifts bevy of development projects…

New Delhi, Apr 2 (KNN)  Pursuing a development agenda, the UP government is set to unveil a roadmap for various projects worth Rs 3337 crore in Noida,…
Annual supplement to FTP gets delayed, likely to be announced in 3rd week of April

Annual supplement to FTP gets delayed, likely…

New Delhi, Apr 2 (KNN) Slowdown-hit exporters expecting relief from the government will have to wait for some more time as the annual supplement to the Foreign…

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 !