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MSMES
Exporters may be asked to monitor supply chains' indirect emissionsThe Indian government is engaging in discussions about measuring Scope 3 emissions for exporters. This consideration arises as trade partne...- ICICI Bank profit spurts 20% on NII; core profitability a tad lower on FCNR(B)ICICI Bank reported a 20% rise in second-quarter net profit, helped by an 18% increase in core net interest income. However, core profitabi...
- HDFC Bank PAT ticks up 5% amid pressureHDFC Bank reported a 4.7% rise in standalone net profit for the second quarter, while margin pressure weighed on core profitability. Net in...
- Commerce Ministry organizes “Leveraging FTAs” outreach program in Jaipur to boost exportsThe Commerce Ministry organized an outreach event in Jaipur, targeting exporters to clarify the use of benefits provided by India's free tr...
- Axis Bank appoints former HDFC Bank veteran Rahul Shukla to head Commercial, Bharat BankingAxis Bank has appointed Rahul Shukla as the group head of Commercial and Bharat Banking, effective October 19. He brings over three decades...
- India needs to leverage FTAs, export promotion mission initiatives to boost shipments: CII's BudhiaIndian businesses are encouraged to utilise free trade agreements and the export promotion mission for expansion. Recent data shows that In...
- Google expands AI push in India with $15 million MSME funding, crop research and teacher trainingIn a remarkable move, Google has embarked on extensive AI initiatives in India, primarily focused on boosting sectors like agriculture, edu...
- Nagpur’s industrial push gains momentum, but MSMEs face rising power costs and land hurdlesWith major industrial investments taking shape across Vidarbha, industry stakeholders believe Nagpur has an opportunity to emerge as a dive...
- GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEsThe success of next-generation GST reforms will ultimately be measured on the basis of their ability to lower compliance costs, enhance ref...
- World Bank Group mobilizes $36 billion in India for development and job creation over four yearsThe World Bank Group has mobilised a cumulative $36 billion in India across various development sectors. This funding includes $9.6 billion...
- World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...
- Google.org announces $15 million in funding to support AI-powered growth for India's MSMEs in partnership with The/NudgeThis funding aims to create scalable AI tools that improve access to credit and markets for small businesses.
- MSMEs need to focus on quality, cost to gain from new FTAs: SecyIndia's expanding network of free trade agreements is creating new opportunities for MSMEs to grow. The MSME ministry emphasizes the need f...
- From credit access to capital intelligence: The next evolution of MSME financeThe task ahead for lenders, fintechs, and financial institutions serving this segment is not simply to close the credit gap; it is to close...
- Gujarat classifies 268 talukas into two categories under new industrial policy to promote investmentThe Gujarat government has classified 268 talukas across 34 districts into two categories for future investment prospects. This initiative ...
- ET Business Growth Summit in Mumbai showcases ideas and innovations driving business growthKey discussions focused on MSME growth, investment opportunities in Maharashtra, and innovative strategies for scaling businesses. Entrepre...
- India expanding trade footprint to strengthen global ties and empower MSMEs: Piyush GoyalIndia is increasing its network of free trade agreements (FTAs) to integrate deeply with global economies. Nine trade pacts covering 38 dev...
- CEA Nageswaran pitches for MSME-specific approach to NPA classification normsV Anantha Nageswaran emphasized the need to revise non-performing asset classification norms for micro, small and medium enterprises. He hi...
- Higher borrowing costs could increase financial burden on exporters: FIEOIn a recent statement, FIEO has voiced serious concerns about the repercussions of increasing borrowing costs for exporters amid economic u...
- Cabinet approves Rs 10,000 crore SME Growth Fund for small and medium enterprisesThe Union Cabinet approved a Rs 10,000 crore SME Growth Fund to support micro, small, and medium enterprises. This fund is part of the gove...
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