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GOVERNMENT REFORMS MSME SECTOR
Maharashtra CM meets Amazon CEO, invites company to invest in data centres, healthcareMaharashtra Chief Minister Devendra Fadnavis met Amazon CEO Andy Jassy, urging investment in the state's data centres, healthcare, and AI-d...
Cruise tourism can be a major multiplier for India’s travel and MSME sectorsIndia’s cruise tourism sector is sailing into a new phase of growth, creating opportunities for MSMEs across travel, hospitality, logistics...
'Axis Bank's MSME credit could rise by Rs 10,000 cr under ECLGS 5.0'Axis Bank anticipates disbursing over ₹10,000 crore in MSME loans via the Emergency Credit Line Guarantee Scheme 5.0. The bank is also on t...
CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reformsIndia's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures....
Karnataka proposes defence manufacturing policy consultationsKarnataka is spearheading efforts to bolster India's defence manufacturing capabilities with a proposed long-term policy, a dedicated singl...
RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...
India needs 7-8% growth for Viksit Bharat, private investment and export push crucial: EAC-PM ChairmanIndia needs sustained 7-8% economic growth to become 'Viksit Bharat' by 2047, driven by private investment and exports. Structural reforms ...
UPI, Aadhaar banking drive 61% of MSME transactions; AI adoption rises: ReportA significant majority of retailers now feel more confident using digital platforms for daily operations, leading to increased digital paym...
RBI Governor asks banks to treat MSMEs as growth partnersRBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking ...
World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...
MSMEs are India's entrepreneurship nursery, RBI to continue strong support: Governor MalhotraEmphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micr...
Early signs of stress emerge in MSME loans as West Asia disruptions worry banks: ReportLenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...
Indian banks turn cautious on MSME lending as stress signals emerge: ReportIndian banks are becoming more cautious about lending to MSMEs as early signs of stress emerge in the sector. According to a 360 ONE Capita...
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...
Affordable housing, rental expansion and RERA reforms set to define next growth phase in India's urban region: ReportIndia's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A report highlights the urgent need for affor...
Unified BRICS’ action needed to drive MSME growth and innovation: Jitan Ram ManjhiIn BRICS MSME Summit, discussions focused on technology adoption, digital transformation, and market access, highlighting MSMEs' crucial ro...
World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobsThe World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...
India to organise first BRICS MSME Forum in Agra on 19 JunePolicymakers and industry leaders from BRICS nations will gather to strengthen global MSME development and international cooperation. An ex...
Arunachal rolls out major deregulation drive to boost investmentArunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, enviro...